Infosys collaborated with Bpost (Belgium Post), a leading postal operator and growing parcel and omni-commerce logistics partner in Europe, to secure the cloud environment and build cyber-resilience of mail delivery services and of Bpost logistics.
The advice of SAL steel approved secured borrowing of money through intercompany loans in the amount of Rs 125 crore and other working capital for the purchase of raw materials for the production of Ferro Chrome fromAIA Engineering Limit which will be used for reimbursement purposes of Invent Assets Securitization and Reconstruction Private Limited as well as for working capital and other purposes.
JSW SteeI, the flagship company of the $22 billion JSW Group, today entered into a collaboration with SMS Group, a Germany-based engineering and technology company, to explore several cutting-edge solutions and R&D to reduce carbon emissions in its steel operations in India. The collaboration will allow companies to jointly explore opportunities to reduce carbon emissions and produce green steel in one of the hard-to-reduce sectors.
Kalyani Powertrain Limited, a wholly owned subsidiary of Bharat’s Forge Ltd, partners with Harbinger Motors Inc to form a joint venture focused on developing electric drivetrain solutions for the commercial vehicle market. The new joint venture, named ElectroForge, will leverage the strengths of both partners to offer best-in-class transmissions developed for the Class 3 through 8 markets, delivering superior efficiency and cost control. The partnership will perfectly balance the forward-thinking innovation of Harbinger’s experienced EV team and the vast manufacturing knowledge and scalability of Bharat Forge.
The advice of Krishna Ventures Limited approved expansion plans. The board has approved the total capex, on establishing its HVAC and sheet metal plant in Greater Noida, which is expected to start commercial production from Q3, 2022. The estimated cost will be Rs 10 crore in the first phase which will be partly financed by internal funds. sources/ Debt.
KEC International Ltd., a major global infrastructure EPC, an RPG Group company, secured new orders of Rs. 1,108 crores in its various businesses such as transmission and distribution (in India, Middle East and Africa); railway activity (in India); and the Oil & Gas Pipelines business (in India).
Filatex IIndia has received a patent for the process of recycling waste polyethylene terephthalate (PET) for 20 years from June 2, 2021. The company has received a certificate from the patent office of the Indian government.
squad Band announced the appointment of Ravi S Ahuja as Chief Operating Officer – Commercial (Office Space). Ravi will lead sales, marketing, strategic planning and be responsible for revenue growth and profitability and asset management operations of the company’s commercial office business. In his previous assignments, Ravi has worked with L&T Realty, Colliers International and Cushman & Wakefield.
Praveg Communications (India) Limited has received an award letter from the Varanasi Development Authority, Varanasi for the development of “Tent City” at Bank of River Ganges.
September 14, 2022