FACILITY
India-Russia JV delivers 35,000AK-203 rifles in first phase Indo-Russian Rifles in Amethi delivered 35,000 AK-203 rifles to the Indian Army. The Korwa Ordnance Factory began production after its 2019 inauguration and a ₹5,124 crore technology transfer. It will supply paramilitary, police forces, and enable e...
05 Jul, 2024, 11.22 PM ISTNorms issued for funding of testing facilities, infra for National Green Hydrogen Mission The Ministry of New and Renewable Energy has released guidelines to fund testing facilities and infrastructure for the National Green Hydrogen Mission, aiming to develop standards and regulatory frameworks. The initiative will address gaps in existi...
05 Jul, 2024, 12.41 AM ISTFoxconn’s Bharat FIH is facing turbulence due to top-level exits Foxconn group company Bharat FIH is in a rough spot, with three of its independent directors having exited its board in the past three months. Interglobe Aviation chairman Venkataramani Sumantran, Sify Technologies cofounder Ramaraj R and former IT ...
04 Jul, 2024, 06.01 AM IST
Bharat FIH plans factory reset on board, order woes Foxconn group's Bharat FIH is facing challenges as it loses key directors and considers closing its Sri City facility due to reduced orders from Xiaomi, its main client. The company's dependence on Xiaomi has led to a decline, with industry watchers...
04 Jul, 2024, 01.21 AM ISTWarning letter: USFDA pulls up Sun Pharma for manufacturing issues at Dadra facility "Your firm failed to clean, maintain, and, as appropriate for the nature of the drug, sanitise and/or sterilise equipment and utensils at appropriate intervals to prevent malfunctions or contamination that would alter the safety, identity, strength,...
03 Jul, 2024, 10.44 PM ISTMahindra & Mahindra selects ABB technology for new EV paint facility M&M partners with ABB using PixelPaint tech to offer precise finish application without disrupting production line for personalization options on new EVs, marking a significant advancement in the automotive industry.
03 Jul, 2024, 08.29 PM ISTMoU signed to set up 3 testing facilities in Chennai under Defence Testing Infra Scheme The Ministry of Defence revolutionizes defence infrastructure with state-of-the-art facilities in Chennai. With a massive investment of Rs 400 crore under the DTIS scheme, led by Defence Minister Rajnath Singh, the MoU exchange in New Delhi sets the...
02 Jul, 2024, 08.19 PM ISTRafale’s India operations get a strategic push; Dassault establishes maintenance facility near Jewar Airport Dassault Aviation is advancing plans to establish a Maintenance, Repair, and Overhaul (MRO) facility near Jewar International Airport for India’s Mirage 2000 and Rafale fighters. This move supports India's aspiration to locally manufacture the lates...
02 Jul, 2024, 11.55 AM ISTNatural Environment Solutions enters Indian data centre industry with 5 MW facility in Pune Natural Environment Solutions Pvt Ltd (NES) on Tuesday announced its foray into the Indian data centre industry with a 5 MW facility in Pune and said it plans to scale up to over 100 MW of data centre capacity across the country in the next three ye...
02 Jul, 2024, 11.52 AM ISTKarnataka losing out in manufacturing race; CXO churn in startups New-age companies are choosing to set up manufacturing facilities in neighboring states like Maharashtra and Tamil Nadu, bypassing Karnataka. More on this in today's ETtech Morning Dispatch.
02 Jul, 2024, 07.31 AM ISTAsian Paints doubles production capacity at Mysuru plant for Rs 1,3o5 crore investment Asian Paints is investing heavily to expand production capacity at various plants. The company is doubling capacity at the Mysuru plant and increasing capacities at Ankleshwar, Kasna, and Khandala. Additionally, a new water-based manufacturing facil...
01 Jul, 2024, 08.15 PM ISTWarehouse operators take shine to solar power, rework logistics The move towards renewable energy is not just a response to global environmental concerns but also a strategic business decision for many warehouse operators seeking to reduce operational costs and enhance sustainability.
01 Jul, 2024, 11.32 AM ISTThe T20 World Cup was a milestone for cricket's global ambitions With the decision to increase the size of the tournament to 20 teams and to play part of the group stage in the USA, the International Cricket Council (ICC) saw this World Cup as a vehicle for expansion of the sport's popularity. More teams from eme...
30 Jun, 2024, 10.43 PM ISTIndia's healthcare in critical condition: 4 out of 5 public health centers below par, reveals new Govt report A recent Indian government self-assessment reveals that most public health facilities, including district hospitals and primary centers, fall short of essential standards. Only 20% meet benchmarks for infrastructure and resources, with 42% scoring b...
29 Jun, 2024, 12.51 PM ISTMaster plan of Rs 424 crore for upgrading facilities at Badrinath temple: Uttarakhand CM Dhami On Saturday, Uttarakhand Chief Minister Pushkar Singh Dhami announced a master plan worth Rs 424 crore for upgrading facilities at the Badrinath temple. The initiative aims to enhance pilgrimage experiences while balancing environmental sustainabili...
29 Jun, 2024, 12.47 PM ISTAggregate WMA limit of states/UTs revised upward to Rs 60,118 cr: RBI The limits for financial accommodation extended by the RBI to state governments/ union territories (UTs) through Special Drawing Facility (SDF), WMA, and Overdraft (OD) schemes were last reviewed and announced on April 1, 2022. The RBI further said ...
28 Jun, 2024, 09.21 PM ISTIndia to enter into bilateral Rupee swap agreements with SAARC countries: RBI The Reserve Bank of India, in collaboration with the Indian government, has unveiled a revised framework on currency swap arrangements with South Asian Association for Regional Cooperation (SAARC) countries for the period spanning 2024 to 2027.SAARC...
27 Jun, 2024, 05.19 PM ISTVraj Iron and Steel IPO opens. Should you subscribe to this issue? Considering the Vraj Iron and Steel IPO, investors can explore the opportunity to invest in a company with manufacturing plants in Chhattisgarh, focusing on Sponge Iron production and various steel products. The IPO presents a chance to be part of a...
26 Jun, 2024, 10.40 AM ISTA look inside Corning’s plans for Tamil Nadu facility Gorilla glass maker Corning, a key supplier of Apple, will begin production out of its Tamil Nadu facility in the second half of 2025, vice president and general manager David Velasquez told ET in an exclusive interaction. Velasquez was speaking ahe...
25 Jun, 2024, 06.00 AM ISTBengaluru Airport launches India's first biometric-enabled self-bag drop facility DigiYatra passengers using the self-bag drop at Bengaluru airport can select the 'scan your face biometric for baggage drop' option. They will then be prompted to choose the 'DigiYatra' icon to proceed. The machine will instruct the passenger to loo...
06 Jun, 2024, 02.09 PM IST