2021
05 Mar
Champion industry, aluminium, looks for 5% RoDTEP rate to boost exports

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 The Ministry of Finance announced implementation of RoDTEP Scheme and extending benefit to all export goods with effect from April 1, 2021. This announcement is…

2021
05 Mar
GM in talks to build second U.S. battery plant with LG Chem in Tennessee

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General Motors Co said on Thursday it is considering building a second battery factory in the United States with South Korean joint-venture partner LG Chem Ltd.

T…

2021
05 Mar
Atlanta Gear Works Expands Engineering Department

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Atlanta Gear Works has grown its engineering department by hiring mechanical engineer John B. Conway, BME, MBA, MSF. Conway is the third generation of the Conway family to work for the c…

2021
04 Mar
Steel exports to remain low due to rising domestic demand: Ind-Ra

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 Steel exports from India are likely to remain low over the balance of fourth quarter (4Q FY21) due to continuing strong domestic demand and robust realisations, India Ratings …

2021
04 Mar
ABB Urges Electric Motor Adoption

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In a new whitepaper, ABB reveals the potential for significant energy efficiency improvements in industry and infrastructure enabled by the latest and most high-efficiency motors and var…

2021
04 Mar
Timken to Participate in the BofA Global Research Global Industrials Conference

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The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, will present at the BofA Global Research Global Industrials Co…

2021
04 Mar
NSK Cooperation with Volkswagen Shows First Success for Steering Development

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In June 2019, NSK Ltd. and Volkswagen AG have announced a formal cooperation agreement between the companies' steering division with the aim to further increase the power of innovati…

2021
04 Mar
NSK Completes Acquisition of Brüel & Kjær Vibro

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NSK Ltd. has completed the acquisition of the global condition monitoring system (CMS) business known as Brüel & Kjær Vibro (B&K Vibro) from Spectris Plc., in line with th…

2021
03 Mar
Bosch Rexroth and DWFritz Automation Host Factory of the Future Webinar

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Experts from both companies will come together to discuss how they implemented a concurrent design/build project for a complex, high speed “factory of the future” automated assembly …

2021
03 Mar
Gadkari asks auto industry to start producing flex engines

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Union Minister for Road Transport and Highways Nitin Gadkari has asked the delegates of the Society of Indian Automobile Manufacturers (SIAM) to start producing flex engin…

2021
03 Mar
ABB urges for greater adoption of high-efficiency motors and drives to combat climate change

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Power and automation technology major ABB on Tuesday urged the industry and government for greater adoption of high-efficiency motors and other technologies to combat…

2021
03 Mar
Jaguar I-Pace launch postponed to March 23

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Jaguar Land Rover on Tuesday announced that the I-Pace will hit the Indian market on March 23. Jaguar I-Pace made its global debut back in 2018.

Expecte…

2021
03 Mar
Employee's union call off strike at Toyota Kirloskar Motor plant

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Automobile major Toyota Kirloskar Motor on Tuesday confirmed that TKM Employee's Union has officially called off the ongoing labour strike at its factory in …

2021
02 Mar
Mahindra total sales dip over 11 per cent in February

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Mahindra & Mahindra (M&M) on Monday reported an 11.38 per cent decline in total sales at 28,777 units in February.

The company had sold 32,476 units in February 2020, M&…

2021
02 Mar
Nissan Motor India reports wholesales at 4,244 units in February

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Nissan Motor India on Monday reported an over four-fold rise in wholesales at 4,244 units in February over the same month last year, on the back of newly launched compact SUV M…

2021
02 Mar
Audi names Rittersberger as new CFO

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German luxury carmaker Audi on Monday appointed Jürgen Rittersberger as the next chief financial officer, replacing Arno Antlitz who is moving to become group CFO at…

2021
02 Mar
From U.S. domination to energy transition, two years that changed oil

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Former U.S. Secretary of State Mike Pompeo took the stage at the world's largest energy conference in 2019 to declare an age of U.S. dominance after a decade of rapid shale developme…

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