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NTPC signs term loan of Rs 5,000 crore with State Bank of India

NTPC has signed a term loan agreement for Rs 5,000 crore with State Bank of India (SBI) on 11th February, 2019. The loan facility is extended at an interest rate

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Dynapac inaugurates its new manufacturing facility in Pune

Dynapac India inaugurated its new state-of-the-art manufacturing facility in Pune for its road construction equipment, by the Fayat Group President and CEO, Jean-Claude Fayat. Dynapac started manufacturing soil compactors in

Heavy Engineering News

Dalmia Bharat Group (Dalmia-OCL) solidifies its expansion in Europe with the acquisition of GSB Group GmbH

Dalmia-OCL, the refractories business of Dalmia Bharat Group, has expanded into Europe with its first-ever international acquisition, of GSB Group GmbH – a German specialty refractory maker and a global

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Doosan Machine Tools exhibits 7 products at IMTEX 2019

Doosan Machine Tools Co participated in IMTEX 2019 and exhibited 3 turning centres, including a high end and best-selling model in the Indian market, as well as 4 machining centres

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50 years of Imtex!

IMTMA celebrates 50 years of Imtex this year. In keeping with the milestone, the organisers have attempted some new ideas this year. For one, there are two additional pavilions focusing

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Study by Schneider Electric reveals tangible benefits for businesses leadING with Digital Transformation

Schneider Electric, the global leader in digital transformation of energy management and automation, today released theGlobal Digital Transformation Benefits Report 2019, presenting concrete evidence of the power of digitization across

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Continental breaks ground for greenfield plant in India for its powertrain business

The technology company Continental celebrated the groundbreaking of its greenfield plant in Talegaon, Pune, dedicated to its powertrain business. Around 30 million euros (INR 240 crores) are planned to be

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AkzoNobel India strengthens its paint portfolio with Dulux Professional

AkzoNobel, a leading global Paints and Coatings company and makers of Dulux Paints in India, introduced two revolutionary products in the Dulux Professional catalogue. Dulux Professional Weathershield TR E2000 and

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Konecranes adopts Internet of Things technology to bridge virtual and real worlds using Siemens’ digital innovation platform

Konecranes, a Finnish company specializing in the manufacture and service of cranes and lifting equipment, has implemented Siemens’ digital innovation platform to accelerate its product development process and connect product

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Siemens enhances system simulation capabilities through partnership with Modelon

Siemens PLM Software and Modelon recently announced a partnership to use Modelon’s OPTIMICA Compiler Toolkit as the default Modelica engine in the latest release of Simcenter Amesim™ software. This partnership