INDIAN NEWS & TIMES

Saturday, September 23, 2017

Volvo Cars, the premium car maker, today further expands its line-up of SUVs with the launch of its new XC40 small premium SUV in Milan, Italy. At the same time as it introduces the XC40, Volvo Cars also reinvents the traditional model of car ownership with its new ‘Care by Volvo’ subscription service. Care by Volvo, first available on the XC40 from launch, makes having a car as transparent, easy [...]

Categories: Industry

The basic metal index gained almost 8% since the start of 2017 that indicated confidence in the fundamental basic metal trends. Confidence in the copper market remains tepid, while the outlook for the aluminum, zinc and nickel markets is brighter. The strong upward trajectory was mainly fuelled by a vigorous recovery in metal end-using sectors and optimism about the rest of the year. Non-ferrous markets have their own regional dynamics [...]

Categories: Industry

Inaugurating the 12thedition of ‘Annapoorna – World of Food India’ at Mumbai, Smt Harsimrat Kaur Badal, Union Minister For Food Processing Industriessaid that food consumption patterns are now being driven by quality, health and convenience and Indian food companies need to upgrade technology to be competitive in the global markets as also focus on ready-to-eat food products. The Union Minister was in Mumbai to inaugurate this major B2B platformfor the [...]

Categories: Industry

In conjunction with the visit to India of the Hon. Minister Plantation Industries and Commodities of Malaysia, Datuk Seri Mah Siew Keong, MPOC and OTAI WZ signed a MoU to further the cooperation between the two organisations to institute and continue to expand co-operation in areas of mutual interest to broadly promote the development and use of Malaysian palm oil and MSPO certified palm oil as a valuable commodity which [...]

Categories: Industry

The 10th edition of Global Skill Summit 2017 will be hosted by Federation of Indian Chambers of Commerce and Industry (FICCI) on September 15, 2017 at FICCI, Federation House, New Delhi. The summit is one of the first skill development global platforms in the country where stakeholders from government, industry and academia converge for sharing of knowledge and best practices. The Global Skill Summit 2017 is expecting over 400 national [...]

Categories: Industry

IFAT India 2017 will be held at the Bombay Convention and Exhibition Center, Goregaon from 26th to 28th September 2017. After successful openings at Hyderabad, Ahmedabad and Delhi, the organizers will be making a final stop at Mumbai on September 8, 2017 for a promotional tour of the trade show to raise awareness about various environmental issues in the region as well as the discuss latest solutions and innovations which [...]

Categories: Industry

Ceremonies to inaugurate the ground-breaking of the JICA-supported “Verification Survey with the Private Sector for Disseminating Japanese Technologies for Gap Resolution of Water Demand/Supply by Plastic Underground Rainwater Storage System” were held at the Chief Minister’s office, Government of Tamil Nadu and the State Ground & Surface Water Resources Data Centre, Public Works Department (PWD) Campus, Chennai on August 24, 2017. Hon’ble Chief Minister of Government of Tamil Nadu, Mr. [...]

Categories: Industry

Avi Networks, the leader in next-gen load balancing and application services, today announced year-over-year bookings growth of 440 percent while tripling the number of customers during the same period. Enterprises are drawn towards Avi Networks future-proof solutions as they look to deploy applications across on-premises and cloud environments using bare metal, virtual machines, and containers. Furthering growth, Avi Networks entered into a strategic reseller agreement with Cisco where the Avi [...]

Categories: Industry

It is heartening to note that Khaleej Times is taking out a special supplement on India on 15th August, India’s Independence Day. It is all about India, its people, economic growth, prevailing conditions, goods that India produce, products that are imported from India and about Indians who are settled in Gulf countries. This is the practice, Khaleej Times is following from many years and I know you get very good [...]

Categories: Industry

All India Sugar Traders Association (AISTA) organizes a three day AISTA Sugar Conclave 2017 between September 1 – 3 at ITC Grand Central, Lower Parel, Mumbai, to deliberate challenges and issues faced by participants of the entire sugar value chain from farmers to traders and sugar mills. Speaking on the inaugural session on Friday, C R Choudhary, Minister for state, Food & Public Distribution, said that the government’s main objective [...]

Categories: Industry

The seminar under the technical cooperation project of Japan International Cooperation Agency (JICA), named “The Assistance Related to Delhi Water Supply Improvement Project” was organized by Delhi Jal Board (DJB) and JICA. The objectives of the seminar were to share the experiences and knowledge of water supply management and to inaugurate the Supervisory Control and Data Acquisition (SCADA) systems in Pitampura Pilot Project area. Esteemed guests included Ms. Nidhi Srivastava, [...]

Categories: Industry

Following a good second quarter 2017, specialty chemicals company LANXESS continues to expect the highest earnings in the company’s history for the current financial year. Global sales of the company increased by almost 30 percent to EUR 2.5 billion, up from EUR 1.9 billion a year earlier. EBITDA pre exceptionals improved by around 25 percent to EUR 367 million, compared with EUR 293 million in the prior-year quarter. This increase [...]

Categories: Industry

Adding a new leaf to the history of India’s commodity markets, Indian Commodity Exchange Limited (ICEX), a screen-based online derivatives exchange for commodities, went live today. ICEX commenced operations with the launch of Diamond Futures, which will be the world’s first derivatives contracts in diamonds. The exchange was formally inaugurated at a function held in Mumbai today. The event was graced by several prominent dignitaries from the diamond industry and [...]

Categories: Industry

Honeywell (NYSE: HON) announced today that TCL Corporation, one of China’s largest manufacturers of appliances and electronics, is using Honeywell’s Solstice® Liquid Blowing Agent(LBA) in its refrigerator insulation to increase energy efficiency and further reduce climate impact. TCL manufactures approximately 2 million refrigerators annually at its world-class appliance industrial manufacturing park in Hefei. Chinese manufacturers produce 70 million refrigerators per year, which is more than half of all refrigerators produced [...]

Categories: Industry

After completing a successful decade of existence, the Renewable Energy India 2017 Expo (REI), hosted by UBM India, India’s leading exhibitions organiser is set to take place from 20th to 22nd September 2017 at the India Expo Center, Greater Noida. A flagship event, REI is the most reputed global platform where India’s green economy community including overseas participants will congregate to discuss industry trends, challenges and market insights including the [...]

Categories: Industry

Union Bank of India today entered into Corporate Agency agreement with two of the India’s premiere General Insurance Companies, Bajaj Allianz & Chola MS for distribution of their Insurance Products. Union Bank of India has always endeavored to provide bouquet of financial products to all its Customers under one roof. In addition to the existing arrangement with The New India Assurance Co., Union Bank of India has tied-up with Bajaj [...]

Categories: Industry

Clearfunds.com, one of India’s fastest growing online investment advisers have emerged as the platform selling the maximum number of Direct Mutual Funds in India. The platform now allows its customers to transact on any direct scheme from 35 of the 38 operational Asset Management Companies in India. The current list of 3,000+ direct mutual funds available on Clearfunds.com covers 99.95% of all mutual fund schemes in India by assets under [...]

Categories: Industry

Jain Irrigation Systems Limited (‘JISL’/’the Company’), the largest MIS company in the country and second largest globally, has announced unaudited standalone and consolidated results for 1th quarter ended June 30, 2017. Key Highlights: During 1QFY18, standalone Hi-tech Agri Input Products revenue increased by 4.8% on yoy basis & on consolidated basis revenue increased by 12.4% EBIDTA increased by ~330 basis points in Agro Processed Products Division to ~15.9% during 1QFY18 [...]

Categories: Industry

The Professional Audio & Lighting Association (PALA) representing the Sound & Lighting Professionals in the 29 States and 7 Union Territories has called for a state wide MUTE DAY on Tuesday 15 August 2017, on the occasion of Independence day & Dahi handi Celebration, to highlight the problems faced due to Misinterpretation of the law; Incorrect Implementation of the ruling dictated by the Supreme Court and Misleading facts presented by a [...]

Categories: Industry

Universal Robots, were showcased their products in the 12th Edition of Automation Expo through their channel partners Alstrut India Pvt. Ltd., Precimac Solutions and Rajdeep Automation Pvt, Ltd. The Expo was held at the Bombay Convention and Exhibition Centre, Goregaon from August 9 – 12, 2017. Universal Robots are the leading manufacturers of advanced user-friendly and light industrial robotic arms from Denmark. Their latest technological advancement in collaborative robots or ‘Co-bots’ was [...]

Categories: Industry