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ABB India and Witt India Partners To Enhance safety and operational efficiency

ABB India and Witt India Partners To Enhance safety and operational efficiency

19 June 2024

On June 19, 2024, ABB India and Witt India announced their partnership to improve safety and efficiency in significant infrastructure projects. Together, they provide cutting-edge tunnel ventilation systems that set new industry standards. Advanced Technology for Enhanced Safety ABB India’s advanced smoke extraction motors enhance safety and reliability within India’s necessary road tunnels. These motors …

Datamatics Secures Patent for Document Processing Software, TruCap+

Datamatics Secures Patent for Document Processing Software, TruCap+

19 June 2024

Datamatics, a leading global provider of digital technologies, operations, and experiences, has secured a patent for its innovative Intelligent Document Processing (IDP) software, TruCap+. This patent, titled “System and Method of Automated Document Processing for Structured, Semi-Structured and Unstructured Documents,” recognises the groundbreaking technology behind TruCap+ and its ability to automate data extraction from a …

Valiant Secures ONGC with Advanced Cyber Security Solutions

Valiant Secures ONGC with Advanced Cyber Security Solutions

19 June 2024

Valiant Communications Limited has received an order to provide its advanced cybersecurity solutions to the Oil & Natural Gas Corporation (ONGC), owned by the Indian government. ONGC, India’s largest crude oil and natural gas producer, is crucial to the country’s essential infrastructure. Therefore, it is necessary to protect ONGC’s digital assets from cyber threats, network …

Strategic Partnership between Hubject and Exicom Aims to Fuel Further Growth in India’s Booming EV Market

Strategic Partnership between Hubject and Exicom Aims to Fuel Further Growth in India’s Booming EV Market

19 June 2024

Hubject, the leading player in EV Interoperability, has forged a strategic partnership with Exicom, India’s largest EV charger manufacturer and a trusted partner for global automobile leaders, charge point operators, and other ecosystem players. The collaboration aims to enhance the EV charging experience in India through Hubject’s innovative interoperability technology, particularly its interchange platform. This …

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

19 June 2024

During Wednesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Tera Software Ltd Tera Software Ltd hit a high of Rs 96.64 today with a traded volume of 32.03 lakhs, currently trading at Rs 93.2. The previous close was Rs 81.52, marking a …

These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

19 June 2024

The benchmark index S&P BSE 500 opened today at 35,394.82 and made its day high at 35,399.34, and it is trading in red today, down by more than 0.40%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Delta Corp Ltd …

Coal India New Initiative: Reviving Abandoned Mines

Coal India New Initiative: Reviving Abandoned Mines

19 June 2024

In an innovative move, CIL has decided to tap into the latent coal reserves of 23 closed and discontinued underground mines by awarding them to successful bidders from the private sector. This initiative follows a revenue-sharing model, where the cumulative peak rated capacity is 34.14 million tonnes per year (MT/Y), and the total extractable reserves …

ABB India’s IEC LV Motors save over 500 GWh of energy across Indian industries

ABB India’s IEC LV Motors save over 500 GWh of energy across Indian industries

18 June 2024

On June 18, 2024, ABB India announced significant energy savings achieved through its IEC LV Motors across Indian industries. Over the past five years, ABB India’s installed base of LV Motors has saved approximately 500 gigawatt-hours (GWh) of energy annually. This amount of energy savings is equivalent to the annual energy consumption of Sikkim, a …

Piramal Finance Surpasses ₹50,000 Crore in Retail Loans

Piramal Finance Surpasses ₹50,000 Crore in Retail Loans

18 June 2024

On June 18, 2024, Piramal Capital & Housing Finance Ltd, a major financial services company and a subsidiary of Piramal Enterprises Limited, announced that it had crossed the milestone of ₹50,000 crore in assets under management (AUM) for retail loans. Piramal Finance operates under the Piramal Finance brand. It has developed a range of financial …

DoT Announces Initiatives to Propel India’s Telecom Leadership

DoT Announces Initiatives to Propel India’s Telecom Leadership

18 June 2024

The Department of Telecommunications (DoT) has taken a significant step towards “Jai Anusandhan” (meaning “National Innovation”) by announcing two crucial calls for proposals. These initiatives aim to accelerate innovation and technological advancements within the Indian telecommunications sector. Fostering a Culture of Innovation These proposals categorised as “5G Intelligent Village” and “Quantum Encryption Algorithm,” aim to …

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