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Q3 FY24 results: Kennametal India sees 5.1 per cent growth in sales and 135 per cent increase in Profit Before Tax

Q3 FY24 results: Kennametal India sees 5.1 per cent growth in sales and 135 per cent increase in Profit Before Tax

Published : 17, May 2024

The sales acceleration is attributed to growth in the domestic market in both the hard metals and machine tools segments, while the increase in PBT primarily resulted from revenue growth,...

WIDMA introduces horizontal machining centre

WIDMA introduces horizontal machining centre

Published : 17, May 2024

The MacHX800 is designed specifically to machine complex large components and deliver productivity in the most demanding conditions, including incredible accuracy and precision to optimise...

JSW Group's B2B e-commerce arm touches the GMV target rate of US $1 billion in FY24

JSW Group's B2B e-commerce arm touches the GMV target rate of US $1 billion in FY24

Published : 17, May 2024

The company intends to continue to scale up and maintain high growth rates while building on allied categories. JSW One is revolutionising B2B e-commerce, with over 70 per cent of repeat...

Igus to launch 247 new products with zero lubrication at Hannover Messe 2024

Igus to launch 247 new products with zero lubrication at Hannover Messe 2024

Published : 17, May 2024

Igus offers a further three product series of high-load plain bearings for construction machinery, cranes and agricultural machinery, all of which have been tested and proven in practice....

Leveraging AI & ML in enhancing customer experience in NBFC in India

Leveraging AI & ML in enhancing customer experience in NBFC in India

Published : 17, May 2024

The article delves into the ubiquitous role artificial intelligence (AI) and machine learning (ML) algorithms play in positively shaping the customer experience and the operations of...

Igus honours the most spectacular energy chain applications winners

Igus honours the most spectacular energy chain applications winners

Published : 17, May 2024

According to the engineers, the energy chains fulfil this important task reliably even at an altitude of 2,670 metres and when exposed to high ozone levels. The independent jury of...

AJAX Engineering becomes first Indian manufacturer to export slip-form pavers to Russia

AJAX Engineering becomes first Indian manufacturer to export slip-form pavers to Russia

Published : 16, May 2024

With the export of the slip-form paver to global markets, spanning across Russia and Africa, AJAX is setting a remarkable precedent for India’s innovation and excellence in the global...

69 per cent of businesses focus on using AI to spur innovation and increase revenue: TCS Global AI Study

69 per cent of businesses focus on using AI to spur innovation and increase revenue: TCS Global AI Study

Published : 16, May 2024

The ‘TCS AI for Business Study’, a comprehensive report on the state of AI adoption and its impact on businesses, also finds that 69 per cent of businesses are more focused on using...

Atul Pai is the new Managing Director of Honeywell Automation India

Atul Pai is the new Managing Director of Honeywell Automation India

Published : 16, May 2024

Pai spent eight years serving as Global CFO for Honeywell Building Solution and served as Operations Controller for Honeywell. He has been a Member of the HAIL Board of Directors since...

TVS Motor Company opens a new branch office in Italy

TVS Motor Company opens a new branch office in Italy

Published : 16, May 2024

The company will introduce a selection of its advanced, high-quality thermal and electric scooters and motorcycles. TVS Motor, ranked as the world’s fourth-largest two- and three-wheeler...