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L&T sets world record in tunnel boring
Larsen & Toubro, an Indian multinational engaged in EPC projects, hi-tech manufacturing and services, announced that their 12.19 m dia Slurry TBM (tunnel boring machine), named ‘Mavala’, had achieved a world record for monthly lengths by excavating 456.72 m at the prestigious Mumbai coastal road project, Package 4
L&T sets a world record in tunnel boring for Mumbai coastal road project
TBM ‘Mavala’ completes 456.72 m in a single month
RBI supersedes board of Srei Infra and Srei Equipment Finance
The Reserve Bank of India on October 4 superseded the Board of Directors of Srei Infra and Srei Equipment Finance Limited, owing to governance concerns and defaults by SREI Group Companies.
RBI supersedes board of Srei Infra and Srei Equipment Finance
The central bank of India has appointed Rajneesh Sharma, the former Chief General Manager at Bank of Baroda, as administrator.
iQuippo launches upgraded financial portal
iQuippo, India?s first digital marketplace for infrastructure equipment, launched its upgraded financing portal (www.iquippo.com) and became the first digital platform in the country to digitise the co-lending programmes of banks and NBFCs.
iQuippo organises Paison Ki Nilami
Commenting on this occasion, Anant Raj Kanoria, CEO, iQuippo, said, ?We have noticed that in the market customers always want to negotiate pricing and interest rates and we through our platform want to digitise and make this process transparent
Srei Equipment Finance and Bank of Baroda in strategic alliance
Srei Equipment Finance (SEFL), a wholly-owned subsidiary of Srei Infrastructure Finance (Srei), and Bank of Baroda, India?s second largest public sector bank, announced a strategic alliance to offer joint loans for infrastructure equipment under a co-lending arrangement.
Empowering Customers with Organised Approach
Two decades ago, India opened its doors for multinational automobile companies allowing them to penetrate the market, modernise the Indian transportation picture and make it beneficial for the end-users.
Omron Automation expands presence in western India
Following its regional expansion strategy for this fiscal year, Omron Automation India, part of Omron Japan announced the opening of its new office in Ahmedabad. Sameer Gandhi, MD, Omron Automation India said, ?The move indicates the importance of Gujarat in Omron?s business strategy.
Off-highway radiators
Banco Products (India) specialises in the manufacture of engine cooling systems. The company manufactures brazed aluminium and copper brass radiators with various bespoke core and fin-tube configurations, charge air coolers, oil coolers, and engine cooling assemblies. Banco caters to the need of OEMs like Cummins, Mahindraand TAFE, in India.
Fit-to-Application Policy
From a turnover of $2 billion in 2011-12, Apollo Tyres is moving forward with a target of $6 billion by 2016. Apollo has a strong range of OTR tyres with products in both small and the large OTR segment.