Bosch SDS, Dassault Systèmes collaborate to advance AI-led manufacturing in India
Bosch Software and Digital Solutions (Bosch SDS) and Dassault Systèmes today announced a collaboration in India to help manufacturing enterprises accelerate digital transformation across product engineering, manufacturing operations and industrial value chains. The collaboration brings together...
Adani-IHC expand Odisha investment plans to $25bn across 14 projects
Abu Dhabi-based International Holding Company (IHC) and India’s Adani Group have expanded their investment plans in Odisha, outlining INR 2.105 trillion (USD 25 billion) of potential investment across 14 projects spanning metals, critical minerals, energy, chemicals and infrastructure. The...
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Hyderabad goes green: IGBC-rated buildings feature aluminium structures
<p>Hyderabad, India's IT hub has many firsts to its credit. The city, headquarter to some of the biggest multinational companies of the world, once again brought home the bacon recently by becoming India's first 'green' city. Today, a majority of all construction projects here are filled with...
Indian aluminium industry re-aligns its focus on downstream manufacturing
<p>Indian aluminium industry is finally aligning itself with the global trend of downstream integration. For the 4.129 million tpy-capacity primary aluminium industry which happens to be blessed with the proximity to one of the world’s richest bauxite reserves- the principle ore for aluminium...
India major aluminium scrap prices down in line with aluminium futures
<p>India major aluminium scrap commodities prices declined on Tuesday in line with aluminium futures prices at Multi Commodity Exchange tracking LME Three-month aluminium which closed down 0.6 percent at $1,625 as recent US data suggests tepid economic growth, slowing manufacturing activity and...
Prospect for Indian automotive aluminium die-casters to recover from 2016-17
<p>Auto-casting manufacturers in India have ended 2015-16 fiscal on a weak note. Monsoon was below average which slowed down demand from rural areas inhibiting offtake by domestic two-wheeler and tractor manufacturers. The cascade effect was reflected in decline in sales in these two segments as...
Panasonic launches ELUGA Arc2 featuring body with aircraft grade aluminium alloy
<p>Panasonic India has unveiled its ELUGA Arc2 smartphone model featuring dual 2.5D curved Asahi DragonTrail glass and aluminium body at a disruptive price point of INR 12,290.<br /><br />The device comes with 7.6mm thin metal design with aircraft grade aluminium alloy using CNC technology. The use...
Vedanta Production Release for Q1 2016 reports a number of positives for the aluminium business
<p>Vedanta Resources Plc. releases the production report for the First Quarter ended 30 June 2016. Highlights from the aluminium section point towards a number of positives despite the volatile market and raw material insecurity, the company has been struggling with.<br /><br /><strong>Operation...
India major aluminium scrap prices show flat trend; aluminium futures down
<p>India major aluminium scrap commodities prices showed a flat trend on Wednesday, while aluminium futures prices at Multi Commodity Exchange ended down in the line of expectation tracking weakness from LME Aluminium which sank to its lowest in six weeks in yesterday's...
OMC and Vedanta Resources team up to secure bauxite mining rights in Niyamgiri Hills
<p>Odisha Mining Corporation (OMC) and Vedanta Resources have teamed up to find a headway together in the Niyamgiri bauxite mining issue which has long been the centre of a multi-faceted problem involving the state, the mining conglomerate, and major political parties at the Centre. <br /><br />OMC...
Vedanta Ltd basks in robust Q1 profit margin
<p>Vedanta Limited (formerly known as Sesa Sterlite Ltd) today announced its unaudited consolidated results under Ind AS for the first quarter (Q1) ended 30 June 2016. The total Q1 revenues totalled at INR 14,364 crore, net profit amounted to INR 3,543 crore with strong margin of 32 per cent, and...
Nalco to set up second aluminium smelter and power complex at Angul
<p>State-owned aluminium producer National Aluminium Company (Nalco) is inching towards setting up its long-awaited second aluminium smelter and power complex in Odisha within the premises of its present plant at Angul at a total cost of INR 14,000 crore.<br /><br />Earlier, Nalco had identified...
Balco Korba sheet rolling shop resumes operations
<p>Vedanta owned Bharat Aluminium Company Limited (Balco) has resumed sheet rolling operations at its Korba facility in Chhattisgarh, India. This marks the metal major's comeback in the rolling aluminium products business that was held up about a year ago.<br /><br />Last year, August, Balco's...
Building system automation to drive global aluminium market for building and construction
<p>According to Technavio’s recently published market report, the global aluminium market for building and construction sector is slated to grow at a CAGR of 6.31 per cent during the period 2016-2020.<br /><br />Analysts have segmented the worldwide aluminium market for building and...
MCX aluminium reverses from a key hurdle
<p>The aluminium futures contract traded on the Multi Commodity Exchange (MCX) plunged 3.6 per cent to close at INR 107.4 a kg last week.<br /><br />Significant resistance at around INR 111 which is also 50 per cent Fibonacci retracement level of the prior downtrend has been limiting the...
Indian tech startup's new Able 10 tablet comes with a keyboard made from aluminium
<p>Indian tech startup Notion Ink has launched their latest offering the Able 10, a successor to the Cain tablet, with an upgraded keyboard built out of aluminium. <br /><br />The electronic devices segment has been experiencing a continued decline in shipments over the last few quarters, the world...
Racing car with aluminium alloy chassis built by IIT KGP students to compete in Russia
<p>A team of undergraduate students from one of India's premiere tech schools, the Indian Institute of Technology (IIT) - Kharagpur, has designed their fourth Formula 1 racing car prototype with chassis made from aluminium alloys. The new racing car ‘K-3′ will compete in the Formula...
India major aluminium scrap prices remain stable; MCX aluminium slightly up
<p>India major aluminium scrap commodities prices remained stable on Friday, while aluminium futures prices at Multi Commodity Exchange settled up as industrial consumers took advantage of recent declines to make purchases.<br /><br />The major aluminium scrap commodities showed a flat trend during...
India gets her biggest 3D signboard made from aluminium and steel frames
<p>Bucket Design, an industrial design firm based in Pune, India, has come up with a gigantic three-dimensional signboard installation at Almatti Dam in Karnataka. The signboard, the biggest of its kind- made out of steel frames and aluminium panels, has made it to the Limca Book of Records this...
Vedanta limited and Cairn India announce revised terms for merger
<p>The Boards of Vedanta Limited, Cairn India Limited and Vedanta Resources announced the revised and final terms of the merger between Vedanta Limited and Cairn India as announced on 15 June 2015.</p> <p><img style="vertical-align: middle;"...
