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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No mining block from Odisha makes it to the July auction list
None of the Odisha mining blocks has made it to the final list of blocks that would be auctioned in July. The Union Ministry of mines has come up with a list of 31 blocks, the auction process for which has already been initiated by different state governments. There are five blocks in Andhra...
Price rise of commodities such as aluminium likely to affect profitability of Indian auto part makers
Automobile parts makers will face the heat of rising commodity prices in the coming quarters. After all, in the last six months, steel prices, the key input for most auto components, rose by about 36 per cent. Aluminium and copper prices too gained across major global markets. All this means higher...
Spectre 13 laptop: HP's aluminium and carbon fibre creation
Gearing up for the race of the slimmest and highest-performing laptop, HP's luxurious Spectre 13.3 will take the Indian consumer by surprise. At just 10.4 mm, the feather-weight 33 cm (13") diagonal laptop is touted as the world's thinnest and it weighs just about 1.1 kilograms, thanks to its...
Govt of India may further raise trade barrier on import of aluminium
Import of aluminium will likely get tougher in India soon. According to the industry sources, Government of India is mulling over the proposition to further raise trade barriers on import of a number of industrial metals including aluminium. As per reports, investigations are going on to impose...
Gayatri Projects eyes underground coal mining services
Gayatri Projects is seeking to offer mining services for underground coal mines of Coal India Ltd and other companies. The Hyderabad-based diversified infrastructure company, which is into construction, infrastructure and power segments, has entered into a partnership with China Coal Overseas...
Nalco, MIDHANI plan to set up lithium-aluminium alloy plant
India's state-owned aluminium maker National Aluminium Company (Nalco) and the Defence Ministry's Mishra Dhatu Nigam Ltd (MIDHANI) are in talks to set up an aluminium-lithium alloy plant. Lithium is the hottest metal today, with its demand underlined by the Space X and Tesla ventures of maverick...
MCX aluminium resumes short-term uptrend
Since recording a multi-year low at INR 93 per kg in October 2015, the aluminium futures contract traded on the Multi Commodity Exchange (MCX) has been on an intermediate-term uptrend. However, the key resistance at INR 111 which is also 50 per cent Fibonacci retracement level of the prior...
Hazardous aluminium waste can be converted into fuel-grade carbon
Nagpur-based JNARDDC develops detoxifying process that destroys 98 per cent of cyanide from the aluminium waste and converts it into Carbon that can be used in place of coal. Dealing with hazardous waste, especially destroying cyanide contents from Spent Pot Lining (SPL), was a cause of concern for...
April IIP down at -0.8% but aluminium wires & extrusions clocks high growth at 26.4%
Indian Industrial production numbers released recently turned out to be a disappointment. In terms of industries, nine out of the twenty two industry groups in the manufacturing sector registered negative growth in April 2016 compared to April 2015. The sectors which bucked the trend and clocked...
Metro rakes with interiors featuring anodized aluminium panels commissioned in Kolkata, India
The first rehabilitated NGEF rake has been put into commercial service from Dum Dum Metro station in Kolkata, India after inauguration of the same by Suresh Prabhakar Prabhu, minister for railways from Howrah station. A total of seven old NGEF rakes have been planned for rehabilitation. The ‘AC...
India considers safeguard duty for aluminium products
Indian government is considering to impose an anti-dumping duty or a safeguard duty on aluminium products . The Indian aluminium industry has been lobbying to the commerce ministry for benefits similar to those imposed for the steel industry in the country to check cheap imports in the sector. The...
Indian Railways installs aluminium can/bottle recycling machine at a Mumbai station
Indian Railways is finally going green. Giving a major boost to PM Narendra Modi’s ‘Swachh Bharat’ scheme, Indian Railways has put up a ‘Swachh Bharat Recycle Machine’, which is a bottle/aluminium can recycling machine at the Churchgate railway station in Mumbai. With this initiative used plastic...
Novelis appoints Devinder Ahuja as SVP and CFO
Novelis, Inc., the world leader in aluminium rolling and recycling, today announced the appointment of Devinder Ahuja as Senior Vice President, Chief Financial Officer. Ahuja will join Novelis on July 19, 2016, as Senior Vice President, Finance, and Chief Financial Officer Designate. He will...
Sagar Asia enters into an asset purchase areement with Golkonda Aluminium
Sagar Asia Private Limited has entered into an asset purchase agreement with Golkonda Aluminium Extrusion Limited to purchase certain assets from Golkonda Aluminium located in Hyderabad. In a journey of over three decades, Sagar Asia has attained leadership in the Indian market as a manufacturer of...
Aluminium up by 1% on global cues
Aluminium prices edged up by INR 1.10 to INR 107.20 per kg in futures trade on Thursday, June 9, as participants enlarged their positions, supported by a strong spot demand in the physical market. In futures trading at the Multi Commodity Exchange, Mumbai, aluminium for delivery this month inched...
Goa Carbon reports 19,976.600 MT of Calcined Petroleum Coke production for May
Goa Carbon has reported production of 19,976.600 MT (million tonnes) of Calcined Petroleum Coke for the month of May 2016. Of the total production achieved for the month, Bilaspur plant produced 2,164.100 MT of Calcined Petroleum Coke, Goa plant produced 6,221.500 MT of Calcined Petroleum Coke...
Centre looking to set up satellite port in Goa
The Centre in a joint venture with the Goa government is planning to have a satellite port, about 35 kms from Mormugao Port Trust, Union Shipping Minister Nitin Gadkari said yesterday. "The Centre in a joint venture with the Goa government is planning to have a satellite port which will be 35...
Aluminium futures up 0.48 pc on overseas cues
Aluminium prices edged up by 0.48 per cent to Rs 103.85 per kg in futures trade today as participants widened positions amid a firming trend overseas. Strong demand in the spot market also influenced metal prices. At the Multi Commodity Exchange, aluminium for delivery this month inched up 50 paise...
