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KABIL Partners with CSIR-NGRI for Geophysical Collaboration in Critical Mineral Exploration

Khanij Bidesh India Limited (KABIL) has formalized a Memorandum of Understanding (MoU) with the Council of Scientific and Industrial Research – National Geophysical Research Institute (CSIR-NGRI) to strengthen collaboration in geophysical investigations. This partnership aims to enhance ongoing projects and activities related to critical and strategic minerals.

The MoU was signed by Shri Sadashiv Samantaray, Director (Commercial) of NALCO & CEO of KABIL, and Dr. Prakash Kumar, Director of CSIR-NGRI, in the presence of Shri Sridhar Patra, CMD of NALCO & Chairman of KABIL, at the NALCO Corporate Office in Bhubaneswar. The collaboration will primarily focus on conducting Geophysical, Geochemical, and Geological surveys, as well as data analysis, interpretation, and modeling. Additionally, it will facilitate scientific knowledge sharing, technical support, and advisory services.

Shri Sridhar Patra, CMD of NALCO & Chairman of KABIL, emphasized that this collaboration will drive innovation and provide actionable insights for ongoing KABIL projects.

KABIL is a joint venture company comprising three Indian public sector undertakings – National Aluminium Company Limited (NALCO), Hindustan Copper Limited (HCL), and Mineral Exploration and Consultancy Limited (MECL), operating under the Ministry of Mines, Government of India.

Also Read | DRDO Hands Over Indigenous Leading Edge Actuators and Airbrake Control Modules to HAL

DRDO Hands Over Indigenous Leading Edge Actuators and Airbrake Control Modules to HAL

The Aeronautical Development Agency (ADA), under the Defence Research and Development Organisation (DRDO), has achieved a major milestone by delivering the first batch of indigenous Leading Edge Actuators and Airbrake Control Modules to Hindustan Aeronautics Limited (HAL). This significant step signifies a leap towards self-reliance in aeronautical technologies.

The HAL facility in Lucknow has made necessary arrangements for the production of these units, aligning with the current order for 83 LCA Tejas Mk1A aircraft.

The Secondary Flight Control system of LCA-Tejas, which includes Leading Edge Slats and Airbrakes, now features state-of-the-art Servo-Valve based electro-hydraulic servo actuators and control modules. These advanced components, characterized by meticulous design, precision manufacturing, assembly, and testing, represent the culmination of ADA’s efforts in indigenous technological advancement.

In collaboration with Research Centre Imarat (RCI) in Hyderabad and the Central Manufacturing Technology Institute (CMTI) in Bengaluru, ADA aims to achieve self-reliance in these critical technologies. The successful completion of flight trials for Leading Edge Actuators and Airbrake Control Modules has paved the way for production clearance, enabling HAL to equip the Mk-1A variant of LCA Tejas.

The production of these vital components is currently underway at the Accessories Division of HAL in Lucknow, marking a significant stride in enhancing India’s aerospace manufacturing capabilities. Contributions from both public and private industries, including Godrej Aerospace in Mumbai, along with certification agencies such as CEMILAC and DGAQA, have played a pivotal role in this endeavor.

Secretary of the Department of Defence R&D and Chairman of DRDO and DG-ADA, extended congratulations to the entire team involved, including ADA, RCI, HAL, CMTI, and all participating industries, for achieving this significant milestone.

Also Read | Ministry of Heavy Industries Receives Seven Bids for Advanced Chemistry Cell Manufacturing Facilities

Ministry of Heavy Industries Receives Seven Bids for Advanced Chemistry Cell Manufacturing Facilities

New Delhi, April 23, 2024: The Ministry of Heavy Industries (MHI) has garnered significant interest from industry players, with seven bids received under the global tender for the re-bidding of Production Linked Incentives (PLI) for Advanced Chemistry Cell (ACC) manufacturing. This initiative, announced on January 24, 2024, aims to establish giga-scale ACC manufacturing facilities with a cumulative capacity of 10 GWh under the PLI ACC scheme.

The response to the scheme has exceeded expectations, with the number of bids received being seven times the manufacturing capacity to be awarded.

The PLI ACC Scheme seeks to promote the manufacturing of technology-agnostic Advanced Chemistry Cells in India.

The pre-bid meeting for the tender was convened on February 12, 2024. Subsequently, the Ministry received applications until April 22, 2024, through the CPP portal. The Technical Bids were opened on April 23, 2024.

The list of bidders (in alphabetical order) who have submitted bids for the Advanced Chemistry Cell (ACC) manufacturing includes:

  • ACME Cleantech Solutions Private Limited
  • Amara Raja Advanced Cell Technologies Private Limited
  • Anvi Power Industries Private Limited
  • JSW Neo Energy Limited
  • Reliance Industries Limited
  • Lucas TVS Limited
  • Waaree Energies Limited

These bidders have collectively proposed a cumulative capacity of 70 GWh.

In May 2021, the Cabinet approved the technology-agnostic PLI Scheme under the ‘National Programme on Advanced Chemistry Cell (ACC) Battery Storage’, aiming for a manufacturing capacity of Fifty (50) GWh of ACC, with an outlay of Rs.18,100 Crore.

The first round of the ACC PLI bidding concluded in March 2022, allocating a total capacity of Thirty (30) GWh to three beneficiary firms. Program agreements with the selected beneficiary firms were signed in July 2022.

About the ACC PLI

The Government of India, through the Ministry of Heavy Industries, released a Request for Proposal (RfP) on January 24, 2024, for shortlisting and selecting bidders under the PLI Scheme ‘National Programme on Advanced Chemistry Cell (ACC) Battery Storage’. The objective is to establish ACC Manufacturing Units with a total manufacturing capacity of 10 GWh, with a maximum budgetary outlay of Rs. 3,620 crore.

Also Read | ABB India launches two energy-efficient motor ranges for sustainable industrial growth

Levi’s Unveils India’s Largest Mall Store in Bengaluru at Nexus Mall

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Levi’s®, the iconic denim and lifestyle brand, has introduced its newest store at Nexus Mall in Bengaluru, marking its largest mall store in the country. Situated in the culturally rich area of Koramangala, the store aims to elevate the denim shopping experience for enthusiasts in Bengaluru, reflecting the brand’s commitment to expansion and direct-to-consumer initiatives in India.

Enhanced Shopping Experience

Spanning an impressive 6,000 square feet, the new Levi’s® store in Nexus Mall Koramangala is designed in the brand’s cutting-edge NextGen Indigo store format. With deep indigo walls, intuitive product layout, and lounge space, the store offers a sophisticated shopping environment. It represents an evolution of the brand’s larger Icon store format, providing an extensive range for both men and women.

Diverse Product Assortment

The store boasts an unparalleled product assortment, featuring classic Levi’s® offerings like the 501® and Trucker Jacket alongside the latest denim lifestyle collections. For women, the store introduces new fits across flare, straight, and loose styles, complemented by trendy tops and denim options. Men can explore advanced stretch denim for all-day comfort, along with an expanded range of loose jeans and versatile apparel options.

Tailor Shop Experience

A highlight of the store is the iconic Levi’s® Tailor Shop, offering a range of personalization services. Customers can customize their favorite Levi’s® pieces through alteration, restoration, embroidery, patchworks, and more, reflecting their unique style and expression.

Expansion Strategy

The opening of the Nexus Mall store underscores Levi’s® momentum in expanding its presence across India. It joins other prominent stores in Bengaluru, including the Brigade Road store – the largest in Asia – and the store on 100ft Road Indiranagar. This expansion aligns with Levi’s® direct-to-consumer strategy, offering immersive experiences for customers to engage with the brand.

About Levi’s®

The Levi’s® brand is synonymous with classic American style and effortless cool. Since 1873, Levi’s® jeans have captured the imagination of generations worldwide, evolving through pioneering and innovative spirit. Levi’s® products are available in over 110 countries, allowing individuals to express their personal style.

About Levi Strauss & Co.

Levi Strauss & Co. is a global leader in denim and apparel, offering products under various brands like Levi’s®, Dockers®, Levi Strauss Signature™, and Beyond Yoga®. With a presence in over 110 countries, Levi Strauss & Co. reported net revenues of $6.2 billion in 2023.

For more information, visit levi.com.

Also Read | Hengst Filtration opens its cutting-edge Facility in Bengaluru

Tamil Nadu to house the proposed Jaguar Land Rover (JLR) EV manufacturing plant

Tata’s upcoming manufacturing unit in TN will make EVs

Tata Motors – India’s leading automobile company, is establishing a manufacturing hub in Tamil Nadu to make electric vehicles. The proposed plant, which is expected to be located in Ranipet, will likely have a minimum capacity of 200,000 units. Tata Motors’ memorandum of understanding (MoU) with the Tamil Nadu government entails an investment of Rs 9000 crore in the region. The new plant is expected to focus on making Jaguar Land Rover (JLR) electric vehicles and could usher in a new era of electric vehicle production for the company.

JLR and Tata Motors EVs will be made in the new unit

Reports suggest that the initial focus will be on EMA architecture-based electric vehicles, catering to both Jaguar Land Rover and Tata Motors. This capacity is envisioned to expand progressively, reflecting the growing demand for electric mobility solutions. Distribution plans indicate that approximately two-thirds of the output will serve Jaguar Land Rover, predominantly targeting overseas markets, while the remainder will be allocated to Tata Motors.

India-made EVs will be exported to the UK

This strategic move towards establishing India as a pivotal manufacturing base coincides with the advancing India-UK Free Trade Agreement negotiations, positioning the forthcoming plant as a cornerstone for automotive trade between the two nations.

Production of JLR’s ICE models will be shifted to India

Furthermore, there are indications that Tata Group is considering relocating some internal combustion engine (ICE) model production of Jaguar Land Rover to India. This move arises from the evolving regulatory landscape in the EU and UK, which underscores the imperative to mitigate carbon emissions. Potential manufacturing sites being evaluated include Pune, Sanand, and the upcoming facility in Tamil Nadu.

Tatas to spend 1.5 lakh crores to transform JLR into an all-electric brand

Notably, Tata Group has pledged a substantial investment of Rs 1.5 lakh crore in Jaguar Land Rover over the next decade, strategically focusing on transitioning Jaguar into an all-electric brand by 2026. Meanwhile, a significant portion of the Land Rover portfolio is slated for electrification, aligning with evolving consumer preferences and regulatory mandates.

The momentum towards electric mobility is underscored by Jaguar Land Rover’s record-breaking retail sales, demonstrating sustained growth and market demand. Furthermore, recent revelations hint at a prospective multi-billion-pound investment project, slated to encompass four models each from Tata Motors and Jaguar Land Rover, with an estimated volume of 300,000 units. This ambitious endeavor is primarily geared towards exports, with a limited allocation earmarked for the domestic market in India.

In essence, Tata Motors’ foray into electric vehicle production, and Jaguar Land Rover’s strategic realignment, underscores the company’s commitment to innovation and positions India as a key player in the global automotive innovation landscape.

JLR licenses its cutting-edge EMA to Tata Motors

In November, Tata Passenger Electric Mobility Ltd, the electric vehicle subsidiary of Tata Motors, and Jaguar Land Rover formalized a significant partnership by signing a Memorandum of Understanding (MoU). This agreement entails licensing Jaguar Land Rover’s cutting-edge Electrified Modular Architecture (EMA) platform to Tata Motors, facilitating the development of Tata’s forthcoming electric vehicle lineup. Under this arrangement, Tata Motors gains access to JLR’s comprehensive expertise, encompassing electrical architecture, electric drive units, battery packs, and advanced manufacturing techniques. 

JLR’s EMA architecture to be localised

Jaguar Land Rover will localize their Electrified Modular Architecture (EMA) to improve cost competitiveness and maintain a premium brand image. The initial production of EMA-based vehicles will start in late 2024 at JLR’s Halewood plant in the UK. Meanwhile, Tata Motors is preparing to localize the EMA platform in India for their AVINYA SERIES models, which are set to be released from 2025 onwards. This strategic move aims to balance affordability with maintaining the high standards of excellence associated with Jaguar Land Rover vehicles, ensuring that the Avinya lineup remains competitive in the market.

Also Read | India’s homegrown Microprocessors (Shakti & Vega) give the competition a run for their money

LTIMindtree Partners with Vodafone on Smart IoT and Industry X.0 Solutions

LTIMindtree [NSE: LTIM, BSE: 540005], a leading global technology consulting and digital solutions company, has entered into a strategic collaboration with Vodafone, a top global managed Internet of Things (IoT) provider with over 175 million connections. This partnership aims to revolutionize Industry X.0 and drive digital transformation across various verticals using LTIMindtree’s Insight NXT platform and Vodafone’s IoT Managed Connectivity solutions.

Innovative IoT Solutions to Empower Industry X.0

LTIMindtree’s iNXT Business Unit, known for integrating technical and functional components, will work alongside Vodafone’s robust IoT Managed Connectivity offerings to tackle complex business challenges. This collaboration is set to accelerate revenue, enhance cost efficiency, and promote sustainability through innovative Smart IoT applications.

Advanced Capabilities for Diverse Industries

Enabled by Vodafone’s comprehensive support, LTIMindtree will deliver advanced capabilities in AI, machine learning, predictive maintenance, digital twins, supply chain visibility, and more. These solutions are designed to enhance energy management, worker safety, and asset sensorization, incorporating cutting-edge augmented and virtual reality training tools.

Statements from Leadership

Gemma Barsby, UK Head of IoT at Vodafone, expressed enthusiasm about the partnership, stating, “Our collaboration with LTIMindtree empowers us to deliver real-time IoT managed services and drive greater productivity and cost efficiencies for clients. We are excited to expand our market share in the Industrial 4.0 and Digital Transformation sectors together.”

Monish Mishra, Chief Business Officer- iNXT at LTIMindtree, highlighted the strategic importance of the partnership: “In a world where continuous innovation and connected ecosystems are crucial, our alliance with Vodafone enhances our offerings in Industry X.0 and industrial digital transformation. We are committed to accelerating our clients’ journey to the future, enhancing growth and differentiation across UK and Europe.”

About LTIMindtree

LTIMindtree is a powerhouse in global technology consulting and digital solutions, facilitating enterprise-wide digital transformation for over 700 clients by leveraging domain and technology expertise. Part of the Larsen & Toubro Group, LTIMindtree merges the strengths of Larsen and Toubro Infotech and Mindtree, focusing on delivering transformative solutions at scale. With a talented team of over 82,000 professionals across more than 30 countries, LTIMindtree continues to lead in solving complex business challenges. For more information, visit https://www.ltimindtree.com/.

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Hindustan Zinc Now the 3rd Largest Silver Producer Globally

Hindustan Zinc Limited, part of the Vedanta Group and a leader in the zinc-lead-silver market, has ascended to become the third largest silver producer in the world. This ranking comes from the latest World Silver Survey 2024 by The Silver Institute, USA. Furthermore, the company’s Sindesar Khurd Mine has advanced to the world’s second-largest silver-producing mine, up from fourth last year.

Record Production and Technological Advances

Ms. Priya Agarwal Hebbar, Chairperson of Hindustan Zinc, highlighted the significant role of silver in global energy transitions and how the company’s record production of 746 metric tons supports the self-reliance initiative of Atmanirbhar Bharat. “Our annual production growth of 5% is a direct result of increased ore production and enhanced grades. This achievement is underpinned by our use of innovative technologies and sustainable mining practices, which have optimized our production processes and minimized our environmental impact,” she stated.

International Recognition and Commitment to Sustainability

The company’s Pantnagar silver refinery recently received recognition from the London Bullion Market Association (LBMA) and was added to the ‘London Good Delivery’ list, confirming its compliance with international quality standards. The refinery, which operates entirely on renewable power, is pivotal in Hindustan Zinc’s commitment to achieving net-zero emissions by 2050 or sooner.

Global Demand and Market Outlook

The global market dynamics for silver continue to be favorable, particularly with solar energy—the fastest-growing renewable source—projecting increased silver demand due to its crucial role in various applications. Silver’s excellent conductivity makes it indispensable in the production of touchscreens, circuitry, and connectors used in numerous electronic devices.

In India, the silver market is expected to see a modest 4% increase in jewelry fabrication in 2024, with the country poised to make significant contributions as retail restocking resumes. Furthermore, a 7% rise in silverware demand is anticipated, driven by robust economic growth and rising disposable incomes in India.

Hindustan Zinc’s advancements in production and its commitment to sustainability are set to keep it at the forefront of the global silver market, responding dynamically to both domestic and international demand.

Also Read | JSW Steel and JFE Steel Japan Form Rs 5500 Crores JV for Grain Oriented Electrical Steel Plant in Bellary

Thanks to Biocon Ltd, the price of weight-loss drugs in India is set to fall drastically

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News in detail

Biocon Ltd. is shifting its focus towards anti-obesity therapies as it prepares for the patent expiration of several of its blockbuster medications. This shift comes as the market for anti-obesity therapies is estimated to grow to $100 billion by 2030, driven by the release of generic alternatives.

The Bengaluru-based pharma giant, Biocon, has already gained a significant advantage over its competitors by obtaining UK approval for the first generic version of liraglutide injectible. This weight loss drug, originally marketed as Saxenda by Novo Nordisk A/S, is set to lose patent protection in November. It is one of the pioneering medications in its category to face patent expiration.

India – the pharmacy capital of the world

Biocon, under the leadership of Kiran Mazumdar Shaw, is one of the leading Indian pharmaceutical companies that leverages the nation’s status as the world’s largest supplier of generic medicines. While Saxenda may be less potent for weight loss when compared to newer iterations like Wegovy and Ozempic, the approval of its generic variant marks just the initial phase of what Biocon and other drugmakers anticipate as a lucrative opportunity. The Biocon CEO, Siddharth Mittal, has emphasized the organization’s commitment to maintaining its leadership position in this emerging market. With approximately 15 peptide formulations in various stages of development, Biocon aims to seek regulatory approval for one or two drugs this year, including liraglutide applications before US and European regulators. This momentum has attracted other industry heavyweights such as Sun Pharmaceutical Industries Ltd., Dr. Reddy’s Laboratories Ltd., Cipla Ltd, etc., who are also actively pursuing their developments in anti-obesity drugs. This trend reflects the global interest and investment in this therapeutic area.

The original patent holders made tonnes of money

Weight loss drugs have produced record profits for innovative pharmaceutical companies from Novo Nordisk to Eli Lilly & Co. The gold rush will now spread to generic makers like India’s biggest players when patents expire in the coming years on Ozempic and Wegovy, allowing cheaper copies of the medication to flood the market and plug supply gaps.

Novo Nordisk’s Ozempic and Wegovy are made with the same active ingredient, semaglutide, while Eli Lilly’s tirzepatide drug is sold as Zepbound. 

Biocon to encash the opportunity to the fullest extent

Biocon is strategically positioning itself to capitalize on a potentially pivotal opportunity centered around GLPs (glucagon-like peptides), as highlighted by Group Chief Executive Officer Peter Bains in discussions with analysts in November.

Bains emphasized the significance of the forthcoming multibillion-dollar market that will emerge over the next decade following the loss of exclusivity for GLPs. He described this opportunity as “very complementary” to Biocon’s existing biologics business.

In the UK market, Biocon plans to await the tender floated by the publicly-funded National Health Services before launching its liraglutide injectible. The application for UK approval was facilitated through Biocon’s European partner, Zentiva SA. The estimated total addressable market opportunity for GLP-1 in diabetes and weight loss in the UK alone amounts to $425 million, as indicated in a statement released by Biocon on March 27.

India’s market for weight-loss drugs is growing fast

Despite the global surge in popularity of weight-loss drugs, their widespread availability in India, with its rapidly growing affluent and obese population exceeding 1.4 billion, remains limited. Novo Nordisk, for instance, currently markets only its semaglutide-based pill Rybelsus in India, with plans to introduce injectables Wegovy and Ozempic in 2026, as reported by Reuters in February. Eli Lilly is also conducting clinical trials in India for its weight-loss pill, orforglipron.

While Biocon has yet to file for liraglutide approval in India, CEO Mittal stated that the company is talking to local drug regulators to waive the requirement for clinical trials. Moreover, Biocon is seeking a partner to market its obesity drugs in India following the recent sale of its branded formulations business to Eris Lifesciences Ltd.

Looking ahead, Mittal expressed confidence in the attractiveness of this sector over the next two decades, particularly highlighting the UK approval as evidence of Biocon’s readiness to seize opportunities in the years to come.

For more details, one may visit Biocon’s site

Gujarat Gas Limited and Indian Oil Corporation Limited to expand services with New MOU

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In a notable move within the energy sector, Gujarat Gas Limited (GGL) and Indian Oil Corporation Limited (IOCL) have entered into a non-binding Memorandum of Understanding (MOU) aimed at expanding the range and reach of energy solutions offered to consumers. This strategic partnership is designed to leverage the strengths of both entities to provide a comprehensive array of products and services across GGL’s authorized areas.

Key Highlights of the MOU

Provision of Liquid Fuels: IOCL will supply liquid fuels at various GGL outlets, enhancing the availability of diverse fuel options for consumers.

Supply of Automotive Lubricants and Specialties: IOCL is set to provide automotive lubricants, greases, and specialty products at GGL outlets, further broadening the range of automotive care products accessible to the public.

Establishment of CNG Facilities: The agreement includes the setting up of Compressed Natural Gas (CNG) facilities at IOCL’s Company-Owned, Company-Operated (COCO) outlets, thereby increasing the accessibility of cleaner fuel alternatives.

Development of CNG Mother Facilities: GGL will establish CNG mother stations at selected IOCL outlets, ensuring efficient distribution and availability of CNG across the region.

This collaboration between GGL and IOCL not only enhances the service offerings at their respective outlets but also supports the broader objective of promoting cleaner and more diverse energy solutions for India’s growing consumer base.

Also Read | ABB India launches two energy-efficient motor ranges for sustainable industrial growth

ABB India launches two energy-efficient motor ranges for sustainable industrial growth

ABB India has expanded its portfolio with the introduction of two innovative motor ranges designed to enhance energy efficiency and support sustainable industrial growth. These developments underscore ABB’s commitment to the “Make in India” initiative and the promotion of self-reliance in the industry.

The launch includes small frame cast iron IE4 super premium efficiency motors and IE3 Aluminum motors. Both product ranges are built on a globally proven platform, ensuring consistent reliability and performance. The small frame cast iron IE4 motors complete ABB’s IE4 portfolio, delivering superior energy efficiency, cost savings, and reduced emissions. The IE3 Aluminum motors are crafted to meet the specific needs of applications requiring lightweight and corrosion-resistant equipment.

Product Details and Applications

ABB India’s new IE4 super premium efficiency motors, available in frame sizes 71-132, and IE3 Aluminum Motors, in frame sizes 71-90, are manufactured in India and cater to a variety of sectors including water & wastewater, food & beverage, metals, cement & mining, plastics & rubber, and HVAC. These motors are versatile and can be used in pumps, conveyors, centrifuges, compressors, extruders, fans, and mixers, enhancing energy savings, cost-efficiency, and emission reduction while boosting reliability and productivity.

Also Read | Power Grid Corporation of India Limited Wins Bidding for Major Transmission Projects

Advanced Features and Customization

The new IE4 motors, which range in output from 0.18 to 7.5 kW, offer enhanced accelerating torques and higher withstand capabilities, making them ideal for heavy applications. Their robust design, engineered with high-quality materials, has been tested in NABL accredited labs. These motors provide an IE4 efficiency rating at full load with maximum efficiency at operating points between 70% and 80%, significantly reducing emissions.

The new Aluminum motors, capable of outputs from 0.18 to 2.2 kW, are specially engineered for applications requiring lightweight and corrosion-resistant equipment. They feature better heat dissipation, reliability, and a longer lifespan. The aluminum components are produced using a High-Pressure Die-casted process and shot blasting for a precise finish, with C3 corrosion class painting for increased durability.

ABB’s Continued Innovation and Industry Leadership

With a strong focus on leveraging cutting-edge energy efficiency technology and extensive domain expertise, ABB continues to redefine industry standards. ABB’s comprehensive range of low-voltage motors underscores its unwavering pursuit of performance and reliability, which are critical to achieving optimized total cost of ownership. As industries strive for growth, ABB is well-positioned to further incorporate sustainable materials into its offerings, helping customers surpass their operational goals while contributing to a greener, more sustainable future.

For more information, please visit www.abb.com.

Also Read | Virgin Atlantic reaffirms commitment to India connectivity as it doubles services to Mumbai, launches Bengaluru

Power Grid Corporation of India Limited Wins Bidding for Major Transmission Projects

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The Power Grid Corporation of India Limited (PGCIL) has been declared the successful bidder for a series of projects under a tariff-based competitive bidding process, aimed at establishing an Inter-State Transmission System. PGCIL will execute these projects on a build, own, operate, and transfer (BOOT) basis.

Project Details

System Evacuation for Power from Rajasthan Renewable Energy Zone Phase IV (Part 2: 5.5 GW) – Jaisalmer/Barmer Complex (Part C)

Scope of Project: The project will see the creation of a new 765/400/220 kV pooling substation at Mandsaur, coupled with a 765 kV double circuit transmission line. It will also extend associated bays at existing substations within Madhya Pradesh.

Transmission Evacuation System for Power from the Renewable Energy Zone in Khavda, Gujarat under Phase-IV (7GW) – Part E2

Scope of Project: This initiative includes augmentation of an existing substation in Gujarat to enhance its capacity and operational efficiency.

Transmission Evacuation System for Power from Rajasthan Renewable Energy Zone Phase IV (Part 2: 5.5 GW) – Jaisalmer/Barmer Complex (Part E)

Scope of Project: This effort involves establishing a new 765 kV substation at Rishabhdeo in Rajasthan and constructing 765 kV double circuit transmission lines. The project also includes the extension of associated bays at other existing substations across Rajasthan and Madhya Pradesh.

These strategic projects are pivotal in enhancing the grid infrastructure and supporting the growing renewable energy sector in India.

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IBM and Microsoft Team Up for Bengaluru Experience Zone

IBM Consulting and Microsoft have joined forces to unveil the IBM-Microsoft Experience Zone in Bengaluru, India. This unique collaboration marks a significant step forward for both companies, offering clients an exclusive space to explore innovative solutions and tap into expert guidance to enhance their business operations.

Empowering Business Transformation

The newly launched Experience Zone is designed to empower clients in their journey towards business transformation. By harnessing the power of generative AI, hybrid cloud, and various Microsoft products and technologies, businesses can gain a competitive edge and accelerate their growth trajectory.

Also read | Virgin Atlantic reaffirms commitment to India connectivity as it doubles services to Mumbai, launches Bengaluru

Tailored Solutions and Expert Guidance

At the Experience Zone, clients from diverse industries and geographical locations can engage with IBM Consulting experts across different technology zones. From co-ideation to co-creation, businesses can explore tailored solutions that leverage Azure OpenAI Service, Copilot, and other Microsoft technologies.

The zones cover a wide range of business aspects including cloud modernization, data analytics, AI, customer relationship management, employee experience, finance, operations, IoT, and emerging technologies like augmented reality and virtual reality.

Industry-Focused Solutions

In addition to general business solutions, the Experience Zone also highlights industry-specific offerings tailored for government, retail, and energy sectors. This allows clients to delve deeper into solutions that cater to their unique challenges and requirements.

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Enhancing Skills and Knowledge Sharing

One of the key objectives of the IBM-Microsoft Experience Zone is to empower clients with next-generation skills and knowledge. Through access to best-in-class case studies and interactions with industry peers, businesses can stay ahead in today’s competitive marketplace.

Shared Commitment to Innovation

Amit Sharma, Managing Partner – Global Delivery, IBM Consulting, expressed excitement about the shared commitment between IBM Consulting and Microsoft in co-investing, co-creating, and co-delivering joint solutions. The Experience Zone serves as a testament to their ‘better together’ philosophy, fostering collaboration and creativity under one roof.

Towards Value-driven Partnerships

Dinis Couto, General Manager of Global Partner Solutions for Microsoft, emphasized the importance of partnerships like IBM in driving AI and hybrid cloud solutions at scale. The launch of the Experience Zone signifies a step closer to clients and highlights the progress made through collaborative efforts.

In summary, the IBM-Microsoft Experience Zone in Bengaluru promises to be a hub of innovation and collaboration, offering clients access to cutting-edge solutions and expert guidance to navigate their digital transformation journey effectively.

Also read | Flipkart Launches Grocery Fulfillment Center in Hubballi

Virgin Atlantic reaffirms commitment to India connectivity as it doubles services to Mumbai, launches Bengaluru

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Virgin Atlantic is significantly expanding its operations to India, underscoring the country’s growing importance in its global strategy. This expansion includes the introduction of a second daily flight from London Heathrow to Mumbai starting in October 2024 and launching a new service to Bengaluru, known as India’s startup capital.

Virgin Atlantic launched flights to the start-up capital of India, Bengaluru, a key destination for US customers connecting onwards via London Heathrow from San Francisco, Los Angeles, New York JFK, Seattle, and more.

This expansion is set to enhance connectivity for U.S. customers through seamless transitions at London Heathrow from major American cities such as San Francisco, Los Angeles, and New York JFK.

The addition of the new Mumbai flight will increase Virgin Atlantic’s daily services to India to five, including two daily flights to Delhi and one to Bengaluru. This move is part of the airline’s broader strategy to offer more than one million seats to India by 2025, marking a 350% capacity increase since 2019. It reflects India’s burgeoning role as a key market, driven by its dynamic economy and increasing demand for international travel.

Virgin Atlantic Partners with IndiGo

Virgin Atlantic’s partnership with IndiGo, one of India’s leading airlines, further strengthens its connectivity within India. This codeshare agreement enables customers to book a single ticket for their journey, facilitating easy onward connections to 36 additional destinations across India, including Ahmedabad, Goa, and Hyderabad.

The new flight schedules and increased capacity also promise substantial growth in cargo operations, projecting an additional 25,000 tons of cargo annually. This expansion will primarily support the transport of goods in critical sectors such as fashion, pharmaceuticals, and technology.

Virgin Atlantic’s commitment to enhancing the customer experience is evident in the deployment of the Airbus A350-1000 on the new Mumbai route. This aircraft features contemporary cabin classes, including the Upper Class with its signature social space, providing passengers with a premium long-haul experience.

This expansion not only reaffirms Virgin Atlantic’s commitment to the Indian market ahead of its 25th year of operations in the region but also aligns with its sustainability goals. The airline continues to focus on operating one of the youngest and most fuel-efficient fleets globally and pioneering efforts in sustainable aviation fuel to achieve Net Zero emissions by 2050.

For travelers and cargo movers looking between the U.S. and India, Virgin Atlantic’s enhanced service and capacity signify a robust link facilitating not just business and tourism but also vital economic exchanges between the two regions.

New Flights to Mumbai (Subject to Government Approval)

Flight NumberLaunch DateDeparture AirportDeparture TimeArrival AirportArrival TimeAircraft
VS35827-Oct-24LHR11:15BOM201:55*A350-1000 leisure
VS35928-Oct-24BOM204:10LHR08:55A350-1000 leisure


For more information visit www.virginatlantic.com

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Tata Passenger Electric Mobility and Shell Partner to Enhance EV Charging Network in India

Tata Passenger Electric Mobility Ltd. (TPEM), a pioneer in India’s electric vehicle (EV) revolution, has joined hands with Shell India Markets Private Limited (SIMPL) to enhance the EV Charging Network infrastructure across India.

The collaboration aims to utilize Shell’s extensive fuel station network and TPEM’s expertise from over 1.4 lakh Tata EVs on Indian roads to set up chargers at locations frequented by Tata EV owners. The EV Charging Network partnership also focuses on providing superior charging experiences.

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Focus on Enhancing EV Ownership Experience

Exploring Synergies to Encourage EV Adoption

The agreement between TPEM and SIMPL seeks to improve the experience of EV owners in India. By exploring synergies between the two companies, they aim to encourage more people to adopt electric vehicles in the country. The partnership also aims to introduce convenient payment systems and loyalty programs, adding significant value to TPEM’s customers.

Market Leadership and Commitment to Sustainable Charging Solutions

TPEM: Market Leader in EVs in India

TPEM holds a dominant market share of 71% in electric passenger vehicles in India, with four products in its portfolio. The company has been instrumental in fostering the EV ecosystem in the country, from introducing its first EV-exclusive store in Gurugram to collaborating with charge point operators to expand India’s charging infrastructure.

Shell EV Recharge: Reliable and Ultra-Fast Charging

Shell EV Recharge locations offer reliable and ultra-fast charging, with a charger uptime of 98%-99%. These locations also provide convenient retail options, including fresh food and beverages, enhancing the overall customer experience and convenience.

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Perspectives from Key Stakeholders

Balaje Rajan, Chief Strategy Officer, Tata Passenger Electric Mobility Ltd.

Rajan emphasized the importance of collaboration to advance India’s EV ecosystem. He expressed excitement about the partnership with Shell, highlighting its potential to grow the existing charging infrastructure crucial for mainstream EV adoption in India. Rajan believes that combining TPEM’s understanding of EV usage with Shell’s customer experience will drive significant change in India’s charging behavior and boost EV adoption.

Sanjay Varkey, Director, Shell India Markets Private Limited

Varkey reiterated Shell’s commitment to redefine the EV charging experience by prioritizing convenience, safety, and sustainability. He emphasized Shell’s dedication to using 100% certified renewable sources and providing ultra-fast and reliable chargers for a sustainable and efficient charging experience. Varkey sees the partnership with TPEM as a strategic initiative to promote widespread EV adoption in India through digital integration and customer-centric initiatives.

Driving EV Adoption in India

A Step Towards Accelerating EV Growth

The collaboration between TPEM and Shell is expected to contribute significantly to India’s EV growth. Studies from around the world demonstrate that convenient charging infrastructure is essential for driving EV adoption, and growth in charging infrastructure leads to exponential growth in EV adoption. This partnership between two industry leaders is poised to propel India’s EV growth into its next phase.

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Infosys Foundation Renews Commitment to Strengthen Karnataka Police’s Cybercrime Fighting Abilities

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Strengthening Cybercrime Investigation Capabilities

Infosys Foundation, the philanthropic arm of Infosys, has announced a significant commitment to bolster the cybercrime investigation capabilities of Karnataka Police. With a grant of over INR 33 crore, Infosys Foundation aims to extend its support for the Centre for Cyber Crime Investigation Training & Research (CCITR) for four more years.

Renewal of Collaboration

In a Memorandum of Understanding (MoU) signed today, Infosys Foundation, Karnataka’s Criminal Investigation Department (C.I.D), and the Data Security Council of India (DSCI) have renewed their collaboration for CCITR. This initiative builds upon the groundwork laid in 2018.

This collaboration marks a significant step forward in combating cybercrimes and safeguarding Karnataka’s digital future.

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Objectives of the Collaboration

The collaboration aims to enhance the cybercrime prosecution capabilities of the Karnataka police through training and research in digital forensics and cybercrime investigation.

Key Initiatives

1. Capacity Building:

  • Training for police, prosecution, and judiciary in handling cybercrime investigations.
  • Development of Standard Operating Procedures (SOPs) in cybercrime investigations.

2. Research:

  • Research endeavors in digital forensics and cybercrime investigation to enhance prosecution of cybercrime cases.

3. Entrepreneurship:

  • Encouraging entrepreneurship for the development of indigenous cyber forensics products and solutions.

4. Training and Certification:

  • Provision of training and certification for police staff in core areas like cybercrimes and digital forensics.

5. Collaboration:

  • Collaborative efforts with national and international organizations working in digital forensics domains.

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Stakeholder Comments

Dr. M A Saleem IPS, Director General of Police, CID:
Acknowledged the significant enhancement in capacity undertaken by the Criminal Investigation Department and expressed gratitude towards Infosys Foundation and DSCI for their collaborative efforts.

Mr. Vinayak Godse, CEO, Data Security Council of India:
Expressed gratitude for the pivotal partnership and emphasized the effectiveness of public-private partnerships in combating cybercrime threats.

Sunil Kumar Dhareshwar, Trustee, Infosys Foundation:
Expressed satisfaction with the collaborative achievements and highlighted the importance of this renewed engagement in enhancing Karnataka Police’s cybercrime handling capabilities.

About Infosys Foundation

Established in 1996, Infosys Foundation supports various programs focusing on education, rural development, healthcare, women empowerment, arts and culture, and destitute care. It aims to work towards a more equitable society by supporting underprivileged sections of society.

For more information, visit Infosys Foundation.

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Flipkart Launches Grocery Fulfillment Center in Hubballi

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Hubballi: Flipkart, the renowned e-commerce giant, has inaugurated its latest grocery fulfillment center in Hubballi, Karnataka, aiming to provide swift next-day deliveries of groceries to consumers.

This initiative marks Flipkart’s third such center in Karnataka, reinforcing its dedication to meet the escalating demand for online grocery shopping.

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Meeting Rising Demand in Hubballi and Beyond

As the demand for online groceries continues to surge, Flipkart responds with its third grocery fulfillment center in Hubballi, Karnataka. This center will serve consumers in various regions, including Ballari, Davanagere, Dharwad, Shivamogga, and both South and North Goa.

Supporting Local Businesses and Farmers

Spanning an impressive 60,000 square feet, the new fulfillment center is equipped to dispatch over 9,000 units daily. It not only meets consumer demands but also opens avenues for local businesses, MSMEs, and farming communities to access the market.

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Catering to Regional Tastes

Understanding the importance of catering to local preferences, the Hubballi grocery fulfillment center will offer an array of over 6,000 products, including beloved regional brands like Nandini, Naga, and Vijay. This curated selection aims to cater to the diverse palate of consumers in the region.

Empowering Local Economies

Rapid growth in Hubballi’s online grocery market, coupled with the absence of quick commerce options, necessitated Flipkart’s expansion. This move not only caters to consumer needs but also enhances livelihoods for local sellers and communities.

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Partnering for Growth

Hitesh Agarwal, E-commerce and Modern Trade Head at Eastern Condiments, lauds Flipkart’s role in their growth journey, emphasizing the partnership’s value in expanding market reach.

Commitment to Proximity and Convenience

Rajneesh Kumar, Chief Corporate Affairs Officer at Flipkart Group, highlights the center’s role in ensuring easy access to fresh groceries and reaffirms Flipkart’s dedication to next-day deliveries and boosting local economies.

Enhancing Shopping Experience

With a focus on customer satisfaction, Flipkart offers various incentives, including SuperCoins and the Grocery Pass, making grocery shopping more rewarding. Innovative features like voice-enabled shopping and regional language options set new standards for convenience.

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Radisson Collection Hotel & Spa, Riverfront Srinagar

Srinagar – Radisson Hotel Group is excited to announce the arrival of its luxury lifestyle brand, Radisson Collection, in India. The inauguration takes place with the opening of Radisson Collection Hotel & Spa, Riverfront Srinagar, marking a significant milestone for the group.

A Glimpse of Kashmir’s Heritage

Situated alongside the picturesque River Jhelum, the hotel draws inspiration from Kashmir’s rich heritage, culture, and art. It embodies the essence of Kashmir with its remarkable architecture, sophisticated interiors, exquisite dining options, personalized service, and lavish amenities.

Strengthening Presence in Jammu and Kashmir

The opening of Radisson Collection Hotel & Spa, Riverfront Srinagar solidifies Radisson Hotel Group’s foothold in Jammu and Kashmir, adding to its portfolio of seven operational hotels in the region.

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Prime Location and Accessibility

Conveniently located, the hotel offers easy access to Srinagar’s major attractions, including Dal Lake, Mughal Gardens, and historical landmarks. It is easily reachable from Srinagar International Airport, local bus, and train stations.

Words from Radisson Hotel Group

Nikhil Sharma, Managing Director and Area Senior Vice President (ASVP), South Asia, Radisson Hotel Group, expressed pride in introducing the first Radisson Collection hotel in India. Sharma anticipates further collaborations to establish a unique collection of properties under the Radisson Collection brand in the country.

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Elegance and Luxury in Every Detail

Featuring 212 spacious rooms across various categories, the hotel showcases Kashmir’s authentic motifs and traditional designs, creating a cultural immersion experience. Guests are greeted with live Rabab performances in the hotel corridors each morning.

Exceptional Dining Experience

Firdaus, one of the hotel’s dining outlets, offers Kashmiri Wazwaan – a traditional multi-course meal, along with local delicacies. Sapphire Lounge presents a modern ambiance for enjoying French pastries and Kashmiri specialties, while Mehfil offers a curated selection of premium spirits.

Grand Event Spaces

With Mumtaz, one of the largest pillar-less banquet halls in the Kashmir valley, and Zewar for smaller meetings, the hotel provides versatile spaces for weddings, corporate gatherings, and events.

Partnership and Commitment

Wasim Chaya & Naseem Chaya, Managing Directors of Mushtaq Group of Hotels, express their excitement in partnering with Radisson Hotel Group. They aim to redefine luxury experiences and contribute to the local growth of the hotel sector.

Exploration and Relaxation

Guests can explore local artisanal products at the Artisan Shop and indulge in expert-led experiences showcasing the region’s heritage. Additionally, the in-house L’Occitane Spa offers rejuvenating treatments blending traditional and contemporary elements.

Leading Presence in the Indian Market

Radisson Hotel Group remains a key player in the Indian hospitality sector, with over 165 hotels in operation and development across the country. The group’s diverse portfolio caters to various markets, ensuring accessibility and quality service for guests nationwide.

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India is building an advanced, AI-enabled, digital Train Control & Management System (TCMS)

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BEML and BEL have signed a memorandum of understanding (MoU) to develop an indigenous Train Control Management System (i-TCMS). This is a significant advancement in rail communication technology in India. This collaboration between two prominent defense Public Sector Undertakings (PSUs), headquartered in Bengaluru, is poised to REVOLUTIONIZE train control management systems. Termed as a pioneering initiative, the partnership aims to spearhead innovation and bolster self-reliance in this critical sector.

The key objective of the MoU – to make critical components in India

The core objective of this partnership is to pinpoint potential areas of collaboration between BEML and BEL, emphasizing the exploration of joint development ventures for high-value products and solutions tailored specifically to the needs of Indian Railways and Metro systems. Currently, the dominance of propulsion suppliers in providing Train Control Management Systems (TCMS) has led to a reliance on imported technology.

Aligned with the ‘Make in India’ initiative, this collaboration seeks to domestically develop TCMS to cater to the evolving requirements of rail projects within the nation. Often regarded as the ‘brain of the train,’ TCMS is set to play a pivotal role in orchestrating control and monitoring functions across diverse systems, as highlighted.”

Train Control & Management System

TCMS incorporates a distributed control system comprising computer devices, software, human-machine interfaces, digital, and analog input/output capabilities, and secure data networks. It is said that TCMS enables seamless data communication interfaces with other train-borne and wayside systems, ensuring the smooth and reliable operation of railways.

“Through this strategic alliance, BEML and BEL are set to transform the realm of rail transportation in India, heralding a new era of technological advancement, operational efficiency, and national self-reliance,” – the management of BEML and BEL stated.

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New Openings and Key Signings Propel Accor Growth in India

Accor, one of the largest international hotel groups, continues its expansion in India after a successful year in 2023. With a record-breaking signing of eleven strategic hotels and the opening of six key hotels across the country, the Group is poised for further growth in 2024.

Strengthening Presence

In 2023, Accor made significant strides with notable signings including prestigious hotels like Fairmont Agra, Pullman Amritsar, and Novotel Bengaluru Airport Varun. This demonstrates Accor’s commitment to catering to diverse traveler preferences.

Accor expanded its Indian portfolio with the addition of nearly 1,000 rooms through openings such as Novotel Mumbai International Airport and Grand Mercure Agra. The Group currently operates 62 hotels across a diverse array of iconic brands, contributing significantly to India’s hospitality landscape.

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Strategic Growth in 2024

In 2024, Accor plans to open six hotels in the premium, midscale, and economy segments, along with three luxury and lifestyle hotels. These openings will further enrich its diverse portfolio and cater to evolving traveler needs.

Luxury Hospitality Expansion

Accor’s commitment to the luxury hospitality market is evident with the opening of Raffles Jaipur in the second quarter of 2024. This hotel will redefine grandeur and opulence in Rajasthan’s largest city.

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Premium and Midscale Offerings

The opening of Grand Mercure Goa Candolim will offer travelers a harmonious blend of comfort and cultural connections. Mercure Chandigarh and ibis Styles Mysuru will provide quality and affordable accommodation options.

Expansion of Novotel Brand

Scheduled for the third quarter of 2024, Accor’s Novotel brand will expand its footprint with openings in key cities including Goa Panjim, New Delhi City Centre, and Bhubaneshwar.

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Commitment to India’s Growth

Sébastien Bazin, Chairman & CEO of Accor, emphasizes India’s importance in the Group’s global vision. He reaffirms Accor’s commitment to India’s dynamic and rapidly changing market, aiming to shape a prosperous future for the country by offering meaningful experiences to both business and leisure travelers.

Accor stands poised to continue shaping India’s vibrant hospitality landscape, reflecting its dedication to growth and excellence in the region.

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Air India and BIAL Partner to Elevate Bengaluru as a Premier Aviation Hub

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Bengaluru – Air India, a major global airline based in India, and Bangalore International Airport Limited (BIAL) have joined hands in a significant agreement aimed at developing Bengaluru as a premier aviation hub for southern India. This partnership seeks to enhance air travel connectivity to and from India over the coming years.

Enhanced Connectivity and Premium Lounge

The collaboration between Air India, Tata Group airlines (AIX and Vistara), and BIAL aims to strengthen international connectivity, operational efficiency, and passenger experience for the next five years.

As part of this plan, there will be an emphasis on expanding the group’s presence at Kempegowda International Airport, Bengaluru (KIAB or BLR airport). Additionally, a dedicated domestic lounge will be established for premium and frequent travelers of Tata Group airlines such as Air India and Vistara.

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Investment in Maintenance Facilities

Air India’s commitment to Bengaluru extends beyond passenger services. The airline has also inked a Memorandum of Understanding (MOU) with the Government of Karnataka to set up comprehensive Maintenance, Repair, and Overhaul (MRO) facilities at BLR airport.

This move is expected to create more than 1,200 job opportunities for skilled individuals in the state, contributing to the growth of the aviation industry.

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Key Perspectives

Campbell Wilson, the Managing Director and CEO of Air India, emphasized the importance of collaboration between airlines and airports in enhancing customer experience and operational efficiency. He expressed delight in strengthening the relationship with BIAL, aiming to expand air connectivity and establish a major MRO center, marking a significant milestone in Air India’s transformation.

Hari Marar, the Managing Director and CEO of Bangalore International Airport Limited, highlighted BLR Airport’s commitment to becoming the primary international gateway in Southern and Central India. He stated that the collaboration with Air India aligns with the Ministry of Civil Aviation’s vision of developing Indian airports as hubs, aiming to enhance the passenger experience and capture a significant share of long-haul routes from BLR Airport over the next five years.

This partnership between Air India and BIAL reflects a shared commitment to elevate Bengaluru’s status as a premier aviation hub, promising improved connectivity, enhanced services, and economic growth in the region.

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