ABB India will deliver a 110 kilovolt (kV) digital substation to Technopark, the largest Information Technology (IT) park in India, based on built-up area, located in the southern state of Kerala and spanning an area of 930,000 square meters. Due to the nature of the industry, the campus is highly dependent on reliable, round the clock power to serve the 350 companies employing more than 50,000 people.
Category: Technology
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Ingeteam takes wind converter supplier top spot after record-breaking year
Ingeteam, an independent global supplier of electrical conversion equipment, has announced that it achieved a new record year for the deliveries of its wind power converters worldwide. With nearly 5 GW of new capacity added in 2016 alone, a total of 36,414 MW of wind turbines have been equipped with IngeteamÂ’s technology since 1995, making the Spanish company the worldÂ’s number one supplier of wind power converters.
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Jaypee InfraÂ’s Q3 net loss goes up to Rs 41.39 crore
Jaypee Infratech has said that its net loss has gone up to Rs 41.39 crore for the third quarter ended December 2016. The company had reported a net loss of Rs 25.33 crore for the corresponding quarter of the 2015-16 fiscal, it said in a BSE filing.
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TUV Rheinland launches new asset integrity data management portal
TÃœV Rheinland, a global testing, inspection, certification and consultancy corporation headquartered in Germany with locations in over 65 countries worldwide, has announced the launch of its new, standalone and unique mobile digital solution for the management, analysis and tracking of asset integrity data.
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Ashwin Vasista, Associate, Singhania and Co
The introduction of the Goods and Services Tax (GST) is in itself a path-breaking fiscal reform. Corporate tax and other indirect taxes may be revamped keeping in view GST requirement.
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Talks of realty price correction are highly speculative
What´s come as significant positives for the real estate sector are the announcements on affordable homes. One is the government according it infrastructure status, which means projects in that segment will be able to raise finance at a much lower cost.
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Bharti Airtel drags Reliance Jio to CCI
Bharti Airtel has approached the Competition Commission of India accusing Reliance Jio Infocomm of predatory pricing and indulging in an anti-competitive behaviour.
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Not all Disruptive Actions are Transformational
We do live in unusual times. Some of us may be inclined to call these disruptive times. Technologically speaking, we may be close to achieving disruptions in Internet of Things and Artificial Intelligence.
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Siemens bags Rs 319 crore order from Diesel Locomotive Works
German conglomerate Siemens Ltd has announced it has won a Rs 98 crore order from Diesel Locomotive Works (DLW) to supply and install 48 Alternating Current (AC) Traction systems for Indian Railways. The AC Traction systems will be produced at the Nashik factory of Siemens Limited, the company said in a statement.
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Idea Cellular to raise Rs 500 crore via NCDs
Telecom operator Idea Cellular plans to raise Rs 500 crore through issuance of non-convertible debentures (NCDs). “The company is proposing to issue unsecured redeemable non-convertible debentures amounting to Rs 500 crore on a private placement basis,” Idea said in a regulatory filing.