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HMT Machine Tools Ajmer develops grinding machine for railway axles

HMT Machine Tools Ajmer develops grinding machine for railway axles

Equipment to cost less than half of the imported ones On Sunday HMT Machine Tools Ajmer, which is a wholly-owned subsidiary of HMT Limited, said that it developed a highly-productive grinding machine that might cost less than half of the imported equipment for the railway axles.Indian Railways is importing the equipment from European countries as...

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Major Port Authorities Act to Decentralise Decision-Making

Major Port Authorities Act to Decentralise Decision-Making

The Major Port Authorities Act, 2020, is aimed at decentralising decision-making and infusing professionalism in the governance of 13 major ports. The act seeks to impart faster and transparent decision-making to benefit stakeholders and improve project execution capabilities by reorienting the governance model in central ports to the landlord port model in line with the...