Ravi Karandeekar's Pune IT, BT, Auto and SSI News Links Blog

IBM experts lend a helping hand to city institutes

2010-03-11T14:19:00.000+05:30

IBM Corporate Services Corps (CSC) programme:

“As part of CSC, IBM places its top performing employees with the company’s partner NGOs and not-for-profit government organisations for four weeks. The volunteers work on an IT-based project that would help the organisations,” said Ramesh Narasimhan, director, IBM India/South Asia.

This year, IBM tied up with Film and Television Institute of India (FTII), Teach For India, Chaitanya, Software Institute for Rural Development (SIRD) and YASHADA, Narasimhan said.

The CSC programme began in 2008 in Ahmedabad and Mumbai and this is the first time it has been launched in Pune along with Hyderabad and Bangalore.

To read more, please, visit Indian-Express

Venky's Invests in Poultry Vaccine Plant in Switzerland

2010-03-11T09:29:00.000+05:30

The VH Group (Venkateshwara Hatcheries) is entering Europe with a state of the art poultry vaccine manufacturing facility in the Canton of Jura in Switzerland, the first Indian company to do so.

Working with the economic promotion agency, BaselArea, the VH Group was able to find an appropriate site in Bassecourt, in the Canton of Jura and to establish the new company in Switzerland within the shortest time possible.

The VH Group (Venkateshwara Hatcheries) is the leading Indian poultry conglomerate based in Pune. Incorporated under the name Venky's Inc., the state of the art manufacturing facility in Bassecourt will provide a major stepping stone for the VH Group to strengthen its position in the European market.

"One of the main reasons for us to come here is the high quality standard related to Switzerland", says Mr. B. Venkateshwara Rao, Managing Director of the VH Group.

To read more, please, visit Indian PR wire

Thermax, Babcock ink JV for supercritical boilers

2010-03-11T08:22:00.000+05:30

Pune-based Thermax will own 51% stake while Babcock will control the remaining 49% in the venture which will have an initial annual capacity of 3,000 MW equivalent.

The supercritical boilers will be manufactured in a new facility that is being planned. The plant will indigenise the technology and contribute to local component development, said the companies in a joint statement.

Pune-based Thermax will own 51% stake while Babcock will control the remaining 49% in the venture which will have an initial annual capacity of 3,000 MW equivalent. The supercritical boilers will be manufactured in a new facility that is being planned. The plant will indigenise the technology and contribute to local component development, said the companies in a joint statement.

The government wants to produce a majority of the proposed capacity addition of 1 lakh MW by super-critical technology which costs less and is more environment friendly. Supercritical boilers operate at high pressures increasing efficiency and producing more energy from the same amount of fuel. They also cause less harm to the environment.

To read more, please, visit The Economic Times

Fitch Rating assigns Fresenius Kabi India Pvt Ltd a National Long term rating of 'BB+(ind)'

2010-03-11T07:21:00.000+05:30

FK, a subsidiary of Fresenius SE ('BB'/Stable) (a global health care group), is focused on providing both inpatient and outpatient therapy and care for critically and chronically ill patients.

FKIPL operates FK;s operations in India and its infusion therapy products are manufactured at its plant in Pune (the only World Health Organization - Good Manufacturing Practices certified factory in Asia).

The infusion products are sold domestically as well as internationally, while the clinical therapy products and medical devices are imported for domestic consumption from FK's global product portfolio manufactured at its overseas plants.

To read more, please, visit Reuters

Daimler Sells Tata Motors Stake

2010-03-11T07:06:00.000+05:30

German car and truck maker Daimler said it has sold all of its 5.34% of the ordinary shares of Indian automotive company Tata Motors to various groups of investors through the capital market.

The company said it will receive a cash inflow of roughly euro 300 million from the sale of its shares, due to the recent increase in the price of Tata shares. Daimler said the transaction will have a positive effect on its EBIT of around euro 265 million and will be accounted for in the first quarter of 2010.

In a statement, Daimler said that having an equity position in Tata is no longer necessary. The company said it is in an “excellent position” to capitalize on the growth potential of the Indian passenger and commercial vehicle markets and continues to intensify its own activities there. Daimler said it made the move “in full consultation” with Tata, and that relations between the two companies “are excellent and will not be adversely affected by this sale.”

To read more, please, visit FinancialWire™

Weikfield to launch exotic desert mixes

2010-03-11T06:01:00.000+05:30

Weikfield Products, makers of western desserts, like jellies and custards, is now working on exotic desserts. Mr Mukesh Malhotra, managing director, was reluctant to mention specifics, since this is competitive information, beyond saying that they will introduce a range of mixes for Italian desserts.

"We will launch new products, dessert mixes, in a year’s time. They are currently at the stage of development," he said.

Weikfield has a strategy of choosing segments where the competition is not the big food daddy. It prefers to concentrate on segments that are too small for the big players.

To read more, please, visit The Economic Times

MphasiS set to offer salary increments

2010-03-11T05:33:00.000+05:30

Software services company MphasiS will roll out a salary increment for its 35,000-employees from May 1 this year, CEO Ganesh Ayyar told mediapersons at Pune.

The company recently started a 2,000-seater global command and control centre in Pune for its remote infrastructure monitoring business vertical. The centre currently houses 600 technical staff supporting 450 clients worldwide.

To read more, please, visit The Economic Times

Now, Piped Natural Gas (PNG) for industries as well

2010-03-02T07:19:00.000+05:30

After successfully supplying Piped Natural Gas (PNG) to residential societies in Chinchwad, Maharashtra Natural Gas Ltd (MNGL) has now geared up to provide the ‘clean and green’ fuel to industrial sector.

“We will start providing PNG to industries in Bhosari and other parts of Pimpri-Chinchwad from the first week of this month. The trial run of pipelines laid in the industrial area is being conducted at present,” Deputy General Manager (marketing) of MNGL, A G Dharwad told Sakaal Times.Read More

"The downturn is not yet completely behind us," Kishor Patil, MD & CEO, KPIT Cummins Infosystems

2010-03-02T06:46:00.000+05:30

KPIT Cummins Infosystems demonstrated a resilience despite the slowdown in the manufacturing sector in the US and Europe. The information technology consultancy, which caters to enterprise-wide solutions in various sectors, managed to grow its revenue 30 per cent in the past two years. Managing Director & CEO Kishor Patil tells Priyanka Joshi how he plans to tread the road ahead. Edited excerpts:

How does the company position itself on non-linear initiatives?

KPIT’s non–linear (other than headcount) revenues are very small today — about 2 per cent of total revenues. We filed 12-14 patents by the end of the third quarter of the current financial year, which included six new patents in the area of powertrain and hybrid as well as in the semiconductor space.

We also launched in Pune automobile software, Clickservicesmile.com, in association with DSK Motors. The new software allows customers to view their cars’ servicing process online and also enables them to view the vehicle’s history, besides facilitating the transfer of cars, purchase of second–hand cars and bill payments.

We are hopeful of getting a Rs 50-60 lakh revenue from this solution in the current financial year.

To read more, please, visit Business Standard

Binary Mantra Systems launches Web and Mobile enabled Hospital Management System

2009-12-29T04:33:00.003+05:30

IT products & services company Binary Mantra Systems (BMS) launched the enterprise edition of MediOps- their flagship Hospital management system.

The enterprise edition enables outpatient and inpatient management including diagnosis and billing, Medical History, daily treatment and billing for inpatients. Other module of the software automates hospital’s medical store to electronically manage requisitions, issues and inventory of medicines. This is a multi-user system with user management facilities.

MediOps Lite, which was released in June 2009, caters to small hospitals/clinics with simple and quick patient registration, case history and billing processes. Doctors and support staff can generate bills in minutes.

Doctors can enquire about a patient’s status on their mobiles sitting at home and also get notified when a new admission takes place. The same information can also be accessed on the web but in much more details.

About Binary Mantra Systems:
Binary Mantra Systems (BMS) is a Pune based software development organization founded by IITians and IT industry experts. BMS specialized in developing products and services in the Healthcare, Education, Construction and Telecom domains. Our Hospital Management product-MediOPs- was launched in 2009.

The enterprise edition enables outpatient and inpatient management including diagnosis and billing, Medical History, daily treatment and billing for inpatients. Other module of the software automates hospital’s medical store to electronically manage requisitions, issues and inventory of medicines. This is a multi-user system with user management facilities. MediOps Lite, which was released in June 2009- caters to small hospitals/clinics with simple and quick patient registration, case history and billing processes. Doctors and support staff can generate bill in minutes.

BMS has expertise in developing audio-video streaming and online training solutions for companies in the simulation-based training or online training domain.

BMS specializes in Microsoft technology platform with expertise on ASP.net, VB.net, Silverlight, WPF, WF and SQL Server 2000/5/8. Our detailed profile can be seen here ( binarymantrasystems.com/bms/MediOps/BMS_Profile_Dec_2009.pdf ).

For more details, please contact abhishek@binarymantrasystems.com.

Binary Mantra Systems

Flat No. 10, Bldg No. 1, SunderNagari Society, Bhelke Nagar, Near Sutar Hospital, Kothrud, Pune 411029 , India

Abhishek Srivastava
9324427853

openPR.com - Press release

Ubisoft Pune creates the first officially Nintendo DS licensed title

2009-12-28T18:18:00.003+05:30

The game called 100 All Time Favorites provides 100 board games, and card games like Solitaire, Poker, Mancala (an African game), Backgammon, Chess, Chinese Checkers, and Draughts.

"It took six months of preparation and training, and then eight months of production work for us to make this DS game," says Jithin Rao, Producer at Ubisoft in Pune to Digit.

Around 40 people from Ubisoft India were involved in the project - four artists, four designers, 18 programmers, and a 10 member testing team from Pune. The Pune office has also worked on Cell-Factor Psychokinetic Wars on the Xbox live and the Play Station, games on the DS on the Imagine series, and Just Dance on the Wii.

To read more, please, visit SiliconIndia

"A Startup Journey" Gautam Godse shares his experiences with Extentia Information Technology

2009-12-23T20:29:00.008+05:30

Gautam Godse shares his experiences of 'A Startup Journey' with Extentia Information Technology. Featuring inspirational speakers, IT entrepreneur Gautam Godse gave a fascinating presentation to Extentia team members and select guests about his personal journey through the world of technology startups.

In the latest of a series of Extentia-arranged interactions featuring inspirational speakers, IT entrepreneur Gautam Godse gave a fascinating presentation to Extentia team members and select guests about his personal journey through the world of technology startups. Gautam’s visit follows October’s session with renowned basketball coach and social entrepreneur JD Walsh.

During the hour-long session, Gautam shared anecdotes, jokes and experiences spanning his entire career, from his very first computer-related paycheck of Rs. 87 (earned while still in high school) right up to his current position as Software Director at Big Nerd Ranch, Inc.

As an entrepreneur, Gautam is always on the lookout for fresh opportunities. “Take a look at everything around you. There is a problem waiting to be solved,” said Gautam. “And the simplest solutions are often the best.”

A true pioneer and self-confessed technology geek, Gautam discussed his founding role at a series of startups including JabberWocky, WMINet, moreLinux and musicurry. After stints at NetZero and then Yahoo, he recently rejoined the startup world with Big Nerd Ranch.

Umeed Kothavala (Extentia Director) felt that everyone who took part benefited from the session. “We’re delighted to have Gautam to spend some quality time with us - to and share his insights and experiences,” he said. “I’m sure that all of us will be inspired by Gautam’s example, always thinking creatively when tackling the challenges and opportunities in technology."

Gautam also talked about effectively harnessing the benefits of social networking: “Who you know is more important than what you know.” He also affirmed that the key to success is to keep things simple. “Apple’s iPhone is a great example. So many manufacturers were trying to cram keyboards onto cellphones, but the iPhone uses a different approach and delivers a great user experience,” he said. “Although making things simple is the hardest thing in the world, the payoff can be amazing.”

Towards the end of the session, Gautam fielded several questions from the audience, including enquiries about the future of computing, his experiences working with Yahoo, and why he shifted to the US. He also highlighted that innovations such as Amazon Web Services are increasingly making computer processing power “just another utility” – like electricity or gas – much to the benefit of startups who no longer have to invest in expensive infrastructure.

Originally from Pune in India, now based in Los Angeles and “wherever the world will take me with Internet connectivity”, the occasion also gave Gautam an opportunity to reflect on a journey that has taken him all over the world while remaining connected with his roots at home. A long time Extentia friend and supporter, Extentia was proud to have him as a speaker and will continue to invite exciting and inspirational visitors in the new year.

About Gautam Godse:

Gautam Godse has over 18 years of experience in the computing, software and internet industry. He is a serial entrepreneur, having started his first business, a BBS called JabberWocky, from his bedroom just after graduating from college. That BBS led him on to start India's first private ISP, WMINet, in 1997. He then started moreLinux.com in 1999 to develop desktop Linux applications at a time when the Linux market was still untapped. He migrated to the US in 2001 and sought corporate experience in companies like NetZero and Yahoo

After working in the corporate world for eight years, he is finally getting back to his entrepreneurial roots and in his new role as Software Director he leads the consulting and products division at the Big Nerd Ranch.

Suzlon Engages Marathon Capital to Advance Customer Financing Solutions

2009-12-23T00:22:00.003+05:30

Suzlon Wind Energy Corp., the North American subsidiary of Suzlon Energy Limited (SEL) - the world's third largest wind turbine group* - announced the appointment of Marathon Capital, LLC, a renewable energy-focused investment bank, to explore and identify innovative financing strategies for wind turbines and their associated costs.

About Suzlon Energy Limited:

Suzlon ranked as the world's third* leading wind turbine supplier in terms of market share in 2008. Suzlon has ranked as the leading manufacturer in the Indian market for ten consecutive years, maintaining over 50 per cent market share.

Suzlon has its corporate offices in Pune, India and the company's global spread is reflected in its projects and markets portfolio - extending across Asia, Australia, Europe and North and South America.

Suzlon is a highly vertically integrated wind turbine manufacturer with manufacturing capability along the full value chain - from components to complete wind turbine systems. For more information on Suzlon, please visit: www.suzlon.com.

To read more, please, visit PRNewsWire

Talentica Ranked amongst the Fastest Growing Technology Companies on the Deloitte Technology Fast 500 Asia Pacific 2009

2009-12-22T23:56:00.002+05:30

Talentica Attributes its 114.3 Percent Revenue Growth to Employee Commitment and Hard Work:

Talentica Software today announced that it ranked as one of the Deloitte Technology Fast 500 Asia Pacific 2009, a ranking of the 500 fastest growing technology companies in Asia Pacific. Rankings are based on percentage revenue growth over three years.

Talentica grew 114.3 percent during this period.

Talentica's CEO, Nitin Shimpi, credits the employees with the company's 114.3% revenue growth over the past five years. He said, "We feel honored to have received this award. I owe this award to my employees. Their hard work and commitment towards excellence has driven us this far and will take us further ahead."

"Attracting enough customers to attain such fast growth over three years makes a strong statement about the quality of a company's product and its leadership," said Ian Thatcher, partner in charge of Deloitte's Technology Fast 500 Asia Pacific program. "Talentica Software has shown the right stuff for growth."

Technology Fast 500 Asia Pacific selection and qualifications:

The Technology Fast 500 list is compiled from Deloitte's Technology Fast 50 Asia Pacific programs, nominations submitted directly to the Technology Fast 500, and public company database research. To qualify for the Technology Fast 500, entrants must have had first year operating revenues of at least US$50,000.

Entrants must also be public or private companies headquartered in Asia Pacific and must be a "technology company," defined as a company that owns proprietary technology that contributes to a significant portion of the company's operating revenues; Manufactures a technology related product, or devotes a significant proportion of revenues to the research and development of technology.

About Talentica Software (I) Pvt Ltd:

Talentica Software helps small and mid-sized technology companies take advantage of global talent to reduce time to market and R&D costs. Talentica's Build-Operate-Transfer service enables its customers to extend their R&D teams offshore and cut R&D costs by over 40% while continuing to innovate. Unlike other offshore consulting companies, Talentica is focused on core development for ISVs and Web 2.0 companies. All of Talentica's developers are experienced engineers from the top 15 engineering schools in India - ensuring that its clients get much higher productivity and better quality without a high communication overhead. Talentica works for some of the world's most innovative companies - ranging from startups to companies with established products.

press release

ElectroMech to set up advanced facility in Chennai

2009-12-21T19:32:00.004+05:30

"We will set up a new facility in Chennai at an investment of Rs 10-crore in 2010. The proposed plant will initially manufacture around 200 units annually," ElectroMech Managing Director Tushar Mehendale told PTI

ElectroMech has recently completed the second phase of expansion in its Pune facility and has scaled up production capacity from 1,200 to 2,000 units annually.

To read more, please, visit Business Standard

Power generation unit, using solar thermal technology, to come up at Shive, a village in Khed taluka, 45 km from Pune

2009-12-21T07:50:00.005+05:30

Union government and Thermax Ltd. Joint Venture

Unlike the conventional system of power generation, this plant will use solar energy to heat water and the steam will rotate the turbine to generate 250 kW power for the village.

The project will begin in the next 18 months, during which time Thermax will set up aluminium mirrors that will track the sunlight for higher heat generation. Of the three acres of land donated by the villagers, 80 per cent of it will be utilised to set up aluminium mirrors. Thermax will also set up a boiler, which will use bio-waste sourced from the village to produce electricity for a maximum two hours. It will work as a power back-up for the village. The total project will supply a minimum of 10 hours of electricity to the village, company officials said.

After commencement of the project, Thermax will maintain and run the project for five years. The government will bear the maintenance cost.

Of the total project cost of Rs 15 crore, the Union government will invest Rs 13 crore and the rest will be borne by Thermax.

If the experimental project succeeds, the village will be the first in the country to have its own electricity generation plant. What's more, the Shive model will likely be replicated across the country with public-private partnership.

To read more, please, visit The Times of India

Rs one lakh crore for renewable energy projects - Union minister of state for Science and Technology Prithviraj Chavan

JCB eyes 10-15% sales growth in 2010

2009-11-25T08:49:00.002+05:30

Construction equipment manufacturer JCB India is eyeing a 10-15 per cent increase in its sales next year on the back of the global economic revival and a huge pipeline of big-ticket infrastructure projects being in the offing.

"The economy is reviving...Sectors such as real estate and power are picking up. We expect a 10-15 per cent jump in our sales in CY'2010," JCB India's Associate Vice-President (Marketing) Amit Gossain told PTI here today.

The company has a target of over 12,000 machine sales by December 31 this year, Gossain said, adding this may go up by another 130-180 machines in the next calender year.

JCB India, a fully-owned subsidiary of the UK-based JC Bamford Excavators, manufactures products such as tracked excavators, wheel loaders, backhoe loaders, vibratory compactors, telehandlers, skid steers and soil componators.

The company, which did not show a good performance in the last quarter due to the global downturn, is expecting to clock a healthy profit in the next quarter.

However, Gossain did not divulge the amount of profit the company expects to clock.

The company has three plants in India (one in Haryana and two in Pune). It has 48 dealers and over 320 outlets pan-India.

To read more, please, visit Business Standard

C-DAC to launch ONAMA Cluster Solutions for academic and research institutions

2009-11-14T06:27:00.004+05:30

Centre for Development of Advanced Computing (C-DAC) will be launching its Open Source based High Performance Computing (HPC) Cluster Solution with relevant domain specific applications called ONAMA to help promote promoting high-end research at the academic level.

It has been specially designed and packaged for premier academic and research institutions to proliferate HPC into the educational curriculum at the nascent stage, thereby promoting highend research at the academic level," Director General, C-DAC Rajan T Joseph told reporters.

This HPC cluster solution will be launched on Saturday, November 14 '09, at the one day Technology Symposium on `High Performance Computing in Academia and Beyond' for Engineering faculty organized by the Department of Computer Engineering and IT, College of Engineering, Pune and C-DAC. Read More

NVIDIA, International Graphic Processing Unit (GPU) leader, to enter rural Indian web-based education field

2009-11-13T08:25:00.007+05:30

Sarva Shiksha Abhiyan:

International Graphic Processing Unit (GPU) leader NVIDIA is set to enter the Indian education field. It will contribute to the central government-backed Sarva Shiksha Abhiyan (SSA) through its high performance computing products, which would be used in web-enabled IT education tools in classrooms to enhance quality of learning.

"Enhancing web-based education is the key to growth of education. More so in rural areas. This is relevant because broadband network has already entered and 3G network is going to enter the Indian market. Multimedia is the most effective IT tool for teaching now, especially use of video on the Internet," Director - Pune Development Centre and Chief Mentor, NVIDIA, Commodore Anand Khandekar (retd) told Sakaal Times.

In these circumstances, the need is for telecom technology that would allow a broader width of the network to allow lot more multimedia content through Internet.

"Video of eminent teachers talking about their subjects could be one of the drivers of e-classroom concept. Since quality teachers can't go to rural areas, we can have quality teaching being imparted live on the Internet using attractive tools like multimedia. There was no device earlier to receive the content on the IT equipment. Now it is there," Commodore Khandekar said. Read More

You can hold conferences through K-Talk

2009-11-10T08:59:00.002+05:30

Pune-based information technology company Great Software Laboratory (GS Lab) will launch an innovative mobile conferencing tool, called K-Talk, soon. The company has applied for an approval from the Telecom Regulatory Authority of India (Trai) to launch the service.

'It is an audio conferencing system which can be monitored and carried out with a mobile phone thereby making the process hassle free,' said Atul Narkhede, vice-president (engineering) at GS Lab."

To read more, please, visit DNA

Chief minister of Goa, Digambar Kamat, launches 'Gauri' software at the Margao sub-registrar's office

2009-11-10T07:37:00.002+05:30

Gauri software will facilitate registration of property papers quickly so that citizens can obtain the documents within 30-40 minutes. Earlier, the same task took 15-20 days.

State registrar V G Salkar told TOI that the software has five modules -- civil registration of marriages, sub-registration of documents such as sale deeds, gift deeds or any transaction pertaining to immoveable property, notarial functions, registration of forms like partnership forms and registration of societies.

Gauri has been built to meet Goa's requirements of coping from old Portuguese records by Pune's CDAC.

The Times of India

Serum Institute Pune develops meningitis vaccine

2009-11-10T07:27:00.002+05:30

Pune-based Serum Institute of India Ltd (SIIL) will soon bring out India's first indigenously developed meningitis vaccine. The vaccine, which has completed phase 1, 2 and 2/3 of testing in Africa and India, will be first introduced in Africa in 2010.

Serum Institute additional medical director Dr Prasad Kulkarni said, “A few years ago, we were contacted by Meningitis Vaccine Project, a partnership between World Health Organization and Path, an American NGO, to see if we would be willing to develop and mass manufacture a vaccine at an affordable price for Africa. We accepted the project.”

To read more, please, visit sakaaltimes

Global IT Networks India exceeds expectations

2009-11-10T06:30:00.004+05:30

Global IT Networks has successfully completed its first quarter bagging major clients in India and exceeded in performance expectations

Global IT Networks Ltd, UK based company that has recently started their Indian operation exceeds the initial expectations and has generated sales revenue of Rs 2 Cr. Global IT Networks, (India Operation) attributes its success to taking calculated efforts in acquiring key accounts from major European countries like Netherlands, Germany and the US as well.

Global IT Networks started its operations in Pune (Oxford of East) in the May 2009 and has already crossed Rs 2 Cr in sales revenue. Pune today is fast emerging as an InfoTech hub, and making its presence felt to biggies like Bangalore and Mumbai to emerge as one of the top contenders for the 'Silicon Valley of India'. Pune is also home to well known IT giants like Wipro, Infosys, Satyam, Tata Technologies, TCS, Kanbay, Veritas, Cognizant, PCS and Tech Mahindra's British Telecom.

Global IT Networks founded in 2002 in UK with a mission of supplying quality hardware of Cisco, Juniper, and Nortel to IT and Telecom companies. As a part their global expansion, GIN has started its operation in India and Russia.

While explaining their strategic growth plan in depth, Indian operation Director Umesh Kulkarni proudly mentioned that team work is the key to our success. Other team members including Pravin, Sanket, and Vinayak helped a lot in generating leads and converting leads into clients. Next quarter apart from generating sales revenue, our major target is developing business processes for smooth and streamlined operations.

"I am amazed by the resourcefulness, integrity and dynamism shown by our Indian team," says Serge (Director -UK).

indiaprwire.com

Bajaj Auto and Nissan-Renault to announce the details of their ultra low-cost car

2009-11-10T06:04:00.002+05:30

Bajaj Auto and Nissan-Renault have resolved their differences and are set to announce the details of the proposed joint venture for making the ultra low-cost car on Tuesday. Nissan Renault CEO Carlos Ghosn met Bajaj Auto MD Rajiv Bajaj Monday evening to settle issues relating to branding and the basic concept of the car that were delaying the project.

With Rajiv Bajaj being the only partner Mr Ghosn met in this current visit to India, it seems likely that the $2,500 car will be Nissan-Renault’s flagship project in India. The two partners have decided to go to market together with the ultra low-cost car.

The Economic Times

Bharat Forge to take part in bidding for NTPC tender

2009-11-10T05:37:00.001+05:30

Bharat Forge, the world's largest automotive forging maker, today said the company in joint venture with Alstom will take part in the second round of bidding to supply power generation equipment to NTPC.

The Pune-based forging maker is hopeful of receiving orders worth at least Rs 3,500 crore.

To read more, please, visit mydigitalfc.com