Stay updated with the latest foundry news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on foundry topics.
The decision comes amid efforts to ensure stable supply of LPG for industries. ShowQuick Read Summary is AI-generated, newsroom-reviewed * The government directed states to allocate more LPG to key industrial sectors amid supply disruptions * Major industries will receive 70% of LPG based on pre-March 2026 consumption levels * Sectors like pharma, food, polymer, and agriculture will benefit from increased LPG supply Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: ...Read More >
New Delhi, April 8 (SocialNews.XYZ) The Centre on Wednesday announced that increase in the commercial LPG limit to 70 per cent of the pre-March 2026 bulk consumption level will be extended to industrial units in the pharma, food, polymer, agriculture, packaging, paint, uranium, heavy water, steel, seed, metal, ceramic, foundry, forging, glass, and aerosol sectors. The increase will be subject to an overall sectoral limit of 0.2 thousand metric tonnes per day. Besides, conditions regarding regi ...Read More >
New Delhi: The Centre on Wednesday allowed 70 percent commercial LPG allocation to a wide range of industrial sectors including pharma, ceramics, agriculture and others that cannot shift to natural gas. A notification issued by the Ministry of Petroleum and Natural Gas to all states and Union Territories, said that industrial units in the sectors of pharma, food, polymer, agriculture, packaging, paint, uranium, heavy water, Steel, seed, metal, ceramic, foundry, forging, glass, aerosol and other ...Read More >
NEW DELHI: India's vast informal industrial sector using coal is cautiously building buffers, with brick kilns, small foundries and other smaller energy-intensive units gradually stockpiling the fuel in anticipation of a price increase triggered by global price pressure amid the West Asia crisis. Industry participants said the trend picked up over the last one week as these units, typically operating outside long-term fuel linkages, now anticipate higher spot prices led by international coal pr ...Read More >
Management attributes growth to expansion in the company's electric-vehicle traction-motor and railway businesses. Auto component maker Sona BLW Precision Forgings Ltd (Sona Comstar) on Monday reported its highest-ever quarterly performance in Q2 FY26. The company's revenue from operations stood at ₹1,144 crore, up 24 per cent from ₹922 crore a year earlier. EBITDA rose 13 per cent to ₹289 crore from ₹256 crore in the same quarter last year, with a margin of 25.3 per cent, Net profit af ...Read More >
SOHRA, Oct 24: Scientists at the National Institute of Technology (NIT) Meghalaya and the North Eastern Space Applications Centre (NESAC) have embarked on a joint research project to develop new methods to improve 5G and 6G connectivity in Sohra, the rainiest place on Earth. After shifting to their permanent campus here earlier this year, researchers found themselves "fascinated and occasionally frustrated" by the sheer size of each raindrop that falls over Sohra in the state East Khasi Hills d ...Read More >
South Korean tech giants LG Electronics and Samsung Electronics are significantly increasing their investment in India's engineering talent, recognising the nation's shift from cost-competitiveness to capability superiority. This strategic move highlights India's growing role as a global hub for semiconductor design and high-tech R&D, bolstering its position in the global innovation value chain. India's technology ecosystem is at a pivotal juncture. Long known for its prowess in software servic ...Read More >
New Delhi, July 20 (SocialNews.XYZ) The way we are building capital equipment and materials needed to build semiconductors, India will become one of the top-5 semiconductor nations in the coming years, Union Electronics and IT Minister Ashwini Vaishnaw said. Highlighting the country's rapid progress in the semiconductor sector, the minister emphasised that India is now creating the full ecosystem -- from chip design to manufacturing -- that will help it emerge as a global hub for semiconductors ...Read More >
Tata Electronics and Robert Bosch GmbH have partnered to enhance the electronics and semiconductor ecosystem in India. The collaboration focuses on chip packaging and manufacturing at Tata Electronics' facilities in Assam and Gujarat. Both companies will also explore local projects in vehicle electronics, aiming to strengthen the supply chain and meet the rising demand for advanced automotive electronics. Electronics manufacturer Tata Electronics has signed a pact with German technology firm Ro ...Read More >
Chennai: Madras high court has clarified that private self-financing medical colleges are required to pay only a stipend, and not a full salary, to in-service govt doctors pursuing postgraduate or super-specialty courses under the govt quota.A division bench of Justice R Subramanian and Justice K Surender passed the order while partly allowing a batch of appeals moved by Karpaga Vinayaga Medical College and others. They challenged a single judge's order that directed private colleges to pay sala ...Read More >
New Delhi: The power ministry on Tuesday launched a ₹1,000-crore scheme to support micro, small and medium enterprises (MSMEs) in adopting energy-efficient technologies. Under the Assistance in Deploying Energy Efficient Technologies in Industries & Establishments (ADEETIE) scheme, the government will provide an interest subvention of 5% for micro and small enterprises, and 3% for medium enterprises on loans. The scheme is also designed to offer end-to-end handholding through investment-grade ...Read More >
Mumbai (Maharashtra) [India], May 4 : Ad Enterprises on Thursday posted a 137 per cent jump in its profit after tax to Rs 722 crore for the quarter ended March 31, 2023, against Rs 304.34 crore in the year-ago period. The total income of the Ad Group's flagship firm went up 26 per cent to Rs 31,716 crore during the reviewed quarter whereas its Ebitda surged 157 per cent to Rs 3,957 crore in the March quarter over the figure of the previous year's quarter. The firm added that this jump in Ebitda ...Read More >
Samsung's facing a lot of crises and the company has unable to chart a clear path forward, particularly in the semiconductor market, where its foundry is lagging behind, its next-gen memory products are struggling to compete against SK Hynix, and legacy products are under pressure from Chinese companies. The company does a significant employee reshuffle across the entire organization every year. The process has started a bit earlier this time around as there's very much a sense of urgency to im ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.