Author: em@pi-india
Jindal (India) Limited, part of the B.C. Jindal Group and one of India’s leading downstream steel product manufacturers, has received Letter of Approval (LoA), through its wholly owned subsidiary, Jindal India Steel Tech Limited (JISTL), for setting up a green-field steel manufacturing plant in Dhenkanal, Odisha. The company received the project approval during the High-Level Clearance Authority (HLCA) meeting, chaired by the Hon’ble Chief Minister of Odisha, Shri Mohan Charan Majhi. Jindal (India) Limited’s JISTL plans to invest a total of Rs 15,000 crore in Odisha in three phases by 2030, with the current Rs 3,600 crore investment marking the…
An Exclusive interview with Roby John, CEO and Co-founder of SuperGaming 1. SuperGaming has positioned Indus as “India’s most ambitious game to date.” Can you walk us through the creative vision and cultural inspirations that shaped Indus, and how you see it contributing to India’s global gaming identity? The creative vision behind Indus was clear from the start: to do for India what Black Panther did for Africa. Just as Wakanda introduced the world to Afro-Futurism, Indus introduces Indo-Futurism: a reimagining of what the Indus Valley Civilisation could have become if it had advanced into the stars instead of vanishing…
The strategic acquisition, previously announced, is now complete. With the acquisition of the GF Machining Solutions Division of Georg Fischer AG, the UNITED GRINDING Group expands its portfolio to 15 brands. The new group operates under the name UNITED MACHINING SOLUTIONS and, with total sales of over USD 1.5 billion, has become one of the largest machine tool manufacturers in the world. With the takeover of the GF Machining Solutions Division of George Fischer AG by the UNITED GRINDING Group, one of the largest machine tool manufacturers in the world has emerged – with total sales of over USD 1.5…
Solitaire, the flagship brand of Supertron Electronics, proudly announces its latest breakthrough innovation – the Solitaire PTK 7080, a next-generation 4K webcam set to transform the future of virtual communication. With intelligent AI integration and uncompromising video and audio performance, the Solitaire PTK 7080 is built for professionals, educators, creators, and hybrid teams who demand precision, clarity, and intuitive control. “We are proud to unveil a product that doesn’t just meet today’s collaboration needs – it anticipates tomorrow’s expectations,” said Dr. Ramya Chatterjee, Chief of Solitaire and Director & CEO of Prointek. “The PTK 7080 is designed to empower users…
In continuation to the announcement of 17th October 2024, and post receiving approval from CCI on 22nd April 2025 for the transaction, BFL successfully concluded the acquisition of AAM India Manufacturing Private Limited (AAM India) at an Equity Value of Rs 7,464.6 million including Cash on books of the acquired entity of Rs 1,894.8 million. This cash is available for addressing future growth opportunities. The final equity value is subject to Net Working Capital adjustments as of June 30, 2025. We are acquiring an entity which has a formidable name in the automotive products space, supplying to all major OEMs…
TVS Motor Company today launched a new variant of its flagship electric scooter, TVS iQube with 3.1 kWh battery that offers an IDC range of 123 km, hill hold and dual tone design.This latest addition builds on the company’s refreshed EV portfolio with enhanced range and features. With this, the TVS iQube portfolio now offers an array of six variants, making this one of the widest and most compelling portfolio in the segment. With over 600,000 units sold and presence in over 1900 touchpoints, TVS iQube continues to be India’s favourite family EV, helping accelerate India’s transition to clean mobility.…
Aligned with the National Quantum Mission, the launch marks a significant step towards the adoption of quantum-safe solutions for enterprise and defence security In a decisive move towards securing digital infrastructure against the rising threat of quantum-enabled cyberattacks, QNu Labs, India’s first and world’s no. 1 end-to-end integrated quantum safe cybersecurity platform provider, has announced the launch of two innovative solutions, QConnect and QVerse. Both these platforms have been fully conceptualized, designed, built, deployed and commercialized in India and globally. These platforms get deployed easily by integrating with existing infrastructure across Defence, Government, Telecom, BFSI, Healthcare, Energy, Automobile, PSU and…
In a significant leadership transition, Switch Mobility India has announced that Ganesh Mani will take over as Chief Executive Officer from September 1, 2025. He will succeed S Mahesh Babu, who is stepping down from the role to explore opportunities outside the Hinduja Group. Mani currently serves as the Chief Operating Officer of Ashok Leyland and will now shoulder dual responsibilities to further strengthen the group’s electric vehicle (EV) vision. Mahesh Babu, who has been instrumental in establishing Switch as a prominent name in India’s EV commercial vehicle segment, will remain with the company until August 31 to ensure a…
EKA Mobility, a key player in India’s electric commercial vehicle segment, has announced the appointment of Sanjay Kumar Bohra as its new Chief Commercial Officer (CCO). Bohra brings over 37 years of leadership experience in finance, banking, and business process services. He previously served as Group CFO at Force Motors and held senior roles at Citigroup and Tata Consultancy Services. In his new role, he will drive EKA’s financial and commercial strategy, focusing on growth initiatives, operational efficiency, and long-term value creation. Welcoming Bohra to the team, Dr. Sudhir Mehta, Founder and Chairman of EKA Mobility, said that Bohra’s deep…
Xiaomi has made a powerful entry into the electric SUV market with its newly launched YU7, receiving an overwhelming response from customers in China. The company announced that it had secured nearly 2.89 lakh orders within just one hour of opening bookings on 26 June 2025. Positioned as a direct rival to Tesla’s Model Y, the Xiaomi YU7 is priced at approximately 2,53,000 yuan (around USD 35,000), making it a more affordable option with strong specifications. The vehicle is offered in both single and dual motor variants, with a top version providing a claimed range of up to 830 kilometres…
