R S Sumedh

Corporate Corner – September 2023

Andhra Chamber Launches Women of STEAM Forum Andhra Chamber marked its 95th year of establishment by inaugurating the Women of STEAM Forum.  STEAM encompasses Science,...

Aban Offshore braces for hard times

Last week, Aban Offshore, the Chennai-based company that provides drilling services to oil companies, announced it had entered into an agreement with the Central...

Corporate Corner — August 2022

CETEX PETRO CHANGING HANDS S Ilanahai, Managing Director, Chennai-based, Rs 300-crore petrochemicals manufacturer, Cetex Petrochemical, has decided to sell his stake. Confirming this to Industrial...

Turkey and Iran overtake India

When Dr V Sumantran, the renowned automotive and aerospace technologist, was a student at the Indian Institute of Technology, Madras, he was shown an...

IIT-M works on travel at 1000 kmph!

Hyperloop - a vacuumised tube in which a pod carrying people or cargo travels at speeds exceeding 1000 kmph – has caught the fancy...

Sarees from bamboo fibres

Saravanavelan and his business partner Ravi, go from door to door, selling sarees. Each carries two large bags of handloom sarees. A substantial part...

Corporate Corner: Wind manufacturing developing rapidly in TN

A Danish company LJM, recently inaugurated its new manufacturing plant at Oragadam, near Chennai. The company manufactures hydraulic cylinders for wind turbines. LJM will...

Corporate Corner: Installed power capacity crosses 400,000 MW

In April India's total installed electricity generation capacity has crossed the 400-GW-mark, according to the Central Electricity Authority (CEA). At the end of April 2022,...

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Aditya Birla Group buys Shell’s renewable arm for $1.8 bln

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Retail Inflation crosses 4% in June

“Food inflation contributed 185 basis points (bps), while non-food...