Aug 17: ARC Informatique, publisher of the SCADA/BMS PcVue platform, announces PcVue 17, a major release addressing critical systems challenges: energy efficiency, operational performance, and cybersecurity. Driving Energy FlexibililtyPcVue 17 improves the energy efficiency of buildings and industrial processes. By centralizing data from multiple sources within a unified ecosystem, it actively optimizes energy demand through optimized control scenarios that can include AI-based forecasting, thus…
Number of Taxpayers Earning Over Rs 100 Crore More Than Doubles in Five Years
New Delhi, Aug 17: The number of individuals reporting a gross total income of Rs 100 crore or more rose sharply by nearly 39 per cent to 576 in Assessment Year (AY) 2025-26, up from 415 in the previous assessment year, according to data shared by the Finance Ministry in Parliament. Minister of State for Finance Pankaj Chaudhary provided the figures in a written reply…
Announcement of Notification to Submit a Voluntary Conditional Cash Offer to Acquire AD Ports Group Shares
Abu Dhabi, UAE – 17th August 2026: AD Ports Group (ADX: ADPORTS), a leading global facilitator of trade, logistics, and industry, announces that it has received a notification from L’IMAD Holding Company PJSC (L’IMAD), a sovereign investor of the Government of Abu Dhabi, of its intention to submit a voluntary conditional cash offer, through its wholly owned subsidiary Abu Dhabi Developmental Holding Company PJSC (ADQ), to…
transcosmos receives Special Award for Digital Utilization in JiIT’s Best Customer Support of The Year 2026
Aug 17: transcosmos announced that it has received the Special Award for Digital Utilization at the Best Customer Support of The Year 2026 program, organized by the Japan Institute of Information Technology (JiIT). The Customer Support Award program was established to promote higher productivity, effective management, enhanced systems, and stronger customer touchpoints in customer support operations across Japanese industry and government organizations. Regardless of organizational…
Sensex, Nifty Open Lower as US-Iran War Uncertainty Keeps Crude Prices Elevated
Mumbai, Aug 17: Indian benchmark equity indices opened lower on Monday as persistent uncertainty over the US-Iran conflict and elevated crude oil prices weighed on investor sentiment. The Nifty 50 opened at 24,343.45, down 22.55 points, or 0.09 per cent, while the BSE Sensex fell more than 100 points to 77,892.92, declining around 0.15 per cent in early trade. The weakness came amid renewed concerns…
Samsung Solve for Tomorrow Names India’s 40 Young Innovators
India, Aug 17: Samsung India today announced the 40 semi-finalist teams of Samsung Solve for Tomorrow, its flagship youth innovation programme that gives young people a platform to identify challenges around them and turn their ideas into solutions through mentorship, technology, prototyping and hands-on learning. Now in its fifth edition in India in 2026, Samsung Solve for Tomorrow is open to young people aged 14 to 22 and is designed to nurture problem-solving and innovation among the country’s next generation.…
Ministry of Mines to Hold Patna Roadshow on 8th Critical Mineral Auction Tranche
Patna, August 17: The Ministry of Mines, Government of India, will organise a roadshow on the 8th tranche of auctions for critical and strategic mineral blocks along with a workshop on the National Mineral Exploration and Development Trust (NMEDT) in Patna on August 17, 2026. The programme will be chaired by Shri Satish Chandra Dubey, Union Minister of State for Coal and Mines, in the…
India’s Steel Market Set for Expansion as Consumption Targets 192 MT by 2030
Mumbai, August 16: India’s steel consumption is projected to rise to 192 million tonnes (MT) by 2030, up from around 149 MT in FY2024-25, reflecting an annual growth rate of about 6-7 per cent, according to a report by the Multi Commodity Exchange of India Ltd (MCX). The outlook points to sustained growth in steel demand as infrastructure development, construction activity, manufacturing and the transition…
Sumitomo Chemicals India Sees Strong Profit Growth, Expands Product and Manufacturing Pipeline
New Delhi: Sumitomo Chemicals India Ltd reported a resilient performance in the first quarter of FY27, with profit after tax rising around 20 per cent year-on-year to Rs 214 crore, even as revenue remained broadly flat amid challenging monsoon conditions and weaker domestic demand. The company reported revenue of Rs 1,063 crore for the quarter. EBITDA increased 6 per cent year-on-year to Rs 233 crore,…
NMDC’s Record 53.15 MT Production Marks Watershed Year; Targets 60 MT in FY27 and 100 MT by 2030: CMD
Hyderabad, 16th August 2026: “NMDC has a vital role to play in building India’s future,” said Shri Amitava Mukherjee, CMD, NMDC Ltd, as the company celebrated India’s 80th Independence Day with a renewed commitment to strengthening the nation’s mineral security, industrial growth and journey towards self-reliance. The event was graced by Shri Vinay Kumar Director (Technical), Shri Joydeep Dasgupta, Director (Production), Shri Krishna Kumar Thakur,…