Developed by WIN Automation, a part of Wipro Infrastructure Engineering, ClearWalk is a two metre-long enclosure fitted walkway. ClearWalk is fitted with spray nozzles that create fine water particles (between 50 and 100 microns) in a turbulence to give maximum coverage to the person walking through, said the company.
In a letter to Finance Minister Nirmala Sitharaman, the Confederation of ATM Industry (CATMi) mentioned that it has been recognised by the government as a crucial player to further the financial inclusion. The COVID-19 situation has caused a sharp decline in the ATM transactions and has posed severe business challenges to the ATM industry, the CATMi stated.
Production at the facility will commence by the end of this week post completion of mandatory safety check and training of personnel on precautionary measures like physical distancing, the company said in an exchange filing.
BHEL has floated an Expression of Interest (EOI) inviting global companies to partner with it and leverage its facilities and capabilities for setting up manufacturing base in the country," a BHEL statement said.
Another EPC (engineering, procurement and construction) order has been bagged from Birla Copper, a unit of Hindalco Ltd, to revamp its Copper Smelter complex at Dahej, Gujarat, L&T said adding the scope of work includes re-engineering, refurbishment of operating plant facilities.
RITES Chairman and Managing Director Rajeev Mehrotra said, "We are trying our best to minimize COVID-19 impact on the company. Employees are being encouraged to work-from-home on pan-India basis except those handling essential services.
In a regulatory filing the company said the factories arm of buildings and factories business has secured an order from a leading cement maker to execute and commission a plant with a production capacity of 9,500 tonnes per day at Ametha in Katni, Madhya Pradesh.
Though the company did not specify the exact amount of the orders, an order under the 'significant' category ranges between Rs 1,000 crore and Rs 2,500 crore.
L&T Construction on Thursday said it has bagged major contracts for its power transmission and distribution business in India and abroad.
Engineering and construction giant Larsen & Toubro on Wednesday said it has won a 'large' contract from the Indian Oil Corporation for capacity expansion of IOC's Barauni Refinery in Bihar.
State-run engineering firm BHEL on Wednesday said the company and its employees have contributed a total of Rs 15.72 crore to the PM-CARES Fund to fight the COVID-19 pandemic.
The company, which has stopped work at over 500 live projects, will support about 160,000 contract workers by continuing to pay their wages during the ongoing lockdown and providing them with food and basic amenities at labour camps, while maintaining the COVID-19 prevention and containment protocol.
The moratorium on loan repayments should be extended at least to six months to one year for exporters, since the global economy is set to be slipping into a recession, said EEPC India chairman Ravi Sehgal.
"In compliance of Government directives to prevent and contain the spread of Novel Coronavirus (COVID-19) and to ensure the health and safety of employees, associates and other stakeholders, the company shall run only essential services in all of its Manufacturing Units, Divisions and Offices from March 23, 2020, until March 31, 2020," a BHEL statement said.
Larsen & Toubro (L&T)-run investment trust IndInfravit has fully acquired eight operational road projects of Sadbhav Infrastructure at an enterprise value of Rs 6,300 crore. Of these 8 projects, 6 are toll roads while the remaining 2 are annuity roads, with total length of 2,300 km across states like Karnataka, Maharashtra, Rajasthan and Telangana.
The acquisition provides impetus to Tessolve’s chip design offering taking its overall company strength to over 2,000 engineers and cements Tessolve as a leading end-to-end provider of semiconductor engineering services.
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