NORD Drivesystems, How NORD solutions intelligently control movements

  How NORD solutions intelligently control movements  From motor to inverter: NORD supplies individual drive solutions from a single source  NORD-drives-solutions-cmyk.jpg_ico500.jpg NORD-drives-solutions.jpg: With its NORDAC frequency inverters, NORD offers solution expertise in all fields, where movements must be intelligently controlled. Image: NORD DRIVESYSTEMS Drive electronics from NORD DRIVESYSTEMS is the key to any drive application. With its NORDAC frequency inverters, the system supplier demonstrates its solution expertise also in the fields, where movements must be intelligently controlled. These can be found in various applications, which also have an influence on daily life. One example…

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SVC Bank Celebrates 118 Years of Unwavering Trust, Excellence

  SVC Co-operative Bank Ltd. (SVC Bank – formerly known as The Shamrao Vithal Co-operative Bank Ltd.) proudly celebrates its 118th Foundation Day, a testament to over a century of unwavering service, trust, and innovation. Founded in 1906, SVC Bank was born from a vision of empowering communities through co-operative banking principles and has since grown into a leading financial institution committed to fostering growth and financial inclusivity. Commenting on the achievement, Shri. Ravinder Singh, Managing Director of SVC Co-operative Bank Ltd., said, “As we celebrate 118 years of our…

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ITI Asset Management appoints Jatinder Pal Singh as CEO

Mr. Jatinder Pal Singh has been appointed as Chief Executive Officer of ITI AML with effect from January 01, 2025. Mr. Jatinder Pal Singh has over 25 years of work experience in Mutual Funds industry. He was associated with Mahindra Manulife Investment Management as a Chief Marketing Officer from September 2015 to December 2024. Prior to Mahindra Manulife Investment Management he was associated with Morgan Stanley Investment Management from October 2007 to September 2014 as a National Head – Sales & Distribution. Prior to Morgan Stanley he was associated with…

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India’s Records Significant Growth in Coal Production and Dispatch in December 2024

In December 2024, the Ministry of Coal reported a remarkable increase in coal production and dispatch, reflecting a robust performance within the sector. This growth is pivotal not only for the coal industry but also for the broader energy landscape of the nation. The surge in coal output is attributed to several strategic initiatives undertaken by the ministry and affiliated organizations, aiming to enhance operational efficiency and meet the rising energy demand. The data from December indicated a production increase of approximately 15% compared to the previous year, paralleling a…

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AIR MARSHAL JEETENDRA MISHRA ASSUMES COMMAND OF IAF’S WESTERN AIR COMMAND

Air Marshal Jeetendra Mishra has recently taken command of the Indian Air Force’s Western Air Command, a significant development that underscores both his distinguished career and the strategic capabilities of the Indian Air Force (IAF). This appointment is noteworthy, reflecting the ongoing commitment of the IAF to strengthen its operational readiness and enhance national security in a region marked by evolving geopolitical challenges. Air Marshal Mishra brings a wealth of experience to his new role, having served in various capacities throughout his illustrious career. His extensive knowledge of air operations,…

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Strong growth in India’s production of major minerals and non-ferrous metals

The fiscal year 2024-25 has witnessed a significant upswing in mineral and non-ferrous metal production, indicating a robust trajectory for the sector. This growth, observed from April to November, is attributable to a confluence of factors that collectively enhance production efficiency and market demand. Firstly, government initiatives aimed at bolstering the mining sector have played a pivotal role. Policy reforms that streamline licensing processes and encourage investment have stimulated both domestic and foreign interests. As a result, exploration activities have intensified, leading to the discovery of new mineral reserves and…

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SAIL achieves the prestigious ‘Great Place to Work’ certification from January 2025 to January 2026

The Steel Authority of India Limited (SAIL) has once again achieved the prestigious certification as a Great Place to Work, marking a significant milestone in its commitment to fostering a positive workplace culture. This recognition, awarded for the second consecutive time, underscores SAIL’s dedication to employee satisfaction, engagement, and overall organizational excellence. The certification process, conducted by the Great Place to Work Institute, involves a rigorous assessment of workplace culture through employee feedback and an evaluation of management practices. SAIL’s success in this evaluation reflects its continuous efforts to create…

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India Successfully Launches SpaDeX Mission To Join Elite Space Docking Club

The Indian Space Research Organisation (ISRO) has recently achieved a significant milestone with the successful launch of its critical space docking mission, marking a pivotal moment in India’s space exploration endeavors. This mission, designed to enhance the capabilities of India’s burgeoning space program, focuses on the intricate process of spacecraft docking—a fundamental operation for future long-duration missions and cooperation in international space exploration. The docking mission aims to demonstrate autonomous rendezvous and docking capabilities, which are essential for the assembly and maintenance of spacecraft in orbit. By simulating the conditions…

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Indigenous design and construction of three cadet training ships begins

Keel laying ceremony of the third Cadet Training Ship, Yard 18005, was held at M/s L&T Shipyard, Kattupalli, on 30 Dec 24. The ceremony was presided by RAdm Ravi Kumar Dhingra, Flag Officer Tamil Nadu and Puducherry Area in presence of RAdm G K Harish (Retd), Head Shipbuilding Business, L&T and other senior officials from Indian Navy and M/s L&T. The contract for indigenous design and construction of three Cadet Training Ships was concluded between MoD and M/s L&T on 07 Mar 23. These ships will be utilized for training…

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MoD Rs 877 crore contract signed with Naval Group

The Ministry of Defence (MoD) has recently entered into a significant contract valued at Rs 1,990 crore with Mazagon Dock Shipbuilders Limited (MDL) for the construction of an Air Independent Propulsion (AIP) plug specifically designed for the Defence Research and Development Organisation’s (DRDO) AIP system. This strategic agreement aims to enhance the endurance and operational capabilities of conventional submarines deployed by the Indian Navy. Air Independent Propulsion represents a pivotal advancement in submarine technology, enabling vessels to operate submerged for extended periods without surfacing for air. This capability is critical…

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