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Sona Koyo to launch power steering for small tractors next yr

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Press Trust of India New Delhi
Last Updated : Dec 06 2015 | 6:13 PM IST
Auto components maker Sona Koyo Steering Systems (SKSS) plans to launch next fiscal the power steering technology for small tractors in the domestic market.
"We have developed an electronic power steering for agriculure tractor application. The technology has been extensively tested in India and it will be launched in the next fiscal," SKSS Executive Chairman Kiran Deshmukh told PTI.
The company is already exporting power steering technology called Electronic Power Assisted Module (EPAM), developed for off-road vehicles four years back, to the US market. The same technology is being adopted for small tractors in India, he said.
At present, power steering is available in big tractors alone and it cannot be fit into small tractors due to lower engine capacity and space constrain, he said.
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Radiolocus plans expansion with 30 more installations * Radiolocus, a homegrown offline analytics firm for retail companies, is looking to expand its footprint with more than 30 installations of its wi-fi based device to record customer behaviour patterns this month.

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"Radiolocus is in the process of installing 30 more devices by December-end, taking the count to over 80 installations," Harshal Vora, chief executive and founder of Radiolocus, told PTI.
The company -- which is operational since 2013 and has a presence in the US, Australia, the Middle East and the UK besides India -- is looking to help retailers transform into omni-channel operations.
Bajaj Allianz launches Global Personal Guard policy
* Bajaj Allianz General Insurance launched a new personal accident insurance, Global Personal Guard policy, providing worldwide protection against situations such as death, permanent total disability and permanent partial disability.
The plan, along with the base covers, also offers 12 add-on covers that one can choose from. It provides features such as cover for adventure sports, air ambulance, fractures and EMI payments that take care of one's financial liabilities due to any untoward event.
The policy also offers the flexibility to choose the covers according to an individual's need. The new policy offers sum insured ranging from Rs 50,000 to Rs 25 crore.
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Tata Steel inaugurates 'High Wall Mining' method in Jharkhand * West Bokaro Divison of Tata Steel today inaugurated 'High Wall Mining' method for coal extraction at its south eastern quarry in Ramgarh, Jharkhand.
High Wall Mining is the most eco-friendly and safest method of extraction of coal as it does not require any personnel to go underground.
Expected production from 'High Wall Mining' method is five
lakh tonnes per annum. This technology will help in extracting 30-35 per cent of the blocked natural resource.
Tata Steel, India and South East Asia MD, T V Narendran inaugurated the project.
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SillyMonks raises Rs 3 cr, plans to launch 6 web series * Digital and entertainment startup SillyMonks has raised Rs
3 crore from Ektha Group CMD Sreenivasa Reddy Musani.
The Hyderabad-based firm plans to launch six web series properties on their YouTube channel 'Silly Tube', encouraged by success of the first Telugu web series, Muddapappu Avakai.
In June 2014, SillyMonks had raised funds from angel investor, Korrapati Ranganatha Sai of Vaaraahi Chalana Chitram. It clocked revenues of Rs 4.75 crore in 2015-16 and in the current year, the company anticipates 50 per cent growth.
"The funds raised will further secure and maximise return on investment for our clients, by delivering new digitally immersive online experiences to a highly connected customer base and help create innovative original content," SillyMonks founder and MD Sanjay Reddy said.
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Sumer Group appoints Rahul Shah as CEO
* Realty player Sumer Group has appointed Rahul Shah as the new Chief Executive Officer.
Rahul will be responsible for all real estate developments of the group and will continue to work towards the exponential growth of the Mumbai-based firm, the company said in a statement today.
PayUmoney appoints Pradeep Shekhawat as Head of SMB Business
* Digital payment firm PayU India today announced that Pradeep Shekhawat will head the company's SMB Business division.
"Our SMB Business is one of our premier business in India and it continues to be a key contributor to PayU India's success. Pradeep's broad experience, competencies and strong leadership skills make him the right choice in steering this core business of ours," Nitin Gupta, Co-founder & CEO, PayU India said in a statement.
Shekhawat, an alumnus of IIT-Bombay and IIM-Bangalore, will have the task of looking after the strategic growth and expansion of SMB Business, a wing initiated towards the growing MSME and startup sector in India.
Before joining PayU, Shekhawat was leading the team of Marketplace Health for Snapdeal. He has also been the Head of MasterCard Advisors, focusing on payments consulting, working across banks, mobile wallet providers in South Asia region.
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Accenture, READ India launch rural development center in Kar * To train more than 150 underprivileged women and young girls and improve their livelihood, Accenture and READ India have launched a rural community development center in Bagepalli in Karnataka.
"The overarching goal is to encourage other non-profit and co-funding partners to work together to build an initiative that has far reaching impact and is based on a scalable model with sustainable outcomes," Rekha M. Menon, chairman and managing director, Accenture in India said in a statement.
The initiative will provide life and work-skills training in areas such as self-confidence, gender sensitisation, sewing and stitching, computer skills, local crafts and reading and writing.
The new center will include a multimedia and communications room, an IT area for ICT-based learning, a library and places where women can attend classes, participate in trainings and receive medical examinations.
Sarva Dharma Samanvaya Trust, which has been running a school for children at Bagepalli since 2001, is providing the space for the center, the statement said.

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First Published: Dec 06 2015 | 6:13 PM IST

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