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A potential sale of the PPE business was disclosed before activist Elliott Investment called for a split of the company's aerospace and automation businesses after taking a $5 billion-plus stake
In 2020, Schneider Electric completed the purchase of Larsen & Toubro's switchgear business which was acquired by Schneider Electric in 2020
Dr Hema Bajaj, Ruhie Pande, Amit Das, and Dr Suryanarayan G Iyer speak with Nivedita Mookerji at the BSmart HR Conclave on the growing skill gaps and evolving workforce dynamics
The Indian unit of US-based Honeywell International reported a profit of Rs 137 crore (around $16 million), compared to Rs 103 crore a year ago
Bengaluru-based startup will use Series A financing to expand business
The industrial automation equipment maker, which completed 40 years in India in 2023, counts many manufacturing giants, including Reliance Industries, Mahindra Group and MRF, as its customers
At the end of the third quarter, our patents portfolio stood at 1,249, out of which 811 are co-authored with customers and the rest are filed by LTTS
In his new role, Bawa will be responsible for driving the growth and adoption of SAP BTP across the globe
The company, said to be exploring different ways to save on employee costs, has laid off a few employees for 'poor performance'
The retail and cloud-computing giant on Tuesday said the latest iteration of its Just Walk Out technology uses radio frequency identification, or RFID, tags to keep track of apparel
In July, Infosys signed a $2 bn deal with an existing client to provide AI and automation services for five years
CNC machine manufacturer Jyoti CNC Automation Ltd has filed preliminary papers with capital markets regulator Sebi to raise Rs 1,000 crore through an initial public offering (IPO). The company's maiden public issue is entirely a fresh issue of equity shares with no offer for sale (OFS) component, according to the draft red herring prospectus (DRHP) filed on Friday. The company may consider a pre-IPO placement of equity shares worth Rs 200 crore. If such placement is undertaken, the size of the fresh issue will be reduced. Proceeds from the issue would be used for debt payment, funding long-term working capital requirements of the company, and general corporate purposes. Jyoti CNC Automation is one of the leading manufacturers of computer numerical control (CNC) machines and has customers in varied sectors. The company's customers include ISRO, BrahMos Aerospace Thiruvananthapuram Ltd, Turkish Aerospace, Uniparts India Ltd, Tata Advances System Ltd, Tata Sikorsky Aerospace Ltd, Bha
The Addverb journey began at Asian Paints, where the co-founders Sangeet Kumar, Prateek Jain, Bir Singh, and Satish Kumar Shukla, worked on automating warehouses
That's one of the takeaways from a new report by the research arm of consultants McKinsey & Co. that examines US labor-market trends through the end of 2030
IT consulting company KaarTech on Monday said it raised USD 30 million, about Rs 245 crore, from Mumbai-based investment firm A91 Partners. Gautam Mago and Kaushik Anand from A91 Partners will join the board of KaarTech. "The partnership with A91 will catapult KaarTech into an unprecedented era of expansion, propelling us towards our aspiration of going public, despite our humble bootstrapped origins. This association will bolster our ability to expand geographically and augment our services portfolio in-organically," KaarTech CEO Maran Nagarajan said. The partnership aims to fuel Chennai-based KaarTech's organic and inorganic growth across existing markets in the Middle East, the European Union and North America Founded in 2006, KaarTech specialises in digital services with expertise in discrete manufacturing, professional services automation, process manufacturing and consumer packaged goods. With a team of over 2,000 employees, KaarTech has doubled its revenue in the last 24
Wendy's is one of several restaurants incorporating AI and automation to improve customer service
A global food major uses ICT-based tracks for packaging a variety of its products at a factory in western India. Frictionless propulsion makes it 30 per cent faster than traditional conveyor systems
Shifting to a flexible, diverse, and digital work model may bring 7.7% higher profit growth and 6.7% higher revenue growth
Cipla expects elevated capital expenditure on automation to continue for three more years, a senior official has said. The city-headquartered company started its investment journey on the automation front two years ago and has already been recognised for its work by multiple bodies, Geena Malhotra, the chief technology officer for the company, told PTI recently. The World Economic Forum (WEF) has recognised one of its four manufacturing units as a 'lighthouse' project for being replicated across the world, Malhotra said, adding that the company will be implementing the same across all of its 42 plants. "On investments, we have done both regular capital expenditure and also additional investments. We have made a good amount of investments in the last two years and will be investing for about 3-4 years more in this journey," Malhotra said. The company, however, did not disclose the financial details of its automation spends. The journey on automation has its roots in a decision Cipl