Thursday, Jan 28 2021 | Time 10:37 Hrs(IST)
image
  • Sikkim records one new Corona cases
  • Colombia suspends flights to Brazil over new Covid Strain
  • Diarrhea kills 4 in Nigeria
  • Israel reports 7,412 new Coronavirus cases
  • UEFA confirms plans to conduct Euro 2020 in 12 cities, will decide on spectators in April
  • Nine policemen wounded in Lebanon's Tripoli from grenade blasts during protests
  • Three arrested from UP for robbery in Thane
  • Six die in separate road accidents at Shimla
  • Covid-19: 123 new cases detected in Nashik
  • One held with mandul snake in Nashik
  • R-Day violence: FIR against Yogendra Yadav, Rakesh Tikait, Medha Patkar, 34 others
  • Over 50 peopled killed in traffic accident in Cameroon - Reports
  • R-Day violence: Delhi CP warns strict action against perpetrators
Business Economy


Amara Raja, Blaze Automation announce signing of JV agreement to set up ARBT

Amara Raja, Blaze Automation announce signing of JV agreement to set up ARBT

Hyderabad, Jul 27 (UNI) Amara Raja Group and Blaze Automation on Monday announced that they have signed a Joint Venture (JV) agreement to set up Amara Raja Blaze Technologies Private Limited (ARBT).

This JV will leverage their combined strengths and cumulative experience spanning over three decades to innovate, develop and manufacture IoT devices for the world market, Amara Raja said in a release here.

Blaze Automation, an Internet of Things (IOT) company with offices in USA, India and Australia, is a leader in delivering IoT devices to the global market.

The JV will be a Full-Service Provider of "Concept-to-Product" and will set up a Center of Excellence (COE) focusing on product Innovation and world-class Manufacturing services for IoT based devices.

The COE will help its global customers every step of the way from proof of concept to the prototyping and mass manufacturing of new products related to Home/Building Automation, Intelligent Lighting, Enterprise Automation, Energy Management, Elderly care and Wearable devices.

ARBT's Faster and Better (FAB) Methodology ensures an unwavering focus on providing the highest quality of IoT devices at optimum costs.

Objective dovetail into Prime Minister Narendra Modi’s vision of “Atmanirbhar Bharat”, the JV will start delivering “Made in India” products to its customers as early as September 2020.

Amara Raja Group Vice-Chairman Jayadev Galla, said “We are happy to announce this strategic partnership with Blaze. We will lend our expertise and capabilities in the manufacturing space and leverage Blaze’s design credentials to provide turnkey solutions that are both made and designed in India.”

This JV will deliver on its promise of faster ‘time to market’ for innovative IoT products for our global customers. We are extremely confident that this partnership also delivers on the promise of self-sufficiency in achieving 100 per cent ‘Made in India’ IoT products” said Arjun Valluri, Chairman Blaze Automation.

UNI KNR CS 1515

More News

GSK, PATH, and Bharat Biotech sign product transfer agreement to help ensure long-term supply of RTS,S/AS01E malaria vaccine

27 Jan 2021 | 9:52 PM

Kolkata, Jan 27 (UNI) GSK, PATH, and Bharat Biotech (BBIL) today announced the signing of a product transfer agreement for the malaria vaccine, RTS,S/AS01E 1 . The agreement includes the transfer of manufacturing of the RTS,S antigen part of the vaccine and the grant of a license on all rights pertaining to the RTS,S/AS01 malaria vaccine to BBIL. GSK will retain the production of the adjuvant of the vaccine (AS01E) and will supply it to BBIL.

see more..

Hero MotoCorp to commence its operations in Mexico soon

27 Jan 2021 | 9:13 PM

Hyderabad, Jan 27 (UNI) Hero MotoCorp - the world’s largest manufacturer of motorcycles and scooters - on Wednesday announced the commencement of its operations in Mexico soon.

see more..

GHIAL to raise US $300 Mn through bond issue for Hyderabad airport expansion

27 Jan 2021 | 8:40 PM

Hyderabad, Jan 27 (UNI) GMR Hyderabad International Airport Limited (GHIAL), a subsidiary of GMR Airports Limited and a step down subsidiary of GMR Infrastructure Limited (GMR Group), on Wednesday announced that it had successfully priced an offering of US$ 300 Mn bond in the international bond market.

see more..

Successive Technologies is Now an Umbraco Gold Partner

27 Jan 2021 | 7:36 PM

NOIDA, India, Jan. 27, 2021 /PRNewswire/ -- Successive Technologies, an India-based next-gen technology services company has been awarded Gold Partner status by Umbraco. This is the highest level of partnership level and allows Successive to access exclusive Umbraco resources and do more for its Clients than before.

see more..

Canara Bank's operating profit grew by 37 29 per cent at the end of the Q3

27 Jan 2021 | 6:31 PM

Bengaluru, Jan 27(UNI) The Public sector lender Canara Bank on Wednesday, had reported an operating profit
of Rs 5382 crores at the third quarter end, a growth by over 16.02 per cent, Chairman and Managing Director of the Bank, L V Prabhakar said.

see more..
image