Friday, Mar 22 2019 | Time 13:32 Hrs(IST)
image
  • Applicants in J&K to soon get passports within 2 weeks: RPO Srinagar
  • Sultan Azlan Shah Cup: Indian men’s hockey team to face Japan
  • JeM militant arrested in Delhi
  • Sugar rates steady
  • IPL 2019: MSD's CSK to take on Virat's RCB in opener
  • IPL 2019: MSD's CSK to take on Virat's RCB in opener
  • A 56 year-old person was arrested on charges of cheating
  • Dharwad building collapse: death toll mounts to 15
  • Tata Power SED bags Rs 1,200 cr contract from MoD
  • General Election: Tough battle on cards between TDP & YSCP in AP
  • General Election: Tough battle on cards between TDP & YSCP in AP
  • Gautam Gambhir joins BJP: Calls saffron party a 'fabulous platform' to serve India
  • Gautam Gambhir joins BJP: Calls saffron party a 'fabulous platform' to serve India
  • Gautam Gambhir joins BJP: Calls saffron party a 'fabulous platform' to serve India
  • LS Polls: Dr Umesh Jadhav to go ahead and file his nomination for Kalaburagi LS seat irrespective of Speaker accepting his resignation or not
Business Economy


Indian, Malaysian industry research bodies to work jointly on automation, robotics

Chennai, Mar 14 (UNI) Top industry and research bodies from India and Malaysia on Thursday reached an understanding to take their manufacturing at the next level of automation with the help of robotics, artificial intelligence, machine learning and Internet of Things.
The MoU to this effect was signed between Engineering Export Promotion Council (EEPC) India and the Malaysian Automotive, Robotics and IOT Institute (MARii) at the International Engineering Sourcing Show, which opened here.
Briefing media , CEO of MARii, Dato Madani Sahari said, the prestigious industry and trade bodies of the two countries would facilitate joint efforts for technology development and adoption.
"Both Malaysia and India have high level of capabilities of automotive sectors". He said India can access the entire ASEAN market , leveraging Malaysia.
Impressed with the reputation of Indian professionals in sectors like IT and automation, Dato Madani Sahari said , the two countries would extend cooperation in the human development for mutual benefits.
The MoU between EEPC India-MARI recommends investment in robotics, automatives and the related areas and would encourage and identify companies from their respective countries for joint ventures.
EEPC India Chairman Ravi Sehgal said with the US and several countries in Europe becoming restrictive, India has to look for alternative avenues of trade and investment and Malaysia is the best fit in this direction.
As a Partner Country, Malaysia has fielded a strong presence at the IESS with over 100 Malaysian companies reaching out to their counterparts in India and other parts of the world. Moreover, Malaysia has reached an understanding with the EEPC India, the organiser of the flagship programme, supported by the Union Commerce Ministry, for being the Partner Country for three years.
Over 400 delegates from 52 countries are attending the IESS -VIII , with 300 exhibitors. Tamil Nadu is hosting the event for the third time in a row.
UNI RSA ADG 1911
More News

Sugar rates steady

22 Mar 2019 | 1:09 PM

Kolhapur, Mar 22 (UNI) The prices of M 30 and S 30 grades of sugar rates remained steady in Kolhapur sugar market on Friday to Rs 3,280/3,300 and Rs 3,180/3,200 per quintal respectively.

see more..

Tata Power SED bags Rs 1,200 cr contract from MoD

22 Mar 2019 | 12:52 PM

Mumbai, Mar 22 (UNI) Tata Power Strategic Engineering Division (Tata Power SED) on Friday announced the signing of an important deal with the Ministry of Defence, to supply 23 ship-borne 3D Air Surveillance Radars to the Navy over the next 10 years.

see more..
Rupee up by 18 paise against USD

Rupee up by 18 paise against USD

22 Mar 2019 | 12:05 PM

Mumbai, Mar 22 (UNI) The Rupee on Friday moved up by 18 paise to 68.

see more..
Sensex down by 81 70 pts

Sensex down by 81 70 pts

22 Mar 2019 | 12:04 PM

Mumbai, Mar 22 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Friday slipped by 81.70 points at 38,305.05 on profit booking by local operators at higher level. The Nifty of National Stock Exchange (NSE) too eased by 27.55 points to 11,493.50.

see more..

Major currencies down

22 Mar 2019 | 11:44 AM

Mumbai, Mar 22 (UNI) Following were the indicative currency rates and travellers' cheques buying and selling rates per unit.

see more..
image