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  • Piramal Glass to invest Rs 300 cr for expansion of Jambusar plant in Gujarat
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  • Election for one RS seat of Himachal on Mar 26: CEO
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  • Trump's India visit sheer wastage of money: IGP
  • Declaring COVID-19 as 'pandemic' has no tangible benefits: WHO chief
  • Coronavirus: Bukhari appeals Centre to evacuate J&K students stranded in Iran
  • Govt likely to change rules allowing foreign firms to supply trucks to defence sector : Diamler
  • Will give up life rather than giving up state's precious water resources: CM
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  • Punjab cabinet okays tabling of budget, suplementary demands for grants etc
  • Will ensure Kartarpur corridor is not shut down: Capt Amarinder
  • Brazil confirms first case of coronavirus
  • Law student gang rape case: 11 held guilty; Punishment to be announced on March 2
  • GDP growth to stay flat at 4 5 pc in Quarter 3 of FY20: SBI economists
Business Economy


Schneider Electric partners with Microsoft to launch EP&P

New Delhi, Sep 11 (UNI) Digital transformation of energy management and automation provider Schneider Electric on Wednesday announced the launch of EcoStruxure Power & Process (EP&P) to drive efficiency and augment profitability in Oil, Gas & Petrochemical sector.
"The company has partnered with Microsoft to create commercial internet of things (IoT) solutions in the areas of energy management and automation, thus bringing power and process systems together," a statement here said.
Through this platform, Schneider Electric aims to address the challenges of market volatility in the O&G sector, while reducing CapEx and OpEx by 20-30 per cent.
Schneider Electric India Zone President & Managing Director Anil Chaudhry in a statement said, “The Indian hydrocarbon sector is at the cusp of major transformation as companies across the value chain step up their efforts to boost India’s self-sufficiency in oil and gas, expand refining capacities, and set up pipeline infrastructure for transportation across the country. Through our partnership with Microsoft we aim to deliver real/tangible solutions and measurable business results for oil and gas players, improve efficiency, bring down cost of running operations and raise profitability.”
Microsoft India COO Meetul Patel said, “Operations in the Oil & Gas industry are highly dispersed, making the efficient management of assets extremely challenging. Microsoft’s Azure platform provides Schneider Electric with advanced cloud and edge computing technologies to establish an intelligent network of IoT devices that can provide insights, drive innovative new solutions, and improve returns from investments.”
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Govt likely to change rules allowing foreign firms to supply trucks to defence sector : Diamler

26 Feb 2020 | 6:21 PM

Chennai, Feb 26 (UNI) Auto major Daimler India Commercial Vehicle
(DICV) today hoped that the Indian government would change the rules
allowing foreign owned firms to supply trucks to the defence sector.

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India, US should tackle irritants for $500 bln trade

26 Feb 2020 | 6:04 PM

New Delhi, Feb 26 (UNI) India and the US need to focus on tackling some of the irritants to unleash the full potential of their economic relationship and work out a trade deal that can open markets in both countries, says a report by the Confederation of Indian Industry in association with US India Business Council.

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Steele Collection launches spring-summer women’s clothing line Pret-a-Porter

26 Feb 2020 | 5:58 PM

New Delhi, Feb 26 (UNI) Building on its legacy of personalized and classy new-age fashion, Steele Collection, a Delhi-based custom-made men’s luxury apparel the brand has unveiled its brand new spring-summer women’s clothing line, Pret-a-Porter.

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GDP growth to stay flat at 4 5 pc in Quarter 3 of FY20: SBI economists

26 Feb 2020 | 5:58 PM

New Delhi, Feb 26 (UNI) The GDP growth of India will stay flat at 4.5 per cent in the October-December 2019, economists at SBI said on Wednesday,
'Our composite leading indicator (index of 33 major leading indicators) suggests that GDP growth will remain flat at 4.5 per cent as in Q3 of FY20,' the Economic Research Department of State Bank of India said.

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TITA announces Presidents for NRI Chapters

26 Feb 2020 | 5:50 PM

Hyderabad, Feb 26 (UNI) Telangana Information Technology Association (TITA), a platform for Telugu techies present globally, has announced Presidents for NRI Chapters in 13 countries.

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