Monthly archives: April, 2013

Restructuring Debts of DISCOMS’ for Sustainable Power Growth

The Minister of State (IC) for Power, Government of India Sh. Jyotiraditya Madhavrao Scindia has said that a refocus on the investment in power sector is the need of the hour as India’s investment is linked to this sector. While inaugurating a Conference on “Restructuring Debts of DISCOMS’ for Sustainable Power Growth” here today the …

Shri Sachin Pilot Directs Expeditious Distribution of Rs 3,270 Crore, Realized from the Assets of Defunct Companies, to Claimants

Corporate Affairs Minister ShRI Sachin Pilot took a meeting of the Official Liquidators (OLs) attached with different High Courts here yesterday to take stock of their work relating to dissolution and winding up of companies. It was observed that there were 4,988 companies awaiting dissolution in various High Courts out of which 1,046 companies are …

Honeywell Introduces Limitless™ Wireless Non-Contact Switch

Non-Contact Technology Increases Flexibility, Reduces Maintenance Costs, and Increases Productivity MINNEAPOLIS, April 10, 2013 – Honeywell (NYSE:HON) announced today it has expanded its Limitless™ Wireless Solutions portfolio with the introduction of its new Limitless™ Non-Contact Switch WLS Series. The new WLS Series switch uses non-contact technology, enabling the device to actuate based on the presence …

Global Information Technology Report highlights lack of progress in bridging the new digital divide : World Economic Forum

Global Information Technology Report 2013 finds most developing economies are still failing to create the conditions necessary to close the ICT-related competitiveness gap with advanced economies Finland, Singapore, Sweden lead the Networked Readiness Index. The US, ranked 9th, benefits from strong ICT infrastructure and innovation but is hindered by its political and regulatory environment. BRICS economies …

Suzlon Group crosses historic 1 GW milestone in UK

Hamburg/Edinburgh: Suzlon Group’s UK subsidiary, REpower Systems SE, a leading manufacturer of onshore and offshore wind turbines, has reached the historic milestone of 1 gigawatt (GW) installed capacity across UK wind farms. REpower UK is only the third manufacturer in the UK to achieve the 1 GW watershed. Since its inception in 2005, REpower UK has consistently been …

VC Funding in Solar Sector Continues to Slump in Q1 2013 with $126 Million Reports Mercom Capital Group

Solar downstream outraises thin film KOLKATA – April 10, 2013 – Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the solar sector during the first quarter of 2013. The slump in global venture capital (VC) investments, which started in …

Integrated Townships In India – Today And Tomorrow

Rohan Sharma, Senior Manager – Research and Real Estate Intelligence Service, Jones Lang LaSalle India By now, there is little doubt that integrated townships are the format of the future when it comes to city development. What Are Integrated Townships? They are clusters of housing and commercial businesses with associated infrastructure such as roads, schools, …

Goa Tourism announces strict measures to ensure tourist safety, especially women

Mumbai, April 10, 2013: In the aftermath of multiple incidents involving crimes against tourists in the state and travel advisories issued by multiple countries against India, the Department of Tourism, Government of Goa has constituted strict measures to safeguard tourist safety, especially women travellers. One of the initiatives taken by the department specifically for women …