Category «News»

Burning Planet: Climate Fires and Political Flame Wars Rage

Severe threats to our climate account for all of the Global Risks Report’s top long-term risks, with “economic confrontations” and “domestic political polarization” recognized as significant short-term risks in 2020 It warns that geopolitical turbulence and the retreat from multilateralism threatens everyone’s ability to tackle shared, critical global risks Without urgent attention to repairing societal …

IIT Roorkee researchers find novel antibiotic against multi-drug resistant bacteria

New Delhi,15 January 2020- Researchers at the Indian Institute of Technology, Roorkee have discovered a novel compound that can effectively kill a multitude of notorious antibiotic resistant bacteria. Antibiotics have been considered as the cornerstones of both basic and modern medicine and it is difficult to envisage a world without them. However, injudicious over the …

AM InvestCo signs non-binding agreement with Ilva commissioners

20 December, 12:30 CET  ArcelorMittal announces that AM InvestCo has signed a non-binding agreement with the government appointed Ilva commissioners that forms a basis to continue negotiations on a new industrial plan for Ilva, including discussions on a substantial equity investment by a government-controlled entity. The new industrial plan would contemplate investments in green technology, …

ArcelorMittal and Nippon Steel complete acquisition of Essar Steel

16 December 2019 – 12:40 CET – ArcelorMittal announces that it has today completed the acquisition of Essar Steel India Limited (‘ESIL’), and simultaneously established a joint venture with Nippon Steel Corporation (‘Nippon Steel’), called ArcelorMittal Nippon Steel India Limited (‘AM/NS India’), which will own and operate ESIL. ArcelorMittal holds 60 per cent of AM/NS …

Cisco Unveils Plan for Building Internet for the Next Decade of Digital Innovation


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Announces ‘Internet for the Future’ Strategy and the Industry’s Most Ambitious Silicon Architecture Cisco shares further details behind its ‘Internet for the Future’ technology strategy based on development investments in Silicon+Optics+Software Cisco Silicon OneTM, a first-ever single, unified silicon architecture that can serve anywhere in the network and be used in any form factor.  New …

Chalmers University of Technology and Stockholm University have developed a new material for capturing carbon dioxide

In a joint research study from Sweden, scientists from Chalmers University of Technology and Stockholm University have developed a new material for capturing carbon dioxide. The new material offers many benefits – it is sustainable, has a high capture rate, and has low operating costs. The research has been published in the journal ACS Applied …

QAD Announces Enhancements to QAD Adaptive ERP and Related Solutions Designed to Help Manufacturers Rapidly Adapt to Industry Disruption

New Delhi: December 6 2019,- To enable customers to adapt rapidly to industry disruption, QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB), a leading provider of flexible, cloud-based enterprise software and services for global manufacturing companies, today announced the latest enhancements to QAD Adaptive ERP and related solutions in its QAD Adaptive Applications portfolio. Manufacturers face unprecedented disruption, which forces them …

India accession brings ship recycling convention a step closer to entry into force

India, one of the world’s five major ship recycling countries, has acceded to the IMO Hong Kong Convention, the treaty that will set global standards for safe and environmentally-sound ship recycling.  India’s accession brings this important convention a significant step closer to entering into force, with the required 15 States now party to it and with India’s ship …

Indian Supreme Court approves ArcelorMittal’s acquisition of Essar Steel

18 November 2019 08:00 CET ArcelorMittal announces that, following receipt and review of the formal written order, ArcelorMittal India Private Limited’s (‘AMIPL’) resolution plan for Essar Steel India Limited (‘ESIL’) has been unconditionally approved by the Indian Supreme Court. Supreme Court approval of AMIPL’s resolution plan is the final procedural step in ESIL’s corporate insolvency …