Carraro India Limited, a leading Tier‑I supplier of axles, transmission systems, and gears, reported a steady start to FY27 with consolidated revenue growth driven by strong domestic demand, despite global export challenges. The company’s total income rose 12% year‑on‑year to INR 5,587 million, while EBITDA increased 6% to INR 579 million and PAT climbed 8%…
Jagdamba Prasad Pandey – Amid escalating geopolitical conflicts, the Forward Seamen’s Union of India (FSUI) has issued an urgent, impassioned plea to the global maritime community to honour seafarers who have lost their lives in high-risk zones and stand in solidarity with those currently serving onboard. Commercial vessels operating in dangerous maritime routes—such as the…
Jagdamba Prasad Pandey – Prudence Marine Services organised a beach cleanup drive at the Juhu Koliwada section of Juhu Beach, Mumbai, bringing together employees who participated enthusiastically in the initiative. As a company connected to the maritime industry, Prudence Marine recognises the importance of protecting our oceans and coastal environment. The cleanup drive reflected the…
Pratik Bijlani – The Maritime Union of India (MUI) brought the often-unseen emotional demands of life at sea into focus during a webinar on 25 July, bringing together maritime professionals and young aspirants, including cadets from the Institute of Maritime Studies (IMS), Goa, for a conversation on emotional resilience, self-awareness and mental well-being. Moderated by…
The Department of Financial Services, Ministry of Finance held an event chaired by Secretary, DFS today in New Delhi to launch India’s first sovereign-backed Protection & Indemnity insurance product under Bharat Maritime Insurance Pool (BMIP), designed by the New India Assurance Company Limited. The event was attended by Director General of Shipping Shri Shyam Jagannathan,…
The Government of Jammu & Kashmir through Jammu & Kashmir Tourism together with the DP World Professional Golf Tour of India (DP World PGTI), the official sanctioning body of men’s professional golf in India, today jointly announced the fifth edition of the J&K Open. The tournament will be staged at the majestic Royal Springs Golf…
Mecpower Solutions Limited, a Gujarat-headquartered leader in solar infrastructure and clean energy solutions, has signed a Memorandum of Understanding (MoU) with the Government of Gujarat to set up a proposed 5 GWh Battery Energy Storage System (BESS) Assembly Facility at Karjan, with an envisaged investment of approximately ₹160 crore. The proposed facility is expected to…
