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Honeywell (NYSE:HON) Process Solutions (HPS) will showcase the latest developments in automation and process control at the Honeywell India Users Summit, Aug. 24 and 25 in Mumbai. More than 170 representatives from across process automation industries will attend the annual event.  The summit will focus on issues facing manufacturers in India, including the changing economic environment, increasing connectivity and the need for real-time insights that can improve operations. Attendees to the event represent critical industries such as refining, petrochemicals, oil and gas, chemicals, power, and minerals and metals.  HPS will showcase next-generation technologies for digital transformation, the Industrial Internet of Things (IIoT), and best-practices in process control and automation that can help manufacturers improve business performance . “According to recent research by Accenture, the IIoT could contribute US$14.2 trillion to world output by 2030. India has immense ...

UBM Index Fairs, host of the flagship show, Index today launched its pioneer exhibition for the kitchen and bath industry, India Kitchen & Bath 2015 (21-23 August at Pragati Maidan, New Delhi). The show was inaugurated by eminent industry designers and dignitaries like Ar. Karan Grover; Pratap Jadhav, President, Institute of Indian Interior Designers (IIID); Mohan Deshpande, Chairman, Hospitality Purchasing Managers Forum and celebrity Master Chef Ranveer Brar. Supported by the Institute of Indian Interior Designers (IIID), All India Hardware Association and Hospitality Purchasing Managers Forum , the three-day trade fair brought together buyers and traders in kitchen and bath equipment, OEM white goods, accessories, kitchen and bath furniture and fittings, lighting products with architects, interior designers, builders, project managers , consultants, procurement heads across the hospitality, corporate and government sectors. Renowned companies such as Porcelanosa, Queo, A...

Mumbai, Aug 20: Bharti Airtel Limited (“Airtel”), the third largest mobile services provider globally with operations in 20 countries across Asia and Africa, and Uber today announced a first-of-its-kind strategic partnership in India. As part of this partnership, Uber riders across India can now pay for their trips using Airtel’s mobile wallet service - Airtel Money. Additionally, Mumbaikars will now be the first in India to enjoy free high-speed internet from Uber, powered by Airtel 4G. This service will soon be rolled out for Uber riders pan India. “Our partnership with Uber is directly in line with our commitment to offer innovative and relevant services for our customers. Now, Uber riders can enjoy the convenience of paying through their Airtel Money wallets, while also experiencing the power of blazing internet speeds with Airtel 4G on the move. We are excited that Uber has chosen Airtel to fulfill its telecom needs, and look forward to supporting the company’s rapid growth ac...

Gurgaon, India, Aug, 20: SpiceJet, the country’s favourite low-cost carrier, today announced the launch of its ‘ Freedom to Fly’ sale, putting more than 1,00,000 seats on offer with one way fares starting as low as Rs. 799/- (excluding taxes). An additional 10% percent discount will be available for those booking through SpiceJet’s mobile app on Apples iOS and Android. The one-way fare for this sale ranges from Rs. 799/- to Rs. 2,699/- and covers popular destinations such as Delhi, Mumbai, Goa, Bengaluru, Srinagar, and many more. The lowest fare of Rs. 799 is available on routes such as Delhi-Chandigarh, Mumbai-Goa, Bengaluru-Kochi, Madurai-Chennai, Jammu-Srinagar, Kolkata-Agartala and many more. The three day sale starts from 20th August 2015 and will remain open till midnight, 22nd August 2015. The travel period covered in this sale is 25th August 2015 to 26th March 2016 . The sale is valid only for direct flights within SpiceJet’s domestic network. Shilpa Bhatia, Sr. VP and ...

Mr. Subramanian Sarma has taken over as CEO & Managing Director of L&T Hydrocarbon Engineering Limited (LTHE), a wholly-owned subsidiary of Larsen & Toubro (L&T). He will be driving the L&T Group’s strategy of expanding its hydrocarbon business across geographies, particularly the Middle East. He has already been appointed to the Board of L&T as a Non-Executive Director. Mr. Sarma will play a key role in adding thrust to L&T’s aspirations to grow the business in domestic and international markets. He will be based in the Middle East to enable close monitoring of key on-going projects and drive new business development. “Mr. Sarma brings with him global experience and competence to drive our hydrocarbon business in India and abroad. With his international experience, he will be at the forefront of leading L&T Hydrocarbon in becoming one of the best in class global companies offering comprehensive EPC solutions across the spectrum – upstream, mid...

Uber and Tata Opportunities Fund (TOF), the flagship private equity fund advised by Tata Capital, today announced that TOF will make a significant investment in Uber, the first such investment made by TOF in a global company with headquarters outside India and underscores the confidence in Uber. The partnership is a milestone for both entities and will help Uber expand its services and solutions in India by leveraging the Tata Opportunities Fund’s network within the wider Tata Group as well as externally. Uber launched in India less than two years ago. Today, the service is available in 18 Indian cities* -- more than in any other country outside the United States. With its current base of over 150,000 driver entrepreneurs and continued robust 40 percent month on month growth, Uber has quickly gained a significant market share in India of over 35 percent. Padmanabh (Paddy) Sinha, Managing Partner of TOF’s advisory team in India, said: “The Tata Opportunities Fund is delighted to s...

Fairfax India Holdings Corporation , through its wholly-owned subsidiary FIH Mauritius Investments Ltd, today completed its acquisition of majority ownership interest and management control in National Collateral Management Services Limited (NCML) by subscribing newly issued shares of NCML (approximately $31 million) and purchasing the shares of certain selling shareholders (approximately $95 million), for an aggregate investment of approximately INR 8 billion (approximately $126 million). NCML is the country’s leading private-sector agriculture storage company in India that is preparing to expand to take advantage of the significant market potential in India’s under-developed agricultural storage industry. NCML operates in the mid-stream agriculture value chain offering end-to-end solutions in procurement, testing, storage and collateral management in a wide ranging set of agri-commodities. “We look forward to NCML, under the leadership of Sanjay Kaul and his management team, con...