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Our offerings will be game-changers for the construction and mining industries

Expanding its tire range, BKT is showcasing two new novelties at the bauma CONEXPO. Rajiv Poddar, Joint Managing Director, shares more鈥� Expectation from the expo: We are excited to...

Expanding its tire range, BKT is showcasing two new novelties at the bauma CONEXPO. Rajiv Poddar, Joint Managing Director, shares more鈥� Expectation from the expo: We are excited to be participating in bauma CONEXPO India 2023 after the fouryear COVID gap. One major reason is because we are able to connect with our buyers and customers. We believe in building strong relationships with our customers and exhibitions as these give us an opportunity to connect well. With a lot of innovation and new technologies being introduced, we are positive that it will help us connect with other new leads as well. We are looking forward to interacting with other industry players too. Product innovation this year: This year we are showcasing two new novelties at the bauma CONEXPO, which expands the BKT tire ranges and demonstrates how the Indian multinational is attentive to users鈥� needs, and future trends, furthermore proposing suitable and specific solutions for all operating conditions. In fact, all BKT products stem from the continuous feedback shared by users, as we believe that it is imperative in product development. Additionally, we understand the importance of integrating sustainability within the new technologies being introduced for the sector and are committed to pioneering sustainability for the OTR tire segment. For this reason, all the products that we will be displaying at bauma CONEXPO India 2023 have been carefully designed to meet the changing needs of the new-age markets. We are confident that our offerings will be game-changers for the construction and mining industries. Challenges faced in the industry: The geopolitical situation has created unprecedented supply chainrelated disruptions, impacting both pricing as well as the availability of raw materials. In addition, the logistics and freight costs continued to remain at elevated levels. This, in turn, may act as a huge restraining factor for the market to grow further at the same pace. For BKT, however, our end-user markets were buoyant despite inflationary trends. As in the past, we gained market share because the off-highway tire industry witnessed higher uptake on account of healthy demand across mining and agricultural markets.

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Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..

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Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

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Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..

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