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Darwinbox Raises $140 Mn Investment

Darwinbox, a leading global human resource (HR) technology platform, announced the signing of definitive agreements under which Partners Group, one of the largest firms in the global private markets industry (acting on behalf of its clients), and funds managed by KKR, a leading global investment firm, will co-lead an investment of $140 million in the company, with additional participation from Gravity Holdings. The addition of Partners Group and KKR to an already-solid cap-table underscores Darwinbox’s strong momentum over the recent years. The investment positions Darwinbox well to deepen i..

Marquardt Opens New production Plant in Talegaon

Mechatronics specialist Marquardt is expanding its presence in India and officially opened a new plant in Talegaon, near Pune. With this production facility, the family-owned company is replacing its previous production site in Mumbai, significantly expanding its capacities and strengthening its competitiveness in a dynamic market. The investment in the building, machinery and equipment amounts to more than 180 crore rupees. In future, Marquardt will primarily manufacture mechatronic system solutions for customers in the Indian automotive industry at the ultra-modern plant. Björn Twiehaus, C..

India Set to Unveil First Hydrogen-powered Train

India is preparing to introduce its first hydrogen-fuelled train later this month, marking a significant step toward sustainable and zero-emission transportation. The train has been manufactured by Chennai-based Integral Coach Factory (ICF) as part of the Indian Railways’ green energy initiatives. To accelerate the transition to hydrogen-based rail transport, the Ministry of Railways has allocated Rs 28 billion for the development of 35 hydrogen fuel cell-based trains in the 2023-24 fiscal year. These trains are expected to contribute to India's broader efforts to reduce carbon emissions a..