Wednesday, 28 October 2015

Jail inmates to make automobile parts

Jail inmates to make automobile parts

PUNE: An automobile component manufacturing unit has been set up at Yerawada Central Jail to provide employment to inmates, besides imparting skills Automobile component manufacturer Spark Minda of Ashok Minda group has set up the plant through a public-private partnership.

Spread across 2,000 sq ft, the facility will see 30 inmates working to produce wire harness units, which are key automotive components. The harnesses will be supplied to Mahindra & Mahindra for further assembly in utility vehicles. The facility aims to empower inmates so that they can pick up employment skills to improve their employability, earn wages, and use their experience to lead a better life after their sentence ends, explained BK Upadhyay, additional director general (prisons). "Until now, traditional small-scale manufacturing units for carpentry, baking, laundry, washing, handloom work and metal products were set up at Yerawada jail. This is a great step forward and the initiative is in line with contemporary manufacturing industry.”

“We are looking to set up similar manufacturing units to aid inmates in jails across the state," Upadhyay added. Another facility will be set up at Nagpur Central Jail by December. Each inmate, working with the manufacturing unit, will get a certificate that is expected to help him or her land a job once the prisoner finishes the sentence and is out of the jail. The wire harness product will fetch Rs 200, per unit, of which each inmate will get Rs 55, per piece and Rs 10 will go towards the welfare fund. The rest of the money will go to the state exchequer. As of now, the manufacturing facility has the capacity to make 80 units, per day. Upadhyay said that the inmates will be selected to be employed by the unit on the basis of their track record, the number of years they have served their sentence as well as their educational background.

"An essential criterion for selection is a minimum seven-year conviction. All selected inmates will be provided training. As per norms laid out for operators working in the wire harness manufacturing units, and in addition to preliminary tests, a test for colour blindness will also be conducted," said NK Taneja, group chief marketing officer, Spark Minda, Ashok Minda group. For the next two months, a supervisor from the company will help the team at the prison settle into their job profile. To ensure quality check, a checker board has been put up in the unit and a visual inspection will be done before dispatch. Spark Minda will oversee raw material entry and dispatch, whose employees have been deputed at the jail. This is expected to ensure security and discipline.

Tuesday, 27 October 2015

Man kills wife, son and commit suicide

Man kills wife, son and commit suicide

PUNE, October 27 : Alleging of suspicious character, a person killed his wife and son brutally by an axe during last night to today morning. Few days before a man beheaded his wife and walked in to the crowded street of Pune attracted the nation’s attention and it become the talk of the social media.

Giving details of the incident, Chatushringi police said, “Raju Laxman Gaikwad (40, Anjanibai Nimhan Chawl, Pashan) who has suspicion about his wife Arati’s character, killed her and his son Vishal (19) in the feat of rage by an axe during the yesterday night till today morning. After killing the two Raju hanged himself by a nylon rope to the ceiling and died.

Assistant Police Inspector V. R. Gaud is investigating the case further.

MARUTI SUZUKI Launches hatchback Baleno in Pune

MARUTI SUZUKI Launches hatchback Baleno in Pune

PUNE : India’s passenger vehicle company, Maruti Suzuki India Limited (MSIL) announced the global launch of its premium hatchback, Baleno here.

The car comes with two engine options, both offering best-in-class fuel efficiency: the acclaimed DDiS 190 diesel engine (1.3 litre) with a fuel efficiency of 27.39 Km/litre and the proven VVT Petrol (1.2 litre) with a fuel efficiency of 21.4 Km/litre. Baleno also comes with a CVT option (Continuously Variable Transmission) in the petrol variant.

Dynamic, energetic and premium, Baleno is packed with features (refer to box), many of them being offered for the first time in the premium hatchback segment.

Baleno has won praise from experts for its superior ride and handling, safety, fuel efficiency and low vehicle noise and harshness. It is built on a brand new Suzuki platform which is lighter (by 100 Kg), stronger (by 10%) and more rigid compared to existing platforms in the industry.
At the introductory price announced by MSIL today, Baleno offers substantially more value to customers and is set to redefine the premium hatchback segment in the country. Baleno will be sold through NEXA, the new chain of premium exclusive automotive retail outlets recently launched by Maruti Suzuki.

To be manufactured exclusively in India, Baleno will be sold in over 100 countries. Baleno comes with a sophisticated design and advanced technology. A lighter but stronger platform has helped Maruti Suzuki engineers to offer best in class fuel efficiency in petrol as well as diesel options. Further, ABS and dual airbags are offered as standard in all variants of Baleno.

Features of Baleno: Liquid Flow Design, Chrome accentuated front grill with signature “S” logo, Bold shoulder line, low & wide stance, Projector Headlamps (HID) with DRL (LED), Stylish Chrome Garnishes on the rear & doors, Premium LED Rear Combination Lamps, Aerodynamic Outside Rear View Mirrors. Chrome Door Scalps running from front to rear, 16” Dynamic Alloys, Chrome door handles, A, B, C Pillar blackout film etc.

From L to R: Thomas Cheriyan, Commercial Business Head (West and South) New Channel, MSIL and Mohit Jindal, Regional Manager-West,New Channel, MSIL while launching Baleno in Pune

TVS registers a growth of 23% in Profit

TVS registers a growth of 23% in Profit

BANGALORE: TVS Motor Company announced a revenue growth of 8% for the quarter ended September 2015 with total revenue growing from Rs.2667 crores in the quarter ended September 2014 to Rs.2881 crores in the quarter ended September 2015.

According to a press release of TVS Motor Company, profit before tax during the quarter under review, grew by 23% from Rs.131 crores recorded in the quarter ended September 2014 to Rs.161 crores in the quarter ended September 2015. Profit after tax for the quarter ended September 2015 grew by 23%. PAT increased from Rs. 95 crore reported in quarter ended September 2014 to Rs 116 crore in the quarter ended September 2015, 

Total two-wheeler sales of the company for the quarter ended September 2015 stood at 6.46 lakh units against 6.48 lakh units recorded in the corresponding quarter of the previous year. Scooter sales grew by 12% in the quarter ended September 2015 increasing from 1.95 lakh units recorded in the quarter ended September 2014 to 2.18 lakh units in the quarter ended September 2015.  The company’s motorcycle sales during the quarter ended September 2015 stood at 2.55 lakh units, same as recorded in the corresponding quarter of the previous year.

Two and three wheeler exports of the company registered a growth of 23% with sales increasing from 1.03 lakh units in the quarter ended September 2014 to 1.27 lakh units in the quarter ended September 2015.

Total three wheeler sales for the quarter ended September 2015 grew by 18% increasing from 27,946 units in the quarter ended September 2014 to 32,922 units in the quarter ended September 2015. The festival season has begun very well and we are confident of a robust growth in TVS two-wheelers sale during this period.

US Consul General visit Nashik

US Consul General visit Nashik

MUMBAI : U.S. Consul General Thomas Vajda visited the ‘Grape city’ of Nashik as part of his outreach to the different cities in western India in support of greater opportunities for U.S.-India trade and investment. 

During his visit to Nashik, Consul General Vajda visited the Lord Corporation; a North Carolina-based tech and manufacturing company that develops adhesives, coatings, and motion management devices.  He also visited Mylan Labs; a large generics and specialty pharmaceutical company based in Pennsylvania with operations in Nashik.

Outside of his business meetings, Consul General Vajda also visited several of Nashik’s cultural sites.  At the Dadasaheb Phalke memorial museum, he learned about the life of the “Father of Indian cinema.”  He also toured the 2000-year-old Pandavleni Buddhist caves and the organization Pragati Abhiyan, where he observed firsthand their work to promote rural development and overcome poverty.

Monday, 26 October 2015

An Android-like platform for Drones by Pune’s Startup

An Android-like platform for Drones by Pune’s Startup

PUNE: Pune-based NavStik Autonomous Systems will be launching its Flyt platform, which bundles an operating system and the electronics for commercial drone makers in December.

The Flyt platform, which consists of FlyOS and the FlytPOD, was showcased at the Nasscom Product Conclave a couple of weeks ago in Bengaluru. Nitin Gupta, the CEO of Navstik Labs, told Gadgets 360 that the FlytPOD's price has not been decided, but is going to be under $1,000 (appx Rs. 64,000).

Navstik Labs does not build or operate drones. It provides the operating system and electronics for the platform, and helps other drone makers with their business use cases, Gupta said. "We are planning to do a beta release where we will work with select customers who are already using our first generation platform. We'll conduct a lot of experiments with these customers and take it to a public release," he said, adding that his team had been working on the platform actively for the last ten months.

The startup envisages a future where all drones will be running their open operating system - FlytOS, much like Android in smartphones. "Developers don't have to worry about the internal details, how it will fly, or how it will avoid collision, or send data to the cloud. All those things are built into the software stack, and they just have to write their applications on top of it," Gupta said.

The company is now launching the second generation platform, which their calling the Internet of drones, which offers a lot more capabilities to drone makers. "Much like IoT (Internet of Things) devices, we're putting drones in the same space, where you will be able to talk to your drones, get data from them, control them over the internet," Gupta said. 

"There could be multiple systems doing the job for you, and you can control the entire swarm through your mobile phone or tablet," he said.

Compared to commercially available solutions like the DJI Phantom, which are for individual or hobby use, or basic professional use, the FlytPOD system has long-range telemetry systems, and is more suited for business applications, and can be used to build larger drones, Gupta said.

"FlytPOD has an octa-core 2GHz processor, and which is quite good for onboard image processing tasks. We are agnostic to the kind of aeroplane you are using - it could be battery operated, engine operated, a fixed wing or a quad rotor, our technology is agnostic to all that. Through software, you can configure our hardware and software for any drone," He said.

Navstik Autonomous Systems currently has defence and research labs based customers like DRDO, HAL, and NAL, and educational institutes, Gupta said, with international customers in US, Brazil, and Korea, Netherlands, who are using its platform built two years ago. The startup sees many potential applications for drone platform in agriculture, surveillance, photography, disaster management, delivery, and policing.

"The way our buildings are constructed will change in the next five years or so. Much like Helipads, there will be spots where drones can come and deliver your payloads," he said.
Founded in 2013, Navstik raised seed funding from a Pune-based incubator in January this year, and is in active talks with investors about raising a Series A, Gupta said.

Saturday, 24 October 2015

Force Motors Q2 net rises 65% to Rs 42 crore

Force Motors today posted a 65.35 per cent rise in its net profit at Rs 42.48 crore for the second quarter ended September 30, 2015. 

The company had posted a net profit of Rs 25.69 crore during the same period of the previous fiscal. 

Net sales of the company rose to Rs 755.97 crore as against Rs 592.37 crore during the same period last fiscal, Force Motors said in a filing to the BSE. 

The Pune-based firm sells a range of vehicles, including small commercial vehicles, multi-utility vehicles (MUVs), light commercial vehicles, sports utility vehicles (SUVs) and agricultural tractors.