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LEDsynergy shifts standard LED display production to India

UK-based LEDsynergy has entered into a partnership with India’s first LED display manufacturer, LEDX Technology. LEDsynergy’s core display product range will now be manufactured at LEDX’s factory, while all custom and specialist display solutions will continue to be designed and built in the UK. The shift from UK manufacturing of the core displays is a…

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India’s PVR INOX posts quarterly profit on higher per-customer spending

May 11 (Reuters) – India’s PVR INOX reported a fourth-quarter profit on Monday, helped ‌by higher ticket prices and increased ‌spending on food and beverages. • The multiplex operator ​posted a profit of 1.87 billion rupees ($19.64 million) for the quarter ended March 31, from a net loss of 1.25 billion rupees ‌a year earlier….

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Indian rupee, bonds look to inflation prints as Iran conflict stays in focus

By Dharamraj Dhutia and Jaspreet Kalra MUMBAI, May 11 (Reuters) – The Indian rupee and government bonds will remain sensitive to developments in the U.S.-Iran war, which has shaped the global macroeconomic outlook for more than two months and kept ‌volatility levels elevated. The rupee closed at 94.48 last week, managing to rise 0.4% week-on-week…

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Berg Propulsion helps drive India’s green tug transition — SMI DIGITAL

Marine propulsion solutions provider Berg Propulsion is set to play a key role in the green transformation of India’s shipping sector, beginning with the upcoming launch of two all-electric tugs.

 The vessels, under construction by the Mumbai-headquartered KMEW Group, were ordered on behalf of India’s Ministry of Ports, Shipping and Waterways as part of the…

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