Latest news with #German-Swiss
India.com
6 days ago
- Business
- India.com
iPhone, Smart TV, Microwave...: India beating China in every sector, it is happening because...
iPhone, Smart TV, Microwave...: India beating China in every sector, it is happening because… Mumbai: After dominating China in iPhone manufacturing, India is gearing up to dominate China in electronic household items, mainly in Smart TVs and microwave ovens. Along with this, some special electronic items are also being made in India. Earlier, electronic items such as robot vacuum cleaners, coffee makers, built-in refrigerators, and air fryers were completely imported from China. People familiar with the industry stated that it is happening because the government has increased the list of electronic items. As per the government's new guidelines, factories making these items will have to get a certificate from BIS. BIS's Quality Control Order (QCO) means that the goods coming from China and other places can be controlled and production in India can be promoted. In the past eight to nine months, the Quality Control Order (QCO) has overseen a significant increase in the regulation of specialized goods. Previously, many companies claimed the domestic market for these products was too limited to justify profitable Indian manufacturing. Previously, many companies claimed the domestic market for these products was too limited to justify profitable Indian manufacturing. What Are The Changes Made In The Rules? According to Atul Lala, who is the managing director of Dixon technologies, stated that the BIS regulations have brought a big change. Premium brands are now planning to manufacture small appliances in India, irrespective of small market. Dixon has recently joined hands with Eureka Forbes to make robot vacuum cleaners. German-Swiss multinational equipment manufacturer Liebherr has established a plant in Aurangabad to manufacture built-in refrigerators. The production started in April. BIS Certification Major contract manufacturer PG Electroplast initially stopped small appliance production due to limited market opportunities. But BIS QCO certification for various appliances, with increased inquiries from brands, has motivated the company to restart the production of small home appliances. The government's recent mandate that has impacted products like ACs, refrigerators, and electrical components has created a major barrier for foreign manufacturers who lacks BIS certification. This has boosted the domestic production.
Libya Review
17-06-2025
- Business
- Libya Review
Libya Discusses Advanced Offshore Gas Compression Technology with German Firm
The National Oil Corporation (NOC) of Libya held a high-level meeting with representatives from Everllence—a German-Swiss company specialising in energy solutions and industrial gas compressors—at its headquarters in Tripoli. The discussions focused on the potential integration of Everllence's advanced offshore gas compression technology into upcoming NOC projects. The aim is to boost operational efficiency and enhance production reliability at Libya's offshore platforms. Participants also explored opportunities for technical cooperation and knowledge exchange as part of the NOC's broader efforts to modernise its infrastructure and drive sustainable transformation. These efforts align with the corporation's strategy to establish strategic partnerships with global technology leaders in the energy sector. The meeting was attended by project and maintenance supervisors from the NOC's Department of Maintenance Engineering and Minor Projects, the acting Director of Major Projects, experts from both the NOC and Everllence, and representatives from Mabruk Oil Operations and Mellitah Oil & Gas. This collaboration signals a growing focus by the Libyan energy sector on innovation and international cooperation to strengthen long-term gas production capacity and operational stability. Follow us for more on Libya's energy development and strategic partnerships. Libya has been in chaos since a NATO-backed uprising toppled longtime leader Muammar Gaddafi in 2011. The county has for years been split between rival administrations. Libya's economy, heavily reliant on oil, has suffered due to the ongoing conflict. The instability has led to fluctuations in oil production and prices, impacting the global oil market and Libya's economy. The conflict has led to a significant humanitarian crisis in Libya, with thousands of people killed, and many more displaced. Migrants and refugees using Libya as a transit point to Europe have also faced dire conditions. The planned elections for December 2021 were delayed due to disagreements over election laws and the eligibility of certain candidates. This delay has raised concerns about the feasibility of a peaceful political transition. Despite the ceasefire, security remains a significant concern with sporadic fighting and the presence of mercenaries and foreign fighters. The unification of the military and the removal of foreign forces are crucial challenges. Tags: Everllencegasgermanylibyanocoil
France 24
06-06-2025
- Sport
- France 24
Stade Francais eye Top 14 survival after 'rubbish' season
The Parisians, 14-time champions, are in 12th place in the table on 41 points having been in the league since 1997. Perpignan are one spot and one point below them sitting in the relegation play-off berth, as they host league leaders Toulouse. The side finishing in 13th will play the loser of the second-tier Pro D2 final, with Grenoble playing Montauban earlier on Saturday in the 'Access Match'. Bottom of the table Vannes are on 36 points, and face a tough trip to Champions Cup winners Bordeaux-Begles, with all of the day's games kicking off at the same time adding to the drama. "It's the match for survival," Stade Francais back-rower Romain Briatte told reporters on Thursday. "We haven't spoken much this week. "We want to especially agree on the actions," the 32-year-old added. Briatte's side have won just nine league games so far this term, a stark contrast from 12 months ago when they reached the semi-finals. "It's been a very difficult season, A rubbish season," the France flanker said. "We were bored throughout the year," he added. One positive for Stade Francais, owned by German-Swiss billionaire Hans-Peter Wild, who is worth $3.6 billion, is their track record against this weekend's visitors. Castres have not won at Stade Jean-Bouin in the league since 2001 but are eyeing a spot in next week's title play-offs. "There are 80 minutes of a fight that awaiting us," Briatte said "Against a Castres team that will be super determined to win," he added. 'Heads held high' Perpignan, champions in 2009 with an injured Dan Carter, will be boosted by an 18th-straight sold-out crowd when they welcome Toulouse. "I have total trust in Franck Azema to save the club," the Catalans' president Francois Riviere told L'Equipe. "I find him determined and relaxed because he knows I don't doubt him. "Of course Franck would have prefered an easier season but he's not going to beat himself up about it," he added. Vannes have a slim chance of survival having been promoted for the first time ever last season. "This season will remain etched in our memories forever," fly-half Maxime Lafage told his team-mates in a huddle after last weekend's home defeat to Pau. "We will remember it in 10, 20 years. "Keep your heads held high," he added. Along with Castres, five other teams are battling it out for the play-offs. Bayonne, La Rochelle, Clermont, Pau can make them as well as third-placed Toulon, who are guaranteed a spot but they can also reach the semi-finals in a trip to the Basque Country. Fixtures (time GMT)
Euronews
19-02-2025
- Business
- Euronews
Germany's AfD at risk of millions in fines over alleged illegal donation
Germany's far-right Alternative for Germany (AfD) has been entangled in a donation scandal that, if confirmed, would see the party risk millions in fines. The AfD was gifted a record €2.35 million from Gerhard Dingler, a former regional manager for Austria's Freedom Party (FPÖ), on 1 February. However, an investigation from Der Spiegel and Austrian newspaper Der Standard suggests that Dingler was given the money by German billionaire Henning Conle. The reports say that Dingler presented his bank with the money several weeks ago, claiming it was for a "real estate project". The €2.35 million was then transferred from his account to a company in Cologne that specialised in poster advertising. The exact amount was reported to the Bundestag at the beginning of February. Under German law, so-called "straw man" donations would be considered illegal party financing, as donations over €500 must identify donors. If confirmed, the AfD would face a fine three times the donation amount — which in this case amounts to around €7 million. The AfD did not immediately respond to Euronews' requests for comment. Motives unclear It's not the first time Conle — a German-Swiss billionaire property owner who has reportedly invested heavily in central London properties — has been accused of illegally donating to the AfD through a third party. In 2023, the AfD were fined €396,000 over a €130,000 donation in the 2017 general election via a Swiss pharmaceutical company that was linked to Conle.* In 2021, investigative outlet Correctiv reported the billionaire offered the AfD anonymous donations in personal meeting with former AfD spokesperson Frauke Petry. Petry acknowledged that Conle had attempted to offer the AfD party donations, but that the AfD did not accept them. According to Aurel Eschmann, an expert on party financing from NGO Lobby Control, it is unclear why Conle would donate to the AfD through an intermediary. "As a German citizen, he (Conle) could donate without problems," Eschmann said. "Conle is already well-known as an AfD supporter. Therefore, the fear of reputational damage is an unlikely motive." "The investigative authorities should urgently examine whether Conle himself could act as a straw man for other donors as well. This is also because, according to media reports, Dingler acted for an obscure 'Club of Friends and Sponsors of Peace and Security,'" says Eschmann. The AfD is unlikely to face an immediate fine if the allegations are true. According to Der Spiegel, Austrian authorities are investigating allegations of money laundering and covert party financing.
