Latest news with #Kirloskar
Time of India
11-07-2025
- Business
- Time of India
‘Govt aims to integrate agri with modern technology'
1 2 Kanpur: Minister of state for horticulture, agriculture foreign trade, and marketing (Independent Charge), Dinesh Pratap Singh, honoured farmers by providing agricultural equipment and financial assistance under the 'Chief Minister's Farmer Gift Scheme' and the 'Chief Minister's Field-Fire Accident Assistance Scheme' at a grand ceremony held in Naubasta Mandi on Friday. The selected farmers received modern agricultural tools through lucky draws and bumper draws, including five 35-horsepower tractors, six power tillers, nine power-driven harvesters/reapers, twelve Kirloskar pumping sets (8 horsepower), eighteen power sprayers, two power winnowing fans, eighteen mixer grinders, thirty solar power packs, and eighteen 43-inch smart televisions. Additionally, under the Field-Fire Accident Assistance Scheme, cheques for financial aid were given to 33 affected farmers. The minister said that the Uttar Pradesh government is continuously striving for the welfare of farmers. "The government's aim is to integrate agriculture with modern technology and provide quick relief to farmers in any crisis," he said. He mentioned that the schemes run by the Mandi Parishad are bringing significant changes to the lives of farmers and traders. All schemes are being implemented with transparency and sensitivity, in line with the government's intentions. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like This Could Be the Best Time to Trade Gold in 5 Years IC Markets Learn More Undo Addressing farmers and traders, the minister encouraged them to directly raise any issues related to the Mandi Committee, assuring that they would be resolved on a priority basis. He engaged with those present in the Mandi premises, providing detailed information about departmental schemes and assuring them that the government stands with farmers at all times.
Indian Express
10-07-2025
- Business
- Indian Express
UK or France? Cabinet waits for DRDO on combat aircraft engine
REALISING the imperative to acquire expertise on engine technology, the government has decided to pursue this objective by pushing Defence Research & Development Organisation (DRDO) to join hands either with Britain's Rolls-Royce or France's Safran to co-develop aircraft engines in India. 'Engines are a constraining factor… a strategic decision has to be taken. Both Rolls-Royce and Safran are contenders for fifth-generation Advanced Medium Combat Aircraft. A Cabinet note will be prepared from the DRDO side and circulated,' an official told The Indian Express. Both the companies have offered to collaborate with DRDO's Bengaluru-based Gas Turbine Research Establishment lab and provide full ToT and IPR, the government official said. A Cabinet note will be floated for this soon and the process has been initiated by the DRDO, the official said. As India works to bolster its domestic defence manufacturing capacity, delays in engine supplies by GE to the Tejas aircraft due to supply-side issues, have led to a realisation that engine technology is a big constraining factor for the Indian defence forces. Amid efforts to develop aircraft engines indigenously, both Rolls-Royce and Safran have agreed to co-develop a new engine for AMCA, a twin-engine 5.5-generation stealth fighter. This comes months after the Indian Navy issued a project sanction order for the design and development of a 6 MW-medium speed marine diesel engine with Kirloskar Oil Engines Ltd. The prototype diesel engine with indigenous content of over 50 per cent will be developed at a cost of Rs 270 crore with 70 per cent funding from the Centre. The developed engines will be used for main propulsion and power generation on ships of the Indian Navy and the Indian Coast Guard. Most of the diesel engines of higher capacity were being imported from foreign equipment manufacturers so far. 'Very few Indian companies actually own engine technology. For aircraft, ships or even automobiles, we still don't entirely own the engine technology. The engines are getting designed abroad. The Kirloskar project (marine engines) will start the process of achieving self-reliance in marine engine development in the country. We are keen to do the same in aircraft engines,' the official said. The delays in delivery of the F404-IN20 engine by GE Aerospace to Hindustan Aeronautics Ltd for the Tejas Light Combat Aircraft Mk 1A fighter jet were attributed to problems faced by the American company in reviving its downstream supply chains, immediately after the Covid pandemic. 'The Tejas engine delays were caused by supply chain issues faced by the OEM (Original Equipment Manufacturer GE Aerospace). There is a need to have greater control of the engine procurement. As was done in the case of marine engines (with Kirloskar), the idea is to develop a local supply base for aircraft engines and we will do everything to develop an ecosystem here,' the official said. The RFI (request for information) has been issued by Aeronautical Development Agency (ADA) and preliminary rounds of discussion with prospective players have been held. The new engine for the AMCA, with a thrust class of 110-130 kN, is crucial for the aircraft's capabilities like supercruise and stealth optimisation. It is targeting a first flight by 2029-2030 and induction by 2035. Initial AMCA prototypes and the first production batch (Mk1) will use imported GE F414 engines. The more powerful locally-produced engines are being planned for the AMCA Mk2 variant. Rolls-Royce's proposal involves developing a range of high-thrust turbofan engines for potential use in transport and civilian aircraft while Safran's proposal entails a prototype derived from its Rafale fighter's M88 engine family. Safran, which has a base here, also proposes to leverage its offset obligations from the Rafale deal and potentially boost the indigenous Kaveri engine programme. Alongside its AMCA push, the government is also examining proposals from Russia (Su-57) and the US (F-35) for procuring a batch of fifth generation aircraft as a short-term measure to meet the Indian Air Force's immediate needs, particularly in light of Pakistan procuring J-10C and newer fifth-gen fighters from China. The problems with the American offer for the Lockheed Martin-built aircraft include invasive end-use monitoring clauses and interoperability issues with India's traditional French and Russian fleet that comprise Su-30MKIs, Rafales, Mirage 200s and the indigenous Tejas Mk1A. There is also renewed focus on mid-air refuellers and Airborne Early Warning and Control Systems or AWACS, with RFIs being initiated by the Ministry of Defence for both these categories of equipment, officials said. Aanchal Magazine is Senior Assistant Editor with The Indian Express and reports on the macro economy and fiscal policy, with a special focus on economic science, labour trends, taxation and revenue metrics. With over 13 years of newsroom experience, she has also reported in detail on macroeconomic data such as trends and policy actions related to inflation, GDP growth and fiscal arithmetic. Interested in the history of her homeland, Kashmir, she likes to read about its culture and tradition in her spare time, along with trying to map the journeys of displacement from there. ... Read More Anil Sasi is National Business Editor with the Indian Express and writes on business and finance issues. He has worked with The Hindu Business Line and Business Standard and is an alumnus of Delhi University. ... Read More
Mint
26-06-2025
- Business
- Mint
Kirloskar cos drag Sebi to court—say key disclosure rules are ‘unconstitutional'
Mumbai: In a dramatic escalation of the long-running Kirloskar family dispute, five listed Kirloskar Group companies have moved the Bombay High Court challenging the constitutional validity of a regulation that mandates disclosure of private agreements by promoters, directors, and other stakeholders. Kirloskar Oil Engines Ltd (KOEL),Kirloskar Ferrous Industries Ltd,Kirloskar Pneumatic Company Ltd,Kirloskar Industries Ltd, and GG Dandekar Properties Ltd have individually filed writ petitions challenging regulations laid down by the Securities and Exchange Board of India. Mint has seen a copy of the petitions. The companies said Sebi's disclosure rules were 'manifestly arbitrary', 'disproportionate', and 'impermissibly retrospective'. They argued that the regulator had overstepped its mandate by effectively compelling listed companies to treat third-party agreements—including those they may not have signed or ratified—as binding and material. The Bombay High Court has sought Sebi's response and is expected to hear the matter on 20 August. The outcome could have wide-ranging implications for corporate disclosures, particularly for companies with complex ownership or family-led structures. The petitioners have contested Regulation 30A and Clause 5A of Para A of Part A of Schedule III of the Sebi (Listing Obligations and Disclosure Requirements) Regulations, 2015, as well as Sebi circulars dated 13 July 2023 and 11 November 2024, which operationalised these rules. Regulation 30A and Clause 5A require listed companies to disclose certain types of agreements even if the entity is not a direct party, if such agreements impact the company's management, control, or impose any restriction or liability. The petitioners have also challenged Regulation 30(13), which requires listed entities to promptly disclose significant communications received from regulatory, statutory, enforcement, or judicial authorities. 'The regulations run contrary to the basic principle of 'consent' or 'consensus ad idem'—a pre-condition to formation of a contract under the Indian Contract Act,' the companies have stated in their petitions. The legal actions come amid the ongoing Kirloskar family feud over a 2009 'Deed of Family Settlement' (DFS), a private arrangement that outlined the distribution of control, management, and ownership across various Kirloskar companies among family branches. Sanjay Kirloskar-led Kirloskar Brothers Ltd, a listed entity from the Kirloskar Group, has demanded that Kirloskar Oil Engines Ltd (KOEL) and other group firms disclose the DFS under Regulation 30A. KOEL maintains it is not a party to the DFS and therefore should not be compelled to disclose it. Sebi, in a communication issued in December 2024, had advised KOEL to disclose the DFS, stating that the document 'remains subsisting in nature and indirectly imposes restrictions' on the company. In their petitions, the listed Kirloskar Group companies have argued that Sebi's disclosure rules violated well-established principles of company law and contract law, including the doctrine of privity and a board's exclusive authority over decisions binding a company. Sebi's move also raised concerns over unintended consequences and unreasonable outcomes, such as being forced to disclose agreements made by unrelated or disgruntled individuals, they said. 'It envisages absurd and unreasonable circumstances where… any employee (at whatever post or even a disgruntled employee)… can bind a listed entity to an agreement… merely upon informing the listed entity of such agreement,' the petitioners stated. They also argued that Sebi was encroaching on the domain of civil courts. 'By interpreting disputed agreements which are in fact sub judice… Sebi is assuming the role of a civil court… and encroaches on the jurisdiction of the civil court,' the petitions state. Kirloskar Brothers Ltd (KBL) has filed an intervention application arguing that several other listed companies—such asHikal Ltd,DCM Ltd,TVS Motor Co. Ltd, andAdani Wilmar Ltd—have already complied with Sebi's disclosure requirements without challenging the regulation's legality. "Given that the regulation has already been acted upon and complied with by multiple listed entities… there exists no justifiable basis for the companies for challenging its constitutional validity at this belated stage apart from the petitioners' mala fide motives,' KBL's application states. Vishwanath Iyer, partner at law firm Anand Sharma and Associates, said calling Regulation 30A as 'unconstitutional' was a stretch. 'Courts have repeatedly affirmed Sebi's wide rule-making power over listed companies. Earlier precedents make it clear that a mere requirement to place a decades-old family deed on the stock exchange website is nowhere near a violation of fundamental rights,' Iyer said. 'It is unusual that a listed company is claiming Sebi's LODR guidelines as unconstitutional. The Bombay High Court is likely to ask why a company that benefits from public markets thinks it can opt out of the transparency bargain that every other issuer accepts,' he added.
Scroll.in
14-05-2025
- Business
- Scroll.in
From the biography: Why RD Karve's ‘Samaaj-swaasthya' magazine advocated birth control in the 1920s
Raghunathrao Dhondo Karve was already over 44 years of age when he joined the Bombay–Bahrain Company. Prior to that, he had spent 15 months being jobless and would naturally have heaved a sigh of relief at landing a job. With financial support having arrived, he immediately began publishing Samaaj-swaasthya. However, Malatibai's ill-health flared up in 1928 and her medical expenditure increased. Besides, while he was in the company, he was required to visit the Gulf of Iran along with Rosenthal Saheb. Thus, in 1919 he went to Paris; in 1925 to Nairobi on the invitation of his brother Dr Shankarrao, and from 1926 to 1932 he visited the Gulf of Iran along with his boss. During his lifetime, therefore, he travelled to three foreign countries. Samaaj-swaasthya came out with its first issue on 15 July 1927. Its size was 7' X 5' and remained the same till the last issue of November 1953, which was published after his death. The earliest issues carried the image of a lighthouse on the cover. Later, it carried the sketch of a naked woman, and still later, of a number of naked women. The number of pages would keep fluctuating. For the 26 years and four months of its existence, it would be put into post on the 15th of every month. He was a disciplined person by nature anyway, but also had as his ideal the discipline that was observed by the magazine Kirloskar. In 1944, the Second World War caused the Depression across the world and prices began to soar, causing a shortage of newsprint. This impacted Samaaj-swaasthya too, making the already slim magazine slimmer. The result was that the August– September–October issue was required to be published as a joint issue. Except for this one anomaly, Samaaj-swaasthya was always published on time. In its inaugural issue, Raghunathrao laid down the objectives and policies of the magazine in the following words: The objective of this magazine is to hold discussions on the physical and mental health of individuals and of society and what we should do about maintaining it. There are certain subjects which other journalists hesitate or fear to discuss in print, however important they may be. As ordinary readers find it extremely difficult to get information on those subjects, our intention is to remove those difficulties. Our information shall not be of philosophical nature only, but it will be practically useful. The word kaam-shaastra has been misused, but we are compelled to use this word to mean 'a scientific examination of the sexual urge'; there is no reason, therefore, for anybody to take offence on this point. The path that Raghunathrao had chosen was difficult. He rustled up this magazine with the purpose of educating the masses and for that he was always required to scrape and scrounge for funds. If a magazine has to run, the editor must have an entire team of writers available. Like-minded writers must be brought together so that there is never a shortage of articles. Raghunathrao believed he should have various kinds of writers available to him and all these writers should be compensated for their efforts. He believed that since he was not in a position to pay them, he had no right to ask them to write. In spite of knowing this, Bhaskarrao Jadhav, Madhavrao Bagal, Sahridaya Mahad and a few others would send their articles voluntarily, which Raghunathrao published in Samaaj-swaasthya. Shakuntala Paranjape also offered invaluable help in this matter. Raghunathrao would write most of the matter for the magazine himself. Along with his original writing, there would also be articles translated from French. To underline the message that truth is always naked, he decided to print pictures of naked women on the cover. But Raghunathrao has written that the managers of many printing presses would refuse to accept such pictures despite being offered money in advance. Bombay Vaibhav, the printing press of the Servants of India Society established by the late GK Gokhale had agreed to print our magazine (not for free); but when its manager R Dewale saw our manuscript, he said that our opinions were far too revolutionary and refused to print it. As a result, we could not get the print quality we had wanted, and the publication was delayed too. And the members of that Society consider themselves liberal. The same issue says that 'even a backward magazine like the monthly Manoranjan refused to carry our paid advertisements.' Thus, even during its early period, the managers of printing presses as well as the owners of contemporary magazines refused to cooperate with Raghunathrao. Even after it started getting published regularly, it had to confront many obstacles. It was quite understandable that opposition should come from the ultra-orthodox with their mildewed ideologies; but it doesn't appear that those who considered themselves progressive were much in favour, or that Raghunathrao gained any active support from them. The fact is that during those times nobody talked much about heterosexual relationships, sexually transmitted diseases, and certainly never wrote on it. There was just one autobiography of Nana Phadnis that talked about his extramarital indulgences, but that was clearly an exception. Our culture had Rama as a paragon of virtue and fidelity to one woman; but that never meant that all men were embodiments of virtue. Our great writers have admonished, 'Never give your books, money or woman to another; if you do, they rarely come back; and even if they ever do, they return in a wrecked and contaminated state.' These great writers would have felt the need for this admonition only because of what they saw in the society around them, surely. In Mrchchha-katika, the depiction of the courtesan Vasantasena and the married man Charudutt can be taken as representing reality. When Tukaram counselled, 'parviya naari rukmai samaan' (A woman not one's own is sacred), he was talking in the context of prostitutes. Also, when the heroine of a laavani expresses her sexual passion by telling the young, shelter-seeking traveller that her husband is out doing guard duty and her mother-in-law at home suffers from night-blindness, it sounds quite natural. All of this obviously means that heterosexual relationships have always existed in society, but they cannot be expressed openly, resulting in incurable diseases that are suffered in silence. This would happen on quite a large scale. Raghunathrao had himself seen such people in the hostel during his college days. That was when he had realised the extreme need for creating public awareness on the issues of sexually transmitted and other incurable diseases as also on the alarmingly burgeoning population. Dr Robinson and Margaret Sanger in America and Marie Stopes, Norman Haire, Ellis and others were either pondering over this subject scientifically or had actually opened clinics for dispensing advice and treatment. In our parts, there was nobody either offering scientific guidance or even writing about it. This was the vacuum that Raghunathrao tried to fill by bringing out his magazine Samaaj-swaasthya and by starting a birth-control centre at Parel earlier.
Khaleej Times
09-04-2025
- Automotive
- Khaleej Times
Kirloskar Oil Engines unveils world's smallest 1000 kVA generator at Middle East Energy Exhibition
Kirloskar Oil Engines Limited (KOEL), a pioneer in power generation solutions, proudly launched the Optiprime Dual Core 1000 kVA generator - the world's smallest in its category - at the prestigious Middle East Energy Exhibition. This game-changing product is a testament to KOEL's engineering excellence, combining compact design, high performance, and environmental sustainability to meet the evolving demands of industrial and commercial sectors worldwide. In addition to this breakthrough innovation, Kirloskar also introduced the Sentinel Series - a newly developed range of high-performance generators tailored for residential and small business applications. Together, these product lines underscore the company's unwavering commitment to delivering energy-efficient, eco-conscious solutions that surpass global emission standards. The event was graced by Satish Sivan, Consul General of India in Dubai, who attended as the chief guest, adding prestige to the momentous occasion. Gauri Kirloskar, managing director of Kirloskar Oil Engines, highlighted the brand's alignment with the Make in India initiative and its instrumental role in reinforcing economic and technological collaborations between India and the Middle East. She also reiterated KOEL's long-standing vision of driving sustainable growth through smart, future-ready energy solutions. Kirloskar's portfolio also includes a range of alternative-fuel engines, designed to run on ethanol, methanol, biodiesel, natural gas, biogas, and hydrogen - offering dual-fuel and flex-fuel capabilities that help industries lower their carbon footprint and transition to cleaner energy sources. With a strong international footprint and an extensive distribution network, Kirloskar Oil Engines is well-positioned to bring these cutting-edge innovations to global markets, powering a more sustainable, resilient, and efficient future.
