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Allied Engineering Works files IPO papers; seeks to raise Rs 400 cr via fresh issue
Allied Engineering Works files IPO papers; seeks to raise Rs 400 cr via fresh issue

Economic Times

time12 hours ago

  • Business
  • Economic Times

Allied Engineering Works files IPO papers; seeks to raise Rs 400 cr via fresh issue

Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Popular in Markets Smart energy meter manufacturer Allied Engineering Works has filed preliminary papers with the markets regulator Sebi to garner funds through an initial public offering (IPO).The proposed IPO is a combination of fresh issuance of shares worth Rs 400 crore, and an offer-for-sale of 75 lakh shares by promoter Ashutosh Goel, according to the draft red herring prospectus (DRHP) filed on from the fresh issue will be used for part financing the capital expenditure required to set up manufacturing facilities. This includes Rs 116.75 crore for the production of smart gas meters, smart water meters, and IoT (Internet of Things) solutions at the Kundli facility, and Rs 99.71 crore for the production of smart electricity meters at the Rai Rs 120 crore will be allocated towards meeting the company's future working capital requirements and a portion of the proceeds will also be used for general corporate the city-based company considers raising up to Rs 80 crore in a pre-IPO round. If such fund-raising is undertaken, then fresh issue size will be Engineering Works is a technology-driven solutions provider, focused on meeting the evolving needs of utilities in implementing smart metering infrastructure across India and enhancing the efficiency of utility distribution of March 31, 2025, the company has supplied 2.92 million smart energy meters to one utility and 13 Advanced Metering Infrastructure Service Providers (AMISPs) for installation across six states, including Andhra Pradesh, Gujarat, Maharashtra, Haryana, Punjab and Uttar Pradesh, representing about 10 per cent of the total smart energy meters installed in India, according to a Crisil Engineering Works' competes with companies include Genus Power Infrastructures, HPL Electric and Power, Secure Meters, Avon Meters and Capital Power Systems. Axis Capital and IIFL Capital Services have been roped in as merchant bankers to manage the IPO.

Technology Integration of IoT and Smart Drone in Agriculture
Technology Integration of IoT and Smart Drone in Agriculture

Time Business News

time13 hours ago

  • Business
  • Time Business News

Technology Integration of IoT and Smart Drone in Agriculture

Common usage of smart devices and sensors that are internet-connected to track and control farming activities in real time is referred as IoT in agriculture. Farming has become more accurate and productive with farmers that can now gather information on temperature, crop health, livestock activity, and soil moisture by adopting the IoT technology in agriculture domain. The IoT in agricultural industry is set to undergo a substantial shift in the future with modern technology integration and growing focus on sustainability. Increasing use of autonomous tractors and drones is poised to transform farming methods, boosting productivity and decreasing reliance on human labor by automating the planting, monitoring, and harvesting processes. Key Growth Drivers and Opportunities Rising Global Food Consumption: Major pressure on the agriculture industry to process and generate output and efficiency is due to growing population density and shifting dietary patterns. To fulfill this expanding need in a sustainable manner, farmers are using IoT technology, which provide accurate monitoring and control over farming procedures. The crucial need for scalable, data-driven solutions to produce more food with less environmental effect is major factor propelling the IoT use in agriculture and speeding up market expansion on global scale. Challenges The lack of technical expertise where many farmers are not experienced with maintaining smart equipment, utilizing digital tools, or interpreting data analytics is major obstacle for the IoT solution in agriculture adoption. Lack of understanding may cause people to underuse technology or be reluctant to make any kind of investment in it. Innovation and Expansion Farmers Are Using IoT to Take the Guesswork Out of Growing In May 2025, the exploration in biodegradable leaf and soil sensors is done by NSF-funded IoT4Ag center that is paired with drones and robots. Major companies are offering modern multi-sensor soil probes communicating data via LoRaWAN to cloud dashboards. The targeted fertilizer and water management is made feasible by this real-time data, which reduces waste. Although there are still challenges including cost, analytical capability, and rural access, experts view IoT as revolutionary. Wider acceptance depends on agreement between farmers, legislators, and IT developers. ARB IOT Launches Smart AI Drone for Plantation Management in Malaysia In April 2025, Smart AI Drone, was introduced by ARB IOT Group with high-resolution imaging and AI to enable precision mapping, health monitoring, pest detection, and targeted spraying. The drone aims to accelerate the crop yields and sustainability by forming the decisions that are data specific. For early disease detection and optimized irrigation, the drone integrates smart analytics. Thailand Unveils HandySense B‑Farm Smart‑Farming Platform In February 2025, to drive sustainability and lower costs the HandySense B‑Farm was introduced by Thailand's NECTEC which is a smart farming platform that combines AI, IoT sensors and machine vision for next-gen agriculture activities. The medical plants and high-value crops are being promoted as was designed as part of the National Science & Technology Development Agency's digital agriculture strategy refining the crops and promoting sustainable agriculture integrated with modern technology. Major aims consist of improving production efficiency, to improve accuracy, and reduce waste, improving farmers' profit. Smarter yield optimization, pest management, and irrigation are made feasible by embedded systems and sensor analytics. NECTEC highlights this as a significant step in helping Thai farmers shift to the digital age where integration of technology into agriculture is next phase of modern agriculture. Technology Integration, Expanding Markets Growing emphasis on product innovation by creating cutting-edge, user-friendly technology suited to various farm sizes, from smallholders to large-scale operations, is one of the main strategies for IoT in agriculture enterprises. The key players operating in the IoT in Agriculture Market include, Deere & Company, Trimble Inc., AKVA group, Evato Technology Private Limited (O4S), Raven Industries, Inc., and others. About Author: Prophecy is a specialized market research, analytics, marketing and business strategy, and solutions company that offer strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high value opportunities in the target business area. Also, we help our client to address business challenges and provide best possible solutions to overcome them and transform their business. TIME BUSINESS NEWS

EIOTCLUB Physical eSIM Card: Seamless Global Connectivity for 95% of Devices—Even Without Built-In eSIM Support
EIOTCLUB Physical eSIM Card: Seamless Global Connectivity for 95% of Devices—Even Without Built-In eSIM Support

Associated Press

timea day ago

  • Business
  • Associated Press

EIOTCLUB Physical eSIM Card: Seamless Global Connectivity for 95% of Devices—Even Without Built-In eSIM Support

Seattle, Washington, United States, July 5, 2025 -- As global mobility and device connectivity demands continue to accelerate, EIOTCLUB offers an innovative solution: the Physical eSIM Card. Designed for devices without built-in eSIM support, this hybrid SIM delivers full eSIM functionality in a familiar, easy-to-use format. Whether you're managing IoT deployments, traveling internationally, or building smart infrastructure, this card bridges the gap between traditional SIM hardware and modern digital flexibility—no device replacement required. What Is the EIOTCLUB Physical eSIM Card? The EIOTCLUB Physical eSIM Card is a carrier-neutral, plug-and-play SIM that functions like a standard SIM card but unlocks the power of eSIM technology through app-based profile management. Simply insert it into your compatible device to remotely download, store, and switch between multiple data profiles—enabling seamless, location-aware connectivity across regions and networks. Trusted in Demanding Environments Organizations operating in complex and high-stakes environments—such as urban safety and emergency response—have already begun integrating EIOTCLUB's Physical eSIM Card into their critical systems. One such example is a major city protection service in Denver, which incorporated the solution into its patrol vehicles, dashcams, and communication equipment. Since deployment, they have reported: Thanks to its durable operating range (from -40°C to 105°C) and support for major U.S. carriers, the EIOTCLUB Physical eSIM Card has proven its reliability in extreme conditions—delivering stable, secure, and intelligent connectivity where it matters most. Why It Works: Key Features of the EIOTCLUB Physical eSIM Card Behind the consistent performance and flexibility trusted by professionals is a powerful set of features that make the EIOTCLUB Physical eSIM Card a standout solution in modern connectivity. Designed for versatility and reliability, it combines the simplicity of a physical SIM with the intelligence of digital profile management—no hardware upgrades required. Here's what makes it so effective: Users can download, delete, and switch between eSIM profiles as often as needed using the EIOTCLUB App. With support for multiple profiles (approximately 9), this card is ideal for staying connected across various regions and network providers. With support for profile purchases and top-ups by country or region, users can maintain reliable coverage anywhere in the world—without ever swapping SIM cards. It's a future-proof solution for travelers, logistics teams, and IoT operators. The card functions both as a traditional SIM and as a dynamic eSIM, bringing modern flexibility to legacy devices. Compatible with most unlocked Android and iOS smartphones, including major brands like Samsung, Xiaomi, Huawei, and iPhone (with accessory). It also supports GL‑iNet routers such as the Mudi and Spitz AX series, allowing full eSIM control via app or router interface. This blend of intelligent software control and rugged physical design makes the EIOTCLUB Physical eSIM Card a powerful solution for anyone needing dependable, flexible, and scalable connectivity—whether on the move or in the field. Start Smarter Connectivity Today Whether you're scaling smart infrastructure or just seeking reliable data while traveling, the EIOTCLUB Physical eSIM Card offers plug-and-play simplicity with the power of modern eSIM technology. About EIOTCLUB EIOTCLUB is a global leader in industrial IoT connectivity, delivering high-resilience eSIM solutions tailored to mission-critical sectors such as public safety, smart cities, logistics, and industrial monitoring. Learn more at Contact Info: Name: Casso Cheung Email: Send Email Organization: EIOTCLUB CO., LIMITED Website: Release ID: 89163969 If there are any errors, inconsistencies, or queries arising from the content contained within this press release that require attention or if you need assistance with a press release takedown, we kindly request that you inform us immediately by contacting [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our reliable team will be available to promptly respond within 8 hours, taking proactive measures to rectify any identified issues or providing guidance on the removal process. Ensuring accurate and dependable information is our top priority.

Pilot scheme to ensure round-the-clock water supply to begin in Adyar zone
Pilot scheme to ensure round-the-clock water supply to begin in Adyar zone

The Hindu

timea day ago

  • Business
  • The Hindu

Pilot scheme to ensure round-the-clock water supply to begin in Adyar zone

Residents of Adyar zone will get round-the-clock piped water supply by the end of this year as Chennai Metrowater will soon appoint a concessionaire to implement the continuous drinking water supply. The water agency, which is now supplying 35 million litres a day (mld) of water intermittently, would provide about 50 mld of drinking water on a 24x7 basis to wards –169,170, 173,174, 178 to 180 - once the project is completed in two years. Residents would be charged according to water use, and smart water meters would be installed to measure water consumption. The ambitious project is based on the study done by Water Corporation of Odisha to improve Pallipattu and Thiruvanmiyur water distribution stations and execute the round-the-clock drinking water supply in Adyar zone on a pilot basis. It may be recalled that Metrowater had signed a memorandum of understanding with WATCO in July 2023 to implement the project in Kodambakkam and Adyar zones. Officials of the Metrowater noted that this may not be like 'Drink from Tap Mission' in Puri, Odisha. The concept is to ensure continuous, uninterrupted water supply to 64,000 households covering localities, including Adyar, Kotturpuram, Besant Nagar, Guindy, Ekkaduthangal and Taramani, through automation of operations and constant pressure pumping. Pipelines running for 377 km would be covered in the project. Residents of Adyar noted that the project would help maintain an equitable water supply in all the streets. It should also put an end to recurring issues of water mixing with sewage water in some streets. Janani Venkitesh, secretary, ROKA (Residents of Kasturba Association) said 'We get adequate water supply now and it is supplied twice a day in some areas. The pilot scheme to give 24*7 water supply is a welcome initiative to help use resources judiciously. The water agency must gather residents' feedback about effectiveness of the 24x7 metered water distribution system after its implementation.' The pilot project is one of the three schemes being taken up by Metrowater under Hybrid Annuity Model -a public private partnership model- wherein the concessionaire must improve operational efficiency and install smart infrastructure. The entire distribution network would be divided into district metered areas by installing boundary valves and flow meters. Water supply would be provided to dedicated pockets instead of combining with neighbouring areas from the same source to maintain equitable water supply, officials said. The project would use Internet of Things (IoT) technology for data collection and monitoring to reduce water loss and improve water management in the zone. The concessionaire must maintain the network for 15 years. Metrowater is already establishing a similar distribution system for uninterrupted water supply in two wards of Valasaravakkam zone.

How digital skills are powering careers in railways
How digital skills are powering careers in railways

Hans India

time2 days ago

  • Business
  • Hans India

How digital skills are powering careers in railways

The Indian Railway sector is no longer just about trains and tracks; it's also about leveraging cutting-edge technology to improve efficiency, safety, and reliability. With technology playing a bigger role in railway operations, job seekers in the Indian railway sector can no longer rely solely on traditional skills. Instead, they must embrace new technologies and skills to meet the sector's growing demands for efficiency, safety, and sustainability. Indian Railways, one of the world's largest rail networks, is investing heavily in technologies like artificial intelligence (AI), predictive maintenance, and real-time tracking. Here's an in-depth look at the critical skills and technologies that can make a candidate highly employable in this sector: AI and ML-Wave of Intelligent Rail Operations AI and ML are at the forefront of innovation in the railway sector. Indian Railways uses these technologies for predictive maintenance, optimised scheduling, and enhanced passenger experience. A candidate equipped with knowledge in AI and ML can work on: • Predictive Maintenance: AI algorithms analyze data from sensors installed on tracks and trains to predict maintenance needs. Understanding how to handle and interpret sensor data can help candidates contribute to reduced downtime and improved train safety • Scheduling and Demand Analysis: Skills in ML algorithms that optimise schedules based on factors like weather, passenger demand, and historical data can enable better resource allocation and improve punctuality • Data Protection for AI Applications: As these systems rely heavily on data, knowledge of data privacy regulations, encryption techniques, and data anonymization is essential to ensure passenger and operational data is securely handled, especially in light of cybersecurity risks IoT and Real-Time Railway Monitoring IoT has transformed how railway systems operate. Indian Railways is implementing IoT devices for real-time train tracking, live monitoring, and SMART coaches. Proficiency in IoT technology offers various opportunities: • Real-Time Train Tracking: Familiarity with IoT devices and satellite navigation systems (such as those developed in collaboration with ISRO) allows candidates to assist in live tracking projects, improving both passenger experience and operational transparency • Remote Monitoring of Train Health: IoT sensors collect data on train health and detect issues like wheel or track defects. A background in IoT device programming and data analytics is invaluable for candidates aiming to enhance safety and efficiency • Security in IoT Ecosystems: Given the connectivity of these devices, understanding cybersecurity protocols for IoT networks is essential. Skills in securing device data, encrypting communications, and ensuring device authentication can make a candidate stand out Decoding Data for Efficiency The railway sector generates vast amounts of data, from passenger volumes to train performance metrics. Data analytics enables Indian Railways to optimize various aspects of its operations. Skills in this area include: • Predictive Data Analysis: Professionals who can analyze historical data and forecast demand trends help railway management allocate resources more effectively. Knowledge in statistical analysis, data mining, and tools like Python, R, and SQL can be advantageous • Data Visualization Tools: To communicate insights effectively, familiarity with tools like Tableau and Power BI is essential. Data visualizations support operational decisions, such as identifying high-traffic routes and peak travel times • Data Privacy and Protection: With increased data usage, candidates must also be aware of privacy policies and ethical practices surrounding data usage. Ensuring compliance with data protection laws such as the Personal Data Protection Bill is crucial in handling passenger information Cybersecurity Skills for a Connected Rail System The more connected the railway infrastructure becomes, the more vulnerable it is to cyber threats. Understanding cybersecurity principles is critical for anyone working in railway technology. Key skills include: • Risk Assessment: Candidates should be able to identify potential risks associated with various technologies, from IoT devices to AI algorithms. This requires a grasp of threat modeling and understanding common vulnerabilities in railway systems • Network Security for Rail Systems: Familiarity with firewalls, intrusion detection systems, and secure network architectures can help candidates protect the railway's digital infrastructure from cyberattacks Robotics and Automation in Railway Operations Automation plays a significant role in Indian Railways' modernization efforts, from automating maintenance tasks to introducing robotics for infrastructure inspection. Relevant skills in this field include: • Programming for Automation: Knowledge of programming languages like Python, Java, and C++ can help automate repetitive tasks, which is essential for SMART coaches and track maintenance systems • Robotics for Infrastructure Management: Candidates with skills in robotics can work on projects that use robots for inspecting tracks and bridges, reducing the need for manual inspections and improving safety Future-Ready Skills for Indian Railways For candidates looking to enhance their employability in the Indian railway sector, mastering these modern technologies and skills can be a significant advantage. In an industry as vast and dynamic as Indian Railways, those who can blend technical expertise with data protection skills will not only help transform railway operations but will also contribute to a more secure, efficient, and passenger-focused railway system. Embracing these skills allows professionals to play a critical role in shaping the future of rail transportation in India.

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