Post Tagged with: "Valves"

Corrosion corrodes 6% of India’s GDP every year

Corrosion corrodes 6% of India’s GDP every year

 India is struggling to increase its GDP by a few decimal points, but it can be shocking to know that 3% of the GDP eroded in corrosion every year, said Dr Baldev Raj, President – Research, PSG Institutions. The quantum of loss on account of corrosion is equal to the revenue contributed by the Indian Railways to the exchequer.  Delivering[Read More…]

Kar Mobiles merges with Rane Engine Valves

Rane Group, one of India’s leading auto component manufacturer, today announced merger of Kar Mobiles Limited (KML) with Rane Engine Valve Limited (REVL) effective 1st April 2014. The board of directors of both the companies approved the merger in their respective meetings held today. The exchange ratio will be 7 shares of REVL for every 10 shares of KML. The[Read More…]

by May 21, 2014 Finance, News, Web Exclusive