Industrial Services Industry News Section.
22.Jun.24 10:35 AM

Godrej Family Business Realignment Approved, Ushering in a New Era

The Godrej family's long-awaited business realignment has received the green light from the Competition Commission of India, paving the way for a new chapter in the 127-year-old conglomerate's history. Under the terms of the agreement, Adi and Nadir Godrej will assume control of the group's listed entities, including household names like Godrej Consumer Products and Godrej Properties.
22.Jun.24 8:59 AM

Challenges and Initiatives for LGBTQ+ Inclusion and Gender Diversity in the Workplace

Despite the acknowledgment of the LGBTQ+ community by the Supreme Court of India in 2018, social struggles continue for LGBTQ+ individuals. Employers are working to ensure inclusivity and safety for LGBTQ+ employees in the workplace, with key challenges including the need for diversification particularly in male-dominated industries like manufacturing and logistics.
22.Jun.24 7:52 AM

Adani Ports Surges to Become World's Largest Transport Provider, Reaching $37 Billion Market Value

Adani Ports & Special Economic Zone has become the world's largest transport operations and services provider, surpassing Beijing-Shanghai High Speed Railway with a market value of approximately $37 billion. The company's increasing cargo volumes and inclusion in India's S&P BSE Sensex Index are expected to drive further growth.
22.Jun.24 1:07 AM

General Dynamics Wins $202.7 Million Contract for Planning Yard Services

General Dynamics' Bath Iron Works division has secured a $202.7 million contract to provide planning yard services for its DDG 51 guided-missile destroyer ships, with the potential to reach $1.13 billion if options are exercised. This contract reflects the growing global demand for advanced naval capabilities and positions General Dynamics to benefit from increased spending on defense systems.
21.Jun.24 4:23 PM

Reopening of Night Refuge for Vulnerable Women Expected in Perth After Political Wrangle

After a prolonged closure due to political disagreements, a night refuge for vulnerable women in Perth is set to reopen soon, providing a crucial safe space for those escaping violence. The journey to reopening the Safe Night Space has been fraught with conflicts between state government officials and the Perth Lord Mayor over funding and operational issues.