Honeywell

Honeywell International names Vimal Kapur, a 34-year company veteran as CEO

(Reuters) - Diversified manufacturer Honeywell International Inc said on Tuesday Vimal Kapur, a 34-year company veteran, would succeed Darius Adamczyk as chief executive officer on June 1

US consumer tech firm Honeywell appoints Ashish Modi as India biz head

US-based consumer technology company Honeywell on Thursday announced the appointment of Ashish Modi as country president for India

Honeywell bullish, sees growth across infra, energy transition, automation

Industrial technology firm Honeywell is bullish on the Indian market and sees growth opportunities across segments mainly infrastructure development, energy transition projects, automation etc in the country to drive growth, a top official of the company said on Wednesday. Honeywell India President Rajesh Rege said that India looks to be a brighter spot in the global economic landscape based on GDP data that is coming from experts. According to the Reserve Bank, the real GDP growth for 2022-23 is projected at 6.8 per cent with the third quarter at 4.4 per cent and the fourth quarter at 4.2 per cent, with risks evenly balanced. Real GDP growth is projected at 7.1 per cent for the first quarter of 2023-24. Rege, however, expressed concern about the rupee devaluation. "I see India as an opportunity. I see India having growth. I am not concerned. One area that could have been better is the slide in the rupee that we had," he said. Honeywell has a business of around USD 1 billion in In

In season of pollution, here is what your air purifier needs to do

The device must clean up particulate matter, allergens and ultra-fine dust particles

HAL signs contract worth over $100 mn with Honeywell for HTT-40 engines

The Hindustan Aeronautics Limited (HAL) on Wednesday signed a contract worth over USD 100 million with Honeywell for supply and manufacture of 88 TPE331-12B engines/kits along with maintenance and support services to power the Hindustan Trainer Aircraft (HTT-40). HAL CMD R Madhavan said the company has successfully developed Basic Trainer Aircraft (HTT-40) to address the basic training requirements of the IAF. "There is (a) potential requirement of 70 aircraft. The contract for the same with IAF is under advanced stage of approval, he added. We are proud of our four decade long partnership with HAL and happy to extend our relationship with this new order, said Senior Director, OE Sales, Honeywell Defense & Space, Eric Walters. The TPE331-12 family of engines has proven itself in operations all over the world, and we have committed to support and deliver engines as well as kits within the stipulated schedule to meet the requirements of the IAF. Honeywell is committed to support ...

Honeywell & IISc extend partnership to support 13 new startups, promote R&D

Honeywell Hometown Solutions India Foundation (HHSIF), the philanthropic arm of Honeywell India, and the Society for Innovation and Development (SID) at the Indian Institute of Science (IISc) here have extended their partnership to support 13 new startups to promote research and development (R&D) in deep science and fuel local innovation. HHSIF will provide these startups with seed capital, while SID will offer infrastructure support, access to the right technology, mentoring, and human capital. Startups focused on R&D in deep science solutions were eligible for funding and support under this partnership, HHSIF said in a statement on Monday. Preference was given to startups with founders from marginalised communities or to those working on solutions that have a direct impact on disadvantaged communities, it was stated. Accordingly, startups that have been selected under this round of funding include those working on COVID-19 solutions, developing medical technologies to assist

Engineering firm Honeywell names Rajesh Rege as country president for India

Rege joined office today and he will be based in Bengaluru

India data centre capacity to rise over 4 times by FY26: Honeywell

Tech major Honeywell on Tuesday said its solutions for data centres are helping drive profitability for customers through reduced maintenance cost, optimised uptime and enhanced security. The Nasdaq-listed company, which is a global leader in connected buildings, said India's data centre capacity is forecast to rise 4.5X by FY25-26. About 30 per cent of capex cost is power-linked costs. "In India, we have about 600 megawatt capacity, capacity of data centre is measured in megawatts and today, capital for roughly about 1,000 megawatt capacity is committed...another about 1350 megawatt of capacity is in final stages of finalisation, the two together what we see is about 4x growth of the data centre capacity in the next four or five years," Ashish Modi, President at Honeywell Building Technologies Asia, told reporters. Honeywell's data centre solutions have a presence in over 62 countries and its platform for data centre is used in about 5,000 data centres across the globe, he added.

Medical oxygen from Honeywell technology has saved 120,000 lives in India

Patented technology of US firm, which tied up with DRDO last month, to save 66,500 more people in July-August

Honeywell launches authentication tech to prevent counterfeit pharma drugs

Honeywell on Monday announced digital authentication technology for the pharmaceutical industry in response to the growing menace of counterfeit products

Honeywell says partnering with Indian govt to ramp up oxygen production

Honeywell International Inc said on Monday it was partnering with the Indian government to ramp up oxygen production in the country

S&P 500, Nasdaq higher after factory data; Amex, Honeywell results hit Dow

Eight out of the 11 major S&P 500 sectors traded higher in the first half hour of trading

Honeywell eyes 10% revenue contribution from its SME brand Impact in 2 yrs

Technology firm Honeywell on Wednesday announced setting up of a new segment under brand name Impact

Airtel, L&T and TCS to see huge passive inflows as global indices rejig

Apollo Hospitals, Honeywell Automation and Adani Total Gas may see buying due to their entry in FTSE All world index; MSCI rebalancing expected to take place Friday, could spur inflows of over $250 mn

Honeywell partners with IISc to fund startups solving societal problems

Some of these startups are also working towards Covid-19 solutions, including building a new class of eco-friendly specialty fluorescent dyes and a rapid point-of-care diagnostics test for use in low

We've grown 2-3 times faster than India's GDP: Honeywell India chief

In a Q&A, Akshay Bellare, the president of Honeywell India, says Covid-19 has come as an opportunity and that he expects double-digit growth in the country over the next five years

BPCL makes faster, cheaper tech to test crude; in talks with MNCs for sale

BPCL has been developing the technology since FY16 and reached commercial production stage two years ago

Hindustan Coca-Cola appoints Melvin Tan as new chief financial officer

Announcing the appointment, Ruggiero said, Tan brings in the best practices of the global Coca-Cola system, along with his strong background in accounting and financial management.

IIT Kharagpur sees a record 1,000-plus placement offers in five days

Top recruiters include Honeywell, which made 36 offers, followed by Exel (25), Microsoft (24) and Barclays (20)

Delhi air pollution: US tech to convert rice stubble into biofuel, not smog

The United States Trade Development Authority (USTDA) signed up to allocate a grant of $300,000-500,00 to Indian engineering firm, The Virgo Group, to carry out a 'scoping study'