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KPIT Technologies
KPIT Technologies Limited (formerly KPIT Cummins Infosystems Ltd) is an Indian multinational corporation which provides embedded software and product engineering services to automotive companies. Popularly known as KPIT, the company is headquartered in Pune and has development centers in Europe, USA, Japan, and China, apart from India. KPIT has filed 58 patents, published some research papers, and has won several awards for innovation. History KPIT was co-founded in 1990 by Ravi Pandit and Kishor Patil, as KPIT Infosystems. Both of them are chartered accountants by profession, and they were partners in an accountancy firm, Kirtane & Pandit Chartered Accountants (KPCA). The company made its initial public offer (IPO) in 1999, which was 50 times oversubscribed. In 2002, Cummins Infotech, the IT department of Cummins merged with KPIT, and the name of the company became KPIT Cummins Infosystems Ltd. KPIT Cummins Infosystems changed its name to "KPIT Technologies Limited" i ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Corporate Spin-off
A corporate spin-off, also known as a spin-out, or starburst or hive-off, is a type of corporate action where a company "splits off" a section as a separate business or creates a second incarnation, even if the first is still active. Characteristics Spin-offs are divisions of companies or organizations that then become independent businesses with assets, employees, intellectual property, technology, or existing products that are taken from the parent company. Shareholders of the parent company receive equivalent shares in the new company in order to compensate for the loss of equity in the original stocks. However, shareholders may then buy and sell stocks from either company independently; this potentially makes investment in the companies more attractive, as potential share purchasers can invest narrowly in the portion of the business they think will have the most growth. In contrast, divestment can also sever one business from another, but the assets are sold off rather t ...
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Engineering Companies Of India
Engineering is the use of scientific principles to design and build machines, structures, and other items, including bridges, tunnels, roads, vehicles, and buildings. The discipline of engineering encompasses a broad range of more specialized fields of engineering, each with a more specific emphasis on particular areas of applied mathematics, applied science, and types of application. See glossary of engineering. The term ''engineering'' is derived from the Latin ''ingenium'', meaning "cleverness" and ''ingeniare'', meaning "to contrive, devise". Definition The American Engineers' Council for Professional Development (ECPD, the predecessor of ABET) has defined "engineering" as: The creative application of scientific principles to design or develop structures, machines, apparatus, or manufacturing processes, or works utilizing them singly or in combination; or to construct or operate the same with full cognizance of their design; or to forecast their behavior under speci ...
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Software Companies Of India
This is a list of notable companies in the information technology sector based in India. Top Indian companies are listed in descending order of their market capitalization, and other companies are listed alphabetically, grouped by the cities in which they are headquartered. Certain companies have main offices in more than one city, in which case they are listed under each, but minor offices and resources are not listed. Foreign companies that have large presence in India are also included. There are IT companies of Indian origin but headquartered in US and other countries. Several foreign companies have more employees in India than their parent countries. Top Indian companies Other companies See also * List of IT consulting firms The following is a list of the largest notable information technology consulting firms in the world, along with their corporate headquarters location and the total number of consultants they have. Many of these serve primaril ...
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International Information Technology Consulting Firms
International is an adjective (also used as a noun) meaning "between nations". International may also refer to: Music Albums * ''International'' (Kevin Michael album), 2011 * ''International'' (New Order album), 2002 * ''International'' (The Three Degrees album), 1975 *''International'', 2018 album by L'Algérino Songs * The Internationale, the left-wing anthem * "International" (Chase & Status song), 2014 * "International", by Adventures in Stereo from ''Monomania'', 2000 * "International", by Brass Construction from ''Renegades'', 1984 * "International", by Thomas Leer from ''The Scale of Ten'', 1985 * "International", by Kevin Michael from ''International'' (Kevin Michael album), 2011 * "International", by McGuinness Flint from ''McGuinness Flint'', 1970 * "International", by Orchestral Manoeuvres in the Dark from '' Dazzle Ships'', 1983 * "International (Serious)", by Estelle from '' All of Me'', 2012 Politics * Political international, any transnational organization of ...
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JNNURM
Jawaharlal Nehru National Urban Renewal Mission (JNNURM) was a massive city-modernization scheme launched by the Government of India under the Ministry of Urban Development. It envisaged a total investment of over $20 billion over seven years. It is named after Pt. Jawaharlal Nehru, the first Prime Minister of India. The aim is to encourage reforms and fast track planned development of identified cities. Focus is to be on efficiency in urban infrastructure and service delivery mechanisms, community participation, and accountability of ULBs/ Parastatal agencies towards citizens. Motto of the Mission Motto of the JNNURM are to ensure that the following are achieved in the urban sector. (a) Focused attention to integrated development of infrastructure services in cities covered under the Mission;. (b) Establishment of linkages between asset-creation and asset-management through a slew of reforms for long-term project sustainability. c) Ensuring adequate funds to meet the def ...
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Revolo
Revolo is a plug-in parallel hybrid technology that can be retrofitted in both existing and new cars. This technology can also be used in buses and trucks. The technology was developed by KPIT Technologies and the product will be manufactured through a joint venture between Bharat Forge and KPIT. As part of the joint venture, KPIT will license the hybrid technology while Bharat Forge will provide manufacturing, assembly, and integration. Pre-compliance tests conducted at the Automotive Research Association of India (ARAI), Pune have confirmed that the technology provides fuel efficiency improvements by over 40 percent and a reduction in greenhouse gas (GHG) emissions by over 30%. The technology is to be marketed to OEMs and individual vehicle owners through a network of dealerships. Background Planning and concept The idea of Revolo first occurred to Tejas Kshatriya in 2008 when he was stuck in Mumbai traffic en route to Pune. KPIT sanctioned a team of four engineers for the ...
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Lafarge (company)
Lafarge is a French industrial company specialising in cement, construction aggregates, and concrete. It is the world's largest cement manufacturer. It was founded in 1833 by Joseph-Auguste Pavin de Lafarge and is a part of the Holcim Group. In 2015, Lafarge merged with Holcim and a new company was formed under the name of LafargeHolcim. It was renamed to Holcim Group in 2021. Lafarge was convicted of financing terrorism and complicity in crimes against humanity for paying $5.92 million to the terrorist groups Islamic State, ISIS and al Nusra Front between 2013 and 2014 to keep its cement plant in Syria operating. History Foundation and development Lafarge was founded in 1833 by Joseph-Auguste Pavin de Lafarge in Le Teil, France (Ardèche), to exploit the limestone quarry in Mont Saint-Victor between Le Teil and Viviers, Ardèche, Viviers. The limestone is white and argillaceous, and yielded an eminently hydraulic lime. In 1864 Lafarge signed its first international contract ...
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Paccar
Paccar Inc is an American ''Fortune'' 500 company and counts among the largest manufacturers of medium- and heavy-duty trucks in the world, and has substantial manufacturing in light and medium vehicles through its various subsidiaries. It was originally founded as the Seattle Car Manufacturing Company in 1905, primarily producing railroad equipment. In the 21st century, Paccar primarily manufactures trucks and heavy equipment. History Paccar, Inc., was founded by William Pigott Sr. as Seattle Car Manufacturing Company in 1905, with a capitalization of $10,000. Its original business was the production of railway and logging equipment. The company built a new factory in Renton in 1909 after its Duwamish facility was destroyed in fire as well as to fulfill large number of orders. In 1917 it merged with a Portland firm, Twohy Brothers which was its only competitor on the west coast at the time and company was renamed as Pacific Car and Foundry Company. The company manufactured ho ...
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Mechatronics
Mechatronics engineering also called mechatronics, is an interdisciplinary branch of engineering that focuses on the integration of mechanical, electrical and electronic engineering systems, and also includes a combination of robotics, electronics, computer science, telecommunications, systems, control, and product engineering. As technology advances over time, various subfields of engineering have succeeded in both adapting and multiplying. The intention of mechatronics is to produce a design solution that unifies each of these various subfields. Originally, the field of mechatronics was intended to be nothing more than a combination of mechanics, electrical and electronics, hence the name being a portmanteau of the words "mechanics" and "electronics"; however, as the complexity of technical systems continued to evolve, the definition had been broadened to include more technical areas. The word ''mechatronics'' originated in Japanese-English and was created by Tetsuro Mori, an e ...
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Vehicle Diagnostics
On-board diagnostics (OBD) is a term referring to a vehicle's self-diagnostic and reporting capability. OBD systems give the vehicle owner or repair technician access to the status of the various vehicle sub-systems. The amount of diagnostic information available via OBD has varied widely since its introduction in the early 1980s versions of on-board vehicle computers. Early versions of OBD would simply illuminate a malfunction indicator light (MIL) or "idiot light" if a problem was detected, but would not provide any information as to the nature of the problem. Modern OBD implementations use a standardized digital communications port to provide real-time data in addition to a standardized series of diagnostic trouble codes, or DTCs, which allow a person to rapidly identify and remedy malfunctions within the vehicle. History * 1968: Volkswagen introduces the first on-board computer system, in their fuel-injected Type 3 models. This system is entirely analog with no diagnos ...
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