Gabriel David appointed global head of CRISIL Global Research and Analytics

CRISIL has appointed Gabriel David as its global head of business development and marketing for its global research and analytics business

CRISIL announced the appointment of Gabriel David as its global head of business development and marketing for its global research and analytics business.

CRISIL's Global Research and Analytics (CRISIL GRA) business is the leading provider of high-end research and analytics to the world's largest financial institutions and leading global corporations.

Operating from seven research centres around the world, CRISIL GRA serves 11 of the top 15 global investment banks and 30 Fortune 500 companies, across a range of industries.

CRISIL's senior director, global research and analytics business, GV Mani, said in a statement, "With an experience of over three decades in global financial services, I am confident that Gabriel will be able to position CRISIL GRA more strongly amongst leading global financial institutions and international corporations and will help the business gear-up for the next level of growth. This appointment reflects the growing demand for our services worldwide and also our commitment to building stronger relationships with our customers.

David is globally acknowledged as an authority on risk management and has been an external adviser to senior bank executives and central banks and regulators in the G-20 countries in information technology and business process operations, risk management, credit risk management, Basel II, Solvency II and EU/Capital Adequacy Directive III compliance.

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Kirloskar Brothers commissions concrete volute pump for cooling water application

Kirloskar Brothers has announced successful commissioning of India’s largest concrete volute pumps for condenser cooling water application for the first unit of 4,000 MW (5 units of 800 MW each) thermal power project of Coastal Gujarat Power

|Kirloskar Brothers Ltd (KBL), a leading company in  global water management solutions, has announced successful commissioning of India's largest concrete volute pumps for condenser cooling water application for the first unit of 4,000 MW (5 units of 800 MW each) thermal power project of Coastal Gujarat Power Ltd (a Tata group company) at Mundra, Gujarat. This, incidentally, is India's first ultra mega (above 800 mw) thermal power plant.

KBL is executing an order for 10 cooling water concrete volute pumps for this project. Each unit consists of two sets of concrete volute pumps with a capacity of 17500 litres per second per pump driven by 5.2 MW HT motors. All 10 pumps will be installed at a single location, making it the World's largest condenser cooling water pumping system for a thermal power plant handling 175,000 litres per sec.

This 4000 MW power plant project is expected to benefit close to 16 million domestic consumers apart from supplying cost competitive power to industry and agriculture.

Speaking on the occasion, Mr Ravindra Pande, vice president & sector head (power), KBL said, "This project at Mundra was a major technological challenge because such massive concrete volute pumps were never before deployed in a power plant to handle sea water."

On Monday, KBL ended 1.85% up at Rs151 on the Bombay Stock Exchange, while the benchmark Sensex declined 0.97 to 19,262.54.

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MAN Industries wins orders worth Rs550 crore

MAN Industries (India) has secured orders worth Rs550 crore from various clients for supply of large diameter pipes for oil & gas sector

MAN Industries (India) Ltd, one of the leading large diameter pipe manufacturing companies in the country, announced that it has secured orders worth Rs550 crore from various international and domestic clients for supply of large diameter pipes for oil & gas sector. These orders are for supply of approximately 1 lakh tons of large diameter pipes in both LSAW as well as HSAW segments.

With the latest orders of approximately Rs550 crore, MAN Industries's total order book stands at about Rs1,700 crore as on date. These orders are to be executed over a period of next 12 to15 months.

On Monday, Man Industries ended 0.14% up at Rs71.25 on the Bombay Stock Exchange, while the benchmark Sensex declined 0.97 to 19,262.54.

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