Triveni to hive off steam turbine biz

Hafele Unveils Matrixbox Premium+ Drawer System

Hafele has introduced the Matrixbox Premium+ Drawer System, designed to combine refined aesthetics with simplified installation and enhanced performance for modern interiors. The system is positioned for use across kitchens, wardrobes and storage applications in both residential and commercial spaces.Matrixbox Premium+ features clean lines and a premium finish that integrates seamlessly with contemporary cabinetry. In addition to its visual appeal, the drawer system offers increased load-bearing capacity, supporting smooth and reliable operation even under regular, heavy use, while ensuring lo..

ONGC Caps Mori-5 Well in Five Days After Blowout

Oil and Natural Gas Corporation Limited (ONGC) has successfully established well control at the Mori-5 well, completing the capping operation within a record five days. The achievement underscores ONGC’s strong blowout response capability and operational discipline in managing critical field incidents.The blowout occurred on 5 January 2026 during service operations at the well being carried out by PEC contractor M/s Deep Industries Limited. ONGC immediately activated its in-house Crisis Management framework and mobilised specialised manpower and equipment to ensure rapid, safe and controlled..

NIIT MTS Acquires SweetRush for Up to $26 Million

NIIT Learning Systems Limited, through its NIIT Managed Training Services (NIIT MTS) arm, has recently acquired 100 per cent of US-based SweetRush, Inc for an aggregate consideration of up to USD 26 million. The transaction was completed via NIIT MTS’ wholly owned subsidiary, NIIT (USA), Inc., and includes performance-linked earnouts over the next five years, subject to customary adjustments.Headquartered in San Francisco, SweetRush was founded in 2001 by Arturo Schwartzberg and Andrei Hedstrom. The company employs over 100 professionals, supported by an extended network of learning experts ..