R Systems Unveils Chaos Engineering Integrated DR Model for Enhanced Business Continuity

  • calendar30 Sept, 02:22 AM (GMT+5:30)
  • time3 Min
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Summary

R Systems International Limited announced on Monday, September 30, that it has launched a groundbreaking resilience engineering model that combines chaos engineering with disaster recovery as a service (DRaaS). 

R Systems Unveils Chaos Engineering Integrated DR Model for Enhanced Business Continuity

Key Takeaways from the Announcement

  • R Systems has launched a new resilience engineering model that combines chaos engineering with disaster as a service (DRaaS) to enhance business continuity and operational resilience.
  • The model anticipates and identifies potential system failures in real-time, addressing vulnerabilities before they become critical and ensuring seamless IT system operations.
  • The model offers continuous resilience testing through automated, cloud-based disaster recovery, providing a future-proof and scalable approach to IT disaster preparedness without requiring constant manual intervention.

This cutting-edge approach combines proactive failure testing with a robust and graceful recovery mechanism, and offers an extended framework for businesses to handle quickly and efficiently both disruption management and business continuity, even under situations of extreme stress.

Enterprises can now benefit from R Systems' holistic approach to IT resilience and disaster preparedness, powered by the BRACED framework. This approach ensures that IT systems are not only resilient but practically bulletproof. The model is designed to anticipate potential system failures by proactively identifying and addressing vulnerabilities before they escalate into critical issues. This real-time resilience ensures systems remain operational even in challenging scenarios.

Furthermore, the model guarantees real-time recovery, achieving near-zero Recovery Time Objective (RTO) and Recovery Point Objective (RPO). This significantly reduces downtime and data loss, enabling critical operations to be swiftly restored, ensuring seamless continuity during unexpected disruptions. The resilience engineering framework also offers comprehensive failure scenario coverage, safeguarding businesses against a wide range of potential threats and vulnerabilities.

In addition, the model’s automated and scalable approach to business continuity allows for continuous testing of system resilience. With cloud-based disaster recovery, it ensures that IT systems remain ready, scalable, and responsive to evolving threats. This hands-off, future-proof method provides a seamless and proactive way to ensure long-term business continuity without constant manual intervention.

Commenting on the launch, Nitesh Bansal, CEO and Managing Director of R Systems, said, "Our new model is a game-changer for businesses looking to enhance their IT resilience and disaster recovery capabilities. By merging Chaos Engineering with DRaaS, we offer a proactive, comprehensive, and scalable approach to business continuity. This innovation highlights our commitment to helping businesses not only prepare for disruptions but excel in the face of them."

About R Systems International Limited

R Systems is a digital product engineering company that designs and develops software products, platforms, and digital experiences from chip to cloud. The company focuses on cloud, data, AI, and CX that help clients in this industry, especially telecom, media, finance, manufacturing, and healthcare, improve revenue and efficiency. R Systems also engages in automation & integration based on technologies like RPA and No-Code/Low-Code platforms, thereby enabling enterprises to capture their business objectives.

Source - NSE

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Welspun Corp Wins Major Order for Coated LSAW Pipes and Bends

  • calendar30 Sept, 01:40 AM (GMT+5:30)
  • time2 Min
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Summary

On September 30, Welspun Corp received a significant order from the Middle East for the supply of Coated LSAW Pipes and Bends designed for sour service. The execution of these orders is scheduled for FY25 and FY26.

Welspun Corp Wins Major Order for Coated LSAW Pipes and Bends

Key Takeaways from Welspun Corp Order Win:

  • Welspun Corp secured a significant order from the Middle East for Coated LSAW Pipes and Bends designed for sour service.
  • The execution of these orders is planned for FY25 and FY26.
  • This order brings the total cumulative value of line pipe orders to approximately ₹1,348 Crore, received in both India and the USA since July 24, 2024.

This order contributes to a total cumulative value of approximately Rs 1,348 Crore in line pipe orders received in both India and the USA since our last update on July 24, 2024.

About Welspun Corp Limited:

Welspun Corp Limited, part of the $5 billion Welspun World, is known for tackling some of the most ambitious projects globally, including the world's deepest, heaviest, and longest pipelines. As part of its strategy for growth and diversification, the company has established a new Greenfield facility in Anjar, Gujarat, dedicated to manufacturing Ductile Iron (DI) Pipes with a production capacity of 500,000 metric tons per year. This modern facility features advanced technology, including a Blast Furnace capable of producing the same amount of hot metal annually, along with other essential components like a Sinter Plant and a Coke Oven.

In addition to the new facility, Welspun Corp has an existing setup that produces BIS Certified Steel Billets and Direct Reduced Iron, which will be used to manufacture TMT bars. This move marks a significant shift for the company as it expands from large-scale B2C manufacturing into new product lines like TMT Rebars. The company also produces Stainless Steel Pipes, Tubes, and Bars. In 2022, Welspun Corp made a strategic acquisition of ABG Shipyard and completed the acquisition of Sintex BAPL's Plastic Products business in early 2023.

Source - NSE

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Rail Vikas Nigam Wins Bid Worth 180 Cr from East Central Railway

  • calendar30 Sept, 02:38 AM (GMT+5:30)
  • time2 Min
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Summary

Rail Vikas Nigam has announced that it has emerged as the Lowest Bidder (L1) for a project from East Central Railway. The total cost of the work is approximately Rs 180.01 Crores, including applicable taxes

Rail Vikas Nigam Wins Bid Worth 180 Cr from East Central Railway

Key Takeaways from RVNL Bid Win:

  • Rail Vikas Nigam Limited (RVNL) has emerged as the Lowest Bidder (L1) for a project from East Central Railway.
  • The total cost of the project is approximately Rs 180.01 Crores, including applicable taxes.
  • The project includes the design, supply, erection, testing, and commissioning of a 2x25KV feeder line, with modifications to meet a 3000 MT loading target for the Garwa Road-Mahadiya section of the Dhanbad Division.
  • The project is expected to be completed within 18 months.

The project involves the design, supply, erection, testing, and commissioning of a 2x25KV feeder line along the track, including modifications to meet a 3000 MT loading target for the Garwa Road-Mahadiya section of the Dhanbad Division. The project is to be completed within 18 months. 

About Rail Vikas Nigam Limited:

Rail Vikas Nigam Limited (RVNL) boasts a distinguished legacy that spans over two decades. Established with the aim of addressing the infrastructure gap in Indian Railways, RVNL has successfully completed more than 150 railway projects. The organisation has also adopted innovative Public-Private Partnership (PPP) models, creating several Special Purpose Vehicles (SPVs) to execute new railway initiatives. Over time, RVNL has expanded its focus from solely railway infrastructure to a broader range of infrastructure opportunities, now operating under the umbrella of "All Infra" projects, both domestically and internationally.

Since its inception in 2005, RVNL has worked to enhance rail infrastructure capacity efficiently while securing extra-budgetary resources for its SPV projects. The company has consistently received excellent ratings from the Department of Public Enterprises for multiple years, reflecting its commitment to quality and performance in the infrastructure sector.

Source - NSE

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Paras Defence and Space Technologies Arm Gets Major Orders Worth 598 Cr

  • calendar30 Sept, 02:17 AM (GMT+5:30)
  • time3 Min
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Summary

Paras Defence and Space Technologies, on September 30, announced that its associate company, Controp-Paras Technologies, has received an order from Larsen & Toubro. The order is part of a larger contract valued at nearly Rs 305 Crores (including taxes). 

Paras Defence and Space Technologies Arm Gets Major Orders Worth 598 Cr

Key Takeaways from Paras Defence and Space Technologies Order Win:

  • Controp-Paras Technologies has received an order from Larsen & Toubro.
  • The order is part of a larger contract valued at approximately Rs 305 Crores (including taxes).
  • The contract involves the manufacturing and supply of 244 units of the Sight – 25HD Electro-Optics System, along with extended warranty and Integrated Logistics Support (ILS) for the Close-In Weapon System (CIWS) program.
  • Both contracts are domestic orders, with the execution timeline for the L&T contract set for within 47 months.

The order involves the manufacturing and supply of 244 units of the Sight – 25HD Electro-Optics System, along with extended warranty and Integrated Logistics Support (ILS) for their Close-In Weapon System (CIWS) program.

Additionally, the order for the Indian Content (IC) of this project is valued at around Rs 293 Crores (plus taxes). Both the contracts are classified as domestic orders, and the execution timeline for the L&T contract is set for within 47 months. 

About Paras Defence and Space Technologies Limited:

Paras Defence & Space Technologies provides a diverse range of products and solutions tailored for defence and space applications. The company operates through two main divisions: Optics & Optronic Systems and Defence Engineering, which includes Defence Electronics, EMP Protection Solutions, and Heavy Engineering. With over 40 years of consistent growth in Defence and Space Engineering, Paras Defence is engaged in various technologies such as rockets, missiles, naval systems, electronic warfare, and surveillance, as well as electromagnetic shielding. Through its subsidiaries, the company also explores advancements in drones, RF and microwave technologies, anti-drone systems, EO/IR systems for avionics, and quantum communication.

The company boasts a modern manufacturing facility and a workforce of over 600, enabling it to provide turnkey solutions from design to commissioning for both small and large systems. By emphasising technology development and research, Paras Defence positions itself as a genuine IDDM (Indigenously Designed, Developed, and Manufactured) entity within the Indian defence sector. The firm's strategy focuses on delivering quality products promptly and competitively, fostering a reputation as a reliable partner. With strong principles, ethical business practices, and a customer-centric approach, Paras Defence aims to become a leading player in the Indian defence and space industries.

About Larsen and Toubro Limited:

Larsen & Toubro is an Indian multinational company involved in EPC projects, high-tech manufacturing, and services, operating in over 50 countries worldwide. With a strong focus on customer satisfaction and a commitment to quality, L&T has maintained leadership in its core business sectors for more than eight decades. The company is engaged in high-impact areas of the economy, offering integrated capabilities that cover the entire process from design to delivery. L&T is characterised by professionalism and high corporate governance standards, with sustainability integrated into its long-term growth strategy. Its manufacturing presence spans eight countries beyond India, supported by numerous international offices and a global supply chain.


Source - NSE

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