About Texmaco Defence System Pvt. Ltd.

first_imgAims to augment India’s Defence Production capabilities, under the “Make-in-India” Programme, leveraging upon TEXMACO Rail’s manufacturing excellence & Heavy Engineering capabilities.Texmaco’s excellence in manufacturing since 1939, specifically in areas like Machining, Shaping, Forming, Casting, Fabrication, Surface treatment etc. shall be optimally leveraged by Texmaco Defence Systems Pvt. Ltd., which is a subsidiary of Texmaco and has indeed taken up the challenge to augment the indigenous production of equipments required by the Armed & Paramilitary Forces along with state-of-the-art technology partnerships in diverse areas of operations. Texmaco Defence Systems was incorporated on 10th January, 2018, and by March 2018, Defence Production Licences were secured for the following: (i) Design, Development, Manufacture, Assembly and Upgrade of Armoured Vehicles, Main Battle Tanks and Other All-Wheel Drive Armour Protected Wheeled Vehicles with Mountings for Arms and Configured for Military Use with Ballistic Protection to Level III (NIJ 108, 01 September, 1985 or Comparable National Standard or above). (ii) Design, Development, Manufacture, Assembly and Upgrade of Artillery and Air Offence Guns, Howitzers, Trailers for Towed and Static Weapon Systems and their Spares and Accessories. (iii) Manufacture of Empty Shells, Cartridge Cases, All Metallic and Non-Metallic Components and Body Parts of Ammunition, Rockets, Missiles, Projectiles, Bombs, Torpedoes, Mortars, Grenades, Fuzes of All Types of 20 MM and above Caliber without Explosive Charge Filling. Since its recent incorporation, the TDSPL is exploring opportunities to contribute and enhance stepping up indigenous Defence Production by entering into strategic technology partnerships with globally renowned Original Equipment Manufacturers (OEMs) under the ‘Make-in-India’ programme for the following emerging business opportunities provided by the Armed & Para-military Forces:Refurbishment & Upgrade of 150 VT-72B ARVs for Indian Army in collaboration with a leading Global Technology Partner.Design & development of 204 new ARVs for Indian Army along with a leading Global Technology Partner.last_img read more

How We Assign Blame for Corporate Crimes

first_imgmsnbc:Whether the public blames Wall Street or its bankers for bad decisions depends a lot on the group’s level of cohesion as well as its mindfulness, or ability to “think,” suggests a new study.The researchers wanted to find out how people choose to blame large collectives, such as a major corporation, political party , governmental entity, professional sports team or other organization, while still treating members of those groups as unique individuals. They found that the more people judge a united group as having a “mind”— the ability to think, intend or plan — the less they judge each member as having their own capacity to complete acts requiring such a mind. The opposite also held.“We thought there might be certain cases where instead of attributing mind to individuals, people actually attribute mind to the group,” study researcher Liane Young, an assistant professor of psychology at Boston College, said in a statement.Read the full story: msnbc More of our Members in the Media >last_img read more