EPSILON
God of Chaos asteroid Apophis approaches Earth. Will it pose threat to planet or flyby? These spacecrafts witness object, see its size
God of Chaos asteroid Apophis will pass Earth on April 13, 2029, in a safe flyby. Three missions—ESA’s Ramses, JAXA’s DESTINY+, and NASA’s OSIRIS-APEX—will study the asteroid’s structure, orbit, and surface changes.
AI is redefining marketing: Inside Epsilon’s playbook
Epsilon highlights a shift in marketing from broad campaigns to hyper-personalized 'micro moments' driven by AI. This involves using data and AI to deliver timely, relevant offers, exemplified by an auto insurer case study where AI-driven lead prioritization lowered costs and increased policy inquiries. Contributed by Pratik Nath, Managing Director, Epsilon India.
Odisha CM performs ground-breaking ceremony for 27 major industrial projects worth over Rs 25,000 cr
Odisha accelerates industrial growth. Chief Minister Mohan Charan Majhi launched 27 industrial projects. These projects bring Rs 25,308 crore investment. They will create 52,000 jobs across 12 districts. The state government has laid foundation for 84 industries. It attracted Rs 5 lakh crore investment. Odisha focuses on balancing mineral-based industries with new-age sectors.
African militaries eye lighter, cheaper drones
Across Africa, aerial warfare is evolving towards smaller, more agile drones, including single-use models. These commercially adapted drones, seen in conflicts like Ukraine and the Sahel, are now being adopted by the Nigerian military. Cheaper and more disposable than traditional drones, they offer a cost-effective way to strike targets, prompting a need for drone jamming systems as well.
Epsilon to partner with firms eyeing ex-China sourcing of EV battery materials: MD Vikram Handa
Epsilon Advanced Materials aims to partner with companies seeking graphite anode and cathode materials beyond China. This move addresses concerns about supply chain vulnerabilities in the EV sector. Epsilon is investing heavily in manufacturing plants across India, the USA and Finland. The company focuses on R&D and proprietary technology for lithium iron phosphate cathode production.
Epsilon to invest Rs 15,350 cr for EV battery facility in Karnataka
Epsilon Group will invest Rs 15,350 crore in Karnataka to develop a manufacturing and research facility for EV battery testing and advanced materials. The initiative, aimed at bolstering India's EV ecosystem, includes setting up Graphite Anode and LFP Cathode manufacturing plants, creating jobs, and supporting India's energy security and self-reliance goals.
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Epsilon appoints Pratik Nath managing director of its India Global Capabilities Centre
Epsilon has named Pratik Nath as the Managing Director for its India operations, where he will lead the Global Capabilities Centre. Nath brings over 25 years of technology experience, including significant leadership roles at Oracle Cerner, and is expected to drive engineering innovation and growth at Epsilon India.
Large fire at Japan rocket test site, no injuries reported
A huge fire erupted Tuesday at a Japanese rocket testing station, sending flames and smoke soaring into the sky, in the latest mishap for the country's ambitious space programme. Around five seconds later, the solid-fuel rocket erupted in fire, sending white smoke billowing around the remote mountainous area as orange flames raged on the ground, live footage showed.
Epsilon Advanced Materials plans Rs 9,000-crore anode facility in Karnataka: MD
Epsilon Advanced Materials plans to establish a Rs 9,000-crore anode plant in Karnataka with a capacity of 90,000 tonnes by 2031. The project will be executed in two phases, with the first phase set for completion by Q4 2026. This initiative aims to support India's growing electric vehicle market.
James Webb telescope captures a stunning image of Epsilon Indi Ab. Why is it in the news?
A picture of the far-off exoplanet Epsilon Indi Ab, has been taken by the James Webb Space Telescope. One of the coolest exoplanets yet photographed, this planet resembles Jupiter but is warmer and more massive.
Nearby 'super-Jupiter' detected, could be one of coldest exoplanets, say researchers
As planets cool and contract over their lifetime, they become significantly fainter and, therefore, harder to image, they said. The US space agency has confirmed the existence of about 5,000 of the billion exoplanets in our galaxy. Orbiting the star Epsilon Indi A, Epsilon Indi Ab has been dubbed a "super-Jupiter".
MG Motor ties up with Epsilon Group for EV charging solutions, battery recycling
MG Motor India collaborates with Epsilon Group for EV charging and battery recycling. The partnership includes MoU with Power EV and LICO for Custom Charging technology and second-life expertise, enhancing charging infrastructure and circular economy. Gaurav Gupta leads the initiative.
Epsilon Advanced Materials expects US plant to start by 2026
Days after India's Prime Minister Narendra Modi and U.S. President Joe Biden met in Washington to deepen ties, Epsilon unveiled its plans to invest $650 million in a new American facility to produce synthetic graphite anodes, a key component in electric vehicle batteries.
Epsilon Advanced Materials signs MoU with Karnataka govt to invest Rs 9,000 cr
The facility would employ 75 per cent local people to support economic development in the region., it said, adding that the Government of Karnataka would facilitate the company in obtaining necessary registrations, approvals, clearances, and incentives. The statement said 90 per cent of the Lithium-ion EV batteries use graphite as the anode since it is cost-efficient, has a long lifecycle and is resistant to higher operating temperatures.
Epsilon Carbon's arm plans to raise Rs 1,200 crore
The company, which makes graphite anodes or negative terminals of lithium-ion cells used in electric vehicles (EV) and other consumer electronics, is seeking investor capital to expand this business.
Epsilon Carbon subsidiary is scouting investors for EV cell material biz
Epsilon Advanced Materials, a subsidiary of Epsilon Carbon, is looking to raise about Rs 1,200 crore from investors to fund its operations to manufacture components for lithium-ion cells used in electric vehicles (EV) and other consumer products, a top executive said. The company is expecting to close this fund raise by the next financial year. In all, it is looking to invest Rs 9000 crore over the coming eight years
Fresh showers raise the spectre of travails for Bengaluru's upscale Epsilon
The residents of Rainbow Residential Layout in the downstream of Bellandur were not so lucky as their area was flooded on Wednesday night making them to once again undergo the same nightmarish experience they faced last month. Kaushik was among those who rushed out of their houses along with their families as water gushed into their houses. After several days, when the flood water receded, they returned and had to spend a lot of time and money to clean up the mess caused by inundation.
Japan space agency rocket carrying 8 satellites fails
The Japan Aerospace Exploration Agency said its Epsilon-6 rocket experienced an unidentified "abnormality" and its flight had to be aborted less than seven minutes after takeoff from the Uchinoura Space Center in the southern Japanese prefecture of Kagoshima.
Epsilon Carbon to invest Rs 550 crore in doubling capacity, captive power generation
The investment will take its manufacturing capacity to 225,000 tonnes a year from 115,000 tonnes, according to Vikram Handa, the managing director of the company. The investment will also include setting up a 25 MW captive power generation plant at its Vijaynagar plant in Karnataka, he said.
Bengaluru’s richest villa Epsilon flooded, billionaire Gaurav Munjal rescued in boats
Epsilon's most affordable villa costs Rs 10 crore. A 1-acre site is said to cost Rs 80 crore, though the price can increase depending on the size of the land.
Epsilon Carbon looks to make cathodes for lithium-ion cells amidst EV boom, ties up with US company
Epsilon Carbon has tied up with US-based The Metals Company to study the feasibility of extracting rare metals used in lithium-ion cells from deep-sea mining as part of its ambition to become a top supplier to companies manufacturing cells for electric vehicles (EV) in India.
Lifestyle International Chairman buys residential plot in Bengaluru for Rs 15.2 crore
Lifestyle International Chairman of the Board, Kabir Lumba, has bought a residential plot in Epsilon, a prime location in Bengaluru, for Rs 15.2 crore. The property jointly owned by Lumba and his wife was purchased earlier by Madhuri Genomal, wife of Sunder Genomal- MD of Page Industries and her daughter, Pamela Kripalani.
Epsilon Advance Material entering cathode business, to invest about Rs 2,000 crore by 2025
Epsilon has already invested close to Rs 200 crore in FY22 to make graphite anodes and have announced investments of Rs 2,000 crore to make around 40,000 tonnes a year of graphite anode by 2025.
VerSe Innovation co-founder Umang Bedi buys plot in Bengaluru's Epsilon
The property jointly owned by Bedi and his wife was purchased earlier this month from two independent owners, spanning 11753 sq ft in a gated community called Yemlur HomeOwners Association on Yemlur Main Road, Bengaluru, which is off the Old Airport Road.
Epsilon Carbon bets big on graphite production as govt approves PLI for advanced battery manufacturing
The company is also developing graphite manufacturing capabilities in India and has lined up an investment of Rs 1,500 crore over the next two years to set up a capacity to make over 15,000 tonnes of synthetic graphite annually.
Epsilon Carbon forays into battery material business, plans to invest Rs 500 cr by 2025
“As India pushes an aggressive EV policy…Epsilon’s manufacturing of graphite anodes will make India self-sufficient for a key raw material for LiB cells,” said Vikram Handa, Managing Director of Epsilon Carbon.
Epsilon Carbon ventures into carbon black segment, invests Rs 900 crore
The Mumbai-based company is planning to invest in two phases, with the first phase commissioning by Q3 of FY 21 with an investment of Rs 425 crores, said the company's managing director, Vikram Handa to ET. Carbon black is an additive used in the making of rubber products like tyres, colouring pigment inks and also as electric conducive agents for high-tech devices.
Publicis buys Epsilon for over $4 billion in digital push
The ad firms easily dominated traditional advertising in newspapers, billboards and television before the market went into decline.
Epsilon Venture Partners leads Rs 154 cr Series A funding of Pi DATACENTERS
The funding round of the Amravati-headquartered company was led by Epsilon's general partner Mahesh Vaidya who will join Pi's board.
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