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Coimbatore eng industry back in full swing, SMEs upbeat
Posted: March 12th, 2010, 7:22am EST
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After a one year lull phase, the general engineering industry in the Coimbatore region is back in full force. -
McNally Bharat gets order worth Rs 245 crore
Posted: March 12th, 2010, 2:30am EST
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McNally Bharat Engineering Co Ltd said on Friday it has got an order worth Rs 245 crore from Rourkela Steel plant for commissioning interplant transportation facilities. -
McNally Bharat gets order worth Rs 243.8 mn
Posted: March 10th, 2010, 11:49pm EST
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McNally Bharat Engineering Co Ltd said on Thursday it received an order worth 243.8 million rupees for design, engineering, civil and structural work for flood lighting in the state of Tripura. -
Thermax, Babcock ink JV for supercritical boilers
Posted: March 10th, 2010, 3:11pm EST
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Thermax on Wednesday said it has signed an agreement with US-based Babcock & Wilcox Power Generation Groups for forming a JV to manufacture supercritical boilers for the Indian power sector. -
BHEL targets Rs 50K cr turnover by 2020
Posted: March 2nd, 2010, 3:25pm EST
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BHEL is targeting a Rs 50,000-crore turnover by calendar 2020 from its current level of Rs 27,000 crore through a spate of new JVs in related fields as well as a strong order-book position valued at about Rs 1.5 lakh crore. -
Elgi Equipments gets board nod for buying France's Belair
Posted: March 2nd, 2010, 3:04pm EST
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The board of Rs 500-crore Elgi Equipments has approved the acquisition of Belair, France, engaged in assembly, sales and service of industrial compressors, piping, fittings and accessories for more than 25 years. -
Hindustan Dorr-Oliver acquires UK company
Posted: March 2nd, 2010, 4:07am EST
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Engineering solutions company Hindustan Dorr-Oliver said on Tuesday that it has acquired UK-based heavy engineering company DavyMarkham for 9.5 million pounds (about Rs 65 crore). -
Texmaco Engineering plans to Invest Rs 2,200 cr in Tamil Nadu
Posted: February 24th, 2010, 8:53am EST
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Texmaco Engineering with operations in Indonesia and Hong Kong has floated an entity to promote a slew of projects in Tamil Nadu. -
L&T's current order of Rs 90,000 cr: CMD
Posted: February 24th, 2010, 5:00am EST
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L&T's current order book is worth Rs 90,000 crore, its Chairman and Managing Director A M Naik said here today. -
L&T weighs unlocking value in fin service unit
Posted: February 22nd, 2010, 2:54pm EST
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Larsen & Toubro (L&T) will finalise plans to unlock value in its financial services arm in the next 12 months, the engineering to software conglomerate’s whole-time director and chief financial officer (CFO) said.