Engineering
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Norwegian LPG Cylinder manufacturer eyes India
Fetched: January 31st, 2008, 11:51pm EST
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Eyeing the burgeoning Indian LPG market, a Norwegian company is planning to set up a joint venture plant in India to supply lightweight, transparent and safe cylinders. -
BHEL to invest Rs 736 cr for expansion at Trichy facility
Fetched: January 29th, 2008, 11:07pm EST
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Power equipment manufacturer BHEL on Tuesday said it will invest Rs 736 crore to increase the capacity of its manufacturing plant at Trichy in Tamil Nadu by 2009. -
Prajay Engg Board ups FII limit to 100 pc
Fetched: January 29th, 2008, 11:07pm EST
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Prajay Engineers Syndicate Ltd's board approved raising foreign fund ownership limit to 100 per cent from 74 per cent. -
BHEL, Tiruchirapalli unit secures orders worth Rs 15K cr
Fetched: January 28th, 2008, 12:05pm EST
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Bharat Heavy Electricals' unit has secured orders worth over Rs 15,000 crore for supplying power plant equipment, a top company official has said. -
Reliance Industries set to build L&T rival EPC
Fetched: January 27th, 2008, 8:32pm EST
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The separate global EPC business will bid for a variety of infrastructure projects within the country and overseas. Crucial year of business
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Indo Farm Industries plans to double its tractor production
Fetched: January 27th, 2008, 2:56pm EST
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Claiming impressive jump in its tractor sales, Indo Farm Industries Ltd plans to double its capacity to 12,000 tractors, penetrate European markets for export of components and diversify into new products through additional investments. -
Voltas open to acquisitions in electro-mechanical projects
Fetched: January 27th, 2008, 2:56pm EST
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Tata Group firm Voltas Ltd is open to acquisitions in its electro-mechanical projects and services business with a view to accelerate growth, a senior company official said. -
BEL declared 60 % interim dividend
Fetched: January 25th, 2008, 12:10pm EST
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Navratna defence PSU, Bharat Electronics Limited (BEL), declared 60 per cent interim dividend (Rs per share) to its shareholders for 2007-08. -
L&T gets orders worth Rs 1057 crore
Fetched: January 25th, 2008, 12:10pm EST
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Engineering and construction firm, Larsen & Toubro Ltd, said on Wednesday its group had got orders worth Rs 1057 crore($270 million) in the Middle East. -
Elecon Engineering bags Rs 47.54 cr orders
Fetched: January 25th, 2008, 12:10pm EST
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Elecon Engineering has bagged orders aggregating to Rs 47.54 crore for designing, engineering, manufacturing, testing, supplying and commissioning of material handling equipments from various clients. -
Rolta acquires TUSC for $45 mn
Fetched: January 25th, 2008, 12:10pm EST
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Engineering and geospatial services firm Rolta India Ltd on Wednesday announced the acquisition of TUSC for $45 million. -
L&T, Lockheed in JV talks for developing Mark 41 Vertical Launching Systems
Fetched: January 25th, 2008, 12:10pm EST
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Lockheed Martin already has one JV with L&T. The company has also bid for big-ticket defence deals involving the Air Force, Navy and the Army. F-16 Fighting Falcon
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Larsen & Toubro bags Rs 1,695-cr Kuwait order to supply reactors
Fetched: January 25th, 2008, 12:10pm EST
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Larsen & Toubro (L&T) has bagged a Rs 1,695-crore export order from Kuwait National Petroleum Company to manufacture and supply reactors for its clean fuel project. -
L&T gets Bhel-like privileges, may power super-critical drive
Fetched: January 21st, 2008, 5:29am EST
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Private sector engineering major L&T is being officially promoted as the Bhel-II for manufacturing power equipment required for large super critical thermal power plants. -
L&T sees Tamco unit revenue at $140 mn in 08/09
Fetched: January 21st, 2008, 5:29am EST
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Larsen & Toubro Ltd expects revenues of $140 million from the switchgear business of Malaysia's Tamco that it is acquiring, says a company official. -
L&T SCPL announces launch of integrated township
Fetched: January 21st, 2008, 5:29am EST
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L&T South City Projects Ltd (L&T SCPL) on Thursday announced the launch of its integrated township project 'Eden Park' at Siruseri near here. -
L&T close to bag Rs 5k-cr city airport revamp deal
Fetched: January 17th, 2008, 1:54am EST
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Engineering and Construction major Larsen & Toubro (L&T) has bagged the master contract for the redevelopment of the Mumbai airport, the largest airport hub in the country, sources close to the development said. -
India invites proposals for $2.5 billion artillery contract
Fetched: January 14th, 2008, 10:09pm EST
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India on Monday said it had invited proposals from global weapons manufacturers for the purchase of 140 medium-calibre artillery guns worth $2.5 billion. -
Construction investments set to surge 19% to Rs 3-lakh crore
Fetched: January 14th, 2008, 12:32pm EST
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Investments in the construction sector is expected to rise 19% per annum to touch Rs 3,03,400 crore in the next two years from Rs 2,15,100 crore invested in the past two years, said a Crisil report. -
Elecon Engg gets orders worth Rs 15.74 crore
Fetched: January 14th, 2008, 12:32pm EST
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Elecon Engineering Co Ltd received combined orders worth Rs 15.74 crore for supplying crushers and wagon tipplers to some cement companies. -
Ex-BPL chief's company buys 60% stake in Axis IT&T
Fetched: January 14th, 2008, 12:32pm EST
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Rajeev Chandrasekhar-controlled Tayana Software Solutions has acquired 60% stake in Axis IT&T, a Delhi-based listed engineering services company, for an undisclosed amount. -
Aker Floating secures $1.1 bn Reliance contract
Fetched: January 14th, 2008, 12:32pm EST
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Norwegian oilfield services group Aker Floating Production has agreed to provide a floating production unit to Reliance Industries for 10 years for a revenue stream of $1.1 billion. -
L&T bags Rs 3,560-cr contracts
Fetched: January 14th, 2008, 12:32pm EST
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Larsen & Toubro has bagged Rs 3,560 crore worth of orders to construct commercial and residential buildings across the country. One of the contracts, worth Rs 2,000 crore, has come from Kingston Properties. -
L&T bags Rs 3,500 cr orders for construction of IT parks, hotels
Fetched: January 14th, 2008, 12:32pm EST
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Larsen & Toubro has secured orders worth over Rs 3,500 crore for construction of IT parks, hotels and malls. -
Tata to focus on low cost water purification system
Fetched: January 14th, 2008, 12:32pm EST
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In this case, his dream is to come up with a 'low cost (water) purification system'. Tata said some of his group companies were already working on the idea. -
TRF gets Rs 96.16 crore order from Tata Projects
Fetched: January 14th, 2008, 12:32pm EST
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TRF Ltd, which makes construction and earth moving machinery, has received an order worth RS 96.163 crore from Tata Projects Ltd. -
Engg cos urge govt to help bring down raw material prices
Fetched: January 14th, 2008, 12:32pm EST
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Faced with lower margins due to rise in prices of raw materials, the engineering companies in South India have urged the centre and state governments to intervene into the matter. -
Sterlite Tech gets order worth Rs 140 crore
Fetched: January 14th, 2008, 12:32pm EST
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Sterlite Technologies Ltd has secured a contract worth Rs 140 crore for manufacture and supply of transmission conductors. -
L&T bags Rs 1,300 cr Cairn India contracts
Fetched: January 14th, 2008, 12:32pm EST
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The engineering and construction major Larsen and Toubro (L&T) has bagged two major infrastructure contracts worth Rs 1,300 crore from Cairn India. -
KPCL introduces new compressors in Gujarat
Fetched: January 14th, 2008, 12:32pm EST
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Pune based KPCL has introduced compressors, used for industrial refrigeration, in Gujarat to meet the requirements of the growing number of malls and booming pharma industry. -
L&T bags Rs 1,300-crore order from Cairn India
Fetched: January 14th, 2008, 12:32pm EST
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Larsen & Toubro Ltd has been awarded two major contracts by Cairn India for the civil works and consolidated construction works for the Northern Area Development Project near Barmer in Rajasthan. -
Larsen & Toubro gets order worth over Rs 1300 crore
Fetched: January 14th, 2008, 12:32pm EST
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Engineering and construction firm, Larsen & Toubro Ltd, said on Monday it had received an order worth more than Rs 1300 crore ($330 million) from Cairn India. -
L&T to hive off ready-mix concrete unit
Fetched: January 14th, 2008, 12:32pm EST
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Mumbai-based Engineering and construction giant Larsen & Toubro (L&T) may hive off L&T Concrete, a newly-created subsidiary, into a separate company. As per a recent filing with BSE, -
BAE Systems buys NRI firm for $450 mn
Fetched: January 14th, 2008, 12:32pm EST
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A major US military support provider company set up by an Ohio-based Indian American and his wife in 1984 has been acquired by leading British defence firm BAE Systems for some $450 million. -
Meinhardt expects four-fold increase in revenue to Rs 100 cr
Fetched: January 14th, 2008, 12:32pm EST
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Australia-based construction and engineering consulting firm Meinhardt expects its India revenues to grow four-fold over the next two years to touch Rs 100 crore mark. -
L&T may spin off boiler business
Fetched: January 14th, 2008, 12:32pm EST
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Leading engineering firm Larsen & Toubro (L&T) has lined up plans to invest over Rs 2,500 crore in building a shipyard and expanding its engineering manufacturing unit to target growth across energy sectors like oil, gas and power. -
TIL rolls out 5000th crane
Fetched: January 14th, 2008, 12:32pm EST
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The company has been actively involved in the infrastructure sector and is amongst the country’s leading providers for a wide range of technology intensive equipment. -
L&T to invest Rs 1800 cr in oil & gas, port sectors
Fetched: January 14th, 2008, 12:32pm EST
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L and T is keen to acquire technological strength in deep water exploration for which it is entering into collaboration with foreign firms. Save on fuel bills, the smart way
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L&T bags contracts worth Rs 748.70 cr in Oman
Fetched: January 14th, 2008, 12:32pm EST
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Larsen and Toubro, the country's biggest engineering firm on Wednesday said its joint venture in Oman has bagged three contracts worth Rs 748.70 crore. -
L&T gets orders worth $190 mn
Fetched: January 14th, 2008, 12:32pm EST
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Larsen & Toubro Ltd said on Wednesday it had received an order worth $110.4 million in Muscat. -
Lewis & Co offers to buy stake in Adarsh Plant
Fetched: January 14th, 2008, 12:32pm EST
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Adarsh Plant Protect Ltd said on Wednesday Lewis & Co (Streatham) Ltd has offered to buy a 4.5 per cent stake. -
Chemical engineering congress in Kolkata
Fetched: January 14th, 2008, 12:32pm EST
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The Indian Institute of Chemical Engineers would organise a five-day congress here where renowned scientists and industrialists would deliberate on the issues facing the chemical industry. -
Jain Irrigation plans to raise $75 mn via debt
Fetched: January 14th, 2008, 12:32pm EST
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Jain Irrigation Systems Ltd plans to raise $75 million through debt from a consortium led by International Finance Corp and Lehman Brothers to fund expansion, a senior company official said. -
Aban Offshore gets Chevron Offshore contract
Fetched: January 14th, 2008, 12:32pm EST
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Aban Offshore Ltd said has entered into a contract worth $28-40 million with Chevron Offshore (Thailand) Ltd for supplying a jack-up drilling rig and deep driller. -
BHEL to invest Rs 220 cr for expansion of Haridwar facility
Fetched: January 14th, 2008, 12:32pm EST
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BHEL says it will invest an additional Rs 220 crore to upgrade production at its blade shop in Haridwar to 2.25 lakh blades by 2009. -
PSL gets order worth Rs 125 crore
Fetched: January 14th, 2008, 12:32pm EST
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Pipe maker PSL Ltd has secured an order worth Rs 125 crore for supply of helical submerged arc welded pipes for transporting hydrocarbon products in Assam. -
Larsen & Toubro Ltd gets Rs 287 crore contract
Fetched: January 14th, 2008, 12:32pm EST
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Engineering and construction firm Larsen & Toubro Ltd said it had received a contract worth Rs 287 crore($73 million) to build an elevated road to Mumbai International Airport. -
Reliance Steel opens new Shanghai plant
Fetched: January 14th, 2008, 12:32pm EST
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Reliance Steel & Aluminum Co said on Tuesday its Valex Corp subsidiary opened a new Shanghai facility to produce equipment for the semiconductor, LCD and solar industries. -
BHEL, NTPC in JV for engineering
Fetched: January 14th, 2008, 12:32pm EST
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State-run power-equipment maker Bharat Heavy Electricals Ltd has signed a joint-venture agreement with state-run power producer NTPC Ltd for engineering and construction business. -
L&T, IDFC, Lehman buy 7% in B Seenaiah
Fetched: January 14th, 2008, 12:32pm EST
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B Seenaiah seems to have trebled its valuation since its last stake sale 18-20 months ago when it sold around 19% stake to two foreign investors, New Vernon Private Equity Fund and Tiger Veda for Rs 150 crore. -
L&T forms JV to build Oman refinery equipment factory
Fetched: January 14th, 2008, 12:32pm EST
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Indian engineering and construction firm Larsen & Toubro said on Saturday a joint venture firm had signed a deal with Oman's Sohar Industrial Port Company to set up an equipment manufacturing plant in Oman. -
Citigroup to acquire 10.5% in Jindal Drilling for Rs 156 cr
Fetched: January 14th, 2008, 12:32pm EST
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Citigroup is picking up a 10.47% stake in Jindal Drilling & Industries for Rs 156.3 crore through a preferential allotment. -
Danieli has designs on Pune & Kolkata
Fetched: January 14th, 2008, 12:32pm EST
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Danieli India, part of Italy-based steel designing and engineering services major Danieli & C, would open its second office in Pune with an investment of Rs 30 crore and increase the number of engineers at its Kolkata office by 40% by early next year. -
Indo Tech enters into agreement with EI Dupont
Fetched: January 14th, 2008, 12:32pm EST
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Indo Tech Transformers has entered into a technical and marketing assistance agreement with EI Dupont India, Gurgaon, a subsidiary of EI Dupont De Nemours of US, for ReliatraN brand resin impregnated dry type transformers. -
Telcon to invest Rs 600 cr in West Bengal
Fetched: January 14th, 2008, 12:32pm EST
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Telcon Construction Equipment Manufacturing Ltd, a joint venture between Tata Motors and Hitachi, would invest Rs 600 crore for setting up an earth moving equipment manufacturing company at Kharagpur in West Bengal. -
BHEL bags Rs 121 cr contract from BPCL
Fetched: January 14th, 2008, 12:32pm EST
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Power equipment supplier Bharat Heavy Electricals Ltd has secured a Rs 121 crore contract from Bharat Petroleum Corp Ltd for supplying compressor packages for the latter's Kochi refinery. -
Italian co to acquire 60% in Nicco unit
Fetched: January 14th, 2008, 12:32pm EST
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Italy's Prysmian Group will pick 60% stake in Kolkata-based Nicco Corp's industrial cables business for Rs 130 crore. -
M&M pips Tatas, L&T for BAE's defence venture in India
Fetched: January 14th, 2008, 12:32pm EST
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Mahindra and Mahindra is understood to have emerged as a preferred partner of international defence equipments major BAE Systems for a manufacturing joint venture in India. -
Maharashtra Seamless to buy Romanian plant
Fetched: January 14th, 2008, 12:32pm EST
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Maharashtra Seamless (MSL), the flagship company of Rs 3,000-crore DP Jindal Group, is close to acquiring the seamless pipes plant of SC Republica SA in Romania. The deal size is expected to be around Rs 250 crore. The plant, based at Bucharest, has two lakh tonne annual capacity, sources said. -
M&M plans Rs 250 cr investment for five engineering colleges
Fetched: January 14th, 2008, 12:32pm EST
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Homegrown farm equipment-to- software conglomerate Mahindra and Mahindra is planning to set up five engineering colleges at an investment of Rs 250 crore. -
ABB to invest $100 million in India, hire 4,000 people
Fetched: January 14th, 2008, 12:32pm EST
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Power and automation technologies major ABB would invest an additional $100 million in India, where it expects to double business volumes and hire 4,000 employees by 2010. -
BHEL sets up fabrication plant, Central Stamping Unit in UP
Fetched: January 14th, 2008, 12:32pm EST
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As part of its manufacturing capacity expansion to 15,000 MW per annum in next two years, Bharat Heavy Electricals Ltd is setting up a new Fabrication Plant and a Central Stamping Unit at Jagdishpur in Uttar Pradesh. -
Mukand bags Rs 154-crore order from IISCO
Fetched: January 14th, 2008, 12:32pm EST
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Mukand Ltd has bagged an order of Rs 154 crore for the installation of a universal section mill in IISCO's steel plant in Burnpur. -
Shakti Pumps inks deal with AP govt
Fetched: January 14th, 2008, 12:32pm EST
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Shakti Pumps (India) Ltd, water pumps manufacturer, today said it has signed an agreement with the Andhra Pradesh government to supply energy efficient pumps to its water supply department. -
BEML floats subsidiary in Brazil
Fetched: January 14th, 2008, 12:32pm EST
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Earthmoving equipment maker BEML Ltd has floated a subsidiary in Brazil for sourcing and assembling of mining and construction equipments to cater to the growing Latin American markets. -
L&T expands presence in China
Fetched: January 14th, 2008, 12:32pm EST
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Indian Engineering firm Larsen & Toubro (L&T) has expanded its presence in China with a new facility to manufacture industrial valves. -
BHEL bags Rs 18.2 cr order from Adani Power
Fetched: January 14th, 2008, 12:32pm EST
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Bharat Heavy Electricals Ltd, the country's biggest maker of power equipment, on thursday said it has bagged a Rs 18.2 crore contract . -
KEC Intl bags projects in Saudi Arabia, Namibia
Fetched: January 14th, 2008, 12:32pm EST
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Engineering firm KEC International on Tuesday said it has bagged two contracts worth Rs 400 crore in Saudi Arabia and Namibia for construction of transmission lines. -
Sadbhav Engineering gets orders worth Rs 90 cr
Fetched: January 14th, 2008, 12:32pm EST
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Sadbhav Engineering Ltd says it has received road development projects worth Rs 99.01 crore from the government of Chhattisgarh. -
Exhibition on India's engineering exports in St Petersburg
Fetched: January 14th, 2008, 12:32pm EST
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A four-day exhibition on the engineering exports of the country would be held in St Petersburg, Russia, from March 11 next year. -
In video: BHEL bags Rs 2,108 cr order
Fetched: January 14th, 2008, 12:32pm EST
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In video: BHEL bags Rs 2,108 cr order -
Kone Elevator to go for brownfield expansion shortly
Fetched: January 14th, 2008, 12:32pm EST
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Elevator and escalator maker Kone Elevator India will go for capacity expansion in its Chennai plant shortly to retain its existing market share. -
BHEL bags Rs 2,108-cr contract for Maithon project
Fetched: January 14th, 2008, 12:32pm EST
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Power equipment maker BHEL has bagged a Rs 2,108-crore order to supply steam generators and turbines for the upcoming Maithon Right Bank Thermal Power Project in Jharkhand. -
Andrew Yule to offload holdings in recast
Fetched: January 14th, 2008, 12:32pm EST
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Andrew Yule & Company has kicked off a multi-pronged organisational restructuring exercise. -
ABG group co, Tano Capital acquire Italy's Cemp SpA
Fetched: January 14th, 2008, 12:32pm EST
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ABG Engineering & Constructions Ltd, along with Tano Capital, has entered into an agreement to acquire Cemp SpA, Italy, for an enterprise value of around $40 million. -
RINL places contract with BHEL
Fetched: January 14th, 2008, 12:32pm EST
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The Rastriya Ispat Nigam Limited (RINL) has placed a turnkey contract with BHEL, for the manufacture and erection of a captive power plant at the Vizag Steel Plant in Andhra Pradesh, RINL sources said. -
L&T secures Rs 275 cr DMRC order in JV with Shanghai co
Fetched: January 14th, 2008, 12:32pm EST
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Larsen & Toubro, along with Shanghai Urban Construction Corporation, has secured a design & build contract valued at Rs 275 crore from Delhi Metro Railway Corporation. -
KEC International bags Rs 637 cr worth power transmission projects
Fetched: January 14th, 2008, 12:32pm EST
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KEC International Ltd has bagged two power transmission projects in Abu Dhabi and Algeria valued at a total of Rs 637 crore. -
Vestas bags deal for exporting WEGs to Canada
Fetched: January 14th, 2008, 12:32pm EST
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Chennai based Vestas RRB India Ltd, manufacturers of wind turbines, has signed a deal worth nearly $t2 million for exporting wind energy generators to Canada. -
Raytheon bets big on Indian defence business
Fetched: January 14th, 2008, 12:32pm EST
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Raytheon inks pacts with L and T, Wipro, BEL, Godrej and Boyce and Data Patterns India to tap the growing defence business. How to open business in India?
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Indigenous cryogenic stage successfully qualified
Fetched: January 14th, 2008, 12:32pm EST
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India has successfully tested the indigenously developed cryogenic stage to be employed as the upper stage of the country's Geosynchronous Satellite Launch Vehicle (GSLV). -
L&T-Scania eyes 25% share in tipper market
Fetched: January 14th, 2008, 12:32pm EST
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Engineering and construction giant Larsen & Toubro on Thursday announced the launch of tipper trucks in association with the e 7.8-billion Swedish truck major-Scania. -
'India a high potential market for German machine tools'
Fetched: January 14th, 2008, 12:32pm EST
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Germany perceives India as a dynamic market for machine tools, especially in the backdrop of growth in the domestic automobile and mechanical engineering sectors. -
ECE industry can grow to $12-13 bn by 2015: Mckinsey study
Fetched: January 14th, 2008, 12:32pm EST
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Indian earthmoving and construction equipment sector (ECE) can grow to $12-13 billion by 2015 provided it gets support from the government and the industry. -
Demand for forgings to increase in India: Expert
Fetched: January 14th, 2008, 12:32pm EST
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A demand for high quality nuclear forgings worth one billion dollars is likely in the country once the Indo-US nuclear deal is operationalised. -
Texmaco forms JV with Aussie firm
Fetched: January 14th, 2008, 12:32pm EST
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Texmaco Ltd enters into an agreement with Australian firm United Group Rail Services for setting up a plant to manufacture new generation wagons in West Bengal. -
Puncom plans foray into defence equipment making
Fetched: January 14th, 2008, 12:32pm EST
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Punjab Communications Ltd (Puncom), a manufacturer and supplier of telecom and IT equipments, is planning a foray into the field of defence equipments. -
Kone on growth path with 26% market share
Fetched: January 14th, 2008, 12:32pm EST
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Robust economic growth, copious FDI inflow and the boom in construction, retail and SEZ spheres are said to be spearheading the growth of Kone Elevator India (KEL). -
Mold-Tek acquires US firm; plans to raise $6 million
Fetched: January 14th, 2008, 12:32pm EST
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Hyderabad-based Mold-Tek Technologies, a packaging and engineering knowledge process outsourcing (KPO) service provider, is set to acquire an Ohio-based structural detailing KPO company for a con-sideration of $2 million. -
Electrotherm to make batteries for electric vehicles
Fetched: January 14th, 2008, 12:32pm EST
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Ahmedabad-based Electrotherm (India) Ltd has inked a MoU with Canadian firm Electrovaya to form a joint venture for manufacturing lithium ion polymer batteries. -
SC notice to UP sales tax dept on Bhel refund plea
Fetched: January 14th, 2008, 12:32pm EST
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The SC has sought response from the sales tax commissioner, Lucknow, on a petition filed by public sector undertaking Bhel, seeking refund of sales tax levied on inter-state sales of industrial equipment. -
B3 Solutions to buy out UM Cables from Usha Martin
Fetched: January 14th, 2008, 12:32pm EST
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Manchester-based B3 Cable Solutions has decided to buy out Usha Martin’s entire stake in UM Cables, a leading manufacturer of optical fibre (OFC) and copper telecom cables. -
Siemens aims to double India sales in 3 years
Fetched: January 14th, 2008, 12:32pm EST
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Siemens aims to double its sales in India in three years, its chief executive told German newspaper Handelsblatt. -
Engineering exporters look to S Africa to beef up revenues
Fetched: January 14th, 2008, 12:32pm EST
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The optimism stems from the favourable response to their products from African buyers at the recent Indian engineering exposition in Johannesberg, South Africa. -
Areva T&D to double capacity
Fetched: January 14th, 2008, 12:32pm EST
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In a bid to double its manufacturing capacity in India, Areva T&D is establishing a high voltage manufacturing unit at Padappai near Chennai at an estimated investment of Rs 100 crore. -
Husco commences operations in new R&D facility
Fetched: January 14th, 2008, 12:32pm EST
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Global maker of hydraulic controls for construction and agricultural equipment, Husco International has commenced operations at its R&D and manufacturing facility in Pune which is spread over 21 acres of area. -
Usha Martin to sell subsidiary
Fetched: January 14th, 2008, 12:32pm EST
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Wire rope manufacturer Usha Martin Ltd entered into an agreement with Manchester-based B3 Cable Solutions for transferring its subsidiary company UM Cables to the latter. -
EEPC expects $250-300 bn business by making South Africa a hub
Fetched: January 14th, 2008, 12:32pm EST
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The Engineering Export Promotion Council (EEPC) is expecting to generate business between $ 250 and 300 bn over the next two-three years by making South Africa a hub of that region. -
ABG Heavy Industries to acquire world's largest crane
Fetched: January 14th, 2008, 12:32pm EST
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ABG Heavy Industries (ABG), one of the largest crane hire companies in the country, has sealed a deal to acquire the world's largest crane with a capacity of 3,200 metric tonne from Terex-Demag GMBH & Co of Germany. -
PSL to invest $103 mn to set up plant in US
Fetched: January 14th, 2008, 12:32pm EST
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Pipe maker PSL Ltd on Tuesday said it will invest $103 million for setting up an integrated pipe manufacturing and coating facility in Mississippi in the US. -
Siemens bags Rs 87 cr order from McNally
Fetched: January 14th, 2008, 12:32pm EST
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Electrical engineering major Siemens Ltd on Tuesday said it has bagged a Rs 87-crore order from McNally Bharat Engineers Pvt Ltd for supplying electrical equipment for Rashtriya Ispat Nigam Ltd's new Sinter Plant at Vizag. -
Pratibha Ind bags Rs 70 cr contract
Fetched: January 14th, 2008, 12:32pm EST
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Pratibha Industries has secured a contract for design and construction of storm water pumping station at Irla, Andheri. -
L&T ties up with Mitsubishi to make power equipment
Fetched: January 14th, 2008, 12:32pm EST
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Larsen & Toubro (L&T), India’s largest engineering and construction company, has formed a joint venture with Japan’s Mitsubishi Heavy Industries to make steam turbines and generators for the power sector. -
Regal-Beloit eyes more acquisitions in India
Fetched: January 14th, 2008, 12:32pm EST
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US-based Regal-Beloit Corp, makers of motion control and power generation products, plans more acquisitions in India and expects revenues to grow 15-20 per cent from its operations there after 2008, a top official said on Monday. -
GET Engg launches energy saving products
Fetched: January 14th, 2008, 12:32pm EST
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GET Engineering, a city-based power engineering construction company, on Monday launched a range of energy saving products through a strategic tie-up with UK-based Somar International Ltd. -
Punj Lloyd bags contract worth $450 mn
Fetched: January 14th, 2008, 12:32pm EST
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Punj Lloyd has received a $450 million contract for engineering, procurement and construction work at the aromatics plant at Jurong Island in Singapore. -
L&T in turbine JV with Mitsubishi Heavy
Fetched: January 14th, 2008, 12:32pm EST
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India's top engineering and construction firm, Larsen and Toubro, and Japan's Mitsubishi Heavy Industries will form a joint venture to make steam turbines and generators, the Indian firm said. -
Kilburn Engineering gets order worth Rs 15.26 cr
Fetched: January 14th, 2008, 12:32pm EST
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Kilburn Engineering Ltd said on Monday it has received letters of intent for orders worth Rs 15.26 crore for manufacture of rotary dryers. -
Jyoti Structures' South African JV bags $75 mn deal
Fetched: January 14th, 2008, 12:32pm EST
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The $75-million contract is for a power transmission line in Namibia and is to be executed in 18 months. -
Husco opens R&D centre in Pune
Fetched: January 14th, 2008, 12:32pm EST
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Husco International, the $250-million hydraulic controls manufacturer for construction, industrial, agricultural and automotive equipment, has inaugurated the first phase of its manufacturing plant and R&D centre. -
ETA Engineering plans to invest Rs 100 cr
Fetched: January 14th, 2008, 12:32pm EST
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Chennai-based ETA Engineering, part of the $ 4.5 billion Dubai-based ETA Star group, on Sunday said it plans a capital expenditure of Rs 100 crore this year. -
BHEL invites former executives to rejoin
Fetched: January 14th, 2008, 12:32pm EST
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Power equipment maker BHEL, which has taken the road to expansion and needs skilled workers to drive this ambition, is calling ex-employees to see if they can rejoin. -
L&T signs JV with US firm for pipelines
Fetched: January 14th, 2008, 12:32pm EST
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Engineering and construction firm, Larsen & Toubro Ltd, said on Friday it had signed a joint venture for pipelines with US-based Gulf Interstate Engineering Co. -
Rehab package delay affecting HEC: Pillai
Fetched: January 14th, 2008, 12:32pm EST
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The chairman and managing director of Heavy Engineering Corporation (HEC), Ranchi, G.K. Pillai has said that the delay in rolling out the rehabilitation package by the Jharkhand government is effecting the performance of the company and morale of its employees. -
IDFC Pvt Equity invests Rs 35 cr in Doshion
Fetched: January 14th, 2008, 12:32pm EST
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IDFC Private Equity today said it has invested Rs 35 crore in Doshion, an Ahmedabad-based water management firm. -
Punj Lloyd consolidated net jumps more than two fold in Q2
Fetched: January 14th, 2008, 12:32pm EST
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Construction firm Punj Lloyd has posted an over two-fold jump in consolidated net profit at Rs 89.44 crore for the quarter ended September 30 due to good execution of projects and substantial earnings from overseas. -
Western Auto, Palfinger in JV
Fetched: January 14th, 2008, 12:32pm EST
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The $400-million Western Auto (part of the ETA Star Group, UAE) and the e585.2-million Palfinger have entered into a joint venture for distribution and servicing of Palfinger cranes and hookloaders in India. -
Otis owner UTC sees India business zoom
Fetched: January 14th, 2008, 12:32pm EST
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Hartford, Connecticut-based United Technologies (UTC) is America’s 20th largest manufacturing company with revenues of $48 billion in the previous year.