Essar Steel wins two sizeable orders from Middle East and Africa for manufacturing of API (American Petroleum Institute) grade steel pipes worth Rs. 400 crore. The first order in Africa…

JSW Steel has cancelled plans to raise $ 275 million through external commercial borrowing as it has not received necessary approval.   “Since the necessary approval from the relevant regulatory…

Ravi Uppal, Whole-time Director & President (Power), L&T has resigned as Director of the Company. “The resignation will be effective from September 15, 2012,” the company said in a filing…

Larsen & Toubro has secured an offshore contract valued at Rs. 749 crore from ONGC for total EPCI (engineering procurement construction & installation) of four wellhead platforms. The project, spread…

Larsen & Toubro to sell its plastics machinery business to Toshiba Machine. The company signed a share sale and purchase agreement with Toshiba Machine Co., Ltd. (TMC), Japan, to sell…

For the first time in 10 years, the Indian electrical equipment industry has seen a negative growth of 2.4 per cent in the first quarter of the current fiscal (2012-13)…

  “Anticipating and preparing for the future itself would give the organisations a jump start once they envision in their strategic roadmap and evaluate the commercial viability of what science…

The manufacturing sector contributes immensely towards the economy of the country and CNC machines play an important role in providing efficiency to this sector. Relin Hedly reports. Machine Tools Sector…

Constant developments in CNC machining technologies have virtually transformed the automotive manufacturing concept in the global market. Enhance productivity, world class quality and superior finish can be achieved through improve…

New coating technology dramatically improves bearing performance Since the late 1990s, coatings on bearing rollers provide wear resistance, debris resistance and friction reduction for demanding customer applications. However, more than…