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)…
Anil Ambani-led Reliance Power entered into a strategic partnership with China Datang Corporation (CDT) represented by the China Datang Overseas Investment Company (CDTO) for development and operation of power and…
Larsen & Toubro has decided 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,…
“Globally, LEDs are fast replacing any other form of lighting and we are convinced that it will be the same for India shortly”, says Arun Gupta, MD, NTL Electronics India…
Growth of manufacturing sector to remain low in quarter two of 2012-13 (July-September 2012), projects FICCI’s latest Quarterly Survey. The survey noted that rupee depreciation has presumably affected the sector’s…
According to a new market research laser technologies, components and its applications market globally is expected to reach $19.88 billion by 2017 at a CAGR of 19.2 per cent from…
ABB has won an order worth $18 million to design, engineer and supply integrated automation and modern electrification systems for Century Cement’s Manikgarh Cement plant in Maharashtra. ABB’s delivery is…
“Recession is an opportunity to attract international business alliances by offering zero-defect quality manufacturing produce at lower labour costs in the shadow of effective governance,” said Gujarat Chief Minister Narendra…
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…
The modern industries have evolved from handheld press machines to sophisticated systems and machines which can be controlled, monitored form any part of the world via Ethernet medium. Today the…
