Prime Minister Manmohan Singh told Parliament today that he was willing to make a statement on the state of the economy but needs some time to reflect on what he…

Essar Energy announced the appointment of Sushil Maroo as Chief Executive Officer and a director of Essar Energy following the decision by Naresh Nayyar, the current Chief Executive Officer, to…

NNG and Ayana Navigation Solutions (ANS) have launched the Personal Navigation Device (PND) designed for Indian roads. ANS Navigator A-501 device, a 5-inch model, runs on the iGO primo software…

ZF Friedrichshafen AG has opened a new plant for automatic passenger car transmissions in the United States. Located in South Carolina, ZF Transmissions Gray Court, LLC is the manufacturing site…

The HSBC Purchasing Managers’ Index (PMI) recorded above the no-change threshold for the 51st consecutive month in June. At 50.3, up slightly from 50.1 in May, the latest index reading…

Linde India Limited, a member of The Linde Group, announced its unaudited financial results for the quarter ended June 30, 2013. For Q2 2013, the company reported a gross turnover…

Consistent with its commitment to the rapidly growing Indian market, Xylem Water Solutions India Pvt. Ltd., the wholly owned subsidiary of Xylem Inc., has expanded its operations in Kerala through…

Kalyani Forge Ltd., one of India’s oldest and most established manufacturers of precision forged and machined components, has posted a recovery in its net profit at Rs. 2.77 crore for…

Prime Minister Manmohan Singh has asked the industry leaders to shun negative sentiments, assuring them that government will not leave any stone unturned to ensure that the economy rebounds. “I appeal…

India’s long-term manufacturing plan objectives of creating 100 million additional jobs by 2025 runs the risk of being jeopardised if implementation issues are not addressed in a spirit of collaboration…