Engineering and construction major Larsen and Toubro on Friday said it has entered into a strategic partnership with GE Energy for focusing on the Indian power generation market.
Power equipment maker Bharat Heavy Electricals on Thursday said its in-house research and development efforts have contributed Rs 2,936 crore to the total turnover of the public sector company.
Kirloskar Brothers Ltd said its joint venture Meil-Maytas KBL received contracts worth about Rs 934 crore from the Andhra Pradesh government for constructing pump houses.
One of India's largest air conditioner coil manufacturer, Lloyd Electric and Engineering Ltd (LEEL), today announced the acquisition of Luvata Czech in Prague through its Special Purpose Vehicle - Lloyd Coils Czech.
Everest Kanto Cylinder (EKC), a manufacturer of high pressure cylinders, on Tuesday said its wholly-owned subsidiary in China, EKC Industries (Tianjin) Co Ltd, has commenced commercial production.
Great Offshore is set to acquire Cayman Islands-based SeaDragon Offshore for $1.4 billion that would give the Indian company rigs, which can be deployed for ultra deep water discovery.
BHEL has taken over engineering firm Bharat Heavy Plate and Vessels Ltd and also signed MoU with Andhra Pradesh Power Generation Corp Ltd for setting up a 125 megawatt coal-based power plant.
State-run power equipment-maker Bharat Heavy Electricals Ltd on Thursday said it would invest Rs 1,000 crore in its Tiruchi plant in the current fiscal to increase boiler capacity.
IFGL Refractories Ltd (IFGL) would invest Rs 50 crore at a new continuous casting plant at Kandla in Gujarat and was looking at acquisitions with a kitty of 10 million Euro.
Construction major Larsen and Toubro has moved the Supreme Court challenging the Delhi High Court's order that directed ONGC to consider Malaysia-based Ramunia Fabricators Sdn Bhds' bid for development of an oil field in Mumbai offshore.
Global manufacturer of commercial and residential heating, ventilation and air-conditioning equipment (HVAC) company Trane Inc today announced the launch of its India Design Centre in Chennai for an undisclosed amount.
Earth moving equipment major BEML is planning to foray into Indonesian and Australian markets while it expects rail and metro business to be its next engine of growth.
L&T has moved the SC challenging the Delhi High Court's order that directed ONGC to consider Ramunia Fabricators Sdn Bhds' bid for development of a oil field.
Global escalator supplier, Schindler group, on Monday said it has launched its best-selling range of elevators-the Schindler 3300 and the Schindler 5300, in the country.
Larsen & Toubro Ltd said on Monday it had won an order worth Rs 3.4 billion ($84 million) from state-run Power Grid Corp for setting up power transmission lines.
Larsen & Toubro (L&T), which has seen many a bitter takeover battle, is finally instituting a structure that will be a buttress against hostile bids. Tips for successful biz
Tyre Major MRF is to set up a new radial tyre factory in the backward Perambalur district of Tamil Nadu, besides expanding its capacity at its Chennai and Arakonam units.
Diversified firm Kesoram Industries Ltd said on Friday it has suspended work at its spun pipes and foundries unit in West Bengal with effect from Friday.
US based Rockwell Automation, global manufacturers of industrial automation solution, said Wednesday it has partnered with L&T Infotech to develop FactoryTalk .
French engineering major Alstom is planning to spruce up its domestic equipment manufacturing activity by starting production of high-value turbine/generator (TG) sets for thermal and nuclear power plants.
Bharat Heavy Electricals and NTPC have formed a 50:50 joint venture to carry out engineering, procurement and construction contracts for power plants and other infrastructure projects, as well as manufacture and supply equipment in India and abroad.
State-run BHEL secured orders worth Rs 3,368 cr from Chhattisgarh State Electricity Board for supplying and installing power equipments to its projects.
It is the turn of Indian semiconductor industry to feel the heat of US recession and dollar depreciation after its big brother - the software industry was jolted by the tightening of IT spending by US-based firms.
Sterlite Industries India, the flagship company of Vedanta Group announced a consolidated net profit of Rs 1,318.41 crore for the fourth quarter ended March 31 against Rs 1,143.22 crore a year ago.
Reliance Power, the flagship utility of Anil Dhirubhai Ambani Group, is in talks with Bharat Heavy Electricals (BHEL) to place the turnkey contract for its 4,000 mw ultra mega power project at Krishnapatnam.
Everest Kanto Cylinder, manufacturer of industrial and CNG cylinders on Monday said it has completed acquisition of US-based CP Industries for $66.3 million.
L&T on Monday said it has entered into an agreement with CIDCO to develop a world-class Integrated Commercial Complex at Seawoods railway station, Navi Mumbai at a project cost of Rs 3,500 crore.
Fuchs Lubricants, a wholly-owned subsidiary of Fuchs Petrolub Germany, on Sunday said it is setting up a manufacturing plant in Maharashtra at an investment of $10 million for making lubricating oils, greases and specialities.
After making history by taking over Corus and Jaguar, Indian giant Tata is eyeing on forging a partnership with Embraer, aircraft manufacturing company of Brazil.
German original equipment supplier ElringKlinger Group today announced the inauguration of its first manufacturing facility in India, at Ranjangaon near Pune.
Converteam, a US based power conversion enegineering company, is to increase its headcount at its Engineering Development Centre here to support its projects worldwide.
Larsen and Toubro said it would complete a 585 km pipeline for evacuation of crude oil from Cairn India's Rajasthan field by June 2009 in sink with the company's oil production plans.
Larsen & Toubro has bagged four orders valued at Rs 1,687 crore from the Rajasthan government, Bhushan Steel (Onssa), SAIL Bokaro Steel Plant, and Damodar Valley Corporation.
Petron Engineering Construction has bagged a Rs 84.27 crore contract from Bharat Oman Refineries for mechanical work at Bina Refinery in Madhya Pradesh.
Petron Engineering Construction has received letter of intent for a contract valued at Rs 84.27 crore from Bharat Oman Refineries, for mechanical work for HCU/DHDT at Bina Refinery in Madhya Pradesh.
China’s largest power equipment manufacturer Dongfang Electric (DEC), which is in the process of setting up a service centre in Kolkata, may build a power equipment manufacturing base in India.
Telco Construction Equipment (Telcon) announced it has acquired a controlling stake in Spanish firm Comoplesa Lebrero, which deals in compaction equipment technology.
Sealing its second acquisition in a week, Tata group company, Telcon, on Friday said that it has signed a deal for acquiring a 60 per cent stake in Spanish company, Comoplesa Lebrero SA.
Engineering and Construction major, Larsen & Toubro, on Thursday said its Electrical & Electronics Division has filed 101 patent applications on its range of products in 2007-08.
Navratna Defence PSU Bharat Electronics Limited (BEL) has recorded a turnover of Rs 4114 crore (provisional) for 2007-08 as against last year's turnover of Rs 3952 crore.
Homegrown business conglomerate Mahindra & Mahindra on Wednesday said it, along with ICICI Venture Funds Managements, has signed a definitive agreement to acquire Italian gear manufacturer Metalcastello.
Sterlite Industries (India) limited unit at Tuticorin Port has won the prestigious "state Safety Awards" for the year 2005 from the Inspectorate of Factories under Group 'A' in all three schemes.
DCM Engineering on Friday said that it will invest Rs 200 crore for setting up its new facility in Chennai to meet growing requirement of automotive industry.
Tata group company, Telco Construction Equipment Company (TELCON), today said it has signed a deal to acquire a 79 per cent controlling stake in Spain-based Serviplem SA.
Bharat Forge, the flagship company of the Kalyani Group, has signed an MoU with the state government for setting up a centre for advanced manufacturing at Baramati near Pune.
Petron Engineering Construction has received letter of intent valued at Rs 15.81 crore from Bharat Oman Refineries, for electrical works at Bina Refinery in Madhya Pradesh.
Bilpower Ltd, engaged in manufacturing allied equipments for the power engineering sector, is pursuing ambitious expansion plans through organic and inorganic routes.
AEC Project Services (I) Private Ltd has announced its foray into the detailed engineering space in the domestic market as part of its value added offering to Indian customers.
Market leader BHEL has accused the Chinese companies of grabbing the equipment supply contract for mega power projects by resorting to dumping, but the state-owned undertaking declined to move government on this.
Global drilling services provider Aban Offshore on Wednesday said it has bagged an order for the deployment of a rig in the Middle East for 300 million dollars.
Larsen & Toubro has bagged a contract valued at Euro 28 million for supply of the coal cashier and syngas cooler assembly to Hebi Coal and Electricity, subsidiary of Zhongyuan Coal Chemical Industry Group of China.
Era Infra Engineering has bagged a contract from Central Park Estates valued at Rs 86.5 crore for the construction and development of central park at Gurgaon.
Larsen & Toubro has bagged a contract valued at Rs 74.7 crore for SCADA system for onshore control centers for offshore operations by Oil and Natural Gas Corporation.
Cartridge World, the Australian speciality cartridge retail chain, is looking at opening 100 stores by the year-end and capture 10 per cent market share by 2010, a top company official said on Sunday.
The Engineering Export Promotion Council on Friday said it would sign two MoUs with the Russian Chamber of Commerce during its 18th mega exhibition;INDEE in St Petersburg.
Engineering and geospatial services firm Rolta India Ltd said on Friday FMR LLC and FIL Ltd, along with their subsidiaries, have acquired a further 0.13 percent stake in the company to raise their total holdings in the company to 5.04 percent.
Seamec has bagged a contract valued at $19 million from Sime Darby Engineering, Qatar, for charter of vessel Seamec Princess for six months with the option for extension.
INCAT,a engineering services outsourcing (ESO) and product development IT services company, and Hindustan Aeronautics Limited (HAL) today announced a joint venture creating INCAT-HAL Aerostructures limited.
Pratibha Industries has bagged a contract valued at Rs 53.81 crore for construction of 900 MLD water pumping station at Bhandup Complex from Municipal Corporation of Greater Mumbai.
Everest Kanto Cylinder has entered into an asset purchase agreement with US-based Reunion Industries, Inc to buy all of the assets and liabilities for cash consideration of $64.25 million, subject to adjustment and further subject to Bankruptcy Court proceedings and other regulatory approvals.
Everest Kanto Cylinders Ltd said on Tuesday it has agreed to buy assets and liabilities of CP Industries, the pressure vessels division of US-based Reunion Industries, for $64.25 million in cash.
Tata Technologies company INCAT has formed a joint venture with Hindustan Aeronautics to undertake work packages related to engineering design services in aerostructures.
IVRCL Infrastructures & Projects has bagged irrigation order valued at Rs 478.48 crore for execution of canal having the length of 46 Kms and 5 Kms of tunnels from Narmada Valley Development Authority, Bhopal for execution of Canal system of Indira Sagar Project, Madhya Pradesh, on turn key basis
Subhash Projects & Marketing has bagged orders valued at Rs 80.54 crore for execution of water supply projects from Chennai Metropolitan Water Supply and Sewerage Board.
Era Infra Engineering and KMB, Ukraine in joint venture have bagged an order valued at Rs 77.91 crore for expansion and modification of terminal building at CE Pune from air ports authority of India.
