Daimler to beef up its R&D; activities in India (Lead)
April 18th, 2012 - 8:31 pm ICT by IANS
Chennai, April 18 (IANS) German automobile major Daimler AG will produce trucks from its new plant in Tamil Nadu from where it will export the vehicles to Africa, Middle ... Read more...
Posted in Uncategorized |
Sharda Motors looks for equity investor
February 11th, 2012 - 6:22 pm ICT by IANS
Chennai, Feb 11 (IANS) Auto component vendor Sharda Motor Industries Ltd is planning to raise equity funds for its future plans and is also exploring overseas market for its off-the-highway ... Read more...
Posted in Business |
BEML targeting African, Southeast Asian markets
January 30th, 2012 - 12:07 am ICT by IANS
Kolkata, Jan 29 (IANS) Leading construction and mining equipment makers BEML is targeting foreign markets like Africa for supplying earthmoving equipment and also foraying into aerospace, a company official said ... Read more...
Posted in Business |
Caterpillar to expand Indian operations investing $212 million
December 1st, 2011 - 1:14 am ICT by IANS
Chennai, Nov 30 (IANS) As a part of its $3 billion expansion programme globally, mining, construction equipment and engines manufacturer Caterpillar Inc will be investing $212 million over the next ... Read more...
Posted in Business |
Wipro ties up for aerospace component unit
May 25th, 2011 - 11:47 pm ICT by IANS
Bangalore, May 25 (IANS) Indian IT bellwether Wipro's Infrastructure Engineering division tied up with European Aeronautic Defence and Space company's Spanish subsidiary CESA (Compania De Sistemas Aeronauticos S.A.) to set ... Read more...
Posted in Sci-Tech |
Kobleco Construction to double sales in 2011
April 14th, 2011 - 9:47 pm ICT by IANS
Chennai, April 14 (IANS) The Indian subsidiary of Japanese earthmoving equipment major Kobelco Construction Machinery plans to double the sales of its hydraulic excavators this year, said a top company ... Read more...
Posted in Business |
JCB India hopes to grow 15 percent in 2011
April 8th, 2011 - 9:41 pm ICT by IANS
Chennai, April 8 (IANS) Earthmoving equipment maker JCB India Ltd is hoping to close calendar year 2011 with 15 percent growth over the 21,000 units it sold in 2010, an ... Read more...
Posted in Business |
Kobelco to start production in Tamil Nadu in January
November 10th, 2010 - 3:06 pm ICT by IANS
Chennai, Nov 10 (IANS) Japanese earthmoving equipment company Kobelco Construction Machinery will commission its 1,200 units-per-annum hydraulic excavator factory in Tamil Nadu next year.The factory will come up at the Sri City ... Read more...
Posted in Business |
JK Tyre enters Tamil Nadu with Rs.1500 crore plant
August 4th, 2010 - 8:51 pm ICT by IANS
Chennai, Aug 4 (IANS) JK Tyre and Industries plans to beef up its topline adding Rs.2,000 crore with a new radial tyre plant in Sriperumbudur near here from fiscal 2012-13 onwards, said ... Read more...
Posted in Business |
Kobelco to set up excavator plant near Chennai
October 22nd, 2009 - 4:12 pm ICT by IANS
Chennai, Oct 22 (IANS) Japanese earthmoving equipment company Kobelco Construction Machinery will invest around Rs.46 crore ($9.85 million) to set up a hydraulic excavator factory in the Sri City industrial estate, 55 ... Read more...
Posted in Business |
Caterpillar to expand Indian operations, to invest Rs.8 bn
December 18th, 2008 - 8:20 pm ICT by IANS
Chennai, Dec 18 (IANS) With investments in the infrastructure sector set to increase in India, earthmoving equipment major Caterpillar Inc has decided to expand its Indian operations on an outlay of Rs.8 ... Read more...
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With hopes of a miracle, efforts on to rescue child (Lead)
October 11th, 2008 - 11:17 pm ICT by IANS
Agra, Oct 11 (IANS) Over 60 hours after two-and-a-half-year-old Sonu fell into a 150-foot deep borewell in a village in Uttar Pradesh's Agra district, there was no sign of his movement Saturday ... Read more...
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Caterpillar to invest $200 mn in India facilities
June 26th, 2008 - 9:34 pm ICT by IANS
Chennai, June 26 (IANS) Earthmoving equipment major Caterpillar Inc., headquartered in the US, will invest $200 million to ramp up its Indian operations over the next four years, the company said here ... Read more...
Posted in Business |
BEML, SAIL join hands for equipment supply
May 19th, 2008 - 8:58 pm ICT by admin
New Delhi, May 19 (IANS) Bharat Earth Movers Ltd (BEML), a defence public sector undertaking, has signed a memorandum of understanding (MoU) with the country's largest steel producer Steel Authority of India ... Read more...
Posted in Business |
BEML opens sourcing office in China
May 1st, 2008 - 9:22 pm ICT by admin
New Delhi, May 1 (IANS) Aiming to raise its business volume, India's state-run heavy earthmoving equipment manufacturer - the Bharat Earth Movers Ltd (BEML) - has opened its overseas office in Shanghai, ... Read more...
Posted in Business |
Centre asks industry captains to re-think on liberalising remanufactured goods trade
February 5th, 2008 - 6:39 pm ICT by admin
New Delhi, Feb 5 (ANI): Senior officials of the Commerce Ministry on Tuesday advised Indian industry to apply themselves to the task of determining the stance that India should take in the ... Read more...
Posted in Business |