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Infosys Appoints Salil S. Parekh as CEO and Managing Director

Infosys announced today that its Board of Directors has appointed Salil S. Parekh as Chief Executive Officer and Managing Director (CEO & MD) of the company effective January 2, 2018.Read more

MHPS CEO opens new repair facility and plans to manufacture the world's most efficient gas turbine

MHPS Saudi Arabia, Co., a subsidiary of Mitsubishi Hitachi Power Systems, Ltd. (MHPS) today opened its new turbine rotor repair facility in Dammam, and announced plans to manufacture its most advanced gas turbines in the kingdom, as part of a phased investment strategy in the Kingdom.Read more

Siemens and Alstom join forces to create a European champion in mobility

Siemens and Alstom have signed a Memorandum of Understanding to combine Siemens’ mobility business including its rail traction drives business with Alstom.Read more

Clearford announces the signing of MoU with Tata Projects

Clearford Water Systems Inc. ("Clearford" or the "Company"), (TSXV: CLI), announced that it has signed a Memorandum of Understanding (MOU) with Tata Projects Ltd. Read more

Kennametal Board names Christopher Rossi CEO; De Feo appointed Executive Chairman

Kennametal Inc has announced that its board of directors has appointed Christopher (Chris) Rossi as president and chief executive officer and has named him a director. Chris succeeds Ron De Feo whom the board has appointed executive chairman of the board. Both appointments are effective August 1, 2017.Read more

Freudenberg CEO announces big investment in Chennai

Bengaluru, May 19, 2017 – The Freudenberg Group continued its profitable growth in 2016 despite challenging conditions in multiple market segments and world regions. The global technology group achieved sales of EUR 8.6 billion, based on the pro-rata consolidation of joint ventures.Read more

Siemens drives power converter business through improved integration

"The vertical integration will optimise the link between the physical and the digital world allowing best and flexible product designs and better adaptation to customer needs", said Tim Davidowsky, CEO of the large drives business unit at Siemens.Read more

Emerson Network Power rebrands as Vertiv, appoints new CEO

The business now formerly known as Emerson Network Power has announced the appointment of Rob Johnson as CEO and officially commenced a campaign to rebrand the standalone company as Vertiv.Read more

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