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PMI Electro appoints Dr Aanchal Jain as Chief Executive Officer
PMI Electro is India's largest electric commercial vehicle manufacturer and Jain will bring a fresh perspective to PMI Electro's vision of revolutionising the electric vehicle industry.Read more
Celeros FT to sell its Filtration business unit to London’s Px3 Partners
Celeros Flow Technology under an agreement has announced to sell its Filteration business unit to private equity firm of London Px3 Partners. BofA Securities is serving as financial advisor, Ernst & Young is serving as tax advisor to Celeros FT.Read more
CNH Industrial acquires machine vision company Augmenta
CNH Industrial took the possession of a sustainable farming solution provider company, Augmenta. CNH Industrial will acquire Augmenta Holding SAS at an enterprise value of $110 million and will have a 10.5 per cent minority stake in the company.Read more
Mobile hydraulics market reaches $18.7bn in 2021
Material handling sector accounts for 25% of mobile hydraulics market in 2020Read more
L&T named as second strongest global engineering & construction brand
L&T has also been ranked as the ‘third fastest growing brand’ by the London-based consultancy in its ‘engineering & construction 50 – 2022’ report.Read more
Sivasubramanian Ramann takes charge as the new SIDBI CMD
His appointment will be effective for a period of three years.Read more
London steps up efforts to attract Indian tech firms
London is increasing its efforts to attract Indian businesses and investors, with the opening of a new overseas office in India's tech capital, Bengaluru. The new office is part of London's continued drive to strengthen trade and investment links with India and will ease the process for Indian companies setting up, or expanding in London.Read more