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ISRO wins innovative company of the year award at IESA Industry Excellence Awards

Dr. Ramachandra Naidu Galla, Chairman, Amara Raja Group was conferred with the Lifetime Achievement Award in energy storage for his exemplary work.Read more

Germany’s Continental to invest Rs 240-cr in powertrain plant in Pune

The plant will produce various drivetrain products including engine management systems, sensors and actuators as well as fuel and exhaust management componentsRead more

KEI expects robust growth driven by rising house wire and cable demand

The Q2 sales in house wire segment went up to Rs. 209 crore in FY19 from Rs 131 Cr in the last financial year.Read more

Mario Azar named new President of Black & Veatch’s power business

Azar will serve on thew company’s executive company along with leading important aspects of the power business.Read more

Hitachi acquires ABB's power grids business for $11 bn

Power electronics giant Hitachi has agreed to acquire ABB’s power grids business in an $11 billion (£8.7 billion) deal. Initially, Hitachi will acquire an 80.1 per cent stake in the power grids business and expects to close the acquisition in the first half of 2020, making power grids a consolidated subsidiary. Read more

GF Machining Solutions provide 3DS-enabled die-sink machines

3DS technology smoothens out the distance between the peaks and valleys on the mould surface, but not to a point where the peaks are eliminated.Read more

Create dedicated lending window for MSME sector: R Narayan

As 2019 dawns upon us, the performance of India’s MSME sector will be critical in moulding the growth trajectory of the Indian economy, says R Narayan, Founder & CEO, Power2SMERead more

Sterlite Power bags power transmission project in Brazil

An investment of nearly $0.6 bn will be required for the project, which will include 6 substations.Read more

Braking system supplier WABCO signs $950 mn deal with global manufacturer

Under the agreement, WABCO will be supplying its leading braking, advanced driver assistance systems and efficiency technologies to the OEM.Read more

Hitachi to acquire ABB's power grids business

Hitachi plans to strengthen its energy solutions business through this deal and expects to close the acquisition by the first half of 2020.Read more

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