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ABB INVESTMENT ZURICH
ABB open to 'more than one' big deal in renewed M&A drive, chairman saysSwiss engineering powerhouse ABB is embarking on an ambitious acquisition journey, expressing interest in several multi-billion dollar deal...
ABB gives confident outlook for 2026, launches $2 billion buybackSwiss engineering group ABB reported fourth-quarter earnings exceeding forecasts and announced a new $2 billion share buyback, expressing c...
ABB to sell robots business to SoftBank in $5.38 billion dealSoftBank Group is acquiring ABB's robotics business for $5.4 billion, marking a significant expansion into robotics for SoftBank founder Ma...
UBS and Credit Suisse: Similar Swiss banks with differing fortunesCredit Suisse is still looking shaky despite taking a $54-billion lifeline thrown by the Swiss central bank. Investors remain nervous about...
ABB in talks to buy out L&T’s electrical businessABB owns 75 per cent in ABB India, its locally listed arm, and the acquisition will help the Zurich-headquartered firm consolidate its posi...
Swiss infrastructure major ABB looking at India for M&A: Global CEOABB, which is one of the major players in the infrastructure sector in the country, is also looking to increase its foothold.
- TOI impact: Electricity from your garden
The table in the garden of a family home in Nieder glatt, not far from Zurich, looks like many a garden table — simple design, chromium ste...
Robots now learn not to crush youThey’re learning to behave around people, bringing them one step closer to the Jetsons-esque dream of automated servants that might one day...
Wipro wins $400 million contract from Swiss engineering giant ABBThe deal win underlines the nation’s third-largest IT company’s prowess in strengthening its cloud offerings, because it will move a lot of...
ABB India shares soar over 17% on delisting buzzThe company’s profit margins are lower to its peers and it does not justify the high price-earnings ratio at which the shares are trading,”...
ABB is optimistic about India, says Brice KochFor ABB India, the business accounted for 30% of its Rs 7,470-crore revenues in 2012.
Ravi Uppal: Meet Naveen Jindal's Man FridayCome Monday, Ravi Uppal will take over as managing director and chief executive officer of Naveen Jindal group flagship Jindal Steel & Powe...
- ABB Q3 net profit up 12% to over $1 bn
The company recorded a net profit of $927 million during the July-September period of 2008, it said Thursday.
- ABB annual net profit drops 17% to 3.1 bn dollars
Engineering giant ABB said on Thursday that its net profit slipped 17% in 2008 to 3.118 bn dollars (2.4 bn euros), with the fourth quarter ...
- ABB posts 26 per cent increase in Q3 net profit
Engineering company ABB Ltd. announced a 26 per cent increase in net profit for the third quarter.
- ABB posts 34% increase to $975 mn in Q2 net profit
ABB Ltd on Thursday posted a 34 percent increase to US$975 million in net income for the second quarter on the strength of global demand fo...
- ABB focusing on organic growth
Swiss engineering group wants to focus first of all on organic growth but it is still screening large and small acquisition targets, the gr...
- ABB sees first quarter profits soar to $1 bln
The Swiss-Swedish engineering giant ABB announced Thursday an 87 percent rise in first quarter net earnings to one billion dollars (630 mil...
- ABB CEO quits over ‘irreconcilable differences’ with board
ABB chief executive officer Fred Kindle, who returned the Swiss company to profit and dividends after four years of losses, resigned after ...
- Power grid expansions in India, China lift ABB net
ABB, the world’s largest builder of electricity networks, said third-quarter profit more than doubled as China and India invested in new po...