Caterpillar's shares hit record high on profit beat, robust demandCaterpillar beat estimates with a double-digit jump in operating profit on Monday to send its shares to a record high buoyed by mining equi...
05 Feb, 2024, 09.03 PM IST
Gainwell Group acquires TIL Limited, invest Rs 1000 crore for expansionGainwell, the Kolkata-headquartered capital goods manufacturer with presence in the mining, construction, energy, defence, railways, and he...
24 Jan, 2024, 06.58 PM IST
Caterpillar invests in tech startup Nth Cycle to boost recyclingThe investment, announced on Monday, comes as part of a $44 million Series B round of financing in privately-held Nth Cycle, which is among...
05 Dec, 2023, 09.20 AM IST
Panel for incentivising local production of mining gearThe committee also had representatives from Singareni Collieries Company Ltd, West Bengal Power Development Corporation Ltd, Bharat Earth M...
24 Nov, 2023, 12.08 AM IST
CEOs will have to reckon with Chinese machinesAs a deflated real-estate sector and Covid-Zero strategy destroy demand, the country’s biggest construction-machinery makers — unfazed by t...
02 Dec, 2022, 09.45 AM IST
Dear Santa, a Caterpillar D9 for Christmas, pleease!The D9, as you well know, is a tractor with a large detachable blade at one end and a ripper attachment at its rear. In other words, it's a...
19 Jun, 2022, 12.00 AM IST
Gainwell to invest Rs 500 crore in mining equipment manufacturing in BengalCoal India will incur a capex of Rs 40,000-50,000 crore over the next 4-5 years and a large chunk of the investment would be in procurement...
07 Feb, 2022, 09.03 PM IST
Dealmaking, Trump's health update boost European stocksOil majors Royal Dutch Shell, BP and Total gained nearly 2%, with crude prices climbing after an easing of the worst fears about Trump's he...
05 Oct, 2020, 01.50 PM IST
Russian heavy equipment maker Uralmash set to enter India's steel & mining sectorIt has decided to form a joint venture with Noida-based SRB International, in what is poised to be the first Indo-Russian venture in manufa...
24 Feb, 2016, 06.39 PM IST
Heavy equipment market to double to $4 bn in 3 yrs: CaterpillarUS-based Caterpillar expects India's heavy equipment market to double to over USD 4 billion over the next three years given the pick-up in ...
19 Feb, 2016, 04.32 PM IST
Make in India: US heavy machinery maker Caterpillar bullish on India, in contrast to its global outlookThe global heavy machinery industry is going through a rough patch as industrial demand has been muted and mining activity has slowed down.
19 Feb, 2016, 02.03 PM IST
- Global companies eye Reliance Power equipment order
As part of Sasan UMPP, R-Power is developing the largest coal mine in the country at Moher and Moher Amlohri extension.
21 Sep, 2009, 12.49 AM IST
- Caterpillar lays off 2,454 workers in 3 states
Caterpillar Inc. announced a fresh round of job cuts Tuesday, laying off more than 2,400 employees at five plants in Illinois, Indiana and ...
17 Mar, 2009, 09.47 PM IST
- Caterpillar offers 2,000 workers early retirement
Caterpillar Inc on Wednesday offered voluntary early retirement packages to about 2,000 production workers.
11 Feb, 2009, 09.07 PM IST
- Caterpillar to cut another 2,110 production jobs
Heavy equipment maker Caterpillar Inc announced 2,110 new job cuts as it scales back production amid a world economic slowdown.
31 Jan, 2009, 11.40 AM IST
- Caterpillar to cut another 2,110 production jobs
Heavy equipment maker Caterpillar Inc announced 2,110 new job cuts on Friday as it scales back production amid a world economic slowdown.
31 Jan, 2009, 02.40 AM IST
- Caterpillar plans $1 bn plant capacity expansion
Caterpillar Inc said on Thursday it will spend $1 billion over the next two years to expand capacity in five of its Illinois factories, and...
13 Jun, 2008, 12.25 AM IST