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GERMAN ARMS MAKER
Mercedes-Benz India confident of sustaining growth on strong demand this yearThe premium car maker also said that a price increase was on the cards to deal with the impact of sustained pressure on Indian Rupee, among...- ET Exclusive | Sun Pharma set to acquire Organon for $12.5 bn, its biggest till dateUS company’s board meeting is happening this weekend to finalise decision; an announcement is imminent later tonight or by Monday. Mumbai H...
- China bans dual-use item exports to seven European entities over Taiwan arms salesThe entities, including German defence electronics firm Hensoldt AG and Belgian-based defence and sporting arms manufacturer FN Browning, h...
- From machine tools to military tech: German industry dons fatiguesDefence and security-related firms for the first time have their own section at the world's top industrial fair in Hanover this week -- a s...
- European stocks climb on defense boostEuropean shares rose on Monday, led by defence stocks, as the region's top political leaders called for an emergency summit on the Ukraine ...
- Heil Tesla! German activist group projects a huge image of Elon Musk's Nazi salute onto Gigafactory, labels it the commercial arm of fascism; video goes viral on social mediaA gigantic image of Elon Musk's Nazi salute has now been projected at Tesla's German Gigafactory, sparking new rows about fascism. Germay h...
- Germany's Rheinmetall buys US defence supplier for $950 mnGerman arms maker Rheinmetall has acquired US-based vehicle specialist Loc Performance for $950 million, enhancing its foothold in the worl...
- Kremlin dismisses reports of assassination plot against German arms makerAllegations of a Russian plot to assassinate the CEO of a German arms maker supplying weapons to Ukraine have been dismissed by the Kremlin...
- Mercedes Benz to make Rs 3,000 crore investment in Maharashtra: ministerGerman car-maker Mercedes Benz will invest Rs 3,000 crore in Maharashtra, according to state Industries Minister Uday Samant. During his vi...
- German defence industry says it will need government help to reduce dependence on ChinaHans Christoph Atzpodien, head of the Bundesverband der Deutschen Sicherheits- und Verteidigungsindustrie (BDSV), said the U.S. defence ind...
- Thyssenkrupp bids for $5.2 billion Indian submarine contractThyssenkrupp Marine Systems would helm engineering and design of the vessels if India chooses to hand a contract to the manufacturers, whil...
- German wind turbine maker Senvion GmbH to sell 100% stake in India arm to GREDHCLThe transaction envisages the transfer of complete ownership of Senvion India along with all assets such as the factory, installed base of ...
- Suzlon Energy gets investors' nod to sell its German arm SenvionEarlier, debt-laden Suzlon had announced selling its German subsidiary Senvion to US-based Venture Capital fund Centrebridge Partners for a...
- Faber-Castell files Rs 75-crore damages against former managing director Anup Bhaskaran Rana“There are also allegations of cooking up of books, diversion of funds, intellectual property violation and misappropriation."
- Suzlon to rename German arm REpower as SenvionSuzlon Energy renamed its German subsidiary REpower Systems as Senvion with effect from 2014, wind turbine maker said.
- Bosch Q1 net profit up 32% to Rs 278.93 croreThe Indian arm of German auto ancillary maker Bosch Ltd has posted a 32.99 % increase in net profit for the quarter ended in June.
- BASF set to acquire Cognis for USD 4.1 bn: ReportThe German chemical giant BASF SE is close to acquiring specialty chemicals company Cognis GmbH for at least USD 4.1 billion.
- Fate of 5,500 Vauxhall Motors workers uncertain: ReportThe fate of 5,500 Vauxhall Motors workers is uncertain after the German government agreed on a deal with the new owner of the European arm ...
- DRL, Ranbaxy, Wockhardt vie for German mega-dealThe bid is scheduled to open in the first week of November. Germany, which is the world’s second largest drug market, looks for ways to cur...
- Dr Reddy's could face margin pressure in GermanyLeading Indian drug makers with a large presence in Germany could face substantial pressure on margins following a recent tender by a Germa...
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