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MITSUBISHI ELEVATORS
Yen trims gains against dollar after Japan's intervention in marketsJapan's currency, the yen, saw a slight dip against the dollar on Friday. However, it is set for its strongest weekly rise in over two mont...
Finnish lift maker Kone to acquire German rival TK Elevator in $34-billion dealThe deal, struck with TKE's private equity owners Advent International and Cinven along with other investors, is among Europe's largest rec...
Japan's benchmark bond yield jumps to 29-year high as US-Iran talks collapseJapanese government bond yields have reached a 29-year peak. This surge is driven by escalating oil prices and inflation worries following ...
Mitsubishi Electric India eyes next leap with local R&D, semiconductor partnerships, and e-Factory solutionsMitsubishi Electric India deepens localisation with two factories, digital tools and a semiconductor talent pipeline.
India could define future strategy as Honda, Nissan explore merger dealBoth companies face challenges here, including low market shares and complex alliances. Nissan's partnership with Renault and its joint man...
Japan's 10-year yield off decade high as BOJ promises to buy bondsThe 10-year JGB yield fell 1 basis point (bp) to 0.760%, after hitting 0.780% - its highest since September 2013 - earlier in the session.
Japan's 10-year bond yield hits decade high after hawkish FedThe U.S. central bank held interest rates steady as expected at the end of its two-day policy meeting, but the rate-setting FOMC said "infl...
Mitsubishi Electric to increase India’s share in global sale to 5%, says MDThe company is also feeling the impact of global supply chain disruptions and increase in raw material prices and it has increased the pric...
Nikkei drops as hawkish Fed bets unsettle investorsRichly valued U.S. tech shares fell in the past two sessions, denting investors' risk appetite in the Japanese markets, which were closed o...
Japan's military unit to make pilot-less fighter planes to counter ChinaAutonomous weapons require advanced machine-learning capabilities, and international rules have yet to catch up to the technology. The mini...
Logistics solution provider LetsTransport in talks to raise Rs 200 croreLetsTransport provides urban logistics solutions to enterprises by offering tech-enabled intra-regional transportation services.
Panchshil's flagship luxury project in Pune is a case-study in global excellenceWhile luxury real estate in India is undergoing a transformation, one brand in Pune has already moved leagues ahead of the industry in this...
Mitsubishi Electric launches new brand campaignLeading global electric and electronic equipment maker Mitsubishi Electric on Monday launched its new brand campaign “Partnering India’s dr...
Karnataka to set up 500-acre exclusive township for Japanese firms: CM SiddaramaiahThe township will come up at Vasantha Narasapur, and it will host only Japanese firms, Chief Minister Siddaramaiah said on Thursday.
Shanghai Tower to have a lift that moves at 1,230 metres per minuteIt already has the tallest observation tower — not that that’s stopped people from climbing even higher.
Make In India: Otis to build escalators and customised elevators in IndiaThe company already builds elevators in India in Bengaluru and has doubled its capacity in 2015 by spending Rs 100 crore in the expansion.
China unveils narrow-body jet, showcasing aviation goalsChina unveiled a prototype of its first homegrown passenger jet that it hopes will compete with airliners from Boeing Co. and Airbus Group ...
Punj Lloyd wins Rs 477 crores Ennore LNG Tankage Project from MitsubishiThe order backlog is the value of unexecuted orders on March 31, 2015 plus new orders received after that date.
- Otis owner UTC sees India business zoom
Hartford, Connecticut-based United Technologies (UTC) is America’s 20th largest manufacturing company with revenues of $48 billion in the p...
- Otis owner UTC sees business from India zoom
Hartford, Connecticut-based United Technologies (UTC) is America’s 20th largest manufacturing company with revenues of $48 billion in the p...