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SWEDISH BEARING MANUFACTURER
Quote of the Day by Alfred Nobel: 'A heart can no more be forced to love than a...'—Inspiring quotes by the legendary Swedish chemist and inventor who also founded the Nobel PrizesQuote of the Day: Alfred Nobel's quote on love, comparing it to digestion, emphasizes that emotions cannot be forced. This reflects his lif...- 'Western tech dominance fading' at Lisbon's Web SummitLisbon’s Web Summit gathers over 70,000 attendees to discuss AI, robotics, and startups amid global tech tensions. Speakers highlighted shi...
- ET Prime Special Series: Multibagger or IBC - Part 24. History on its side, will demerger unlock value for this company?In the auto ancillary universe, staying relevant in the EV era requires more than legacy strength. This company, with operations in India s...
- Fashion brands move slow on their green promisesDespite fashion industry's pledges to cut greenhouse gas emissions, a new report reveals slow progress in major textile-producing countries...
- Delhi HC restrains infringement of Volvo trademarkThe Delhi High Court has issued an injunction against the infringement of Volvo's trademark by two transportation companies. The court orde...
- Mercedes' top supplier survived Napoleon, the Great Depression & two world wars. But not the current auto slumpEurope's auto slump is crippling small manufacturers in the automotive supply chain. Gerhardi Kunststofftechnik GmbH, a long-time Mercedes ...
- AstraZeneca to withdraw Covid vaccine globally as demand declines; faces legal challenges over side effectsAstrazeneca Vaccine: AstraZeneca has announced the worldwide withdrawal of its COVID-19 vaccine, Vaxzevria, citing a surplus of updated vac...
- AI-based vision inspection startup SwitchOn raises $4.2 millionThe company, with 80% of revenues generated from India and 20% from the United States, has raised $5.2 million in total so far.
- India Inc demands more techies with the rise of digitalisation“60-70% of companies are either increasing the hires for digital functions or top grading talent, with the increase in their digital footpr...
- Volvo Group launches green casting developed in IndiaIt further said these castings will be produced by Brakes India, utilising scrap, alloys, and raw materials that are 100 per cent radioacti...
- SKF to scale up investments in India to double global revenuesSKF Group reported a turnover of Rs 69,811 crore in 2021. India currently accounts for about 5% of global revenues. Separately, Gustafon sa...
- How green champion Sweden could end up exporting its carbon sinsSweden's dilemma encapsulates one the challenges facing nations meeting in Glasgow for the U.N. COP26 climate talks: how to show they are n...
- Modi govt has been quietly following the idea of Aatmanirbharta for the past seven yearsWhile the tagline — Aatmanirbharta — is new, the Centre has been quietly following the idea inherent in it since the first Modi government ...
- Swedish bearing manufacturer SKF India eyes capacity expansion to meet demand“We had to sadly turn down orders because we were running at full capacity. We need to invest fairly quickly in capacity (expansion),” SKF ...
- SKF India expects to corner higher share in auto-components marketThe country's leading bearings maker, which reported a net profit of Rs 65.02 crore in September quarter of the current fiscal, 23.16 per c...
- Firms pledge to cut back on guzzlingAs India's demand for electricity, consumer goods and food increases, it will mirror a similar situation forcing businesses to rethink wate...
- MNCs announce 71,000 job cuts globally by more than a dozen multinationalsCompanies to have confirmed massive job cuts include HP, Nokia, Sony Corp, Yahoo, PepsiCo, Royal Bank of Scotland and airline firm Lufthans...
- Sweden's SKF to slash 900 more jobs worldwideThe company, which has a good presence in India, has already cut 3,700 jobs since the third quarter of 2008.
- Sweden's SKF to lay off 2,500 workers globallySwedish bearings maker SKF AB on Wednesday said it is slashing nearly 6 per cent of its work force, or 2,500 jobs, worldwide to adapt to lo...
- SKF to make India its key production hubSKF India, part of the AB SKF Group, is emerging as an important manufacturing centre for the parent company.
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