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SWISS ENGINEERING CONGLOMERATE
Global Market: Hong Kong IPO boom draws rising interest from overseas companiesHong Kong's stock market is seeing more foreign companies file for listings. Firms from countries like Indonesia and South Korea are explor...- Russia's struggle to build commercial jets reflects deeper industrial malaiseCrippled by Western sanctions, Russia's aircraft industry faces a severe production crisis, delivering only one of fifteen planned commerci...
- NARCL offer for JAL triggers Swiss challenge, a dozen entities interestedNational Asset Reconstruction Co Ltd (NARCL) has offered ₹12,000 crore for the debt-ridden Jaiprakash Associates Ltd (JAL), sparking a Swis...
- Profit-taking pauses D-Street's record run: Sensex falls 72 points; Nifty below 25,400Leading the Sensex decline were Adani Ports, ITC, and other companies, with losses ranging from 0.7% to 1.4%. Countering the trend, Bajaj F...
- Red Alert: Sensex, Nifty drop from record highs as FMCG and energy stocks lead declineIndian indices Sensex and Nifty opened lower, down 0.20% and 0.23%, due to FMCG, energy.
- KelpHR PoSH Awards name IndiGo, Tata Consulting Engineers, Uber among India’s top 25 safest workplaceKelpHR PoSH Awards 2023, hosted by KelpHR, are given to companies that offer safe, happy, and inclusive workplaces and include industry-wid...
- Hitachi Energy doubles capacity at Bengaluru plantThe capacity to produce power quality equipment has been expanded to 22,000 MVAR (kilowatt ampere reactive) from 10,000 MVAR.
- European stocks slide after virus fears knock Wall StreetThe sectors have rallied strongly in November, helped by encouraging news on Covid-19 vaccine that pushed the STOXX 600 to eight-month high...
- Schneider, Eaton frontrunners to buy L&T’s electrical businessSchneider has teamed up with Temasek, the Singapore's state investment company for the buyout, while Eaton has re-engaged after their 2011 ...
- Tata company Voltas eyes Videocon's home appliances brand KenstarVoltas has completely grown its airconditioning business -the second biggest revenue generating unit after electro-mechanical projects and ...
- need2know: Seven macro triggers the market may watch todayIndia will start getting financial information of accounts held by Indians in Swiss banks on automatic basis from September 2019, a move th...
- Alstom ex-India MD Robert Hallett out on bail in Delhi Metro bribery caseA former managing director of Alstom Transport India was today released on conditional bail after he appeared before a UK court here to fac...
- Alstom ex-India MD accused of bribing DMRC officials: ReportRobert Hallett had been named as the first person to face charges in connection with the Serious Fraud Office's (SFO) bribery investigation.
- Fifteen stocks in focus in Friday morning tradeIndian markets are expected to trade in a range. Here is a list of fifteen stocks which are likely to be in focus today.
- ABB rallies over 15% in February, further upside limited: JPMorganShares of ABB rallied after the Indian subsidiary of the Swiss engineering conglomerate by the same name saw an improved operating performa...
- Rs 3,600-crore IAF deal in trouble as Finmeccanica chief Giuseppe Orsi held for graft"Giuseppe Orsi, the head of Italian defence and aerospace giant Finmeccanica, was arrested on Monday in relation to a probe into corruption.
- Swiss firm Prominvest tops Aditya Birla's bid for Northern IronThe offer comes after India's Aditya Birla Group on July 23 sweetened its buyout offer by 8.5 per cent to AUD 1.40 per share.
- Ravi Uppal joins L&T board; may become AM Naik's successorRavi Uppal is seen as one of the strongest contenders for post of chairman of the Rs 40,000-crore engineering major. The incumbent, AM Naik...
- German tool industry foresees 25,000 job cutsDemand for machine tools, a key component of the German powerhouse economy, collapsed in December, threatening the jobs of 25,000 workers t...
- Govt cos, MNCs may help Satyam with $400-mn dealsThe contracts are for tasks such as data management, information infrastructure management and deploying new applications. The funnier side...
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