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Unimech signs deal to acquire Hobel Bellows for Rs 450 croreUnimech Aerospace and Manufacturing Limited is acquiring Hobel Bellows for Rs 450 crore. This strategic move will boost Unimech's manufactu...- Indian GCC talent taking up global leadership positions at a faster clipGlobal capability centres (GCCs) in India are moving up the corporate ladder, with nearly 20% of such centres enjoying real strategic autho...
- Don't miss this train: BofA upgrades Sona Comstar on 3 growth enginesSona Comstar shares surged over 4% after BofA Securities upgraded the stock to 'buy' with a Rs 640 target price. The brokerage anticipates ...
- From 'ruins' on Google Maps to a thriving industrial hub: How this Bihar town is slowly making a comeback after decades of closureMarhowra, once a symbol of Bihar's industrial decline with closed factories, is experiencing a revival through a modern diesel locomotive p...
- Global Railways parts makers eye India expansionGlobal railway equipment makers are looking to invest in India. The country is set to become an export hub for railway components. India pl...
- Texmaco, RVNL form JV to boost rail modernisation, exportsTexmaco Rail and RVNL are partnering to modernize Indian Railways. The joint venture aims to manufacture rolling stock and undertake EPC pr...
- Locomotives being exported to Guinea will have refrigerators, microwaves for loco pilotsIndia is set to export 150 indigenously-built locomotives to the Republic of Guinea over the next three years, equipped with amenities like...
- India to export 150 Bihar-built locomotives to Guinea under ₹3,000 crore dealUnder the "Make in India" initiative, the Marhowrah Diesel Locomotive Factory in Bihar is set to export 150 Evolution Series ES43ACmi locom...
- Railways to retain 2,500 diesel engines amid green transitionIndian Railways will keep 2,500 diesel engines for emergencies and strategic use while aiming for full track electrification. The plan incl...
- Wabtec gets Rs 1,300 crore brake systems order from SiemensWabtec said it will be supplying Siemens with brake systems from Wabtec’s Hosur plant for 11 years and with maintenance services for 35 yea...
- COVID-19 has accelerated technology obsolesce: Wabtec Transit President“I do not think global supply chain has stabilized. There was COVID well before the geopolitical tensions, but we are living in a world tha...
- Global companies keen to develop Railways' Gujarat loco facilityThe trains are to be supplied over an 11-year period from 2023-24 to 2033-34 at the existing rolling stock workshop in Dahod. The workshop ...
- U.S. ship logjam stretching far into pacific is longer than everThe average wait for ships was 20.8 days as of Friday, almost a week longer than a month ago, according to the L.A.’s Wabtec Port Optimizer.
- Ships keep coming, pushing U.S. port logjam and waits to recordsStrained supply chains have become an economic drag on the world’s largest economy and a political risk for President Joe Biden.
- Pitti Engineering to ride on perk up demand in data centres, Indian Railway and Power sector under Atmanirbhar Bharat
- Rail wagon makers buck the trend, seek higher GSTAmid the clamour for slashing GST rates, rail manufacturers are seeking the opposite—an increase.
- Texmaco Rail Q3 net jumps to Rs 18.8 croreThe consolidated order book position of Texmaco Rail and Engineering with its subsidiaries stood at Rs 6,200 crore.
- Texmaco-Wabtec JV starts production of value-added products for railwaysThe JV entity will help bring the latest generation of safety & control equipment and systems for Indian Railways.
- Texmaco-Wabtec JV to produce value-added products for railwaysWhile Wabtec would hold 60 per cent in the JV, Texmaco would control the remaining 40 per cent in Wabtec Texmaco Rail Private Ltd.
- Wabtec pays penalties for India subsidiary bribesWabtec Corp will pay $677,000 in federal regulatory penalties related to bribes that a subsidiary paid to government regulators in India, t...
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