Despite fashion industry's pledges to cut greenhouse gas emissions, a new report reveals slow progress in major textile-producing countries...

The Delhi High Court has issued an injunction against the infringement of Volvo's trademark by two transportation companies. The court orde...

Europe's auto slump is crippling small manufacturers in the automotive supply chain. Gerhardi Kunststofftechnik GmbH, a long-time Mercedes ...

Astrazeneca Vaccine: AstraZeneca has announced the worldwide withdrawal of its COVID-19 vaccine, Vaxzevria, citing a surplus of updated vac...

The company, with 80% of revenues generated from India and 20% from the United States, has raised $5.2 million in total so far.

“60-70% of companies are either increasing the hires for digital functions or top grading talent, with the increase in their digital footpr...

It further said these castings will be produced by Brakes India, utilising scrap, alloys, and raw materials that are 100 per cent radioacti...

SKF Group reported a turnover of Rs 69,811 crore in 2021. India currently accounts for about 5% of global revenues. Separately, Gustafon sa...

Sweden's dilemma encapsulates one the challenges facing nations meeting in Glasgow for the U.N. COP26 climate talks: how to show they are n...

While the tagline — Aatmanirbharta — is new, the Centre has been quietly following the idea inherent in it since the first Modi government ...

“We had to sadly turn down orders because we were running at full capacity. We need to invest fairly quickly in capacity (expansion),” SKF ...

The 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...

As India's demand for electricity, consumer goods and food increases, it will mirror a similar situation forcing businesses to rethink wate...

Companies to have confirmed massive job cuts include HP, Nokia, Sony Corp, Yahoo, PepsiCo, Royal Bank of Scotland and airline firm Lufthans...

The company, which has a good presence in India, has already cut 3,700 jobs since the third quarter of 2008.

Swedish 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 India, part of the AB SKF Group, is emerging as an important manufacturing centre for the parent company.