Engineering
Toshiba sells 4.6% stake in Finnish elevator maker Kone Oyj for $946 mn amid accounting scandal
22 Jul 2015
Alstom to hire up to 1,000 engineers in India in 3-4 years
15 Jun 2015
Alstom says it is looking at increasing the skilled workforce in India to strengthen manufacturing and R&D capabilities, as a part of its ‘Make In India’ initiative
L&T to raise $1-1.5 bn through sale of stake in non-core business; focus on smart cities
12 Jun 2015
Diversified engineering giant L&T is raising resources to invest in three key segments - smart cities, smart communication systems and security solutions
BHEL wins Rs17,950-cr thermal plant order in Telangana
02 Jun 2015
State-run BHEL has been awarded the single-largest order in its history, for setting up a 4,000 MW super-critical thermal power project in Telangana
MHI to split machine tools business in October
26 May 2015
Siemens to cut another 4,500 jobs worldwide
07 May 2015
The latest round of job cuts takes the total announced since December to 13,100 — or about 4 per cent of the global workforce