Engineering
Thyssenkrupp sells elevator unit to Advent-led consortium for $18.7bn
02 Mar 2020
Thyssenkrupp plans to reinvest part of the purchase price, or about €1.25 billion, to acquire a minor stake in the elevator business
Kone offers $19 billion for Thyssenkrupp's elevator business
29 Jan 2020
Kone, however, said its discussions with ThyssenKrupp have been non-exclusive, and there is no certainty that the discussions will lead to any agreement or transaction
Alstom starts manufacture of train sets for Mumbai Metro
11 Dec 2019
A total of 31 metro train sets comprising of 248 cars will be manufactured at the company’s state-of-the-art plant at SriCity, in Andhra Pradesh
Govt sets up agency to modernise, promote bicycle industry
18 Nov 2019
The government is looking to boost bicycle demand, inter-alia, by ensuring enabling safe and segregated cycling infrastructure and enhancing export competitiveness of bicycles through support of schemes and favourable trade policies
Temasek arm bids $3 billion for 30.55% of Keppel Corp
21 Oct 2019
Temasek directly owns 20.45 per cent in Keppel, and if successful, the partial offer will result in Temasek owning an aggregate 51 per cent in the struggling rig-maker