Thyssenkrupp completes $20.4 billion sale of elevator business

03 Aug 2020

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

Rolls-Royce reports $1.1 bn operating loss, hit by Trent 1000 problems

28 Feb 2020

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

Ministry of heavy industries sets up 3 technology development centres

27 Dec 2019

Integral Coach Factory rolls out 3,000 coaches in record 215 days

23 Dec 2019

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

CCI approves Mitsubishi’s acquisition of Primetals Technologies

29 Nov 2019

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

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