Alstom to hire up to 1,000 engineers in India in 3-4 years

Last Updated: Sunday, June 14, 2015, 11:55

French engineering major Alstom plans to hire 200-250 engineers annually in India over the next 3-4 years as it looks to double business to 800 million euro (about Rs 5,700 crore) in the country.

Vedanta unveils Young Achievers' Scholarship Programme

Last Updated: Friday, June 5, 2015, 13:42

Students opting for Graduate courses in Medical or Engineering will be awarded an amount of Rs 30,000/- per year for 5 and 4 years respectively. Similarly, students opting for Bachelor's Degree in Science will be awarded Rs 20,000/- per year for three years.

UK firm backs India's renewable energy mission

Last Updated: Monday, June 1, 2015, 18:55

A 3.5 billion pound market capitalised company which designs, delivers and maintains strategic and complex assets for energy customers around the world, Amec Foster Wheeler has close to 1,000 personnel located in India.

Sadbhav Engineering-led JV bags Rs 454 cr road project in Punjab

Last Updated: Monday, June 1, 2015, 14:55

"Company will lead the joint venture with 51 percent participation share," it said.

L&T bags orders worth Rs 1,099 cr in May

Last Updated: Monday, June 1, 2015, 12:24

The company's power transmission and distribution business bagged orders worth Rs 517 crore in both international and domestic markets, including add ons, L&T said in a filing to the BSE.

Punj Lloyd posts profit of Rs 268.53 cr

Last Updated: Friday, May 22, 2015, 18:17

Its total income for the year dipped to Rs 7,252.35 crore during the year from Rs 11,123.32 crore in 2013-14.

Gammon India Jan-Mar quarter net loss at Rs 74 crore

Last Updated: Friday, May 15, 2015, 20:19

Shares of the company closed at Rs 19.90 apiece on BSE, up 0.51% from previous close.

Reliance Infrastructure-Pipavav Defence deal clears CCI test

Last Updated: Thursday, May 7, 2015, 17:39

Anti-trust watchdog CCI has approved Reliance Infrastructure's proposed acquisition of controlling stake in Pipavav Defence and Offshore Engineering in a Rs 2,000-crore deal.

Siemens says to cut 4,500 jobs worldwide

Last Updated: Thursday, May 7, 2015, 11:11

Some 2,200 of the latest job cuts will be in Germany, said the Munich-based firm that employs more than 300,000 people in all.

L&T Finance profit inches up 10% to Rs 206 cr

Last Updated: Thursday, April 23, 2015, 21:24

For the full fiscal, the financial services of the engineering major L&T reported a 23 per cent growth in consolidated profit at Rs 736 crore.

Rolls-Royce to strengthen engineering capability in India

Last Updated: Wednesday, April 1, 2015, 20:31

Rolls-Royce on Wednesday said it would enhance its engineering capability in India with plans for a facility here that will employ 500 people by the end of 2017.

Toshiba, United Technologies to set up engg centres in India

Last Updated: Sunday, March 29, 2015, 17:07

"This cooperation is the first to result from the companies' recent agreement to further strengthen their strategic collaboration through their joint venture Toshiba Carrier Corporation (TCC)," Toshiba said in a statement.