BHEL commissions 500 MW power unit in Maharashtra

Last Updated: Thursday, April 30, 2015, 14:24

"Significantly, BHEL has been a partner in the power development programme of the state of Maharashtra and has contributed more than 15,000 MW of generating capacity to Maharashtra, the highest in any single state," it said.

Nokia's telecom network profit drops in first quarter

Last Updated: Thursday, April 30, 2015, 13:07

Overall revenue held up well to come in slightly ahead of forecasts, but Nokia said profits dropped due to lower software sales, higher research and development costs and challenging conditions in Europe and Latin America.

Crompton Greaves inks pact with Paraguay's ANDE

Last Updated: Thursday, April 30, 2015, 12:09

"Avantha Group company CG has signed a contract with...(ANDE), national power utility of Paraguay for the design, manufacturing, testing and supply of switchgear equipment," Crompton Greaves said in a BSE filing.

China state-owned company unit defaults on bond

Last Updated: Wednesday, April 22, 2015, 11:05

A Chinese power equipment maker has become the first state-owned firm to default on a bond payment in modern China, state media said Wednesday, as the government takes a more hands-off approach.

Nokia to buy Alcatel-Lucent in all-share deal

Last Updated: Wednesday, April 15, 2015, 11:26

The deal will be finalised in the first half of 2016, the companies said.

Nokia in talks to buy Alcatel-Lucent; France backs deal

Last Updated: Tuesday, April 14, 2015, 13:39

Nokia Oyj is in talks to buy smaller telecom equipment maker Alcatel-Lucent, a deal combining the industry`s two weakest players that is backed by the French government but could pose challenges in cutting costs.

Escorts, Amul Group form JV to make speciality tractors

Last Updated: Monday, April 13, 2015, 20:23

Amul Group will be the majority stake holder with 60 percent and the rest will be held by Escorts in the joint venture firm.

Mahindra tractor sales decline 31% in March

Last Updated: Wednesday, April 1, 2015, 17:25

Mahindra & Mahindra's Farm equipment sector on Wednesday reported a 31 percent decline in total tractor sales in March at 12,254 units.

Telecom equipment imports at Rs 74,000 crore in FY'14

Last Updated: Sunday, March 8, 2015, 11:06

India's telecom equipment imports, which include mobile handsets, grew by over 20 percent to Rs 74,116 crore last fiscal.

Jyoti Ltd approaches Sebi to probe stake purchase by FIIs

Last Updated: Tuesday, February 24, 2015, 15:01

Electrical and hydraulic equipment maker Jyoti Ltd has requested capital market watchdog SEBI to initiate probe into two Mauritius-based FIIs acquiring 9.69 percent shares in the company.

India is a strategic market for Nokia: Rajeev Suri

Last Updated: Tuesday, February 10, 2015, 17:39

India, which accounts for the largest employee base for Nokia, is a "strategic" market for the telecom equipment maker, its India-born President and CEO Rajeev Suri said on Tuesday.

Piramal's pharma solution arm to invest $40m in new technology

Last Updated: Tuesday, January 13, 2015, 17:10

Piramal Enterprises' Pharma Solution division, a global leader in contract development and manufacturing today said it plans to invest USD 40 million in new equipment and next generation technologies.