ABB lowers sales target, eyes $1 bn in savings

Last Updated: Wednesday, September 9, 2015, 16:26

Swiss-Swedish engineering giant ABB on Wednesday revised down its sales growth target for the next five years and unveiled a cost-cutting programme to rake in $1.0 billion in savings.

ABB India to raise Rs 600 cr through NCDs

Last Updated: Thursday, July 2, 2015, 18:52

ABB India's board has given its approval to raise Rs 600 crore through non-convertible debentures (NCDs) on private placement basis.

ABB, Hitachi to tie up for HVDC power grid in Japan

Last Updated: Tuesday, December 16, 2014, 15:16

ABB and Hitachi on Tuesday announced an agreement to form a joint venture for high voltage direct current system solutions in Japan.

ABB, Hitachi to tie up for HVDC power grid in Japan

Last Updated: Tuesday, December 16, 2014, 15:16

ABB and Hitachi on Tuesday announced an agreement to form a joint venture for high voltage direct current system solutions in Japan.

ABB to acquire Power-One for over $1 billion

Last Updated: Monday, April 22, 2013, 20:19

The transaction would position ABB as a leading global supplier of solar photo-voltaic inverters to a market forecast to grow by more than 10 percent per year until 2021, the statement said.

ABB sees orders growing, some project delays

Last Updated: Wednesday, November 23, 2011, 18:58

ABB India's unit sees continued growth in order inflows despite early-stage projects getting a little delayed, a top executive of the company said on Wednesday.