India's engineering exports likely to cross US$ 60 billion

Chennai: India's engineering exports are expected to cross US$ 60 billion in the financial year 2016-17, compared to US$ 49 billion in 2015-16, supported by revival of demand i...

Warburg negotiates to buy up to 40 per cent stake for Rs 2,300 crore of Tata Tech

Mumbai: Warburg Pincus is in advance talks with Tata Technologies to acquire up to 40 per cent minority stake for about Rs 2,300 crore (US$ 344 million).

L&T, European co MBDA tie up for missiles

New Delhi: Larsen & Toubro (L&T) and European defence manufacturer Matra BAe Dynamics Alenia (MBDA) have formed a joint venture (JV) to develop and produce new-generation t...

Indian engineering exports to move towards positive direction: Study

Kolkata: Engineering exports from India increased 4.7 per cent year-on-year to US$ 4.87 billion in August 2016, and are expected to maintain positive direction going forward based ...

Texmaco enters agreement with Russian agency

Kolkata: India's Texmaco Rail & Engineering has signed a memorandum of understanding (MoU) with Russia's ROSOBORONEXPORT (ROE), a part of the Russian Technologies State...

Engineering is most impactful field of research in India: report

New Delhi: India’s most impactful field in terms of research output is in the engineering sector whereas the country's share of the world’s patent citations increas...

Rolta wins multi-year multi-million Pound GIS Contract from UK Power Networks

Pune: Rolta, an Information Technology (IT), engineering and geospatial services provider, has been awarded a seven-year, multi-million pound contract by a UK based major utility c...

Sri Lanka, Nepal and Bangladesh emerge as major destinations for India's engineering exports

Kolkata: Sri Lanka, Nepal and Bangladesh have emerged as the major destinations for India's engineering exports during April 2015 to February 2016, as per Engineering Export Pr...