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...

Larsen wins power projects orders in Oman, UAE

New Delhi: Larsen and Toubro Ltd (L&T) has been awarded with projects worth Rs 2,170 crore (US$ 325.14 million), which includes an order worth Rs 1,169 crore (US$ 175.15 millio...

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...

Reliance Defence signs warship repair pact with US Navy

New Delhi: Reliance Defence and Engineering Ltd has entered into an agreement with the American Navy for the repair and alteration services for warships of the US Navy's Sevent...

India Signs Financing Agreement with World Bank for US$ 201.50 Million for "Third Technical Education Quality Improvement Programme (TEQIP III)"

New Delhi: The Government of India and the World bank have signed a US$ 201.50 million IDA credit agreement for the Third Technical Education Quality Improvement Programme (TEQIP I...

Engineers India, Gazprom to prepare India-Russia gas pipeline blueprint

New Delhi: Engineers India Ltd and Gazprom PJSC, the respective domestic companies of India and Russia in the engineering and oil and gas sectors, will prepare a blueprint for layi...

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 ...