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 ...

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...

India to play key role in ABB Group's business: CEO Ulrich Spiesshofer

Chennai: Mr Ulrich Spiesshofer, Chief Executive Officer of Switzerland based ABB Group, has outlined the company's plan to increase its headcount in India to 10,000 and make th...