Capital goods, infra order book doubles in December quarter

Mumbai: There has been significant improvement in the order inflow trend for capital goods and infrastructure companies with the order value having more than doubled on a year-on-y...

Danfoss India eyes up to 50% localisation by 2020

Chennai: With an aim to increase its presence in India, Denmark-based heating ventilation and air-conditioning (HVAC) giant, Danfoss, is planning to take its manufacturing localisa...

Force Motors ties up with Rolls-Royce Power Systems to form Indian JV

New Delhi: Force Motors Ltd has entered into a joint venture (JV) with Rolls Royce Power Systems AG to form an Indian company which will manufacture engines for power generation an...

India's engineering exports to China rise 123% in June qtr

New Delhi: The exports of engineering goods from India to China rose 123 per cent year-on-year to reach US$ 629 million between April-June 2017, backed by an increase in shipments ...

L&T Q4 profit rises 29.5% to Rs 3,025 crore

Mumbai: Engineering and construction conglomerate Larsen & Toubro's (L&T) net profit rose 28 per cent year-on-year to Rs 3,025 crore (US$ 468.6 million) during January-...

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).