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Essar Projects secures US$ 80 mn contract in Abu Dhabi May 24, 2013Essar Projects secures US$ 80 mn contract in Abu Dhabi

Essar Projects (EPL), a Global Engineering, Procurement, Construction (EPC) contractor has bagged three new orders in all worth USD 80 million (' 445.76 crore roughly) in Abu Dhabi underpinning its presence in the Middle East market. Takreer has awar... >> more

Sanghvi Forging receives order May 8, 2013Sanghvi Forging receives order

Sanghvi Forging & Engineering has bagged an order worth Rs 5 crore from both, domestic and international markets.A major share of the orders has been secured from the Power and Oil & Gas sector, out of which 25% comprises the international... >> more

Bosch Rexroth invests Rs 280 cr in Sanand facility Apr 26, 2013Bosch Rexroth invests Rs 280 cr in Sanand facility

German major Bosch Rexroth, which has put a new plant into operation in Sanand near here, replacing the previously rented facilities, is investing around Rs 280 crore in the expansion of its presence in the region, a senior official said on Thursd... >> more

Ceratizit to invest Rs 100 cr in West Bengal Apr 25, 2013Ceratizit to invest Rs 100 cr in West Bengal

Luxembourg-based Ceratizit Group will invest Rs 100 crore to expand its facility in West Bengal. “As our experience in West Bengal is good, we have decided to expand here and invest Rs 100 crore in the factory,” Ashwin Sareen, Managing Director, C... >> more

BHEL to develop hybrid system for renewable energy Apr 17, 2013BHEL to develop hybrid system for renewable energy

Bharat Heavy Electricals Limited (BHEL)'s corporate R&D division is planning to step up its ongoing efforts in the renewable energy sector, including development of a hybrid system that integrates wind, solar and biomass-based power generation. "... >> more

Mcnally Bharat secures orders Apr 2, 2013Mcnally Bharat secures orders

McNally Bharat Engineering Company has secured three orders worth Rs 82.27 crore in various business segments. McNally Bharat has received an order for construction of various buildings & allied infrastructure at a Medical College for Women at... >> more

L&T acquires Audco India Apr 1, 2013L&T acquires Audco India

L&T has acquired its group company Audco India (AlL), manufacturer of industrial valves.L&T has completed the ownership transactions related to its Group Company- Audco India Limited (AlL). L&T obtains full ownership of AlL and acquire... >> more

WPIL acquires Modi Industries Mar 29, 2013WPIL acquires Modi Industries

WPIL acquired stake in Modi Industries, a pump manufacturing and marketing company operating in Thane, Maharashtra, thereby making it its wholly owned subsidiary. WPIL acquired 100 per cent stake in Modi Industries. The acquisition will allow WPIL to... >> more

Sadbhav Engineering JV bags contract Mar 20, 2013Sadbhav Engineering JV bags contract

The JV led by Sadbhav Engineering – Sadbhav Engineering — Vaishnoyj Constructions Joint Venture – bags contract. The JV company has bagged a contract worth Rs 245.61 crore from the Executive Engineer, Narmada Development Halon Division, Bichhiya D... >> more

Engineering exports may dip by 6% in FY'13 to USD 56 billion Mar 18, 2013Engineering exports may dip by 6% in FY'13 to USD 56 billion

India's engineering exports, which are hit hard by the global demand slowdown, is expected to decline by over 6 per cent and may touch USD 56 billion by the end of the current fiscal. The industry has fixed an export target of USD 60 billion for 2... >> more

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