News & Updates
Press Trust of India : Mumbai
February 13, 2016
Prime Minister Narendra Modi and his Swedish counterpart Stefan Lofven jointly inaugurated the Sweden Country Pavilion at the Make in India Week here today and Stockholm said its companies are looking to increase their investments in Asia's third-largest economy. Lofven is accompanied by a high-level delegation consisting of government officials, heads of agencies . . . Read More
Elgi Equipments has reported a consolidated total income from operations of Rs 350.97 crore and a net profit of Rs 13.69 crore for the quarter ended Dec '15. For the quarter ended Dec 2014 the consolidated total income from operations was Rs 320.89 crore and net profit was Rs 16.30 crore. Elgi Equipments shares closed at 124.50 on February 04, 2016 (NSE) and has given . . . Read More
Friday, January 22, 2016
Stockholm, Sweden, January 22, 2016 /3BL Media/ - Atlas Copco, a leading provider of sustainable productivity solutions, today was again recognized as the world’s most sustainable machinery company by the prestigious annual Global 100 list.
The list, presented at the World Economic Forum in Davos, Switzerland, ranks companies that prove . . . Read More
Company acquires Ergo Design Private Limited, an independent industrial design studio
BS Reporter : Chennai
December 15, 2015
Elgi Equipments Limited is planning to restructure its China operations and to acquire Coimbatore-based Ergo Design Private Limited, an independent industrial design studio. The company has got nod from the Board for both the decisions. . . Read More
Pune, India, December 1, 2015
Atlas Copco India organised a supplier meet at Pune, for its suppliers for the Dapodi and Chakan plants. The main objective was to share the vision for the future on a common strategic platform, with suppliers as key business partners.
Over 250 business partners were present at the scintillating event that saw animated discussions on subjects as wide-ranging as opportunities for growth, new avenues vis-à-vis the ‘Make in India’ initiative, and challenges to overcome in coming days. Atlas Copco acknowledged the contribution of suppliers to its success, and also awarded best performers from among the . . . Read More
Chennai : September 22, 2015
Ingersoll-Rand (India) Ltd has decided to offer voluntary separation scheme (VSS) to workers involved in the manufacturing of environment solutions products at its Chennai plant, the company said. The company also plans to negotiate with the workers on termination of their service following its decision to discontinue manufacturing environment solutions . . . Read More
Coimbatore, September 1, 2015
Coimbatore has had some radical investments and innovative businesses – huge ventures – that fostered the city many years ago. Be it getting into textile machinery or setting up a viscose plant, these ventures manufactured quality products and generated jobs.
However, over the years, entrepreneurship became repetitive and there was no innovation. . . . Read More