News & Updates

News & Updates

Hitachi to buy Accudyne Industries' SULLAIR business

By Harveer Chawla : 26 April 2017

Japanese multinational company Hitachi Ltd on 25th April, 2017 struck a deal to buy the air compressor business of Sullair by Accudyne Industries for $1.245 billion.

Sullair is a major manufacturer of portable and stationary rotary screw air . . . Read More

Mumbai Railway Ministry has ordered 2,000 new coaches with less noisy compressor motors

24 April 2017

Your daily train commute on the Mumbai suburban railway is as noisy as an alarm clock ringing constantly, according to a study. While the study revealed that the Western Railway is the noisiest at 119.1 dB . . . Read More

Atlas Copco opens its new manufacturing unit in Hyderabad, India

By Harveer Chawla : 20 April 2017

Atlas Copco has opened its new manufacturing unit at Cherlapally in Hyderabad.

Atlas Copco has invested Rs. 80 crore in doubling the capacity of the existing plant located in Cherlapally industrial area, Hyderabad . . . Read More

ELGi Equipments: Intimation about the date of Board Meeting

19 April 2017

This is to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, 9th Day of May, 2017, at Coimbatore . . . Read More

Vallum Capital Advisors advises looking at capital goods sector like the compressor companies

By Harveer Chawla : 11 April 2017

The big question retail investors are faced with is where to find value when the Sensex and Nifty are at 30,000 and 9,200 levels respectively. Madhusudan Sarda, Executive Director . . . Read More

Atlas Copco has agreed to acquire another Air Compressor Manufacturer

7 April 2017

Atlas Copco, a leading provider of sustainable productivity solutions, has agreed to . . . Read More

Axis Direct recommends HOLD rating on Elgi Equipments with a target price of Rs 230

25 March 2017

Research report on Elgi Equipments by Axis Direct

With best-in-class product suite (both in terms of width and quality), Elgi Equipments Ltd has drawn up a plan in conjunction with Boston Consulting Group (BCG) to revitalize . . . Read More

Atlas Copco Manufactures First Portable Compressor at New Rock Hill Plant

By Harveer Chawla : 20 March 2017

Atlas Copco has manufactured its first piece of equipment, an XAS 185 portable air compressor, at its new production unit in Rock Hill, S.C. In Jan. 2016 construction on the new facility began, and includes . . . Read More

Sullair Opens Virtual Reality and Hands-On Training Centre

5 March 2017

Air Compressor manufacturer Sullair, has opened a new, state-of-the-art training centre in Michigan City. “We believe this new training facility will help us better support our worldwide distributor network and end users,” said Taylor Patz, training manager at Sullair. . . . Read More

Fayat buys Atlas Copco Dynapac Division

4 March 2017

Fayat has agreed to buy the Road Construction Equipment Division of Atlas Copco, which manufactures rollers for asphalt and soil applications, pavers and planers. These products are known . . . Read More

Ingersoll Rand completes school repair and sanitation program in Tamil Nadu

14 February 2017

The school had suffered extensive damage during the December 2016 flood. Chennai Corporation Primary School on Perumal Koil Street in Taramani now has new toilets. Ingersoll Rand, through its CSR . . . Read More

Ingersoll Rand participates in Vibrant Gujarat 2017

21 January 2017

The Vibrant Gujarat Global Summit, which started in 2003 to rekindle the pace of investments in the state, has since established itself as one of the most important international business events in the country.

Ingersoll Rand participated in the Inauguration of Vibrant Gujarat Global . . . Read More

Deep Industries Limited Awarded Rental Contract

20 January 2017

Deep Industries Ltd has informed BSE that the Company has received Letter of Award from Cairn India Limited for Contract for provision of services of . . . Read More

ELGi Equipments Board Meeting Intimation for Results & Closure of Trading Window

19 January 2017

Elgi Equipments Ltd has informed BSE that a meeting of the Board of Directors of the Company is scheduled to be held on February 10, 2017, inter alia, to consider and approve the Financial Results . . . Read More

Atlas Copco announces split as chief resigns, appoints new CEO

Harveer Chawla : 17 January 2017

Atlas Copco is to split itself in two and appoint a new CEO as Sweden’s largest industrial conglomerate tries to boost shareholder value, it plans to split the group in two listed companies in 2018 and distribute the equity in the new company to shareholders . . . Read More

Ingersoll Rand (India) introduces revolutionary 'Global Test Cell' for Centrifugal Compressors

22 December 2016

Ingersoll Rand, a global leader in compression technologies and services, has introduced a state-of-the-art ‘Global Test Cell’ for centrifugal compressors for its customers. Every centrifugal compressor, whether new or in service needs to be tested to verify . . . Read More

Ingersoll Rand (India) Job Opening - Senior Electrical Engineer, Bangalore

01 December 2016

Job Summary:

Job Description - Senior Electrical Engineer

He/She will be responsible for the design and development of Electrical systems for HVAC, compressor products. This person should have minimum of 4-6 years’ experience in electrical design engineering . . . Read More

Ingersoll Rand (India) appoints new Chairman

29 November 2016

At the meeting of the Board of Directors of Ingersoll-Rand (India) Ltd held in November 2016, the Board has appointed Mr. Amar Kaul as the Chairman of the Board effective immediately. He replaces Mr. Roman Steinhoff who resigned from the . . . Read More

Strong Q2 result lifts up Elgi Equipments

17 November 2016

Elgi Equipments surged 5.64% to Rs 177 on BSE after consolidated net profit jumped 235.67% to Rs 18.05 crore on 1.42% rise in sales to Rs 341.60 crore in Q2 September 2016 over Q2 September 2015. The result was announced after market hours on 15th November 2016 . . . Read More

Shri Piyush Goyal's recent visit to Atlas Copco, Sweden

14 November 2016

Atlas Copco – a world-leading provider of sustainable productivity solutions – welcomed Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Government of India to its mine in Sweden . . . Read More


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