Engineering
Thyssenkrupp sells elevator unit to Advent-led consortium for $18.7bn
02 Mar 2020
Thyssenkrupp plans to reinvest part of the purchase price, or about €1.25 billion, to acquire a minor stake in the elevator business
Kone offers $19 billion for Thyssenkrupp's elevator business
29 Jan 2020
Kone, however, said its discussions with ThyssenKrupp have been non-exclusive, and there is no certainty that the discussions will lead to any agreement or transaction
Alstom starts manufacture of train sets for Mumbai Metro
11 Dec 2019
A total of 31 metro train sets comprising of 248 cars will be manufactured at the company’s state-of-the-art plant at SriCity, in Andhra Pradesh
Govt sets up agency to modernise, promote bicycle industry
18 Nov 2019
The government is looking to boost bicycle demand, inter-alia, by ensuring enabling safe and segregated cycling infrastructure and enhancing export competitiveness of bicycles through support of schemes and favourable trade policies
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