Nov 13, 2015 at 09:28 | Source: PTI
This project includes the set-up of a plant at Madhepura (Bihar) and two maintenance depots at Saharanpur (Uttar Pradesh) and Nagpur (Maharashtra). It further said that the delivery of the locomotives will spread between 2018 and 2028.
Nov 10, 2015 at 13:07 | Source: Moneycontrol.com
Alstom T & D India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 10, 2015, has constituted a Committee of Independent Directors (IDC) for providing reasoned recommendations on the open offer to the Shareholders of the Company made by GE Energy Europe B.V.
Nov 10, 2015 at 11:49 | Source: Reuters
The contract is one of the largest awarded to a foreign firm since India last year opened up limited parts of its state-owned railways to 100 percent foreign direct investment, and comes as the government tries to modernise its vast but outdated rail network.
Nov 09, 2015 at 22:19 | Source: PTI
Dubbed as the first big ticket project under 'Make in India' initiative in the public transporter, GE and Alstom were issued the letters of award for the high value contract acceptance letters, according to a senior Railway Ministryofficial.
Nov 09, 2015 at 17:42 | Source: PTI
The company's net profit was Rs 55.29 crore in the quarter ended on September 30, 2015 compared to net profit of Rs 86.25 crore in the same period last year, said Alstom India Ltd filing to BSE on Monday.
Nov 09, 2015 at 14:42 | Source: Moneycontrol.com
ALSTOM India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 09, 2015, has constituted a Committee of Independent Directors to provide reasoned recommendation on the open offer to the Shareholders of the Company made by GE Energy Europe B.V. and persons acting in concert with the Acquirer.
Nov 05, 2015 at 08:12 | Source: PTI
Under the offer, 91.5 million shares, amounting to 29.5 percent of capital, will be repurchased at 35 euros apiece and then cancelled under a strategy to refocus the company, it said in a statement.
Nov 02, 2015 at 21:16 | Source: Reuters
GE said the final purchase price was 9.7 billion euros, adjusted for proceeds Alstom is reinvestingUSD in joint ventures with GE, changes in the deal structure, price adjustments for remedies, net cash, and currency effects.
Oct 30, 2015 at 09:51 | Source: CNBC-TV18
SP Tulsian of sptulsian.com is bullish on Alstom T&D and expects 15 percent return in next three months with a target of Rs 600.
Oct 30, 2015 at 09:19 | Source: CNBC-TV18
Stocks that are likely to be in focus due to the Q2 earnings results are: Dr Reddys Laboratories, Crompton Greaves, Grasim Industries, Emami,Hindustan Construction Company, Alstom T&D India, Glenmark Pharma, Nestle India, Mangalore Refinery and Petrochemicals, Thomas Cook (India), Polaris Consulting & Services, UCOBank, Unitech.