"On the agricultural side, the government is working on agricultural machinery, equipment, irrigation infrastructure or water facilities. So there is a positive sentiment for overall sector", Akhilesh Maru, CFO of Shakti Pumps told CNBC-TV18.
Caterpillar showcased their Cat 773E and 777E Off-Highway trucks to customers in International Mining & Machinery Exhibition (IMME) held in city.
The order also mandates that only those companies will be eligible for the interest subsidy who are involved in complete manufacturing of products in the country over those who only assemble their products.
Merger of equipment finance will be keenly watched due to stress in that book .
A digital platform for enabling farmers to sell their produce at a better rate anywhere in the country will be launched on April 14, Prime Minister Narendra Modi announced here today as he resolved to ensure doubling of the farmers' income by 2022.
In an interview to CNBC-TV18, Umesh Chavan, CEO & ED of Autoline Industries spoke about the diversification plans through which they will be getting into hospital equipment space, Indian railways and defence.
Over the past six months, BHEL stock has risen about 33 percent, compared to an 18 percent gain for the Sensex while the stock has jumped over 80 percent of the past year, compared to a 30 percent rise for the benchmark.
From a market segment perspective, the quarterly revenue growth was positive across all segments, while the yearly revenue growth was just the opposite.
Capital equipment manufacturers have reached a critical 'tipping point' where service levels and innovation will dominate revenues and be the key competitive differentiator, according to Infor.
Vipin Sondhi, managing director and CEO, JCB India, talks about the company‘s and the future ahead in the current business scenario.
The Supreme Court today stayed a Bombay High Court judgement which had asked Vedanta Aluminium to deposit Rs 187 crore with the court as security for compensation to a Chinese power equipment firm against stoppage of work at its Lanjigarh alumina refinery in Odisha.
P Dwarakanath, CMD, BEML, says that BEML is facing some problems in the mining sector, where the company has stake of around 50-52 percent.
Ravi Uppal, President, L& T Power, says that a 10% differential duty would have been more appropriate step taken by the cabinet.
US companies are poised to sign defence deals totaling USD 8 billion with India, the US Ambassador Nancy Powell said on Friday. She did not specify a timeframe when the deals would be signed
Diamond Power Infrastructure plans to spend Rs 753 crore to expand its current manufacturing plant to produce conductors and medium voltage cables at Vadodra.
KEC International's consolidated net profit for the third quarter rose 40% year-on-year to Rs 81 crore, helped by one time gain from sale of a land in Navi Mumbai. However, margin pressure remained during the quarter and that hurt EBITDA (earnings before interest, taxes, depreciation and amortization).
India's new telecom policy will focus on building access in rural areas and promoting the domestic production of equipment, Telecoms Minister Kapil Sibal said on Monday.
India's new telecoms policy will focus on building access in rural areas and promoting the domestic production of equipment, Telecoms Minister Kapil Sibal said on Monday.
Upadhyay said that BSNL has missed the mobile revolution from 2007-2011 as it did not procure any GSM equipment during this period. Hence the company is bleeding and unable to match pace with the fast growing industry
Girls' education in Afghanistan, one of the biggest gains for women since the 2001 overthrow of the Taliban, is at risk because of insecurity, lack of funds and equipment and poor teacher-training, aid groups said on Thursday.