One pact is with Lloyd's Register for development of a hydrogen fuel cell ferry, and the other with Caterpillar Inc for a potential collaboration in the production, sale and service of medium speed engines particularly for Indian Navy and Indian Coast Guard.
Caterpillar Inc said it will invest USD 210 million in India as the heavy machinery giant looks to capitalize on an expected spurt in road construction and infrastructure development activities in one of its important markets.
Spend a little time with the average US chief executive and you'll see someone who seems pretty confident -- who spends the day making decisions and giving orders, and not a lot of time second-guessing himself.
Heavy machinery maker Caterpillar Inc disappointed Wall Street with a second-quarter earnings miss on Friday, hurt by higher costs, and its shares fell 5.5%, dragging down the US stock market.