Hitachi

Led by MB Patil, Minister for Large and Medium Industries and Infrastructure Development, Karnataka’s delegation engaged leading Japanese firms to attract investments, showcasing the state as India’s premier destination for advanced manufacturing and innovation.

Summer surge: Blue Star, Voltas, other AC stocks rise up to 7% on higher sales hope after IMD's heatwave warning

The meteorological department had on February 28 said that the maximum and minimum temperatures are likely to remain above the normal benchmarks during March, except for certain parts, including northwest India and peninsular India.

Hitachi Energy India receives Rs 790-crore order, stock up 4%

Through this deal, the firm will execute project Marinus Link, which will create voltage source converter (VSC) high voltage direct current (HVDC) links between Tasmania and Victoria for supply of certain equipment.

TN CM inaugurates Hitachi Energy's global tech and innovation centre

Hitachi Energy, which launched its power generation unit in February this year, has set up its largest technology and innovation centre in Chennai.

Hitachi Payments to acquire Writer Corporation's cash management business for undisclosed sum

Writer’s cash management business is over two decades old and has a workforce of 10,000 people at 1,500 locations in 25 states, who service 40,000 touchpoints, including automated teller machines (ATMs).

Woman loses leg after it gets trapped in moving walkway at Bangkok airport

A woman lost part of her leg after it became trapped in a moving walkway at a Bangkok airport on Thursday.

Nissan and Hitachi look to charge elevators with EV batteries

Few cars today are capable of bi-directional charging, where vehicles can become a power source for homes, or feed energy back into the grid, though carmakers such as Ford Motor Co and Renault SA are among those jumping on the bandwagon.

Davos 2023 | Hitachi sees India as a base for conducting international business, says country MD Bharat Kaushal

India certainly emerges as a much bigger destination for Hitachi and for other Japanese companies too, says Hitachi India MD Bharat Kaushal

AC makers expect double digit growth amid looming price hikes

Buoyed by the recent prediction by the India Meteorological Department (IMD) about the summer temperature staying ”above normal” in April and May, leading air conditioner (AC) makers including Voltas, Hitachi, LG, Panasonic and Godrej Appliances are expecting pent-up demand of the last two seasons that saw market disruptions due to COVID-19 pandemic.

CCI approves Hitachi's stake-buy in ABB's power grid arm

In December 2018, Swiss power major ABB Group had said the Japan-based Hitachi will buy an 80.1 per cent stake in its power grids arm in a deal that values its grid business at $11 billion (Rs 78,763 crore).

Hitachi to sell chemical unit to Showa Denko for $4.55 billion

Showa Denko said it was offering to pay a total of 964 billion yen for shares in Hitachi Chemical, including from Hitachi as well as the market.

Johnson Controls-Hitachi Air Conditioning India eyes 15% revenue growth in FY20

The company is also slowly moving towards having 100 percent inverter-ACs in their portfolio.

Hitachi expects 15% growth in room AC sales this year

The company is expecting to almost double the sales of its inverter range of ACs and around 50 per cent growth in sales of 5-star inverter ACs over the previous year.

Infosys forms JV with Hitachi, Panasonic and Pasona in Japan

Hitachi, Panasonic and Pasona are the minority shareholders of the entity.

SBI ups digital ante against private banks, will install over 150 Electronic Toll Collection centres

With an increase in transaction volumes in ETC lanes, the country's largest lender wants to step up the competition in the digital space. So far only two private lenders - ICICI Bank and Axis Bank have been active in this area.

Hitachi wants nationalisation of UK nuclear project: Report

But he added that legal changes would be required for the British government to take a majority stake in the business to fill a funding gap left by the private sector.

Hitachi freezes UK nuclear project as Brexit crisis deepens

The suspension comes as Hitachi's Horizon Nuclear Power failed to find private investors for its plans to build a plant in Anglesey, which was expected to provide about 6 percent of Britain's electricity.

Hitachi has not given up yet on UK nuclear project: Executive

"Britain and Japan are both making efforts," Executive Vice President and Executive Officer Toshikazu Nishino said at a briefing on Hitachi's acquisition of ABB's power grid business.

Hitachi to purchase majority stake in ABB's power grid arm for $6.4 billion

The deal would make Hitachi the world's largest power grid company.

ABB to sell Power Grids division to Hitachi in $11 billion deal

The Zurich-based company, which said the transaction put the Power Grids business's enterprise value at $11 billion, also said on Monday it would be modifying the structure of its remaining businesses.

Infosys forms JV with Hitachi, Panasonic, Pasona in Japan

As part of the agreement, Infosys will acquire 81 per cent of the shareholding in Hitachi Procurement Service Co, Hitachi's fully owned subsidiary, Infosys said in a statement.

Apex consumer commission asks Hitachi to pay Rs 5 lakh for installing faulty air-conditioners

The National Consumer Disputes Redressal Commission (NCDRC) has asked the Delhi branch of Amtrex Hitachi Appliance Ltd (now Johnson Controls-Hitachi Air Conditioning India Limited) to pay Rs 5,40,000 to Stic Travels Private Ltd within 45 days.

Consumers may have to pay more due to higher tax incidence: Havells India

In an interview to CNBC-TV18, Anil Rai Gupta, CMD of Havells India spoke about the goods and services tax (GST) and latest happenings in the company.

Stocks in the news: IOC, Cipla, Max Financial, Lupin, Dish TV, Jain Irrigation

Max Financial | JP Power | Lupin | Dish TV | Jain Irrigation | Ashoka Buildcon | Sarla Performance Fibers and Kalpataru Power Transmission are stocks, which are in news today.