ABB

Power and automation technology group ABB will invest around Rs 250 crore to build new facilities in India to manufacture high-voltage power products and transformers.
The expansion is part of

Multinational power and automation technology company ABB today said it has secured a $ 71 million order from Steel Authority of India Ltd (SAIL) for supply of a high-voltage sub-station

State-owned BHEL has won a contract from PowerGrid Corp along with Swedish firm ABB for supplying equipment for the construction of a transmission link.

"BHEL in consortium with ABB has

The unexpected increase in royalty and technology fees to its parent company by Maruti Suzuki has raised concerns that MNCs may take away a bigger slice of profits from their

Insurance behemoth Life Insurance Corporation of India (LIC) has tendered just over half of its holdings in ABB in the open offer by Zurich-based Asea Brown Boveri in its Indian subsidiary, which closed on Tuesday.

Swiss-based parent firm of ABB Ltd today made an open offer to raise its stake in its Indian unit by acquiring an additional 23 per cent stake from the public shareholders for Rs 4,366 crore.