2021
06 Aug
High steel prices eating away profits of domestic industry

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The skyrocketing price of steel has badly dented the profit margins of domestic companies belonging to the engineering and pipe manufacturing industries. The price rise ha…

2021
06 Aug
Despite high inflation, RBI may keep rates low; hike only after 3-4 quarters

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The low-interest rate party can go for some more time.

Despite inflation moving beyond its comfort zone for two consecutive months, the Reserve Bank of India …

2021
06 Aug
Sundaram Finance Holdings Q1 results: Net profit soars 80% to Rs 5 cr

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Sundaram Finance Holdings Ltd has registered net profit at Rs 5.13 crore for the quarter ending June 30, 2021 up by 80 per cent, the company said on Thursday.

The city-based com…

2021
06 Aug
Wheels India expects positive trend in exports to continue; domestic biz to recover in 2nd half: Chairman

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 Wheels India has commenced production at its new manufacturing facility set up near the city and was seeing strong demand for forged aluminium wheels overseas market…

2021
06 Aug
Worldwide Electric Acquires Georator

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Worldwide Electric, LLC has announced that it has acquired Georator Corporation and its subsidiary, Athlon. With this acquisition, WorldWide Electric is pleased to add frequency converte…

2021
06 Aug
Orbex Introduces New Line of Brushless DC Flat Motors

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The Orbex Group, a leading manufacturer of high-performance electric motors and slip rings, is pleased to announce a new line of flat brushless DC motors.


These compact…

2021
05 Aug
Tata Steel recruits 16 women heavy earth moving machinery operators

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Domestic giant Tata Steel on Wednesday said it has inducted 16 women Heavy Earth Moving Machinery (HEMM) operators as part of its efforts to promote women empowerment. The…

2021
05 Aug
Forging industry seeks PMO's intervention over high steel prices

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 The forging industry has sought the intervention of the Prime Minister's Office to save them from another crisis arising from the steep rise in steel prices which has…

2021
05 Aug
Timken Declares Quarterly Dividend of 30 Cents Per Share

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The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, today declared a quarter…

2021
05 Aug
NTN Announces Recent Promotions

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NTN Bearing Corporation of America is pleased to announce the promotions of Lou Payan to director of corporate accounts and Tim Bell to director of warehouse and logistics, respectively.…

2021
05 Aug
Heidenhain Encoders Provide Consistency for Metrology Designs in Machining

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With the release of new MULTI Degrees-of-Freedom (MULTI-DOF) encoders, Heidenhain offers machine manufacturers a better way to implement metrology designs to obtain multiple measurements…

2021
05 Aug
PowderMet2022 Issues Call for Papers

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The program committee for PowderMet2022: International Conference on Powder Metallurgy & Particulate Materials, to be held June 12–15, 2022, in Portland, Oregon, at the Portland Co…

2021
04 Aug
Forging industry seeks PMO's intervention over high steel prices

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The forging industry has sought the intervention of the Prime Minister's Office to save them from another crisis arising from the steep rise in steel prices which has hit t…

2021
04 Aug
Bell unveils high-speed vertical take-off and landing design

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Bell Textron Inc., a Textron Inc. company, unveiled design concepts for new aircraft systems for military applications which would use Bell’s high-speed vertical take-of…

2021
04 Aug
Nexii has acquired Omicron as a wholly owned subsidiary

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Nexii Building Solutions Inc. has acquired Omicron Canada Ltd. as a wholly owned subsidiary.


Nexii is a green construction technology company tackli…

2021
04 Aug
Solar Race Car Utilizes Siemens Digital Software Solutions

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Siemens Digital Industries Software is sponsoring Team Sonnenwagen Aachen– a German student initiative focused on developing new sustainable mobility concepts – in the design and dev…

2021
04 Aug
AD Reports 30 Percent Sales Increase Across all 13 Divisions

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AD is reporting member sales in the first six months of 2021 were $28.1 billion, an increase of 30% across its 13 divisions and three countries. Same-store sales were up 17%. Purchases b…

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