2020
23 Jul
NHAI decision to descope pending RoW without reducing construction period positive for developers: ICRA

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The decision by NHAI to descope pending right of way without reducing construction period is a positive for highway developers working on BOT-HAM projects and makes the process…

2020
23 Jul
Tesla picks Texas site for second US vehicle assembly plant

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Electric car maker Tesla Inc. has picked the Austin, Texas, area as the site for its largest auto assembly plant employing at least 5,000 workers.

The new factory will…

2020
23 Jul
Etel Offers Motion System for Semiconductor Manufacturing

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Providing high throughput for heavy payloads in semiconductor manufacturing comes the newest VULCANO2 motion system from Etel of the Heidenhain Group. With its gantry stacked-axes archit…

2020
23 Jul
Schaeffler Receives Performance Award from Subaru of Indiana Automotive

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Global automotive and industrial supplier Schaeffler was presented with an “Excellent Performance Award” by Subaru of Indiana Automotive (SIA) in recognition of its commitment to hel…

2020
22 Jul
NHAI annuls Rs 2,193-cr bid won by IRB Infra for BOT project in West Bengal

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IRB Infrastructure Developers on Tuesday said the National Highways Authority of India (NHAI) has annulled the Rs 2,193-crore bid won by the company for widening of a …

2020
22 Jul
MCE industry is likely to see a contraction in demand leading to a volume drop of 20% in 2020

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The Mining and Construction equipment sector (MCE) industry is likely to see a contraction in demand leading to a volume drop of 20% in calendar year 2020 (CY2020) due to the o…

2020
22 Jul
Tesla, Toyota Motors help obscure Japanese supplier thrive

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Deep in the electric-vehicle industry’s supply chain is a little-known Japanese manufacturer that makes a seemingly mundane, but essential, device: coil-winding machines.

2020
22 Jul
Bonfiglioli Expands Features of Mosaico Online Platform

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Mosaico has become a comprehensive e-procurement system, Bonfiglioli's new online platform is now live with a greater effectiveness and a better usability due to a wider range of fea…

2020
22 Jul
Moticont Introduces Open Aperture Voice Coil Stage

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Moticont has introduced the HCDS-051-051 Series of eight Linear Open Aperture Voice Coil Stages. These compact open aperture stages have a small footprint of just 10.500 in. (266.7 mm) l…

2020
22 Jul
SKF Half-year report 2020: Continued very strong operating result, despite sharp fall in demand

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Alrik Danielson, President and CEO:

“We have delivered another very strong operating result, despite sales falling by 25% during the second quarter. This performance allowed us t…

2020
21 Jul
Self-driving startup Aurora expands vehicle testing to Texas

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 Self-driving startup Aurora is expanding testing and development of its vehicles to Dallas-Fort Worth Area in Texas, the company said on Monday.

The company, whi…

2020
21 Jul
Kia Motors lists Sonet SUV on website, launch on August 7

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 Kia Motors on Monday has listed its upcoming sub-compact SUV Sonet on the official website ahead of its scheduled launch on August 7.

The South Korean auto major has …

2020
21 Jul
NORD Introduces High Connectivity Variable Frequency Drives

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The NORDAC PRO SK 500P variable frequency drives from NORD DRIVESYSTEMS are equipped with an integrated multi-protocol Ethernet interface, multi-encoder interface for multiple axis opera…

2020
21 Jul
Toyota Advances IIoT Technology at Engine and Power Transmission Manufacturing Plant

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When the management at Toyota's engine and power transmission manufacturing plant in Walbrzych, Poland, looked to increase the availability of its production lines and improve the tr…

2020
21 Jul
Dr. Klaus Patzak new CFO of Schaeffler AG

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Dr. Klaus Patzak mit Wirkung vom 1. August 2020 zum Mitglied des Vorstands bestellt

Dr. Klaus Patzak übernimmt von Dietmar Heinrich das Ressort Finanzen & IT

Dietmar Heinrich scheidet zum 31. Juli …

2020
20 Jul
Mahindra Finance posts Rs 156 cr profit in Apr-Jun

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 Mahindra and Mahindra Financial Services has reported more than two-fold jump in standalone net profit to Rs 156 crore in the quarter ending June helped by cost rationalisatio…

2020
20 Jul
AutoX gets permit to run driverless testing in California

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Alibaba-backed autonomous vehicle startup AutoX Technologies has become only the third company to receive permission to conduct driverless testing on California roads.

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