ABB India has announced bagging two significant orders worth Rs 191 crore to supply traction equipment for Chittaranjan Locomotive Works, and industrial drives to Megha Engineering and Infrastructures. In a filing to BSE, the company said that both these components will be produced at ABB’s Nelamangala facility in Bengaluru, in […]

Accenture has opened a new Innovation Hub in Hyderabad to facilitate its clients to co-innovate with it by ideating, rapidly prototyping and then scaling disruptive products and services for the digital economy. According to the company, spread over three lakh square feet, the latest addition to Accenture’s global innovation network […]

International firms are eyeing tier-2 locations to expand their engineering R&D operations. According to a BusinessLine report, cities such as Ahmedabad, Vadodara, Coimbatore, Kolkata, Chandigarh, Thiruvanantha-puram, Kochi and Visakhapatnam are the new favourites. The reasons, it said, are increasing availability of talent, cost arbitrage, low attrition rates, growing ecosystem of […]

Bharat Heavy Electricals Ltd has announced that the company is setting up a network of solar-based electric vehicle chargers on the Delhi-Chandigarh highway. According to the State-run company, the project is covered under Department of Heavy Industry’s FAME scheme (Faster Adoption and Manufacturing of (Hybrid) & Electric Vehicles in India). […]

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