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Hy-Brid lifts sees 68% growth in sales

Global sales rose 68% compared to the previous year, spurred by a 110% growth in Push-Around Series sales.

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Cummins India profit at Rs 171 cr Q1 2021-22

• Total sales for the quarter at Rs 1,167 crore increased by 141% compared to the same quarter last year and declined by 5% compared to the preceding quarter.

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L&T signs agreement to divest Singoli-Bhatwari hydroelectric project

Larsen & Toubro, announced the divestment of 100 per cent stake in the 3 x 33 MW (99 MW) run of the river hydroelectric power plant owned by its subsidiary L&T Uttaranchal Hydropower (LTUHPL) to Renew Power Services, a wholly owned subsidiary of Renew Power. This is in line with the declared L&T focus of divesting non-core assets and improving shareholder value.

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Goodyear India income up 131% in Q1FY2022

The total income of the company is Rs 540 crore, up 131% versus the previous year. Goodyear’s profit after tax is Rs 27 crore compared to a loss of Rs 4 crore last year.

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Sakthi Kumar of Schwing Stetter: Market for excavators should grow by 10%

VG Sakthi Kumar, MD, Schwing Stetter (India), speaks on the present size and growth rate of the hydraulic excavators market in India.

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Volvo excavators promote safety & efficiency on Singapore demolition site

In Singapore, demolition contractor Beng Siew Construction Pte Ltd is using a fleet of Volvo excavators to safely and efficiently demolish commercial buildings in the Tanjong Pagar area, clearing the way for a new commercial development, including a basement carpark.

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Escorts Q1 results FY22: Net profit at 185.2 cr

Tractor manufacturing major Escorts recorded a two-fold jump in net profit during the quarter ended June 2021.

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Tadano launches all-terrain crane line with 75 tonne lifting capacity

Tadano, a Mobile crane manufacturer, introduced an upgraded four-axle all-terrain crane line with a lifting capacity of 75 tonne and two boom lengths. The new AC 4.070L-1 and AC 4.070-1 feature multifunctional crane controls and a new carrier cab.

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Liebherr sells its 2000th 34 K fast-erecting crane

Liebherr has sold its 2000th 34 K fast-erecting crane to Mathis Bau AG. The Swiss construction and transport company is a long-standing customer of the construction machinery manufacturer and already uses several Liebherr cranes in its diverse areas of operation.

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Liebherr crane 34 K at work on tallest building in Benelux region

The fast-erecting crane belonging to the rental fleet of Van der Spek Vianen B.V. proved its flexibility once again

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