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Srei receives EoI for capital infusion from Cerberus

The board of directors of Srei Infrastructure Finance and its wholly-owned subsidiary Srei Equipment Finance held meetings announced that it has further received an expression of interest for capital infusion from Cerberus Global Investments.

Indian market has a great growth potential

Founded as Racine Threshing Machine Works in the mid-western US in 1842, CASE Construction Equipment today operates as a subsidiary of CNH Industrial.

Bonfiglioli opens new facility in Chennai

Bonfiglioli Transmissions, the Indian subsidiary of Bonfiglioli Riduttori S.p.A, opened its new manufacturing facility in Chennai.

100 per cent FDI in coal mining likely to attract more global investment

According to an ICRA report, opening up commercial coal mining for the private sector and allowing 100 per cent foreign direct investment (FDI) are likely to attract global miners to invest in India.

India to become cashless economy

With reference to the recent development where the government has demonetised Rs 500 and Rs 1000 notes in the country, Mr Vipin Sondhi, MD & CEO, JCB India says, "The announcement by the Honourable Prime Minister, Shri Narendra Modi to demonetise Rs 500 and Rs 1000 notes is a very bold and ambitious step by the Government to curb black money.

Construction equipment show in Dammam

Dammam will host the largest heavy equipment exhibition in the GCC region from February 16 to 20 at the Dhahran International Exhibitions Center (DIEC). The Construction Machinery Show will be dedicated to the construction machinery sector