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Steering Growth

Growing urbanisation and mechanisation of manual jobs are driving the demand for compact equipment such as skid-steer loaders in India.

Wabtec wins drill motor deal with MEIL

Wabtec and Megha Engineering & Infrastructure (MEIL) announced an agreement for 143 AC drill motors to support an upcoming onshore rig replacement project for India?s state-owned petroleum explorer, Oil and Natural Gas Corporation (ONGC). T

L&T wins Rs 1,267 crore contract from ONGC

L&T Hydrocarbon Engineering, a wholly-owned subsidiary of Larsen and Toubro (L&T), has bagged an offshore contract from Oil and Natural Gas Corporation (ONGC). The Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) contract for balance of work for pipeline replacement project-4 is valued at Rs 1,276 crore.

Essar Projects commissions ONGC platforms

Essar Projects India Ltd (EPIL), a leading EPC contractor, announced the successful commissioning of four offshore well platforms for ONGC. An EPIL-led consortium?with Saipem as the engineering partner?was awarded the contract for Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) of four new well platforms by ONGC.

Dolphin Offshore bags ONGC contract

Dolphin Offshore Enterprises (India) has bagged contract worth $3.99 million from ONGC for underwater structural repair of HC platform in Heera Field.

IL&FS may subscribe to rights issue of Resource Generation

The proposed rights issue of Resource Generation in its South African coal mining project Boikarabelo mine would be subscribed by IL&FS Energy Development Co along with its partner, reports indicate. If existing investors don?t show much interest in the issue, IL&FS Energy, along with two other investors, committed to acquire up to 80 percent of the issue or any shortfall

CIL chief hopes to exceed Rs 1 trillion revenue in FY14

Media reports quoted Narsing Rao, Chairman of Coal India (CIL) as saying that the firm, which posted a turnover of Rs 88,281 crore during 2012-13 hopes to achieve a 12-13 percent growth in the same in the current financial year. He reportedly expressed hope of exceeding Rs 100,000-crore turnover during 2013-14. There are only eight companies in India that are in the Rs 100,000-crore club

A multitasked approach

Hemendra C Shah, Vice President (Commercial) and CFO, Elecon Engineering Co Ltd, has a vast experience of 30 years in Finance, Cost & Management Accounting, Banking, Taxation Secretarial, Legal, Insurance and other related matters.

Lack of a regulatory body for safety norms is a concern

The industry is definitely getting more customer oriented, states Tushar Mehendale, Managing Director, ElectroMech. In an exclusive interview with Equipment India Mehendale spills the details about changing customer preferences and the challenges the industry faces.

25 Years of Nation-Building

Gmmco was formed in 1967 when the GP-CK Birla Group took over Blackwood Hodge Equipment, who were distributors for the Terex range of products.

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