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Japan's Kubota may raise stake in Escorts
Japanese agriculture and heavy equipment firm Kubota Corp is in talks with the Nanda family - promoters of India's Escorts to increase its stake and eventually become a controlling shareholder in the tractor maker and engineering construction company, said people aware of the matter.
Escorts Q2 profit up
Escorts reported a standalone profit of Rs 1.046 billion in quarter ended September 30, 2019, up by 1.8 per cent as against a profit of Rs 1.027 billion in the corresponding period last year.
Port of call
Cargo traffic at Indian ports is gradually growing. Containerisation and palletisation of cargo is on the rise, though there is still far more to go for us to have a sizeable share of containerised and palletised cargo in the global market.
Escorts-Tadano JV to manufacture RT cranes in India
Escorts Ltd, India?s leading engineering conglomerate, and Tadano Group, Japan?s biggest and world?s leading mobile crane manufacturer, announced their joint venture (JV) to manufacture rough terrain (RT) cranes and truck-mounted cranes.
Escorts Chairman Rajan Nanda passes away
Chairman and Managing Director of Escorts Limited, Rajan Nanda, passed away on August 5, 2018 after a brief illness. He was 76 years.
Escorts inducts new Group HR Head
Escorts has appointed Amanppreet Singh Bhatia as the new Group HR Head. Amanppreet has more than 25 years of experience across commercial vehicle and engineering solutions, consumer durable and FMCG space. At Escorts, he will focus on organisational transformation and human resource strategic roadmap to build a strong employer brand.
Pick-n-Carry Hydra: Bestseller
As the Numero Uno bestselling lift and reach product, Hydra crane still continues to be the most demanding mobile crane category in India. Tyre-mounted articulated steering, hydraulic mobile pick-and-carry crane, colloquially termed ?Hydra?, was introduced in India
Automotive fasteners
Atop Fasteners is a manufacturer of various type of spring steel sheet metal components, machined components and fasteners. The product range includes circlips (all types), conical washers, star washers, external tooth washer, internal tooth washer, keys (parallel, taper, gib-head, woodruff), pins (straight and tapered), dowels, lock retainers, mild steel and spring steel, nut clips and nut springs, plain washers, and all types of shims.