9 April 2015 : ABB, the leading power and automation technology group, has won orders worth over $100 million to supply converter transformers and components including wall bushings and circuit breakersfor the Lingzhou-Shaoxing ultrahigh-voltage direct current (UHVDC) transmission link in  →

March 31, 2015: ABB, the leading power and automation technology group has successfully delivered a Collaborative Production Management (CPM) system to KPAQ Industries, LLC at their mill located in St. Francisville, Louisiana. KPAQ’s new CPM system has been integrated to  →

July 22, 2014 A unique collaboration between catalyst researchers from Albemarle Corporation (NYSE: ALB), Delft University of Technology, Haldor Topsoe, FEI Company and Leiden Probe Microscopy has led to an innovative new method for studying catalyst dynamics under actual operating conditions.  The process uses a technique  →

On 26th February 2014, Ericsson announced that it has signed a five-year deal to provide Vodafone with network equipment and services under the telecom operator’s investment program Project Spring. The contract includes an upgrade and expansion of Vodafone’s 2G and  →

Tech Mahindra – Mahindra Satyam merger consummated Announces new brand identity. New Delhi – June 25, 2013: Tech Mahindra Limited, a specialist provider of information technology (IT) solutions and services to the telecommunications industry, and Mahindra Satyam, a leading global  →

Aug. 6, 2013 /PRNewsServices : Sterlite Technologies Limited [BSE: 532374, NSE: STRTECH], a leading global provider of transmission solutions for the telecom and power industries, today announced its results for the quarter ended June 30, 2013. The company posted net revenues of Rs. 758 Crores, with an EBITDA of Rs. 85 Crores and net profit of Rs. 23 Crores. Financial highlights for quarter ended June 30 2013: Sterlite closed Q1FY14 with EBITDA of Rs. 85 Crores on total revenues of Rs. 758 Crores translating into a profitability margin of 11% for this quarter. The telecom business earned revenues of Rs. 291 Crores and EBITDA of Rs. 61 Crores in Q1FY14, while the power business earned revenues of Rs. 453 Crores and EBITDA of Rs. 24 Crores in Q1FY14. International sales revenue of about Rs. 198 Crores (~US$ 36 Million); approximately 26% of net revenues. Standalone Results Quarter Ended Year Ended 13-Jun 13-Mar 12-Jun 13-Mar Net Revenues (Rs Crore) 758 817 866 3,354 Net Revenues (US$ Mn) 138 148 157 610 EBITDA (Rs Crore) 85 72 74 260 PAT (Rs Crore) 23 15 18 47 PAT (US$ Mn) 4 3 3  →