Business

ABB India completes sale of Dodge Industrial for Rs forty five crore

ABB India on Thursday said it has completed the sale of its mechanical power transmission division to Dodge Industrial India Pvt Ltd for a consideration of Rs 44.58 crore. Dodge Industrial India is an affiliate of RBC Bearings Incorporated. In July this year, ABB board had approved a proposal to divest/sell its mechanical power transmission…

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3 years ago

December 2, 2021

Shrishti

ABB India completes sale of Dodge Industrial for Rs forty five crore

ABB India on Thursday said it has performed the sale of its mechanical energy transmission division to Dodge Industrial India Pvt Ltd for a consideration of Rs 44.58 crore. Dodge Industrial India is an affiliate of RBC Bearings Incorporated. In July this year, ABB board had licensed a proposal to divest/promote its mechanical energy transmission division (Dodge Industrial) as a going topic on a tear sale basis to RBC Bearings Incorporated and/or its affiliates/subsidiaries…
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Business

Main person cos to proceed capex

Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…

Published

1 year ago

May 16, 2023

Shrishti

A lot of main person facing companies together with Hindustan Unilever, Britannia, Voltas, Havells, Blue Smartly-known person and Titan Company are going to proceed their excessive capital expenditure (capex) and growth this fiscal as that in FY23, senior executives informed ET and analysts in contemporary incomes calls.Much of the capex is ear-marked for ticket spanking contemporary factories…
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