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Rieter posts strong FY2017 results
April 2018
Rieter posted an order intake of CHF 1,051.5 million in FY2017. This represents an increase of 16% compared to the previous year (increase of CHF 146.3 million). A significant increase in order intake and order backlog at the end of the year marked the 2017 financial year. In terms of sales, Rieter posted a slight increase. The EBIT margin before restructuring charges was 5.4 per cent. Despite special effects, the company’s dividend policy and solid financial position allow the payment of an attractive dividend. Therefore, the Board of Directors proposes to the shareholders to leave the dividend unchanged at CHF 5.00.
India to accelerate $ 200 billion smart cities projects
March 2017
When the 60 winning cities (with proposals worth over Rs 1.31 lakh crore) become smart, it is expected to positively impact the lives of 72 crore urban population. While Rs 1.05 lakh crore will be spent on area-based development plans, Rs 26,141 crore will be spent on pan-city solutions in the next five years.
Schneider Electric launches AltivarTM ATV320
July 2016
Schneider Electric, the global specialist in energy management and automation, has launched AltivarTM Machine ATV320, a variable speed drive that meets simple and advanced application requirements from 0.18 to 15 kW (0.25 to 20 Hp).
Our products can help save time for textile companies
September 2015
¨The abundance of power-hungry mission-critical processes in industrial applications makes secure, reliable power more important than ever¨, stresses Chandrashekhar Prakashrao, Sales Director - Secure Power for Industry & Infrastructure, Schneider Electric, in an interaction with The ITJ.
Paves way for stronger power scene
August 2014
Smart city lies at the heart of the Union Budget of the new government. The allocations and the measures announced now gives shape to the Narendra Modi´s initial idea of 100 smart cities.
Armes Maini launches Vertimag
August 2014
Two of the leading brands in material handling and storage solutions, Ferretto Group from Italy and Maini group from India, joined hands in 2007 to form Armes Maini Storage Systems Pvt Ltd. Operating from India, the company provides end-to-end solutions pertaining to racks, mezzanines and automatic storage solutions.
Paves way for stronger power scene
July 2014
Smart city lies at the heart of the Union Budget of the new government. The allocations and the measures announced now gives shape to the Narendra Modi’s initial idea of 100 smart cities. The government has made an allocation of Rs 7,060 crore
Mohler Machine makes giant strides in export
July 2014
With just over a decade of experience, Mohler Machine has already provided best-in-class products and services and has forayed into manufacturing of overhead travelling cleaner. Within such short span of time, the company has grown substantially
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