Post Tagged with: "2014"

Ratan Tata receives Frost & Sullivan Growth, Innovation and Leadership Award for Visionary Innovation at GIL India: 2014

Ratan Tata receives Frost & Sullivan Growth, Innovation and Leadership Award for Visionary Innovation at GIL India: 2014

The sixth edition of GIL 2014: India concluded successfully at the Taj Lands End Hotel in Mumbai.  Ratan Tata received the Frost & Sullivan Growth, Innovation and Leadership (GIL) Award for Visionary Innovation from  Aroop Zutshi, Global President & Managing Partner and Rajiv Kumar, Senior Partner & Global Vice President. Speaking on the occasion and responding to a question about[Read More…]

CII to organise Robotics & Automation 2014 Exposition

CII to organise Robotics & Automation 2014 Exposition

To understand the latest technologies, trends and challenges, various aspects of industrial automation & robotics and process control in manufacturing to drive operational excellence and productivity improvements, Confederation of Indian Industry (CII) – Southern Region, is organising a 3-day event on Robotics & Automation. The conference and exhibition will help connect the participants to key technology players in the sector[Read More…]

by August 11, 2014 Trending, Web Exclusive

Visteon announces second-quarter 2014 results; Reports record quarterly adjusted EBITDA

Financial performance Sales of $2.04 billion ($1.78 billion excluding discontinued operations) Record quarterly adjusted EBITDA of $193 million ($175 million excluding discontinued operations) Cash from operations of $31 million Continued progress under comprehensive shareholder value creation plan Reached agreement to sell majority of interiors business Completed acquisition of Johnson Controls’ electronics business on July 1 Completed HVCC acquisition of thermal[Read More…]

Intec 2014 sails through despite slowdown

Intec 2014 sails through despite slowdown

Text & Photography: Bhargav TS The 15th edition of Intec 2014, the largest engineering exhibition organised by CODDISSIA (Coimbatore District Small Industries Association), focused on innovative technologies for the manufacturing industry. The 5-day event was inaugurated by N K Maini, Deputy Managing Director of Small Industries Development Bank of India (SIDBI). The annual event saw over 325 participants from India and[Read More…]

by August 3, 2014 Trending, Web Exclusive
Multitasking machines highlight ACMEE 2014

Multitasking machines highlight ACMEE 2014

Text & Photos: Bhargav TS   The 11th edition of ACMEE 2014 showcased the powerhouse of the manufacturing industry by bringing in the latest machines that help in improving productivity and efficiency. The participants in the event focused on multitasking machines, which are helpful in enhancing productivity, achieving consistent accuracy and a higher working life of products. The 5-day event, which recently concluded at Chennai Trade Centre, Nandambakkam drew more than 450[Read More…]

by August 3, 2014 Newscast, Trending, Web Exclusive

TRW reports second quarter and first half 2014 financial results

TRW Automotive Holdings Corp. the global leader in active and passive safety systems, has reported second quarter 2014 financial results with sales of $4.6 billion, an increase of 2% compared to the prior year period (up 8% excluding the effect of businesses exited).  The Company reported GAAP second quarter net earnings of $265 million or $2.27 per diluted share, which compares to net earnings of $248[Read More…]

Dürr confirming targets for 2014

Business figures for the 1st half / 2nd quarter of 2014 High order intake in the second quarter EBIT margin of 8.4% in the first half of the year in line with targets 9.4% increase in order backlog since the end of 2013 At the end of the first half of 2014, Dürr is confident of achieving its full-year targets. After a strong[Read More…]

Delphi reports second quarter 2014 financial results

Delphi Automotive PLC, a leading global vehicle components manufacturer, has reported second quarter 2014 U.S. GAAP earnings of $1.26 per diluted share. Excluding special items, second quarter earnings increased 15% to $1.42 per diluted share. Second Quarter Highlights Include: Revenue of $4.5 billion, up 5% U.S. GAAP diluted earnings per share of $1.26, up 8% Excluding special items, earnings of[Read More…]

Meritor reports third-quarter fiscal year 2014 results

Meritor, Inc., has reported financial results for its third fiscal quarter ended June 30, 2014. Third-Quarter Highlights Sales were $986 million, down $7 million from the same period last year. Net income on a GAAP basis was $234 million, compared to a net loss of $38 million, in the same period last year. Net income included $209 million from the antitrust[Read More…]

by August 3, 2014 International
BorgWarner’s President &CEO James R Verrier honored

BorgWarner’s President &CEO James R Verrier honored

BorgWarner’s President and Chief Executive Officer James R Verrier was honored as an EY Entrepreneur Of The Year 2014 winner in the automotive category in the Michigan and Northwest Ohio region during a ceremony held recently in Detroit. Selected by an independent panel of judges made up of previous award winners such as leading CEOs, private capital investors and other[Read More…]