Page 2 - Hitachi

Hitachi to sell overseas home appliance biz to Turkey's Arcelik: Report

The Japanese industrial conglomerate aims to improve profit via the deal with the Turkish company, says Nikkei.

Hitachi ABB Power Grids teams up with Ashok Leyland in e-bus pilot

Smart e-mobility is still at a nascent stage in India.

Hitachi expects to resume growth from 2021, to increase indigenisation

Air-conditioner maker Johnson Controls-Hitachi Air Conditioning India expects to resume its growth journey from 2021 onwards when situation normalises, a top company official said.

CCI approves proposal for formation of Honda Motor, Hitachi joint venture

By way of the proposed combination, HAMCL and Hitachi will jointly control the integrated company, the notice filed with regulator said

Top headlines: Tatas in talks for AirAsia stake, google tax collection dips

From govt calling off merger of three public general insurers to technology players in fray for railway signalling tender, here are top headlines of the day.

Bombardier, Hitachi, Siemens in fray for railway signalling tender

Though Railtel's arm hasn't mentioned the size of the tender, it is expected to be worth Rs 1,000-1,500 crore.

Hitachi-ABB deal to bring tech synergy across the board: India head

As on March 31, 2020, the firm had an order backlog of Rs 5,192 crore

Hitachi completes merger of its JV business unit with Power India

The merger follows the completion of the global merger of the energy business vertical of the Swiss major with the Japanese conglomerate.

Johnson-Hitachi to halve imports, double exports over next 1 year

The move comes amidst the shrill calls for boycotting Chinese goods following violent skirmishes on the Leh border earlier this month that lead to the killing of 20 Indian soldiers

Hitachi, Honda suppliers to merge parts biz to cut EV, self-driving costs

TOKYO (Reuters) - Hitachi Ltd <6501.T> will merge its vehicle components unit with Honda's <7267.T> three suppliers in a bid to cut development costs and better respond to a rapid industry shift to electric vehicles (EV) and self-driving.

Japan's top tech consultancy TechnoPro to invest $10 mn in local EV ops

TechnoPro, which plans to hire 10,000 engineers in India over 3 years, will focus on clients building charging and battery swapping infrastructure, where it is a domain expert

Johnson Controls-Hitachi JV sets up global development centre in Gujarat

GDC at Kadi is the company's fourth globally, after two in Japan and one in China

Storm is brewing over renovating ministers' bungalows in Madhya Pradesh

Madhya Pradesh government in has spent Rs 4 cr on repairing official bungalows of ministers when the state's anganwadi centres are on the verge of closing down

Hitachi to announce purchase of ABB's power grid business on Monday: Report

A source familiar with the situation has valued the power grid business at between $10 billion and $12 billion

ABB nears sale of power grids units to Hitachi in $11 billion deal

Hitachi shares have declined 26 percent this year, valuing the company at about $28 billion

Hitachi Payment Services to focus on transit, digital payment solutions

The firm plans Rs 1 bn investment on implementing digital payment solutions for every metro project it wins

Hitachi brings data-driven solution Vantara to India

IT research firm Gartner claims more than $440 billion will be spent on IoT in 2020

Breach in our system led to debit card fraud: Hitachi

Monetary value of such transactions is not known, but banks have compensated the affected customers

Hitachi claims its systems were not breached in cyber attack

Over 3.2 million debit cards are said to be compromised due to virus/malware in switch provider system at Hitachi