QUOTE AND NEWS
The Economic Times  Jun 25  Comment 
Depending upon the final valuation, L&T will either divest its entire holding or retain a minority stake that will be sold later, sources said.
The Economic Times  Jun 21  Comment 
According to reports, ABB has offered over Rs 14,000 crore for the deal and discussions are yet to arrive at a final figure.
The Economic Times  Jun 20  Comment 
ABB owns 75 per cent in ABB India, its locally listed arm, and the acquisition will help the Zurich-headquartered firm consolidate its position in the country.
The Economic Times  Jun 15  Comment 
"2030 is 13 years from now, and what the government is doing is that it is painting a vision and ambition that will enable industrial and technological forces to work in that direction."
The Hindu Business Line  Jun 12  Comment 
Shares of companies from the mining sector (Hindustan Zinc, MOIL, Orissa Minerals), power sector (Tata Power, Reliance Power, NTPC) and capital goods (ABB, BHEL, CG Power) may come under pressure fol...
Automotive World  May 31  Comment 
Two new ABB AbilityTM Collaborative Operations Centers near Miami, Florida, and Genoa, Italy are extending the company’s network. The centers function as the central nervous system for assets and systems fitted with ABB technology. Countless...
Automotive World  May 30  Comment 
Land scarcity has severely limited Singapore’s adoption of solar power. Floating solar panels may be a viable alternative for the city-state surrounded by water. Floating panels could be eleven percent more efficient than solar panels placed on...
Automotive World  May 24  Comment 
ABB today officially inaugurated its new $90 million state-of-the-art Canadian headquarters and Customer Innovation Center, which will serve 700 employees who were previously spread across six locations in Greater Montreal. Campus Montreal houses...
Automotive World  May 22  Comment 
ABB announced today that its Board intends to appoint KPMG as its external auditor effective for the financial year 2018. This decision was taken following a year-long comprehensive external auditor tender process initiated in 2016 in line with...
SeekingAlpha  May 22  Comment 





 
TOP CONTRIBUTORS

Business Profile

ABB (ABB), a partly-owned subsidiary of ABB Asea Brown Boveri of Switzerland, provides power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The company was incorporated on Dec. 22, 1949 as Hindustan Electric Company. Pursuant to a scheme of amalgamation of Asea with HBB, the name was changed to Asea Brown Boveri (ABB) with effect from Oct. 13, 1989. The chairman is Gary Steel and the Vice Chairman and Managing Director is Biplab Majumder.

ABB operates through its business divisions of power products, power systems, automation products, process automation and robotics. It manufactures a wide range of transformers, switchgears, breakers, capacitors, cables and utility automation products and executes projects for power generation, transmission and electrification. It has eight manufacturing facilities in Bangalore, Faridabad, Haridwar, Mumbai, Nashik, and Vadodara.

ABB has a large range of products to offer its clients. The list is exhaustive and so this link will take care of the same: ABB Offerings A-Z

ABB and IIT, Delhi signed an MoU for technology development and knowledge sharing through specific development projects and research in power and automation. The company bagged a turnkey order worth approximately Rs 4,300 million to provide an enterprise wide supervisory control and data acquisition (SCADA) system for ONGC; contracts worth Rs 3.11 billion power and automation systems from Grasim Industries and Ultratech Cement for installation of 220/132kV switchyards and supply of switchgears; a Rs 2.89 billion order by Delhi Metro Rail Corporation (DMRC) to supply the turnkey electrification package for Phase II of the Metro line spanning ten corridors across parts of New Delhi and surrounding areas of Gurgaon and NOIDA.

ABB operations in India include 14 manufacturing facilities and over 6500 employees. Customers are served through extensive countrywide presence with around 30 marketing offices, 8 service centers, 3 logistics warehouses and a network of over 750 channel partners. The ABB Group is increasingly leveraging the Indian operations for projects, products, services, engineering and R&D. Also, as part of ABB’s new regional approach, India has been designated as the hub for the South Asia region.

The corporate office and registered office are at Khanija Bhavan, 2nd Floor, East Wing, No. 49, Race Course Rd, Bangalore-560001.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki