The Hindu Business Line  Aug 18  Comment 
KN Shenoy, 83, former chairman of ABB and the past president of CII passed away on Monday. Expressing deep sorrow over his death, CII said that the Indian industry has lost a visionary...
Market Intelligence Center  Aug 15  Comment 
For a hedged play on ABB Ltd (ABB) MarketIntelligenceCenter.com’s patented trade-picking algorithms recommend the Mar. '15 $23.00 covered call for a net debit in the $21.55 area. That is also the break-even stock price for the covered call. This...
Market Intelligence Center  Aug 7  Comment 
ABB Ltd (ABB) presents a trading opportunity that offers a 7.28% return in just 225 days. A covered call on ABB at the $23.00 level expiring on Mar. '15 offers an assigned return rate of 7.28% or 11.80% annualized. This trade offers 4.88%...
Mondo Visione  Aug 5  Comment 
The International Swaps and Derivatives Association, Inc. (ISDA) today announced that its EMEA Credit Derivatives Determinations Committee resolved that a bankruptcy credit event occurred in respect of ABB International Finance Limited. Since...
SeekingAlpha  Jul 24  Comment 
By Stephen Simpson, CFA: Swiss automation and power technologies conglomerate ABB (NYSE:ABB) managed to avoid another major quarterly sell-off, but I think the reaction to this earnings report owes a lot to lower expectations and stronger orders....
The Hindu Business Line  Jul 23  Comment 
Large orders have boosted ABB India’s profitability. The company for second-quarter (Q2) of calendar 2014 has recorded 20.64 per cent rise in profit at ₹47.69 crore against ₹39.53 crore du...
newratings.com  Jul 23  Comment 
Financial Times  Jul 23  Comment 
Swiss engineering conglomerate calls for patience after its alternative power systems division acts as a drag on profit at a group level
Wall Street Journal  Jul 23  Comment 
ABB reported worse-than-expected second-quarter earnings as the power and automation giant presses ahead with a review of its operations that has already seen it shed some fringe businesses.


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