Market Intelligence Center  Oct 8  Comment 
ABB Ltd (ABB) presents a trading opportunity that offers a 6.80% return in just 163 days. A covered call on ABB at the $22.00 level expiring on Mar. '15 offers an assigned return rate of 6.80% or 15.22% annualized. This trade offers 4.19%...
The Hindu Business Line  Oct 7  Comment 
Switzerland-based power and automation company ABB unveiled its global strategy recently to fast track growth. In an interview with BusinessLine, Bazmi R Husain, Managing Director...
The Hindu Business Line  Sep 30  Comment 
ABB, a power and automation technology group, has bagged orders worth around ₹55 crore from Tamil Nadu Transmission Corporation Ltd (TanTransco) to build a new substation in downtown Chenna...
The Hindu Business Line  Sep 29  Comment 
ABB, power and automation technology group, has bagged an order worth around ₹172 crore from Power Grid Company of Bangladesh. The order is to provide four new turnkey sub-...
Reuters  Sep 25  Comment 
Swiss engineering group ABB could consider acquisitions next year once recent deals have been fully integrated, its chief executive told German newspaper Handelsblatt in an...
The Economic Times  Sep 19  Comment 
The companies which are participating are Voltas, ABB, Future Retail, V-Mart, Gujarat Pipavav Defence, Gruh Finance, ABB and many others.
OilVoice  Sep 12  Comment 
Boa Offshore has chosen ABB Turbocharging39s proactive Maintenance Management Agreement for servicing of turbochargers aboard four of its vessels ensuring ontime servicing at agreed prices with a
The Economic Times  Sep 12  Comment 
"ABB India Limited is a 'BUY' call with a target of Rs 1220 and a stop loss of Rs 1149."


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.

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