QUOTE AND NEWS
The Hindu Business Line  Apr 8  Comment 
Power and automation technology group of ABB has won an order worth around $18 million from Power Grid Corporation of India Ltd (PGCIL) to construct a 400 kilovolt (kV) gas-insulated switchgear (G...
OilVoice  Apr 3  Comment 
ABB the leading power and automation technology group has been awarded a 175 million contract to upgrade the power generation capacity at Zirku oil and gas processing facilities in the Gulf. The or
The Hindu Business Line  Mar 28  Comment 
Targets 20-25% growth from off-grid areas
Cloud Computing  Mar 28  Comment 
SYS-CON Events announced today that MetraTech Corp., the leading global provider of Agreements-Based Billing™ (ABB), Commerce and Settlement solutions, has been named “Bronze Sponsor” of SYS-CON's 14th International Cloud Expo®, which will...
The Hindu Business Line  Mar 27  Comment 
  ABB India Limited is aiming to penetrate into rural market with its Solar Pump Drive, which is capable of replacing the conventional water pumps that are run by diesel or electrici...
The Economic Times  Mar 26  Comment 
There is no link between the rate at which these royalties are increasing versus the rate at which the firm’s top line itself is increasing.
Reuters  Mar 21  Comment 
Swiss engineering group ABB said on Friday it has agreed to sell its U.S. Thomas & Betts' heating, ventilation and air conditioning business to U.S. conglomerate Nortek for $260...
The Economic Times  Feb 26  Comment 
ABB is a 'BUY' call with a target of Rs 126 and a stop loss of Rs 112.
The Economic Times  Feb 24  Comment 
These cos will find avenues to deploy their inventory, deploy their capacities in a profitable way and not depend on the domestic capex cycle, says Diwan.





 
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