Als News

News

Govt approves Alstom’s locomotives to run at 120 kmph for goods transportation

These electric locomotives will allow faster and safer movement of heavier freight trains capable to carry around 6,000 tonnes at speed of 120 kmph

1 min read14 Oct 2020
News

CCI approves Alstom's acquisition, sole control over Bombardier Transportation in India

In India, Bombardier Transportation is engaged in the sale of rail vehicles, propulsion, control equipment and signalling solutions

1 min read19 Sep 2020
News

Indian Railways' most powerful locomotive joins its network

Indian Railways' freight locomotive began its journey from Pt Deen Dayal Upadhyay railway station in Uttar PradeshThe WAG12B locomotive of Indian Railways will allow faster and safer movement of heavier freight trains

2 min read19 May 2020
News

Alstom to buy Bombardier rail unit for up to $6.7 billion

Deal follows failed Alstom-Siemens combinationRail firms trying to face up to Chinese competition

2 min read18 Feb 2020
Companies

Alstom reaches deal to buy Bombardier’s train unit: Report

Alstom is expected to buy the unit using mainly cash and some stock componentAlstom going ahead with a deal could allow the French company to avoid paying a material premium due to Bombardier Transportation’s cash needs

1 min read17 Feb 2020
Industry

Alstom bags ₹700 crore contracts from Mumbai, Pune metros

The contract for the Mumbai metro, awarded by the Delhi Metro Rail Corporation, is to provide the CBTC signalling system as wellThe contract for the Pune metro, awarded by the Maha Metro Rail Corporation, will see Alstom providing the CBTC technology for the two corridors

1 min read28 Mar 2019
Companies

Siemens, Alstom make new EU concessions to save merger

The planned merger unveiled in 2017 was billed as a defensive move as the Chinese giant CRRC expands onto the global marketSiemens and Alstom have previously offered to sell off some business activities and license other technologies

2 min read28 Jan 2019
News

Opinion | Businesses must learn to use the power of social media to achieve extraordinary results

Leaders also need to encourage critical thinking and thoughtful action

4 min read2 Sep 2021
Opinion

GE’s decline is a warning to Corporate India

General Electric, and its ouster from Dow Jones Industrial Average, has become an apt metaphor for the changing dynamics of business

3 min read4 Jul 2018
Science

ALS: The disease that Stephen Hawking defied for decades

ALS, the disease that Stephen Hawking was suffering, attacks the motor nerve cells in the brain and spinal cord, hampering their ability to communicate with muscles and control voluntary movements, leading to eventual paralysis

1 min read14 Mar 2018
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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