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ABB India Ltd (ABB.NS)

ABB.NS on National Stock Exchange of India

1,216.35INR
18 May 2018
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Rs1,216.35
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90,103
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Rs1,749.20
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Rs1,214.05

Latest Key Developments (Source: Significant Developments)

ABB India Gets Order Worth 1.34 Bln Rupees
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - ABB India Ltd ::SAYS WINS 1.34 BILLION RUPEES TRACTION EQUIPMENT ORDER FOR INDIAN RAILWAYS.ORDER TO SUPPLY STATE-OF-THE-ART TRACTION EQUIPMENT FOR ELECTRIC LOCOMOTIVES, MANUFACTURED BY CHITTARANJAN LOCOMOTIVE WORKS.  Full Article

BRIEF-Aker Solutions wins orders from Aker BP, value not disclosed
Monday, 18 Dec 2017 

Fixes typo in headline:AKER SOLUTIONS WINS ORDERS FROM AKER BP FOR OFFSHORE NORWAY FIELDS.THE COMPANY WILL DELIVER TWO SUBSEA MANIFOLDS, A CONTROLS SYSTEM AND UMBILICALS FOR SKOGUL, WHICH WILL BE TIED BACK TO THE NORTH SEA ALVHEIM FIELD. IT WILL ALSO PROVIDE UMBILICALS AND DETAILED ENGINEERING OF THE TOPSIDE FOR A NORMALLY UNMANNED INSTALLATION (NUI) FOR VALHALL FLANK WEST, WHICH WILL BE TIED BACK TO THE VALHALL FIELD CENTER.THE SUBSEA WORK WILL BE CARRIED OUT AS PART OF AKER SOLUTIONS' SUBSEA ALLIANCE WITH AKER BP AND SUBSEA 7. THE TOPSIDE ENGINEERING WORK IS BEING UNDERTAKEN AS PART OF A WELLHEAD PLATFORM ALLIANCE WITH AKER BP, KVAERNER AND ABB. THE ALLIANCES HAVE PREVIOUSLY COMPLETED FRONT-END ENGINEERING WORK FOR BOTH FIELDS.THE PARTIES AGREED TO NOT DISCLOSE THE VALUE OF THE ORDERS, WHICH WILL BE BOOKED IN THE FOURTH QUARTER.  Full Article

Aker BP awards Kvaerner contract close to $119 mln in value
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Kvaerner Asa ::REG-KVÆRNER ASA: KVAERNER AWARDED CONTRACT FOR VALHALL FLANK WEST.‍TODAY, AKER BP HAS AWARDED KVAERNER A CONTRACT FOR DELIVERY OF TOPSIDE AND STEEL JACKET SUBSTRUCTURE FOR VALHALL FLANK WEST​.‍CONTRACT HAS A VALUE OF CLOSE TO 1 BILLION NORWEGIAN CROWNS ($119.40 million) FOR KVAERNER​.‍THIS IS FIRST PROJECT IN WELLHEAD PLATFORM ALLIANCE, WHICH WAS ESTABLISHED IN SPRING OF 2017 BETWEEN AKER BP, KVAERNER, ABB AND AKER SOLUTIONS​.  Full Article

ABB India Sept-qtr profit up about 18 pct
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - ABB India Ltd ::Sept quarter profit 833.9 million rupees.Sept quarter total revenue from operations 19.15 billion rupees.Net profit in Sept quarter last year was 705.7 million rupees as per Ind-As; total revenue from operations was 21.98 billion rupees.  Full Article

ABB India to upgrade 20 substations in Himachal Pradesh‍​
Wednesday, 16 Aug 2017 

Aug 16 (Reuters) - ABB India Ltd :Says ABB India to upgrade 20 substations in Himachal Pradesh‍​.Says order placed by Himachal Pradesh Electricity Board Limited.  Full Article

ABB India June-qtr profit rises about 35 pct
Thursday, 20 Jul 2017 

July 20 (Reuters) - ABB India Ltd :June quarter profit 750.6 million rupees versus inr 556. 4 million.June quarter total revenue from operations 23.62 billion rupees versus 22.26 billion rupees.  Full Article

ABB India March-qtr profit up about 3 pct
Monday, 8 May 2017 

May 8 (Reuters) - Abb India Ltd :March quarter net profit 881.7 million rupees.March quarter total revenue from operations 23.19 billion rupees.Net profit in march quarter last year was 442 million rupees as per Ind-AS; total revenue from operations was 21.24 billion rupees.  Full Article

ABB India sets up global service center, adds new production line
Thursday, 4 May 2017 

May 4 (Reuters) - ABB India Ltd :Says expands footprint with a global service center for energy saving drives with remote digital services and new production line.  Full Article

ABB India gets order from Power Grid Company of Bangladesh
Tuesday, 18 Apr 2017 

April 18 (Reuters) - Abb India Ltd :Says to reinforce Bangladesh Power Grid.Says won order worth around INR 1.78 billion, from Power Grid Company Of Bangladesh Ltd.Says ABB India will build two new substations and upgrade two existing substations, all located in the south-eastern parts of Bangladesh.Says order was booked in the first quarter of 2017.  Full Article

ABB India partners with IL&FS Transportation,Sterling & Wilson to develop infrastructure project
Friday, 31 Mar 2017 

Abb India Ltd : Says partnered with Il&FS Transportation Networks Ltd,Sterling & Wilson, in development of major Indian Infrastructure project .Says project is 10.8 kilometre Chenani-Nashri tunnel in Jammu & Kashmir, and will feature ABB's ventilation system.  Full Article

EU mergers and takeovers (April 24)

BRUSSELS, April 24 The following are mergers under review by the European Commission and a brief guide to the EU merger process: