Business  /  Published 22.12.18

SBI-Hitachi JV okayed

The Competition Commission of India (CCI) has approved the acquisition of a 26 per cent stake by Hitachi Payment Services in SBI Payment Services. The SBI, the largest lender in the country, and payme...
By PTI in New Delhi

Business  /  Published 12.06.20

Covid-19 lockdown: Use of ATMs drops

Cash transactions at ATMs using debit, credit and prepaid cards registered a 47 per cent dip in volume and a 49 per cent dip in value in April because of the nationwide lockdown from March 25.“There...
By A Staff Reporter in Calcutta

Business  /  Published 16.06.19

Hitachi drill to stay cool

Johnson Controls-Hitachi Air Conditioning India is targeting a 15 per cent growth in business in the current fiscal with a greater presence in smaller cities after re-positioning itself as a premium b...
By R. Suryamurthy in New Delhi

Business  /  Published 21.04.19

Tata Hitachi shifts base to Bengal

Construction and mining equipment maker Tata Hitachi is moving a large operation based in Jharkhand to Kharagpur, a development that may bode well for Bengal which is seeking marquee names to decorate...
By Sambit Saha & Pinak Ghosh in Calcutta

Business  /  Published 17.12.18

Hitachi in ABB deal

Swiss power major ABB Group on Monday said Hitachi of Japan will buy an 80.1 per cent stake in its power grids arm in a deal that values its grid business at $11 billion (Rs 78,763 crore). The deal i...
By PTI in New Delhi

Business  /  Published 31.10.18

Tata Hitachi in Bengal push

Tata Hitachi, the construction and mining equipment maker, has earmarked a capital expenditure of around Rs 250 crore over the next two years across its plants in Kharagpur, Bengal and Dharwad, Karnat...
By A Staff Reporter in Calcutta


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