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Delhi: First train for Metro Phase 4 arrives

November 16, 2024 2:25 am

The new trains are designed for speeds of up to 95 km/h and operational speeds of 85 km/h, equipped with Grade of Automation (GOA) 4 for driverless operations.

Alstom, Siemens merge to create new European rail champion

September 27, 2017 9:18 am

The Alstom-Siemens merger has been mooted for years and completes the transformation of the French group which sold off its energy business to American rival General Electric in 2015 for 9.5 billion euros (USD 11.3 billion).

Alstom approves GE's $17 bn offer to buy its power business

June 23, 2014 2:14 pm

Alstom has approved USD 17 billion offer made by General Electric to acquire its global power business.

General Electric makes $389 mn tender offer for Alstom India units shares

May 05, 2014 2:56 pm

General Electric's offer comes following its $16.9 billion bid to buy Alstom SA's energy unit.

Siemens and France weigh in as GE preps Alstom deal

April 28, 2014 9:32 am

French minister has confirmed that U.S.-based General Electric wants to buy Alstom power arm.

Alstom shares suspended on reports of GE bid

April 25, 2014 11:35 pm

Trading in Alstom shares was suspended pending a statement from the company.

Talks rife on GE making bid for Alstom

April 25, 2014 1:11 am

The group was bailed out by the French state a decade ago and has strongly relied on orders from national rail operator SNCF and utility EDF.

Delhi: My nails were pulled out,rescued domestic help tells cops

October 05, 2013 12:44 am

Girl alleged that she was often forced to eat and sleep in the bathroom.

A higher stake on Indian market

October 18, 2010 11:34 pm

Global power equipment major Alstom is sharpening its focus on the Indian power market as the government focuses on facilitating domestic manufacturing capacity for power equipment.