Alstom begins manufacturing of train coaches for Kochi Metro
France-based Alstom has commenced manufacturing of rail coaches for Kochi Metro Rail, coinciding with the Make in India concept promoted by the Centre, at nearby Sri City Special Economic Zone.
Mar 21, 2015, 19:32 PM IST
EU probes 12.4-bn-euro GE-Alstom deal
EU competition regulators launched Monday a probe into US group General Electric`s planned 12.4-billion-euro ($14.1-billion) acquisition of the energy business of French rival Alstom.
Feb 23, 2015, 22:22 PM IST
Alstom bags 25 mn euro contract from Delhi Metro
This new line is expected to open in December 2016 and will be 59 km long and includes 38 stations.
Feb 13, 2015, 18:07 PM IST
Alstom UK unit in court over fresh bribery charges
The UK unit of French train and turbine giant Alstom, already under fire over charges of bribing Delhi Metro officials, is faced with fresh allegations of corruption relating to a Lithuanian project.
Dec 22, 2014, 21:59 PM IST
Alstom shareholders approve sale of energy biz to GE
Shareholders of French firm Alstom have approved the sale of the company's energy businesses to General Electric. This would, however, be subject to various other approvals.
Dec 22, 2014, 12:50 PM IST
Alstom ex-India MD accused of bribing DMRC officials: Report
Robert Hallett had been named as the first person to face charges in connection with the Serious Fraud Office's (SFO) bribery investigation into the UK subsidiary of the French train and turbine giant.
Oct 31, 2014, 16:37 PM IST
Alstom bags euro 85 mn contract from DMRC for Kochi Metro
Global rail infrastructure and power generation firm Alstom today said it has won a euro 85 million (Rs 671.5-crore) contract from Delhi Metro Rail Corporation (DMRC) for supply of 25 metro sets to Kochi Metro Rail Ltd (KMRL).
Oct 27, 2014, 17:38 PM IST
Unnamed DMRC officials got bribes from Alstom, UK court told
Britain's Serious Fraud Office (SFO) had issued legal proceedings against Alstom Network UK Limited on bribery charges in India, Poland and Tunisia.
Oct 07, 2014, 20:01 PM IST
Alstom bribery charge: Govt to seek details from London
Government on Thursday decided to seek details from the Indian High Commission in London on the charges of bribery against Alstom UK in winning infrastructure orders for the Delhi Metro project.
Sep 11, 2014, 23:42 PM IST
Delhi metro scam: Alstom unit paid bribe to win contract, says UK prosecutor
The British subsidiary of French train and turbine maker Alstom paid around USD 8.5 million in bribes over a six-year period to win transport contracts in India, Poland and Tunisia, Britain`s leading fraud prosecutor alleged on Tuesday.
Sep 11, 2014, 10:31 AM IST
Alstom T&D India bags Rs 200-cr order from Power Grid
Alstom T&D India today said it has bagged a Rs 200 crore order from Power Grid Corporation of India Ltd (PGCIL) for upgrading grid substations in eastern parts of the country.
Jul 21, 2014, 19:20 PM IST
GE profits up as most industrial segments improve
General Electric Friday reported higher second-quarter earnings following cost-cutting efforts as it announced a late-July stock listing for its North American retail finance arm.
Jul 18, 2014, 18:44 PM IST
GE taps China CEO to lead Alstom merger
General Electric on Thursday said the head of its China business will transfer to France to lead the US company`s proposed buyout of Alstom`s energy businesses.
Jul 04, 2014, 01:58 AM IST
Alstom T&D bags Rs 27.7 cr order to supply GIS
The company has been localising GIS manufacturing activity in India since 2009 in Padappai near Chennai.
Jul 03, 2014, 15:23 PM IST
Alstom approves GE's $17 billion offer to buy its power biz
Meanwhile, the French government, on Sunday, said that it will buy 20 percent stake in Alstom from construction giant Bouygues SA.
Jun 23, 2014, 12:19 PM IST
France agrees to buy 20% stake in Alstom
The final obstacle to GE's USD 17 billion takeover of Alstom's power division was overcome after the French government agreed to terms with the French engineering company's main shareholder.
Jun 23, 2014, 04:57 AM IST
France backs GE bid for industrial jewel Alstom
Economy Minister Arnaud Montebourg said he had sent a letter of intent to GE head Jeff Immelt laying out the terms of the alliance.
Jun 20, 2014, 22:49 PM IST
Alstom battle heats up as rivals sweeten bids
The battle for French group Alstom heated up on Friday, as Siemens-Mitsubishi and General Electric sweetened their rival bids to win over the government and tie-up with the firm`s main power-generation division.
Jun 20, 2014, 12:57 PM IST
GE sweetens offer for France`s Alstom
General Electric on Thursday sweetened its offer for French power-to-rail group Alstom to win the government`s backing for its bid over a rival offer by Siemens and Mitsubishi.
Jun 20, 2014, 09:33 AM IST
GE sweetens offer for France`s Alstom
General Electric Thursday proposed several industrial alliances and the sale of its signaling business to Alstom as it seeks French government support for its purchase of Alstom`s energy assets.
Jun 19, 2014, 21:21 PM IST
