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Hundreds of people were injured Tuesday when a subway train slammed into the rear of another train in a sprawling transit line that had opened just last year in Shanghai. The accident cast new scrutiny on the blighted safety record of China 's
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Bouygues SA said Wednesday its first-half net profit fell 27% to 391 million ($564.7 million) due to a lower contribution from its stake in Alstom SA. Separately, Bouygues announced a plan to buy back 1.25 billion worth of its ... Bouygues SA said
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Hopes were raised today that a British trainmaking company that recently lost out to Germany on a big UK order could win a 1 billion contract for the cross-London Crossrail scheme. The Government has faced much criticism since it awarded the
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Any hope that the British government would save Bombardier's Derby train factory, Europe's biggest, died this week when prime minister David Cameron refused to reopen the bidding process. The decision means that Bombardier will almost certainly cease
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The company is in the process of demerging its distribution business (medium voltage systems, equipment and related automation) into a wholly-owned subsidiary Smartgrid Automation Distribution and Switchgear Ltd. Basu said the business to be hived
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French energy firm Alstom and Hindustan Construction Company for EPC/Turnkey execution of Tehri Pumped Storage Plant (4X250 MW). The project, scheduled to be completed in 54 months during the 12th plan, would add additional generating capacity of
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The consortium proposed candidate for the Spanish high speed train Jeddah-Makkah-Medina in Saudi Arabia, estimated at 7 billion euros, would have won the tender, several Spanish media said Tuesday.Contacted by AFP, Renfe, a
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Alstom Projects India Ltd today said it has won three major contracts worth above Rs 270 crore (over 40 million euro) to build 293 MW hydroelectric projects in Sikkim and Himachal Pradesh. "With these new contracts, Alstom will be able to support the
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David Noton Photography / Alamy/Alamy Siemens will keep a 600m (£527m) train order from Eurostar after the high court rejected claims from French rival Alstom that the bidding contest was flawed. The victory comes weeks after the German manufacturing
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The German company, along with ABB, Areva and Alstom, was part of a secret cartel that lasted for 16 years. Photograph: Sean Gallup/Getty Images National Grid is battling in London's high court for access to secret documents relating to its £235m
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