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Larsen & Toubro (L&T) has sold its plastics machinery business to Toshiba Machine Co of Japan in line with its strategy to exit non-core businesses. Rs11 crore and sales of Rs206 crore in the last fiscal, had a 22-25% share of domestic plastic
Since we looked at Terex last year , the company hasn't been able to improve on its two-point score. But even though the company's shares are down 40% over the past year, the construction equipment maker has returned to profitability after a long
has also come back down to Earth, but that's precisely where the comparison ends. Back in February, I declared that Terex was poised for a pullback after perceiving an overdone rally in the shares. I had turned bullish on the stock four months before
Story continues below The situation is very terrible at the moment because there are so many stories about the debt crisis out there and nobody knows what the solution is, said Markus Wallner, a senior equity strategist at Commerzbank AG in Frankfurt.
U.S. construction-equipment maker Terex Corp. formally launched a $1.3 billion unsolicited offer for German rival Demag Cranes AG, the latest deal to test Germany's tolerance for hostile bids by foreign companies. Terex signaled the bid earlier this
needed a fresh boost of momentum, it reached across the Atlantic for a new lift from cranes. Just over two years after grasping initial access to the container-port-equipment industry with the acquisition of Fantuzzi , Terex is now fighting for a
Story continues below "Investors see bin Laden's death as a very positive thing for sentiment for now and as a reason to buy," said Markus Huber, head of German sales trading at ETX Capital in London. "Everyone is very positive at the moment as there
L&T plans to sell stake in some less-than-equal JVs Last updated on: March 28, 2011 10:51 IST Share this Ask Users Write a Comment H owever, it is still not clear what will happen to L&T's equal JV with Flowserve Corporation USA -- Audco India
The new production plant marks the company`s production capacities in the region about 8,000 square metres to cover a total of more than 10,400 square metres with a possible extension of 6,000 square metres. Besides Standard Cranes and crane
The equipment consignment was of SMS (Steel Melting Shop) for Tata Steel's 6mtpa steel plant, which had been supplied by SMS Demag, Germany. The consignment, shipped from Porto Marghera port of Germany, was received at Visakapatnam Port recently.