BHEL-Hitachiv secures Khavda-Nagpur HVDC project from Power Grid

Bajel Projects Wins Orders Worth Over Rs 7 Billion

Bajel Projects has secured two EPC orders worth more than Rs 7 billion under the WR-ER Inter-Regional Network Expansion Scheme – Part A.The company has been awarded transmission line packages TL06 and TL02. Under its project classification policy, inclusive of GST, TL06 is classified as a Mega order worth Rs 300-400 crore, while TL02 is categorised as an Ultra-Mega order worth more than Rs 400 crore.The TL06 package covers the loop-in loop-out of the Ranchi (New)-New PPSP 400kV double-circuit line at Jamshedpur (New). The scope includes design, supply, erection, testing and commissioning of ..

LANXESS Q2 Sales Rise 6.5% to EUR 1.56 Billion

LANXESS reported a 6.5% year-on-year increase in sales to EUR 1.561 billion in the second quarter of 2026, compared with EUR 1.466 billion in the same period last year.EBITDA pre exceptionals rose 1.3% to EUR 152 million from EUR 150 million, while the corresponding margin stood at 9.7%, compared with 10.2% in Q2 2025. The improvement was supported by higher demand and increased sales volumes, while price increases largely offset higher raw material and energy costs.Compared with the first quarter of 2026, sales increased 13.3% and EBITDA pre exceptionals rose 61.7%. Free cash flow improved to..

Schaeffler India Appoints Amit Bhalerao as COO

Schaeffler India has appointed Amit Bhalerao as Chief Operating Officer (COO), effective August 10, 2026. He will lead the company's manufacturing operations across India and oversee operational excellence, manufacturing strategy, digital transformation and capability development.As a member of Schaeffler India's Executive Leadership Team, Bhalerao will work with business and functional leaders to strengthen the company's manufacturing footprint, improve operational performance and accelerate localisation initiatives. He will also focus on developing future-ready manufacturing capabilities acr..