Macrotech Developers plan to invest Rs 2,800 cr on realty in FY22

Zoomlion’s First Corporate-Named Satellite Enters Orbit

Zoomlion Heavy Industry Science & Technology (1157.HK) has made history as the first global engineering machinery company to send a corporate-named satellite into orbit. At 00:31 Beijing time, the “Zoomlion” satellite was launched aboard the Jielong-3 carrier rocket from coastal waters near Rizhao, Shandong, as part of the Geely Constellation Group 04 mission.The milestone marks Zoomlion’s expansion from terrestrial construction sites to space, underscoring its commitment to digitalization, intelligence, sustainability, and global service reach — even in the world’s most remote e..

MYCRANE Trading Gets $50M Boost for UAE Launch

MYCRANE Trading, a newly formed crane sales, leasing, and maintenance provider headquartered in Dubai’s Jebel Ali Free Zone, has secured $50 million in funding from a DIFC-based investment holding company to launch its UAE operations.In partnership with MYCRANE, the world’s first global online crane rental platform, MYCRANE Trading will merge physical inventory with digital marketplace capabilities to deliver seamless sales and rental services across the Gulf Region. The combined portfolio will cover all terrain, crawler, rough terrain, and tower cranes, each backed by certified inspection..

BorgWarner Secures Major Electric Motor Deal with Leading Chinese Automaker

BorgWarner has won a significant contract from a major Chinese original equipment manufacturer (OEM) to supply advanced electric motors for its new energy vehicle (NEV) lineup. The platform-based motor design supports a wide range of applications, including battery electric and hybrid models, and integrates BorgWarner’s ultra-short hairpin welding process for improved compactness and space efficiency.“This contract represents another milestone in the growth of our electric motor business in China,” said Dr Stefan Demmerle, Vice President of BorgWarner Inc. and President and General Manag..