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HCL to develop IT infrastructure for Alstom

Under the agreement, HCL will leverage its IT infrastructure capabilities to provide workplace engineering services, roll out PC as a Service (PCaaS) for 30,000 users worldwide and will enable local end-user support services across 360 locations in 62 countries.

GE to cut up to 6,500 jobs in energy units acquired from Alstom

General Electric said Wednesday it plans to cut up to 6,500 jobs in Europe from the energy units it acquired from France`s Alstom last year.

Alstom to supply 800 electric engines to Indian Railways

Alstom Thursday said it has received letter of award for 3 billion euro contract from Indian Railways to supply 800 electric locomotives with a long-term associated maintenance.

FDI in Railways: GE, Alstom to set up Rs 40,000 cr factories to provide 1,000 locomotives

FDI in Railways: GE, Alstom to set up Rs 40,000 cr factories to provide 1,000 locomotives

The contract agreements with both GE and Alstom will be signed in a month.

Alstom in major share buyback after GE deal

Under the offer, 91.5 million shares, amounting to 29.5 percent of capital, will be repurchased at 35 euros apiece.

EU approves $13.4 billion GE's Alstom buyout

The EU announced Tuesday it had approved a deal under which US giant General Electric will acquire the energy business of French company Alstom for 12 billion euros (USD 13.4 billion), after Alstom agreed to sell some assets to an Italian rival.

EU regulators have approved GE-Alstom deal: Source

The European Union has approved a deal under which General Electric will acquire the energy business of French company Alstom for USD 12 billion, a source close to the transaction said Monday.

FDI in railways: GE, Alstom ahead in race for bagging loco projects in Bihar

GE and Alstom are believed to be ahead of other bidders in the race to bag contracts for the setting up of multi-crore diesel and electric locomotive factories in Bihar that are among the top eight infrastructure initiatives which are being monitored by the PMO.

Alstom's proposed JV bags Rs 1,497-cr contract from DFCCIL

"The proposed joint venture of Alstom India Ltd (AIL) and Alstom Transport S.A. (ATSA) has been issued a letter of acceptance by Dedicated Freight Corridor Corporation of India Ltd," Alstom said in a BSE filing on Thursday.

Alstom to hire up to 1,000 engineers in India in 3-4 years

French engineering major Alstom plans to hire 200-250 engineers annually in India over the next 3-4 years as it looks to double business to 800 million euro (about Rs 5,700 crore) in the country.

Alstom T&D gets Rs 109 cr order from PowerGrid

"Alstom T&D India has been awarded a contract...By Powergrid Corporation of India Limited (PowerGrid) to supply ten 765 kV 500 MVA 1-ph auto transformers," the company said in a statement.

Alstom Bharat Forge begins production at Sanand plant

Set up over an area of 185,000 square meters, the site boasts of an annual capacity of 4000 MW and producing equipment for several major power projects in India.

CCI approves acquisition of Alstom's India assets by GE

Fair trade regulator Competition Commission of India (CCI) has approved the acquisition of Alstom's India assets by General Electric as part of global deal.

Alstom T&D India to supply transmission equipment to BARC unit

The equipment will serve as the main receiving substation to cater to power supply requirement of the Chitradurga unit, Alstom said in a statement.

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.

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.

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.

Another charge in Alstom bribery case likely

A former Alstom SA official is expected in court here on Thursday to face charges of corruption and conspiring to dishonestly obtain services in relation to transportation contracts in India and Poland.

Alstom to pay USD 772 mln to settle bribery charges in US

French engineering giant Alstom has pleaded guilty and will pay USD 772 million to settle charges of paying bribes to foreign government officials to win contracts around the globe, the largest-ever fine levied by the US against a company for violations of bribery-related charges.

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.