India expects to seal a contract with Westinghouse Electric Co LLC to build six nuclear reactors in the first half of next year, a senior government official said, in a sign its USD 150 billion dollar nuclear power programme is getting off the ground.
Hitachi Automotive Systems India will manufacture valve timing control systems and ignition coils from October this year at the facility at Panchanthiruthi village in Tiruporur Taluk in neighbouring Kancheepuram District.
Italian aerospace and defence group Finmeccanica has agreed to sell its rail business to Hitachi Ltd in a deal which will cost the Japanese conglomerate up to 1.9 billion euros ($2.2 billion) and cut Finmeccanica`s debt by 15 percent.
Hitachi will buy the rail and traffic signal businesses of Italy`s Finmeccanica for an estimated $2.1 billion, reports said Tuesday, as the Japanese firm looks to expand overseas and challenge major international railways firms.
Japanese multinational Hitachi and Kyushu University hope to develop a new low-cost test to detect cancer in one hour, by studying the reaction of roundworms after coming into contact with the urine of patients, media reported Friday.
Japanese electronics major Hitachi on Monday launched its range of "recycle" automated teller machines (ATMs) in the country, and is targeting to sell 1,000 of the gadgets in the next two years to 10 banks.