Archive for April, 2017

Shriram Automall at Akola

Shriram Automall has inaugurated its 67th Automall at Akola. Aimed at satisfying the demand of pre-owned vehicles and equipment, the automall is the 14th such facility in the north zone, and eighth such facility in Maharashtra. Strategically located on National Highway six, which runs through Akola from Hazira (Surat), and to Kolkata, the automall spreads over a sprawling area of[Read More…]

by April 24, 2017 News
Dharmesh Arora appointed MD of FAG Bearings India

Dharmesh Arora appointed MD of FAG Bearings India

FAG Bearings India has announced the appointment of Dharmesh Arora as its managing director, effective March 06, 2017. Arora will continue to hold his position as the president and chief executive officer of the Schaeffler Group in India (parent company of FAG Bearings India Ltd). He will also continue to be the managing director of INA Bearings India Pvt Ltd,[Read More…]

by April 24, 2017 News

Rivigo Services raises Rs.100 crore in debt

Logistics company Rivigo Services has raised debt financing of Rs.100 crore from a clutch of private sector banks to expand its fleet of trucks. The Gurgaon-based startup has raised about Rs.400 crore from some of the country‚Äôs largest private sector lenders, including Kotak Mahindra Bank, HDFC Bank, YES Bank, and ICICI Bank, to finance the ramping up of its fleet.[Read More…]

by April 24, 2017 News
New Demag AC 55-3 and AC 60-3 all-terrain cranes

New Demag AC 55-3 and AC 60-3 all-terrain cranes

Terex Cranes has introduced a three-axle AC 55-3 and AC 60-3 all-terrain crane. The three-axle 55-tonne and 60-tonne capacity models feature the latest industry advancements to increase productivity and reduce operating costs. The cranes have an automated counterweight rigging system for an easy and fast setup. The one-engine concept minimises operational and maintenance costs. The IC-1 Plus control system that[Read More…]

by April 24, 2017 News