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Siemens wins international recognition for its motors manufactured in India

Siemens wins the “Global Efficiency Medal for Motors” for the Indian region in the First Ever Global Efficiency Medal Competition for Super-Efficient Electric Motors. The award was conferred by SEAD (Super-efficient Equipment and Appliance Deployment), an initiative of the Clean Energy Ministerial This award will enhance buyers’ ability to differentiate and choose among products on …

Argyle Diamond Mine celebrates 10 year anniversary of landmark Participation Agreement

20 November 2014 Rio Tinto’s Argyle Diamond Mine has celebrated the 10th anniversary of its landmark Participation Agreement with the Traditional Owners of the mine, the Gija and Miriuwung people. Signed in 2004, the Participation Agreement provides Traditional Owners with active participation in the economic benefits of diamond mining and a voice in the mining …

SSAB AB (PUBL) has obtained ownership of all the shares in Rautaruukki Corporation and the shares will be delisted

The arbitral tribunal appointed by the Redemption Board of the Finland Chamber of Commerce has today confirmed in an interim award that SSAB AB’s (publ) (“SSAB”) redemption right in accordance with the Finnish Companies Act over the minority shares in Rautaruukki Corporation (“Rautaruukki “) is clear, and that SSAB is entitled to obtain ownership of …

ThatsPersonal.com- First of its kind in India

Nov 18-2014- Compared to the abroad, where sex toys are a big industry, Indians are more staid, but not boring, and are developing a taste for the exotic like handcuffs, edible bras and body paints, delaying gels and adult card games, to add some zest to their love lives, according to a survey. The survey …

Rise of solar revolution in India: Dr. Tobias Engelmeier Founder and Director, BRIDGE TO INDIA

India’s new government under NarendraModi wants to make the country a favorite destination of international solar investment. To that end, a heavily publicized “RE Invest Summit”will be held in Delhi in February (link). Most international and Indian investors understand well the underlying, strategic case for solar in India. The question is: when will the bright …

ThyssenKrupp launches Sponsored Level I ADR program in the USA

The diversified industrial group ThyssenKrupp today launched a Sponsored Level I ADR program in the USA. The depositary bank for the ADR program is Deutsche Bank. ADRs are certificates representing shares of stock which allow US investors to indirectly hold shares in a non-US company and trade them in the USA. This makes it easier …

Megan Clark AC to join the Rio Tinto board

The Rio Tinto board announced today that Megan Clark AC will join the board as a non-executive director with effect from 20 November 2014. Dr Clark has had an extensive career in both the private and public sector in Australia, combining expertise in the metals and mining business with high-level experience in science, research and …

Supervisory Board resolves contract extension for Dr. Heinrich Hiesinger

In its meeting today, the Supervisory Board of ThyssenKrupp AG extended the contract of Executive Board Chairman Dr. Heinrich Hiesinger until September 2020. Hiesinger has been Chief Executive of the Essen-based industrial and technology group since January 2011. “Under Heinrich Hiesinger’s leadership, the Strategic Way Forward has set the course for the restructuring of ThyssenKrupp …