>ENGINEERING SECTOR (CYGNUS)

INDUSTRY AT A GLANCE

OPERATIONS

1. Moog likely to acquire GE Aviation subsidiary, US
2. Engineering boss eyes major projects, Australia
3. Alstom to pick stake in Bhel-Nuclear Power JV, India
4. BHEL, BEL to float joint venture for solar panels facility, India
5. Alstom led consortium bags Rs5.63bn contract from BMRCL, India
6. Bhel, GE to build turbine workshop, India
7. BHEL bags Rs13bn order for Vallur project, India
8. Sadbhav Engineering bags order for Rs2.25bn from CIL's subsidiary, India
9. BHEL to supply 150 electric locomotives to railways, India
10. Thermax bags Rs10bn power plant order, India
11. BEML to establish R&D hub in Bangalore, India
12. Punj Lloyd bags Rs5.50bn contract from MRPL, India

CORPORATE

1. L&T pays Rs2.1bn advance tax, India

FINANCE

1. Aban Offshore to raise US$1 billion via GDR, share sale to QIB, India
2. Punj Lloyd raises Rs6bn via debenture issue, India

MERGERS AND ACQUISITIONS

1. SAIL buys Bharat Refractories, India

OTHERS
Engineering exports plunged by 31% in August, India

To see full report: ENGINEERING SECTOR