Tag: railway components
INFRASTRUCTURE Oriental Rail Infra In Pact With Russian Firm For 25-Ton Axle-Load Bogie

Oriental Rail Infrastructure Ltd (ORIL), through its wholly owned subsidiary Oriental Foundry Pvt Ltd, has entered into a Technology Development Agreement with Russia-based United Wagon Company’s design and engineering centre, VNICTT. Under the agreement, VNICTT will design and develop a 25-tonne axle-load bogie and a solid-bottom gondola car, including engineering design, technical documentation and technical […]

CW Bureau · Sep 4, 2026
MANUFACTURING Rane (Madras) Buys HCL’s Friction Business In A Slump Deal Of ₹370 Cr

Rane (Madras) Ltd (RML) has signed an agreement to acquire the friction business of Hindustan Composites Ltd (HCL) on a slump sale basis for an enterprise value of ₹370 crore, a move that will significantly strengthen its presence in India’s friction materials market. The acquisition will combine two established businesses to create a friction solutions […]

CW Bureau · Jun 30, 2026