
Terex GM: There is shift in demand towards modular crushing solutions
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Allison to Acquire Dana Inc.'s Off-Highway Business in New Agreement
Allison Transmission Holdings announced it has entered into a definitive agreement to acquire the Off-Highway business of Dana Incorporated, a leading provider of drivetrain and propulsion solutions, for approximately $2.7 billion. This acquisition aligns with Allison鈥檚 strategic priorities to expand its emerging markets footprint, enhance core technologies and deliver strong financial results. Upon completion of the transaction, Allison will be able to offer a wider range of commercial-duty powertrain and industrial solutions to more customers and end users worldwide.鈥淭his acquisition mar..

Fujitec India Secures Escalator Deal for Chennai Metro Phase 2 Line 3
Chennai Metro Rail Corporation (CMRL) has identified Fujitec India as the lowest bidder for the escalator contract of Chennai Metro Phase 2, Corridor 3. This corridor covers a stretch of 45.4 km from Madhavaram Milk Colony to SIPCOT 2, comprising 49 stations.As part of the bidding process, CMRL invited tenders for a contract with a duration of 2,070 days. When technical bids were opened on 6 November 2024, Fujitec India emerged as the sole bidder. The technical evaluation was conducted on 5 June 2025, followed by the opening of financial bids on 6 June 2025, confirming Fujitec India as the low..

Centre Issues New Advisory to States on Repurposing Smart City SPVs
The union government has issued an advisory to all states and union territories directing them to ensure that Special Purpose Vehicles (SPVs) and Integrated Command and Control Centres (ICCCs) remain functional across all 100 Smart Cities. The advisory recommends that states develop policies enabling these entities to charge fees for consultancy and service delivery.States have also been urged to integrate SPVs and ICCCs into their long-term urban governance strategies to sustain the progress made under the Smart Cities Mission (SCM). The government has highlighted the need to repurpose the in..