*Disclaimer: List of key companies in no particular order
Latest Company Updates:
November 2023- Missile experts at Raytheon Technologies Corp. (R.T.X.) will provide critical components for this year's allocation of next-generation shipboard anti-air missiles to defeat enemy aircraft and missiles with an active radar seeker that can operate independently of the ship's launchers. Officials of the Naval Sea Systems Command in Washington announced a USD94.1 million order Friday to the R.T.X. Raytheon segment in Tucson, Ariz., for guided missile assemblies, shipping containers, and spare parts for the RIM-162 Evolved Seasparrow Missile (ESSM) Block 2.
November 2023- The H.C. bench of Justice Amarjot Bhatti dismissed the plea from the insurance firm, Bajaj Allianz General Insurance Co Ltd., arguing that the compensation awarded to the claimants was excessive and R.I.M. without justification. The Punjab and Haryana High Court (P.C.B.) has upheld the Motor Accident Claims Tribunal (MACT) order of awarding ₹89 lakh compensation to a Mohali-based tailor who had suffered permanent disability in a road mishap in 2017. The H.C. bench of Justice Amarjot Bhatti dismissed the plea from insurance firm Bajaj Allianz General Insurance Co Ltd., arguing that the compensation awarded to the claimants was excessive and without justification. The firm, while challenging the February 16 order of MACT, had also argued that there was a delay in lodging the F.I.R. and alleged that the said vehicle was never involved in the accident. The mishap took place on August 4, 2017, when Mohammad Rafiq, 50, a tailor, was going to Chandigarh on his scooter for some work. When he reached the roundabout of Y.P.S. School, a Swift car allegedly came at a very high speed and hit the scooter, leaving him critically injured.
Top listed global companies in the industry are:
- Hitachi (Japan)
- Nidec (Japan)
- Toshiba (Japan)
- and Synchrony (US). Fuji Electric (Japan)
- DanfossTurbocor (US)
- SKF magnetic mechatronics (Sweden)
- Regal Beloit (US)
- Turbo Power Systems (TPS) (UK)
- LTI Motion (Germany), and others.