All articles by Praveen Duddu

Praveen Duddu

Companies to decrease business travel over the next 12 months due to COVID-19: Poll

Business travel is expected to be extensively monitored as the COVID-19 pandemic presents new challenges.

Few employees want to return to office full-time when lockdowns are eased: Poll

Remote working or working from home has become the new norm during the COVID-19 times which call for maintaining physical distancing and complying with lockdown measures to curb disease spread.

Deals this week: Thales, Stadler, Deutsche Bahn

A Thales-led consortium also comprising Leonardo, Ingegneria & Software Indistriale (I&SI) and SE.GI has secured a contract to install new security systems at 61 stations operated by Rete Ferroviaria Italiana (RFI) in Italy.

Deals this week: Mercitalia Rail, Alstom, Stadler

Italian State Railways (FS Italiane Group) subsidiary Mercitalia Rail and its unit TX Logistik (Polo Mercitalia) are set to purchase 125 next-generation TRAXX electric locomotives for €400m ($470.98m).

Deals this week: Thales, ABB, Transtech

Thales has been awarded a contract by the China Steel Corporation (CSC) in support of the Ankeng Light Rail Transit (LRT) project in Taiwan.

Deals this week: Bombardier NUG Propulsion System, Proven Management, Hofmann Engineering

A Chinese joint venture between Bombardier Transportation and New United Group (NUG) known as Bombardier NUG Propulsion System (BNP) will supply Mitrac propulsion and control equipment for 264 metro cars, which are set to operate on the Nanchang Metro Line 3 and Line 2 Extension Project in China.

Deals this week: Transmashholding, Judlau, Liebherr-Transportation Systems

Russian company CJSC Transmashholding has signed a €2.5bn ($2.95bn) deal with the Iranian Industrial Development and Renovation Organisation (IDRO) to set up a rolling stock manufacturing joint venture (JV) in Iran.