US locomotive aftermarket supplier PowerRail has received an investment from New Heritage Capital. The deal is intended to support expansion, acquisitions and a broader product portfolio while management retains operational control.
There’s been good news and bad news for various sections of the Indian telecoms industry in the country’s recent budget, though many headlines have focused on government plans to increase the basic customs duty on specified telecommunications equipment…
Michail Stahlhut, who is leaving his position as Chief Executive Officer of Hupac this month, is joining the Rotterdam-based Rail Innovators Group (RIG) on 1…