Page 4 - Hitachi
Johnson-Hitachi to halve imports, double exports over next 1 year
The move comes amidst the shrill calls for boycotting Chinese goods following violent skirmishes on the Leh border earlier this month that lead to the killing of 20 Indian soldiers
 "Johnson-Hitachi to halve imports, double exports over next 1 year")
Hitachi, Honda suppliers to merge parts biz to cut EV, self-driving costs
TOKYO (Reuters) - Hitachi Ltd <6501.T> will merge its vehicle components unit with Honda's <7267.T> three suppliers in a bid to cut development costs and better respond to a rapid industry shift to electric vehicles (EV) and self-driving.
 "Hitachi, Honda suppliers to merge parts biz to cut EV, self-driving costs")
Japan's top tech consultancy TechnoPro to invest $10 mn in local EV ops
TechnoPro, which plans to hire 10,000 engineers in India over 3 years, will focus on clients building charging and battery swapping infrastructure, where it is a domain expert
 "Japan's top tech consultancy TechnoPro to invest $10 mn in local EV ops")
Johnson Controls-Hitachi JV sets up global development centre in Gujarat
GDC at Kadi is the company's fourth globally, after two in Japan and one in China
 "Johnson Controls-Hitachi JV sets up global development centre in Gujarat")
Storm is brewing over renovating ministers' bungalows in Madhya Pradesh
Madhya Pradesh government in has spent Rs 4 cr on repairing official bungalows of ministers when the state's anganwadi centres are on the verge of closing down
 "Storm is brewing over renovating ministers' bungalows in Madhya Pradesh")
Hitachi to announce purchase of ABB's power grid business on Monday: Report
A source familiar with the situation has valued the power grid business at between $10 billion and $12 billion
 "Hitachi to announce purchase of ABB's power grid business on Monday: Report")
ABB nears sale of power grids units to Hitachi in $11 billion deal
Hitachi shares have declined 26 percent this year, valuing the company at about $28 billion
 "ABB nears sale of power grids units to Hitachi in $11 billion deal")
Hitachi Payment Services to focus on transit, digital payment solutions
The firm plans Rs 1 bn investment on implementing digital payment solutions for every metro project it wins
 "Hitachi Payment Services to focus on transit, digital payment solutions")
Hitachi brings data-driven solution Vantara to India
IT research firm Gartner claims more than $440 billion will be spent on IoT in 2020
Breach in our system led to debit card fraud: Hitachi
Monetary value of such transactions is not known, but banks have compensated the affected customers
Hitachi claims its systems were not breached in cyber attack
Over 3.2 million debit cards are said to be compromised due to virus/malware in switch provider system at Hitachi
 "Hitachi claims its systems were not breached in cyber attack")