Date:24/05/2008 URL: http://www.thehindu.com/2008/05/24/stories/2008052455221600.htm

Business - Briefly

Bombardier forms venture with Russian firm

CHENNAI: Bombardier Transportation and Transmashholding of Russia have signed an agreement to establish a new joint venture to develop new generation locomotives using asynchronous propulsion technology. According to a release, the joint venture company will be located in Russia. — Corporate Reporter