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CORPORATE
OVERSEAS INVESTMENTS:
Hindustan Sanitaryware plans acquisitions in Europe
In talks with cos focusing on high-end products. New Delhi, Oct. 10 Hindustan Sanitaryware and Industries Ltd (HSIL), the flagship company of the Somany Group, is looking for an acquisition in the range of Rs 130 crore to Rs 300 crore in Europe, ...
OUTLOOK:
AMW lowers sales target by 9,000 units
Availability of finance also an issue. Mumbai, Oct. 10 Truck makers Asia Motor Works (AMW), which had earlier set a sales target of 17,000 units for the current financial year, lowered it to 8,000. “We will end up at best selling 8,000 ...
HUMAN RESOURCES:
Bharat Forge, IIT-B ink pact
Bharat Forge, the flagship company of the $2.4-billion Kalyani Group and supplier to the automotive and capital goods industry, has signed a Letter of Intent (LOI) with the Indian Institute of Technology, Bombay (IIT-B) for creation of an ...
ANNOUNCEMENTS:
Opto Circuits drops acquisition
Opto Circuits India Ltd has dropped the proposal to acquire a European medical devices company as it felt that the price was not justifiable from the viability proposition for the company. The company had announced last month that it had signed ...
RESEARCH & DEVELOPMENT:
Rasi Seeds sets up Rs 10-cr research facility
To develop varieties resistant to virus, insects. Attur (Salem District), Oct. 10 Rasi Seeds foresees huge scope for rice varieties in ...
ANNOUNCEMENTS:
Setback for Orient Express’ dissident shareholders
Chennai, Oct. 10 Orient Express Hotels Ltd, the luxury hotel chain, today said that resolutions proposed by “two dissident shareholders” were ...
NEW PROJECTS:
SMS Pharma commissions plant for oncology APIs
SMS Pharmaceuticals, a manufacturer of active pharmaceutical ingredients (APIs), commenced operations at its new manufacturing facility for oncology segment located in Jawaharlal Nehru Pharma City ...
RESEARCH & DEVELOPMENT:
Glenmark asthma compound trials
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ALLIANCES & JOINT VENTURES:
Matrix, Aspen pact for divestment
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REGULATORY BODIES & RULINGS:
Aurobindo drug gets US nod
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