Hinduja Global Solutions acquires Colibrium
ABG Shipyard, GTT sign pact for LNG technology
Grasim Invests Rs 100 crore to develop first fabric brand
Mumbai: Grasim Industries has invested Rs 100 crore (US$ 15.96 million) to develop its first fabric brand, Liva’, which it will distribute through 1,000 outlets as part of a plan to stay in sync with changing consumer behaviour. `Liva’ is the first viscose staple fibre brand from Grasim, the …read more
NSIC signs MoU with Ministry of MSME for the Year 2015-16
Prataap Snacks looks to raise $50-70 million from PE investors
Mumbai: Prataap Snacks Pvt Ltd, plans to raise US$ 50-70 million from private equity (PE) investors to fund expansion. The company plans to use the money to increase manufacturing capacity and expand its geographical presence to tap growing demand for its products in a country where consumption of snacks …read more
Delhi-Panipat NH-1 stretch to be expanded to eight-laned highway
New Delhi: The Delhi-Panipat stretch of NH-1 would be expanded to an eight-laned dedicated highway in the next three years. To meet the increasing demand of traffic growth, National Highway Authority of India (NHAI) is set to award this project on toll mode by this month-end.
Chhattisgarh to invest Rs 9500 crore for road upgradation
Raipur: Chhattisgarh plans to invest Rs 9,500 crore (US$ 1.51 billion) to upgrade 44 roads in the state. The project is expected to be completed in 21 months.
AG to raise stake in SBI insurance joint venture to 49%
Mumbai: Insurance Australia Group Ltd (IAG) is set to raise its stake in its general insurance joint venture (JV) with the State Bank of India (SBI) from 26 per cent to 49 per cent.