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Rotor Clip plans foray into India

Rotor Clip plans foray into India

World’s largest industrial clip manufacturer, Rotor Clip Company Inc. of USA plans to enter the Indian market by setting up a countrywide distribution network. The $80 million (Rs 450 crore)… Read more »

SAIL going ahead with Kobe steel joint venture in Durgapur

SAIL going ahead with Kobe steel joint venture in Durgapur

Steel major SAIL said it was going ahead with its joint venture with Japanese steelmaker Kobe steel to set up an iron ore nugget plant in Durgapur at an investment… Read more »

NeST buys Tyco’s Kochi unit

NeST buys Tyco’s Kochi unit

NeST Group has acquired the Kochi unit of Tyco Electronics Tools (India) Pvt Ltd, the Indian arm of the US-based manufacturing company. “We have bought the Tyco tool room at… Read more »

Walmart, Tesco will not be able to acquire existing retailers

Walmart, Tesco will not be able to acquire existing retailers

Multi-brand retailers such as Walmart and Tesco will not be able to acquire an existing retailer to make an easy entry into the Indian market, the government clarified on Thursday… Read more »

Maruti to close Gurgaon and Manesar plants

Maruti to close Gurgaon and Manesar plants

The country’s largest car maker Maruti Suzuki India will be going for a one day production shut-down at its two plants at Gurgaon and Manesar on Friday ahead of a… Read more »

RIL to invest Rs 1.5 lakh crore over three years

RIL to invest Rs 1.5 lakh crore over three years

Reliance Industries will invest Rs 1.5 lakh crore over the next 3 years, chairman Mukesh Ambani said on Thursday. Mukesh Ambani made the announcement while addressing shareholders at the company’s… Read more »

Amul to make paneer, ghee at NRI’s dairy plant near New Jersey

Amul to make paneer, ghee at NRI’s dairy plant near New Jersey

The large Gujarati and South Asian community settled on the US East Coast will soon be able to savour ‘The Taste of India.’ Amul is gearing up to start a… Read more »

ChrysCap invests Rs 250cr in CavinKare

ChrysCap invests Rs 250cr in CavinKare

FMCG firm Cavin-Kare on Monday said Mauritius-based private equity firm ChrysCapital has invested Rs 250 crore in it for an undisclosed stake. “This investment will be used to strengthen and… Read more »

Bata sets sights on women’s soles, to open concept stores

Bata sets sights on women’s soles, to open concept stores

The company, a step-down subsidiary of global shoe retailing giant Canada-based Bata Shoe Organization (BSO), will now shift its focus to women to power its business. The twin reasons: the… Read more »

Electrolux scouts for partner to enter India’s television and audio products market

Electrolux scouts for partner to enter India’s television and audio products market

Swedish household appliance maker AB Electrolux is scouting for a local partner to enter India’s television and audio products market through brand licensing, a top company executive has said. “India… Read more »