Economic Times reported that HMT Ltd has plans to invest INR 200 crore for expanding tractors capacity, engine production and roll out premium watches as part of its strategy to reach INR 3,000 crore of turnover in the next 5 years. The ...
Tags: Economic Times, HMT Ltd, tractors capacity, engine production
One of the biggest dilemmas when buying a car is whether to purchase new or used. As we head toward the end of summer, the 2012 model year is winding down. There are tempting deals being advertised at every turn. In these dynamic economic ...
Woolworths Ltd today (23 July) revealed it was able to grow its full-year sales, despite the Australian retailer's supermarkets reporting falling prices. In an announcement to the Australian stock exchange, Woolworths said sales rose by ...
Tags: Woolworths Ltd, retail, supermarket, falling price
UK-based Warburtons is all set to launch a new £1 price-marked pack for its Sandwich Pittas to make the most on sandwich alternatives sector. Warburtons category strategy controller Martin Baptie said the Warburtons sandwich ...
Economic Times reported that ONGC will invest a staggering 27,800 crore or USD 5 billion for an 8.4% stake in an oilfield in Kazakhstan to give a big boost to India's energy security by partnering global majors in developing the world's ...
Tags: ONGC, energy security, oilfield, outbound investments
Economic Times cited a finance ministry official who declined to be named, in a move intended to attract more funds into the country as saying that the government will raise the limit on foreign investments in government and corporate bonds ...
Visitors from the fields of mechanical engineering, industry, skilled trades, architects/(façade) planners as well as the solar sector all gave glasstec 2012 a ‘good report’. Alongside the positive mood for the future ...
India is mulling over imposing stock holding restrictions on food commodities including pulses and edible oils, in order to control the increase in prices. According to Food Minister K V Thomas, the government is closely evaluating the ...
Tags: restrictions on food commodities, pulses and edible oils
India has launched a program to achieve more than 19 million tonne pulse in the Kharif season – the rainy season in the country which starts in May and ends in January. The program will focus on three crops - pigeon pea, green gram ...
Tags: pigeon pea, green gram, black gram
The Competition Commission of India (CCI) has approved Nestlé's proposed acquisition of Pfizer Nutrition business. CCI said that considering the instance that Pfizer is not involved in the Indian nutrition marketplace, it is not ...
Tags: acquisition, nutrition marketplace, business of nutrition
Indian automaker Hindustan Motors (HM) has started the local production of Mitsubishi's sports utility vehicle (SUV), Pajero, at its Tiruvallur plant near Chennai. The company has launched its locally assembled economical variants of ...
Tags: Hindustan Motors, sports utility vehicle, turbocharged diesel engine
Delhi-based mattress producer Springfit plans to spend Rs.5 billion over the next two years to expand its production facilities and marketing activities. The company intends to set up four manufacturing units in metro cities to meet the ...
Tags: mattress, production facilities, marketing activities, expansion
US-based industrial and food applications equipment firm Avure would open a new facility for producing 50 HPP systems annually, close to its headquarters at Franklin, Tennessee by the end of the year. According to the firm, it is ...
Tags: Avure, new facility, technologies
V-Mart, the multi-brand Indian retail chain, intends to float an initial public offer (IPO) to raise Rs. 1.2 billion to be utilized for opening more outlets. The company, which presently operates 62 outlets at 52 locations, intends to ...
Tags: V-Mart, retail chain, initial public offer, IPO
HSBC is planning to exit its insurance joint venture Canara HSBC Oriental Bank of Commerce Life Insurance Company in India, a second foreign company to depart Indian insurance sector. The JV was formed by Canara Bank, Oriental Bank of ...
Tags: HSBC, insurance joint venture, Commerce Life Insurance, Indian insurance