IRIS reported that Shriram EPC, a leading service provider of design, engineering, procurement and construction and project management services announced that it has bagged an order amounting to IDR 275.57 billion. The project is for the ...
Tags: Shriram EPC, design, engineering, procurement, construction
The West Australian reported that BC Iron surged more than 9% after the iron ore miner raised USD 47 million in a placement at a premium as part of a deal with Fortescue Metals Group to take a bigger stake in its Nullagine JV project. BC ...
Tags: BC Iron, iron, steel, metel market
A JV between United Pipeline Systems Inc and Special Technical Services of Oman has secured USD 21 million worth of contracts for projects across the MENA region. A Kuwaiti contract will see the pair supply and install a proprietary ...
Cigna Global Health Benefits has signed a joint-venture (JV) agreement with Saudi Arabian Insurance Company (SAICO) to further expand its partnership and product offerings across the Middle Eastern region. Subject to regulatory approvals ...
Tags: Cigna Global Health Benefits, product offerings, health insurance, health
Coca-Cola Enterprises (CCE), a marketer, producer, and distributor of Coca-Cola products will announce two new sustainability proposals that obligate the company to setting the standard for sustainable packaging, achieving zero waste. In ...
Muller Quaker Dairy, the US joint venture between Muller and PepsiCo, has confirmed its plans to enter the dairy category in the country with the launch of a line of premium yoghurts. Announcing the move, the company claims its new line ...
Tags: Muller, PepsiCo, dairy category, premium yoghurts
BS reported that after the shutdown of Vedanta Aluminium’s one million tonne alumina refinery at Lanjigarh on December 5th 2012 the Odisha government seems to have woken up, albeit belatedly to the raw material crisis that has ...
Tags: Vedanta Aluminium, tonne alumina, raw material, steel, mines
Myanmar's reformist government is under fire for its brutal crackdown on peaceful protests against the copper mining project in Monywa, Sagaing Division. The police action which left several monks seriously injured has enraged the Myanmar ...
Tags: copper mining project, crushing resistance, Latbadaung mine
PTI reported that China’s leading car and sports utility vehicle maker Great Wall Motor Co is planning to enter the Indian market, following the footsteps of compatriot commercial vehicles manufacturer Beiqi Foton Motor Co. Mr ...
Tags: car, utility vehicle, Great Wall Motor, Indian market
Business Line reported that Power Grid Corporation of India's board of directors has approved the establishment of JV companies with Odisha Power Transmission Corporation Ltd and Bihar State Power Co Ltd for taking up intra state ...
Tags: JV companies, Odisha Power Transmission Corporation Ltd
Tesco has confirmed details of its planned withdrawal from the Japanese market, which was initially announced last year. Through its formation of a joint venture with Japanese retailer Aeon, the company will gradually hand over control of ...
Tags: Tesco, Aeon, withdrawal, Japanese market, earnings details
Arvind Lifestyle Brands, a subsidiary of Arvind Ltd, one of the largest players in the apparel brands and retail space, today announced the signing of an exclusive distribution agreement with the iconic surf lifestyle brand Billabong in ...
Tags: Arvind Lifestyle, apparel, Billabong, exclusive distribution
Bloomberg reported that Aluminium Corporation of China Limited is seeking to tap bauxite resources and build processing plants abroad after Indonesia the largest supplier to China, curbed exports. Mr Luo Jianchuan president of Chalca said ...
Tags: iron ore price news, aluminium frames, mining, alumina
Business Line reported that TATA Motors is looking to source more auto components from Korea that are both good in quality and more cost effective than those imported from the US, Europe and Japan. Mr SB Borwankar executive director of ...
Tags: Business Line, TATA Motors, auto components, auto parts
AFP reported that Sudan and Saudi Arabia are targeting 2014 start for deep water mining of a Red Sea basin believed rich in gold and copper. Mr Ali al Naimi Saudi Minister of Petroleum and Mineral Resources said that Manafa ...
Tags: deep water mining, gold exploration, copper exploration