SEL Manufacturing Company Limited, a Ludhiana based integrated textile conglomerate, has registered a turnover of Rs. 1381.58 crore during the quarter ended 30th June, 2013 as against Rs. 634.76 crore in the corresponding quarter last year, ...
Tags: integrated textile, SEL Textiles
According to the latest financial report released by Hong Kong-based conglomerate CITIC Pacific, a diversified company with a primary focus on special steel manufacturing, iron ore mining, energy and property, in the first half of the ...
Tags: CITIC Pacific, Mineral
In the three years following a cartel breakdown, the number of mergers is significantly higher than in the three years preceding the collapse. A recent study conducted by the Centre for European Economic Research (ZEW) in Mannheim has ...
Tags: cartel breakdown
UK-based diversified insurance company Aviva is reportedly considering divesting its 26% shareholding in its Indian life insurance joint venture (JV) Aviva India, which represents its exit from the business in the country market. The ...
Tags: Aviva, Insurance JV
United States agrochemicals firm Monsanto has terminated its plans to grow new types of genetically modified (GM) crops in the European Union over lack of prospects for cultivation in the region. The company said that it will drop all the ...
Tags: Monsanto, genetically modified
A British motoring icon, the Land Rover Range Rover has a decades-deep reputation for being an upscale, go-anywhere vehicle at home in royal company or traversing Midlands fields. Under BMW ownership, the previous-generation Range Rover set ...
Tags: Land Rover Range Rover, Tata, all-aluminum body structure, SUV
Shawn Woods just got a huge order at his glass engraving business in Juneau. Woods’ excitement was contagious as he pulled out a delicate glass replica of the fastest hunk of junk in the galaxy: Han Solo’s Millennium Falcon. ...
Tags: Entrepreneur, Glass, Construction&Decoration
Wanda Hotels & Resorts, the hotel management unit of Chinese conglomerate Wanda Group, expects to become the biggest five-star hotel investor in the world in 2015. Bao Bo, vice president of it, said in an interview on June 13 that it was ...
Tags: Wanda Group, 5-Star Hotel
Egi MJG Float Glass, a joint venture between the Egi Community, Mara Group, JS Group and Ghani Group in River State today announced the groundbreaking for their first float glass manufacturing plant in Nigeria, which is valued at $210 ...
Tags: Float Glass, Glass, Construction
SEL Manufacturing Company Limited, a Ludhiana based integrated textile conglomerate having presence in yarns, knitted fabrics, terry towel, ready-made garments and captive power generation, has witnessed 70.57% jump in its turnover to Rs. ...
Netherlands-based financial conglomerate ING has received offers for its South Korean life insurance business from a Korean life insurer and two Seoul-based private-equity firms. The three bidders include Kyobo Life Insurance Co and ...
Tags: ING, Bids, Insurer Business
Australian miner Sundance Resources has announced that it is back in talks with investors regarding the development of its Mbalam-Nabeba iron ore project in Cameroon, following the decision to end takeover discussions with China-based ...
Consumer electronics conglomerate Samsung is to use an Intel Atom "Clovertrail" microprocessor in its forthcoming Galaxy Tab 3 model, the tablet computer that will go head to head with Apple's iPad. Intel's low-power system-on-a-chip will ...
Raleigh, N.C.-based Xanofi — developer of XanoShear? nanofiber production technology targeted to filtration, acoustic and other nonwovens applications — has signed a 10-year agreement with Seika Corp. — a Tokyo-based ...
Tags: Textile
Calik Holding, one of the largest industrial companies in Turkey that employs around 20,000 people, is planning to invest in Georgian apparel sector. A delegation of Calik, headed by the director of the company’s textile division, ...
Tags: Apparel Sector, Apparel