India-based private equity firm Everstone Group has completed the acquisition of Modern Foods, a bakery business of the Hindustan Unilever Limited (HUL). Following the acquisition, Everstone aims to triple the brand's revenue to Rs 10bn ...
Tags: Everstone, Modern Foods, Acquisition, Bakery business, HUL
The 3rd China-Belarus Industrial Park Coordination Working Group Meeting was held in Minsk of Belarus on January 30. Vice Supervisor of the Working Group from the Chinese side, Chinese Assistant Minister of Commerce Zhang Xiangchen and ...
Tags: China-Belarus investment cooperation, trade and investment policies
Pennsylvania governor Tom Wolf has rejected a bill to privatize the sale of alcohol, which may result in closure of around 500 liquor stores in the state. The house bill 466 has been vetoed by the governor to reform state liquor system ...
Dutch brewing company Heineken has opened a new €110m greenfield brewery in Kilinto, Ethiopia, in a move to cater to the increasing demand for beer in the country. This development comes after the Ethiopian government invited ...
Tags: beer, brewery, Agriculture
The private hospital sector is an emerging part of China’s healthcare market, and is expected to maintain double-digit growth over the coming years, driven by regulatory changes, market demand and capital investments. Specialty ...
Tags: Specialty Hospitals, Medicine
One of Vietnam’s largest apparel exporters and government owned - Vietnam National Textile and Garment Group (Vinatex) raised around VND1.22 trillion or US$ 58.10 million through an initial public offering (IPO). Vinatex sold more ...
Tags: Vinatex, Raise, Accessories
The Government of Iran has issued instructions to oil refineries and petrochemical units to not to reduce their feedstock supply to downstream petrochemical units, reports Shana. The order issued by Iran’s Minister of Petroleum ...
The US government announced Friday it was giving up its key role overseeing the Internet's technical operations, handing over those functions to "the global multi-stakeholder community." The move "marks the final phase of the ...
Tags: Internet, domain name system, Computer
India is currently the fifth largest economy of the world and is developing at a fast pace. The maximum growth is reported from the construction sector and minimum growth is observed from the agriculture sector. The primary industrial ...
Robotics address the need for speed for product placement into packaging. Bosch Packaging TechnologyEnergy and raw materials are becoming more expensive, and consumers want to do more for the environment. This is forcing manufacturers of ...
Tags: Robotics, environment, innovations
John Sommers II for Transport Topics American Trucking Associations is calling on Congress and federal policymakers to act on a list of issues in 2014 that ATA said would improve the nation's economy and make highways safer. Among the ...
The US trucking industry has several wishes it would like to see fulfilled in 2014, which it says would contribute to a more productive industry. “This time of year is a good one for self-reflection and analysis,” said ATA ...
Tags: US trucking industry, ATA, Bill Graves, 2014 wish
Belarusia has proposed to Russian oil producer Rosneft to take part in the privatization of one of its two large oil refineries,Belarusian Deputy Prime Minister Pyotr Prokopovich said on Friday. Belarus has offered Rosneft an option to ...
Tags: Belarusia, Rosneft, oil refineries, privatization
The Pakistan Minister of State for Commerce, Textile & Privatization, Engr. Khurram Dastgir Khan, has successfully concluded his visit to Eastern European countries with his last stop at Poland where he met with Deputy Trade Minister Danuta ...
Tags: GSP+Status, Textile
In a move to overhaul an inefficient industrial sector, Libya is considering the sale of Misrata-based steel plant Libyan Iron and Steel Co (LISCO), along with eight other state-owned companies from various sectors, Libyan Industry Minister ...
Tags: Metallurgy, Mineral, Energy