India s Jaiprakash Associates is to sell its cement plant in Gujarat state to UltraTech Cement in a deal worth around $594m (INR:38bn) including debt. The companies told Bahrain's Gulf Daily News that UltraTech, India s largest cement ...
Tags: Cement, Construction
Conductiv, the market-leading mobile software commerce company, specializing in innovative cloud-based and handheld sales apps for the retail industry, announced the exciting addition of senior executives with Global Consumer Brand and ...
Tags: Textile
Morrisons' boss Dalton Philips said the supermarket's growth would come from expansion of its convenience and online businesses, in a statement accompanying the retailer's half-year results posted today (September 12). Morrisons' strategy ...
Tags: Agriculture, Food
Optoelectronic component maker rises on record sales as data centers demand more optical technology. Photonic component and subsystem manufacturer Finisar has delivered an all-time record for revenues in its latest quarter, thanks to ...
Tags: Billion-Dollar Sales
Fiber-optic communications component and subsystem maker Finisar, of Sunnyvale, CA, USA, has reported financial results for Q1 2014, which ended July 28, 2013, including "all-time record sales for a quarter",? according to executive ...
Tags: Finisar, Electrical, Electronics
Enware managing director Adam Degnan, left and executive chairman Paul Degnan, right, cut the cake at the 75th anniversary celebrations. One Australian manufacturer has beaten the odds and been able to innovate and steadily expand its ...
Microsoft is to acquire Nokia's Devices & Services business, which includes the smartphone and mobile phones businesses, and license the Finnish company's patents for a total of €5.44 billion (US$7 billion) in cash, the companies said ...
Tags: Microsoft, Nokia, Mobile Phones Business, Smartphones
Coal of Africa Limited's run-of-mine production fell 23% to 3.78 million mt of (ROM) mt in its 2012/13 year, with activity hit by a blocked rail line, flooding at a colliery, and strike action. CoAL also said Friday it processed 3.37 ...
Tags: Coal, Metallurgy, Mineral, Energy
CoAlign Innovations, a US-based medical device company, has received the US Food and Drug Administration (FDA) approval for its AccuLIF XL lateral expandable interbody fusion devices. The new AccuLIF interbody system utilizes low-profile ...
Almost all traditional Chinese footwear makers performed not well in the first half of this year due to an economic slowdown. 361 Degrees International Ltd. (SEHK: 1361), a Fujian-based sportswear maker, released operating data for the ...
Flowserve Corporation, a provider of flow control products and services for the global infrastructure markets, announced that its board of directors has elected Leif E. Darner as a member of the board. With the addition of Darner, the ...
Africa based automobile distributor Svani Motors will open a new vehicle assembly plant in Ghana, that will assemble vehicles for Indian vehicle manufacturer Mahindra. Under the construction plan, the distributor has acquired a 9.6acre ...
Tags: Svani Motors, Assembly Plant
OrotonGroup announced that, Sally Macdonald, who has served as CEO and MD for 7 years, has resigned and advised the Board that she will step down from her role, effective immediately. Ms Macdonald will work through a brief transition ...
Tags: OrotonGroup
Ivor Evans has been named Meritor's chairman of the board, chief executive officer and president, effective immediately, the company announced today. Evans, a member of Meritor's Board of Directors since 2005, has already been serving as ...
Tags: Meritor
EOG Resources is reaping such high volumes of liquids from key US resource plays that it has raised its 2013 year-over-year production growth target for oil and condensate to 35% from 28%, its executive chairman said Wednesday. At the ...