Voltas, a Tata Group Company, has inked a deal for marketing and selling textile equipments produced by Switzerland-based Benninger AG in India, a statement from Voltas said. Marking its presence in the textile industry for over 150 ...
US based automaker Ford's Indian subsidiary has sold about 10,899 vehicles including wholesale and export units in December 2012. Ford India reported sales of 6,517 vehicles, a 9% increase compared to the 5,978 units sold in the ...
Tags: utomaker, Ford, Indian subsidiary, vehicles
US carmaker General Motors’ Indian subsidiary is planning to launch the Chevrolet Enjoy multi purpose vehicle (MPV) in India in the first quarter of 2013. General Motors India is expecting high opening demand for the new MPV saying ...
Tags: General Motors, Indian subsidiary, Chevrolet Enjoy MPV, 2013
Messe Frankfurt,the company behind Light+Building,is to launch a new lighting trade show in India. Light India will take place in New Delhi from 5-8 October 2012.The event will be held every two years and the main product groups of the ...
Tags: Messe Frankfurt, Trade Show
Oracle has agreed to pay a $2 million penalty to settle charges that it did not have proper controls to prevent employees at its Indian subsidiary from secretly setting aside funds from the company's books, the U.S. Securities and Exchange ...
Tags: Oracle, penalty, Indian subsidiary, SEC charges
Bosch Packaging Technology India has opened its new Rs340m (€5m) manufacturing facility in the Indian state Goa. The plant was built on 33,000m2 land and has current annual production capacity of 200 machines which is expected to ...
TMC's Indian subsidiary Toyota Kirloskar Motor (TKM) is planning to build mid-class luxury sedan Camry at its Bengaluru facility starting this July. As part of the phase-II expansion, the company aims to invest INR8.98bn ($175.16m) at the ...
Tags: Toyota Kirloskar Motor, luxury sedan, engine and transmission plant
US-based International Flavors & Fragrances (IFF) has opened a new flavor production facility in New Delhi, India, as a part of its plan to strengthen its presence in emerging markets. The new facility, located in Gurgaon, will develop ...
Tags: flavor production facility, emerging markets, foods, sweets, beverages
DuPont plans to establish a food application center in India,as a part of its plan to strengthen its food and nutrition business in the country.The new center will develop customized food solutions for the local market. The center would ...
Tags: food solutions, food application center, nutrition, health
Formica is planning to acquire the Indian firm Well Pack Papers & Containers' HPL operations in the western Indian state of Gujarat. The deal will be conducted by its Indian subsidiary Formica Laminates (India). The parties put pen to paper ...
German luxury car manufacturer Audi's Indian subsidiary, Audi India, has recorded 50% rise in its sales in April with 562 cars sold, when compared to the 375 cars sold during the corresponding month last year. During the period from ...
Tags: luxury car, Audi, luxury SUV segment, carmaker
Commercial Vehicle Group's Indian subsidiary CVG Seat has acquired all the seat assembly assets of Vijayjyot Seats for $13.7m. The transaction also includes an additional earn-out potential of about $1.9m based on earnings before ...
Tags: Commercial Vehicle Group, CVG Seat, Vijayjyot Seats, school and coach bus
Huhtam ki Oyj's Indian subsidiary, Paper Products has acquired 51% of the shares in Webtech Labels Private, which manufactures pressure sensitive labels to pharmaceutical customers, for about €7m. According to the Finland-based ...
Tags: Paper Products, pressure sensitive labels, foodservice
South Korean carmaker Hyundai Motor's Indian subsidiary is planning to begin exporting Eon car from India within a month to the South Asian and African countries. The company's move is expected to help its local unit partly balance the ...
Tags: hyundai, eon car, car production, vehicles
Stork Prints' Indian subsidiary Stovec Industries Ltd. will be demonstrating its unrivalled expertise in many different aspects of rotary screen and digital printing for the textile industry at the ITME, December 2 – 7 at the Bombay ...
Tags: Stovec, ITME, RD VI Gold