Affinia Group has inked a definitive merger pact to sell its global filtration operations to Germany-based Mann+Hummel, exclusive of its South America business. Though Mann + Hummel remained tightlipped about the terms, a regulatory ...
Tags: automobile manufacture, Affinia Group, comapny acquisition
Chinese LED enterprises are spending a fortune in acquiring foreign manufacturers in 2015. A couple of examples include Shenzhen Kaifa Technology (Kaifa) recent acquisition of U.S. LED manufacturer Bridgelux, Shanghai Felio Acoustics ...
Tags: LED industry, LED Chip
Driven by strong volume growth and surge in domestic sales, revenues in the three months to June 30, 2015 at Indian home textiles major and BK Goenka led Welpsun India Ltd soared 18 per cent year on year. In the first quarter of fiscal ...
Tags: home textiles, textile
Textile segment sales in the first quarter ended June 30, 2015 grew 10.74 per cent year over year at diversified Indian manufacturer, Sintex Industries Ltd. In a BSE filing, the textile division of Sintex Industries reported sales of Rs ...
Tags: Textile Segment, Sintex Industries, Textile
Gujarat based producer of polyester multifilament yarn has commissioned and begun commercial production of a 3,500 tons per annum carpet yarn manufacturing plant. “This is a valued added product and will generate additional revenue ...
Tags: textile manufacture, fabric yarn, polyester multifilament yarn
US based vehicle remarketing services Cox Automotive has voluntarily pulled out its filing under the Hart-Scott-Rodino Antitrust Improvements Act as amended to provide the US Department of Justice additional time for reassessing the ...
Tags: automobile manufacture, Cox Automotive, auto accessories
Kellogg's has filed an application for obtaining patent in the US for its food cup packaging assembly system for better stacking and storage of food products. The conventional cups used for yogurt, ice cream, juice, and cereal, are found ...
Kumara Mangalam Birla led Aditya Birla Chemicals (ABCIL) and a company of the Aditya Birla Group said it has received shareholders’ approval for merging the company with Grasim Industries. “The merger between the two companies ...
Tags: ABCIL
Mangalore Refinery and Petrochemicals Ltd (MRPL) has commenced commercial production of polypropylene (PP) post-completion of its Phase III refinery expansion and upgradation project. In a filing to the BSE, MRPL said it successfully ...
Tags: polypropylene, PP Production
Driven by massive reduction in expenses, Future Lifestyle Fashions Ltd (FSFL) slipped in to profits in the fourth fiscal quarter ended March 31, 2015 as against a steep loss in the same quarter of previous fiscal. In a BSE filing, the ...
The UK's second biggest cigarette company Japan Tobacco International (JTI) has joined the fray, filing a lawsuit against the government's mandate for plain packaging. JTI's suit follows similar actions taken by Philip Morris ...
Kewal Kiran Clothing, a marketer of Killer, Lawman and Easies denim and apparel brands, reported an 18 per cent year on year surge in net sales for the fourth fiscal quarter ended March 31, 2015. In a BSE filing, the Kewalchand Jain led ...
Tags: Kewal Kiran Clothing, denim, apparel
Operating loss at Aditya Birla Group Company Pantaloons Fashion & Retail Ltd climbed down by a steep 26.16 per cent year on year in the fourth fiscal quarter ended March 31, 2015. Loss from operations before finance cost, other income ...
Brazilian food company BRF is set to establish a joint venture with UK-based Invicta Food Group to distribute processed foods in Britain, Ireland and Scandinavia. Reuters reported citing a securities filing that the company's ...
Tags: Processed Foods, BRF
Craft brewery New Belgium Brewing and American dairy company Ben & Jerry’s Ice Cream have partnered for a new ice cream-inspired beer. Both companies are big on going green and plan to raise environment awareness through this ...