Mars Food has completed the acquisition of Connecticut-based Preferred Brands International, a manufacturer and marketer of all-natural, ready-to-heat Indian and Asian food products sold mainly under the Tasty Bite brand. Preferred Brands ...
Tags: Mars Food, food products
Nestle has recommenced production of Maggi Noodles at all of its facilities in India, in an effort to make up for the lost time that cost the company Rs 4.5bn ($67.4m) when it was banned for five months due to excessive presence of lead in ...
Tags: Nestle, Maggi Noodles
Tata Power announced it has launched a LED tube light initiative in partnership with Osram India and other equipment manufacturers in Indian city Mumbai, reported The Hindu. Under the initiative program, consumers can purchase five ...
Hosiery and knitwear brand Dollar Industries which is is headquartered in Kolkata, will invest Rs 25 crore to set up a new facility at Ludhiana, according to media reports. The company has manufacturing facilities at Kolkata, Tirupur ...
Tags: Dollar Industries, Apparel
Grasim Industries Ltd., a flagship company of the Aditya Birla Group, has informed the Bombay Stock Exchange (BSE) that it has commenced commercial production at its Greenfield Viscose Staple Fibre (VSF) plant at Vilayat village in Bharuch ...
In a filing with the Bombay Stock Exchange (BSE), Pantaloons Fashion & Retail Ltd which manages 75 lifestyle stores across India, says that it plans to raise up to Rs 500 crore, through different means, including a rights issue. In the ...
Tags: Pantaloons, Apparel, Accessories
India-based automobile manufacturer Hindustan Motors has suspended production of Ambassador cars at its Uttarpara plant located outside of Kolkata. The move by the company came due to weak demands combined with lack of funds and doubts on ...
Tags: Auto Parts, Accessories, Car
Piramal Glass, a leading glass packaging company in India, jumped on Monday after it registered a sharp rise in consolidated net profit for the quarter ended September 2013. During the quarter, the profit of the company rose 2.12 times to ...
Tags: Q2 Earnings, Piramal Glass
Tata Consultancy Services is to acquire French IT services company Alti in a bid to increase its presence in the European market. India's largest outsourcer said in a filing Tuesday to the Bombay Stock Exchange that it has signed ...
Tags: Computer Products, software
Indian food group Britannia Industries has booked an increase in sales and profits in its third quarter. The biscuit manufacturer said yesterday (11 February) its net profit increased to INR569.6m for the three months to the end of ...
Tags: Britannia Industries, sales, profits, third quarter
Aditya Birla Nuvo reports results for quarter ended 31st December 2012 -Revenue grew by 10 per cent to Rs.6, 305 crore -EBITDA rose by 29 per cent to Rs.1, 090 crore -Net profit surged by 28 per cent to Rs.323 crore For the ...
Tags: Fashion Retail, Sales, Aditya Nuvo
ORL is an Indian producer of special refractories and monolithics listed on the National Stock Exchange of India as well as the Bombay Stock Exchange. The selling shareholders that hold the largest stake of the 43.6% are the immediate ...
Tags: special refractories, monolithics, iron industry, steel industry
Nokia is planning to transfer up to 820 employees to HCL Technologies and Tata Consultancy Services and lay off up to 300 people as the company reorganizes its IT organization. The goal is to reduce operating costs and create an IT ...
TATA Steel was conferred with the ASSOCHAM CSR Excellence Award 2012-13 by ASSOCHAM at the fifth edition of the ASSOCHAM CSR Summit held today in New Delhi. TATA Steel was announced as a winner in the Large Corporate Category and the award ...
Tags: TATA Steel, ASSOCHAM CSR, Award, 2012
Indian outsourcer Satyam Computer Services said Friday that about 8.22 billion Indian rupees (US$155 million) in its fixed deposit accounts will be frozen for 150 days by India’s Directorate of Enforcement in connection with charges ...
Tags: liquidity, outsourcing, satyam, satyam computer devices