India based HR Food Processing, the owner of Osam Dairy, has raised INR450m ($6.6m) in a new funding round to expand its milk production capacities. Lok Capital and existing investor Aavishkaar led the Series B funding round, reported The ...
Tags: HR Food Processing, Osam Dairy
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
The Board of Directors of Grasim has approved the proposed merger of the Aditya Birla Chemicals (India) Limited (ABCIL), another Aditya Brila Group company, with Grasim. Grasim’s Board of Directors approved the swap ratio of 1 ...
Tags: Aditya Birla Chemicals, Grasim
Fashion turned out to be the second top most category, next only to mobile and electronics, at the recently concluded three-day Great Online Shopping Festival (GOSF 2014), organised by Internet giant Google. About 30-40 per cent of the ...
A new polypropylene plant will come up at IndianOil’s Paradip Refinery Project complex at Paradip in India’s eastern coastal state of Odisha. Foundation for the Rs 3150 crore polypropylene plant was laid by Minister of State ...
Tags: polypropylene plant, catalyst, Textile
Austria-based plantmaker Siemens Metals Technologies announced today, July 14, that it has received an order from Indian steelmaker Tata Steel to modernize the secondary emission system in its LD2 shop in Jamshedpur. The aim of the ...
Tags: Tata Steel, Siemens Metals Technologies, Metallurgy, Mineral
Jharkhand, the biggest silk producing state in India, is set to boost its silk production to first bridge the domestic demand-supply gap of 10,000 MT experienced by the country, and then to move closer to China in competition, Dhirendra ...
Tags: Jharkhand, Silk Output
The Indian Ministry of Textiles would provide a financial aid of Rs. 10 billion to the state of Jharkhand for developing sericulture (silk farming) to explore livelihood promotion for the rural poor in the state, said Textile Minister K ...
Tags: Silk Farming, Textiles Ministry
The Cabinet Committee on Economic Affairs, Government of India, has approved the continuation of the centrally sponsored scheme of Catalytic Development Programme (CDP) of the Ministry of Textiles, relating to sericulture sector, during the ...
Global steel giant ArcelorMittal announced that it has decided not to continue its planned construction of an integrated steel plant and a captive power plant in Odisha State, India. ArcelorMittal's initial planned construction since ...
Tags: Construction, steel
Van Heusen, India's number one, premium lifestyle brand launched its first exclusive store in Jamshedpur making the brand more accessible to discerning consumers in the city. Spread across 1,700 sq ft, the store offers its patrons an ...
Tags: Apparel
India's Steel Authority of India Limited (SAIL) seeks government intervention for construction of transportation infrastructure to carry iron ore from its Chiria iron ore reserves being developed in the eastern Indian province of Jharkhand, ...
India's state-owned steelmaker Steel Authority of India Limited (SAIL) will get 4 million mt of coking coal per year from its Tasra coal block, a company official said. The development of the Tasra coal block in the eastern Indian ...
Tags: Coking Coal, Mineral
India’s Ministry of Steel has abandoned plans for four ultra mega steel plants of 10 million mt per year each, in face of opposition from provincial governments on issues of land and allocation of raw materials, a ministry of steel ...
A one-stop silk park would be developed in eastern Indian state of Jharkhand at a cost of Rs. 140 million, with the Union and the state governments sharing the cost in 80:20 ratio. The Central Government’s part of the funds would ...