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Live Mint
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Osam Dairy Owner Raises $6.6m in New Funding Round
Nov 30, 2016India 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
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Indian Government Ends Subsidy for CFL-based Solar Lights
Dec 2, 2015The Indian government is halting subsidies to CFL-based solar lights to encourage the adoption of LED solar lights, reported Live Mint. “The ministry has stopped providing central financial assistance to CFL-based solar lighting ...
Tags: LED solar lights, LED bulbs, DELP
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Chinese LED Manufacturer AOD and Syska Jointly Invest in Plant Based in Telangana, India
Dec 2, 2015Chinese LED light manufacturer Advanced Optronic Devices and Indian company Syska LED Lights will jointly invest INR 5 billion (US $75.21 million) in a LED manufacturing plant in the state of Telangana in India, according to a report from ...
Tags: LED light, AOD, Syska Jointly
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Hector Beverages to Invest $10m in Expansion of Facility in Mysore, India
Sep 11, 2015Hector Beverages, which is backed by Sequoia Capital, plans to invest $10m to expand its facility in Mysore, India, a move that comes as it sets to launch milk-based beverages under its core brand Paper Boat by early next year. The ...
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Britannia Is Set to Increase Exports and Eyes Joint Ventures
Feb 26, 2015India’s biscuit maker Britannia Industries is set to increase exports and eyes joint ventures, acquisitions as part of its strategy to enhance its manufacturing capacities in the Middle East. Britannia managing director Varun Berry ...
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United Spirits Has Secured Minority Shareholders' Approval to Produce
Jan 13, 2015Diageo-owned Indian alcoholic beverages subsidiary United Spirits has secured minority shareholders' approval to produce and sell Johnnie Walker whisky, Smirnoff vodka and other brands. The Press Trust of India reported that United ...
Tags: whisky, alcoholic beverages, Agriculture
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Tata Motors Will Collaborate with Jaguar Land Rover to Develop Two Sports Utility Vehicles
Aug 26, 2014Tata Motors will collaborate with Jaguar Land Rover (JLR) to develop two sports utility vehicles, to expand its reach in the global market. Performance and handling support for the upcoming vehicles will come from JLR, and Tata is ...
Tags: Tata Motors, Vehicles, Auto Parts
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Italian Luxury Is Mulling to Enter The Indian Market and Talks to Partner Firms
Jan 29, 2013Prada Spa, the Italian luxury apparel brand, is mulling to enter the Indian market and is currently in talks with various prospective partner firms, according to a Live Mint report. The Italian brand is one of the few leading luxury ...
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The Orissa Government Is Preparing to Start Electronic Auctions for Iron Ore
Jan 5, 2013Live Mint reported that the Orissa government is preparing to start electronic auctions for iron ore in the new financial year,aiming for equitable distribution in addition to greater transparency. A state official,said that,but this may ...
