industrial conglomerate

GE invests $300 mn in Brazilian firm


May 25th, 2012 - 11:35 am ICT by IANS
Rio de Janeiro, May 25 (IANS/EFE) Brazilian mogul Eike Batista's Grupo EBX has announced a "strategic accord" with General Electric Co.It involves GE paying $300 million for a 0.8 percent ... Read more...

Posted in Business |

Murugappa group plans Rs.1,000 capex in 2012-13


May 10th, 2012 - 9:37 pm ICT by IANS
Chennai, May 10 (IANS) The Chennai-based Rs.22,314 crore-turnover industrial conglomerate Murugappa group is planning to spend around Rs.1,000 crore capex this fiscal in expanding its various businesses while looking out ... Read more...

Posted in Uncategorized |

Tube Investments eyes Rs.500 crore revenue


December 7th, 2011 - 5:16 pm ICT by IANS
Chennai, Dec 7 (IANS) Multi-product company Tube Investments of India Ltd is confident of sizeable orders from oil exploration, packaging and can manufacturing sectors for its industrial chains next fiscal ... Read more...

Posted in Business |

Sanjiv Goenka to invest Rs.150 crore in education


August 9th, 2011 - 5:56 pm ICT by IANS
Kolkata, Aug 9 (IANS) Industrial conglomerate RP-Sanjiv Goenka Group will invest over Rs.150 crore in the education sector, building four educational institutions in Bhubaneswar, Delhi, Andhra Pradesh and Kerela, said ... Read more...

Posted in Business |

India’s Arvind to set up denim plant in Bangladesh


September 28th, 2010 - 2:59 pm ICT by IANS
Dhaka, Sep 28 (IANS) Arvind, Indian textile maker and the world's largest manufacturer of denim, will set up a denim manufacturing plant in Bangladesh with an investment of $66 million over three ... Read more...

Posted in Business |

Murugappa aims $7.7bn growth by 2014


September 8th, 2010 - 10:37 pm ICT by IANS
Chennai, Sep 8 (IANS) The $3.03 billion turnover industrial conglomerate Murugappa group is mulling organic and inorganic growth to take the group size to $7.7 billion by 2013-14, said a top group ... Read more...

Posted in Business |

Coromandel mulls urea plant in Russia, Middle East


September 8th, 2010 - 9:07 pm ICT by IANS
Chennai, Sep 8 (IANS) Fertiliser major Coromandel International is looking out for opportunities in Middle East or in Russia to set up a urea plant. Part of the city-based $3.03 billion industrial conglomerate, ... Read more...

Posted in Business |

Ruia Group to bid for SsangYong Motor by Aug 10


July 21st, 2010 - 5:51 pm ICT by IANS
Kolkata, July 21 (IANS) City-based Ruia Group will make a bid to acquire the South Korean SsangYong Motor by Aug 10, a spokesperson for the Group told IANS Wednesday. SsangYong Motor has been ... Read more...

Posted in Business |

Murugappa group acquires French firm for 6.8 million euros


February 12th, 2010 - 10:14 pm ICT by IANS
Chennai, Feb 12 (IANS) The city-based $3.14 billion industrial conglomerate Murugappa group has opened the year 2010 with a French acquisition. The Group company Tube Investments of India Ltd (TII) Friday acquired controlling ... Read more...

Posted in Business |

Brakes India to expand Oman foundry facility


September 29th, 2008 - 1:43 pm ICT by IANS
Chennai, Sep 29 (IANS) Brakes India Ltd, a leading manufacturer of braking systems and ductile castings, will invest $16 million to expand the production capacity of its foundry facility in Oman, a ... Read more...

Posted in Business |

Honorary Indian Institute of Technology doctorate for Rata Tata


August 8th, 2008 - 8:08 pm ICT by IANS
Mumbai, Aug 8 (IANS) Ratan Tata, chairman of Indian industrial conglomerate Tata Group, has been conferred an honorary doctorate degree by top Indian technology school the Indian Institute of Technology-Bombay (IIT-B). India's ... Read more...

Posted in Business |

Apple most admired global company, says Fortune survey


March 9th, 2008 - 11:33 pm ICT by admin
New York, March 9 (IANS) Apple Computer, the maker of iPhone, iPod and Mac PCs, has topped 20 most admired global companies in a list prepared by Fortune magazine. PepsiCo, headed by ... Read more...

Posted in World |

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