manufacturing facilities

Expansion work to end at Tata Metaliks’ Kharagpur plant by October


September 6th, 2012 - 11:18 pm ICT by IANS
Kolkata, Sep 6 (IANS) Pig iron maker Tata Metaliks, promoted by Tata Steel, will complete its capacity expansion work at its Kharagpur plant in October, a top company executive said ... Read more...

Posted in Business |

Saab to roll out electric cars


September 4th, 2012 - 1:26 pm ICT by IANS
Beijing, Sep 4 (IANS) Bankrupt Swedish carmaker Saab plans to roll out new electric cars in 18 months, its buyer National Electric Vehicle Sweden (NEVS) said. NEVS, wholly owned by ... Read more...

Posted in Business |

Kerala-based gelatin maker aiming at Rs.300 crore turnover


August 7th, 2012 - 4:45 pm ICT by IANS
Thiruvananthapuram, Aug 7 (IANS) Nitta Gelatin India Ltd (NGIL) expects to close the current fiscal with a turnover of around Rs.300 crore on rising demand for gelatin in the pharmaceutical ... Read more...

Posted in Business |

Poonawalla group acquires Dutch global vaccine company


July 5th, 2012 - 5:31 am ICT by IANS
Pune, July 4 (IANS) Serum Institute of India, the flagship company of the over $1 billion Poonawalla Group vaccine company, Wednesday announced the acquisition of Bilthoven Biologicals of the Netherlands, ... Read more...

Posted in Health |

Carborundum Universal turns acquisitive in South Africa


June 19th, 2012 - 11:29 pm ICT by IANS
Chennai, June 19 (IANS) Abrasives major Carborundum Universal Ltd (CUMI) Tuesday announced the signing of a binding agreement with Austrian company RHI to acquire the latter's wholly-owned fused minerals subsidiary ... Read more...

Posted in Business |

Ranbaxy boosts presence in Africa with malaria drug


May 11th, 2012 - 1:41 pm ICT by IANS
Accra (Ghana), May 11 (IANS) Leading Indian drug manufacturer Ranbaxy Laboratories has boosted its presence in the emerging market of Africa, introducing its new malaria-fighting drug Synriam and setting up ... Read more...

Posted in Business |

Bose to open manufacturing plant in Malaysia


May 7th, 2012 - 7:13 pm ICT by IANS
Kuala Lumpur, May 7 (IANS) US-based professional audio equipment maker Bose Corporation Monday announced plans to build its first manufacturing plant in Asia.The manufacturing plant would be built on a ... Read more...

Posted in Business |

Exide Q4 net profit dips 12.9 percent


April 30th, 2012 - 10:28 pm ICT by IANS
Kolkata, April 30 (IANS) Exide Industries, the biggest storage battery producing company in India, Monday reported 12.9 percent slide in its net profit in the quarter ended March 31, 2012 ... Read more...

Posted in Business |

Honeywell opens its fourth technology centre


February 14th, 2012 - 7:09 pm ICT by IANS
New Delhi, Feb 14 (IANS) US-based diversified technology and manufacturing firm Honeywell Tuesday opened its fourth technology centre in India at Gurgaon at an investment of $34 million (Rs.167.8 crore)."This ... Read more...

Posted in Business |

Ranbaxy ordered to improve India, US plants


January 26th, 2012 - 11:20 am ICT by IANS
Washington, Jan 26 (IANS) US drug regulators have sought a "groundbreaking" injunction against Ranbaxy Laboratories to force the Indian drug major to correct long-standing violations at four of its manufacturing ... Read more...

Posted in Business |

FlaktWoods India expects Rs.205 crore orders this year


December 14th, 2011 - 9:13 pm ICT by IANS
Kolkata, Dec 14 (IANS) FlaktWoods India Limited, a the leading global supplier of energy-efficient air solutions in infrastructure and industry sectors, Wednesday said it expected around Rs.205 crore orders this ... Read more...

Posted in Business |

Metro rail for 2 mn-plus cities: Kamal Nath (Lead)


November 17th, 2011 - 11:20 pm ICT by IANS
New Delhi, Nov 17 (IANS) The environment- and commuter-friendly metro rail will soon run in Indian cities having a population of more than 2 million with the government approving the ... Read more...

Posted in Uncategorized |

Maruti Suzuki to buy land in Gujarat for unit


October 29th, 2011 - 6:01 pm ICT by IANS
Mumbai, Oct 29 (IANS) Automobile giant Maruti Suzuki Saturday said it will buy land in Gujarat for setting up new manufacturing facilities."The board granted approval to purchase land in ... Read more...

Posted in Uncategorized |

Maruti Suzuki quarterly net profit declines 59.81 percent


October 29th, 2011 - 5:37 pm ICT by IANS
New Delhi, Oct 29 (IANS) Automobile giant Maruti Suzuki Saturday reported a decline of 59.81 percent in its net profit for the quarter ended Sep 30 due to the prolonged ... Read more...

Posted in Business |

Fearing raids, Chandigarh sweet shop owners move base


October 23rd, 2011 - 4:41 pm ICT by IANS
Chandigarh, Oct 23 (IANS) It was a bitter pill to swallow for Chandigarh's sweet shop owners in last year's festive season. So, to avoid raids this time, many of them ... Read more...

Posted in Business |

Reliance Industries net profit rises 15.8 percent


October 15th, 2011 - 6:32 pm ICT by IANS
Mumbai, Oct 15 (IANS) Mukesh Ambani-led Reliance Industries Saturday said its net profit for the quarter ended Sep 30 had risen 15.8 percent at Rs.5,703 crore compared to Rs.4,923 crore ... Read more...

Posted in Business |

Balmer Lawrie, Chinese firm tie up for construction chemicals


September 23rd, 2011 - 6:08 pm ICT by IANS
Kolkata, Sep 23 (IANS) State-run Balmer Lawrie and Co Ltd has tied up with a China-based company to foray into the construction chemical business on a large scale for the ... Read more...

Posted in Uncategorized |

Lumax investing Rs.150 crore on new plants, capacity


September 6th, 2011 - 5:45 pm ICT by IANS
New Delhi, Sep 6 (IANS) Automobile lighting component manufacturer Lumax Industries Tuesday said that it will invest about Rs.150 crore to set up three new facilities by next year."We are ... Read more...

Posted in Business |

Britannia to invest over Rs.200 crore this fiscal (Lead, superseding earlier story)


July 2nd, 2011 - 11:08 pm ICT by IANS
Kolkata, July 2 (IANS) Food products maker Britannia Industries Ltd is planning a total investment of more than Rs.200 crore this fiscal, including on setting up two new plants in ... Read more...

Posted in Business |

Britannia to invest over Rs.200 crore in new plants


July 2nd, 2011 - 10:11 pm ICT by IANS
Kolkata, July 2 (IANS) Food products maker Britannia Industries Ltd is planning a total investment of more than Rs.200 crore this fiscal for setting up two plants in Orissa and ... Read more...

Posted in Business |

Interest rates, fuel hikes dampen automobile sales in June (Roundup)


July 1st, 2011 - 9:17 pm ICT by IANS
New Delhi/Chennai, July 1 (IANS) Production losses at industry leader Maruti Suzuki and a slump in sales because of high interest rates and rising fuel prices have resulted in a ... Read more...

Posted in Business |

L&T; eyes 20 percent growth in electrical, automation business


June 13th, 2011 - 8:04 pm ICT by IANS
Kolkata, June 13 (IANS) Engineering and construction major Larsen & Toubro is expecting a 20 percent year-on-year growth in its Electrical & Automation business in the next five years, a ... Read more...

Posted in Business |

SKF India net up 40 percent in first quarter


May 3rd, 2011 - 8:56 pm ICT by IANS
Bangalore, May 3 (IANS) Leading technology and solutions provider SKF India Ltd posted a net profit of Rs.61 crore for first quarter (Jan-March) of calendar year 2011, registering a 40 ... Read more...

Posted in Business |

Zoom through royal cars and real business (IANS Books This Week)


April 28th, 2011 - 1:04 pm ICT by IANS
New Delhi, April 28 (IANS) This week's booty on the bookshelf is serious and informative. If there is a book on the cars of kings, then there is another ... Read more...

Posted in Life Style |

BHEL to expand boiler division capacity to 20,000 MW


April 5th, 2011 - 2:57 pm ICT by IANS
Tiruchirapalli (Tamil Nadu), April 5 (IANS) Power equipment maker Bharat Heavy Electricals Ltd will complete expanding its boiler unit's capacity to 20,000 MW by the end of this fiscal, a ... Read more...

Posted in Business |

GE Healthcare to invest $50 mn in India on new products


March 17th, 2011 - 6:08 pm ICT by IANS
Bangalore, March 17 (IANS) Global medical devices major GE Healthcare will invest $50 million (Rs.225 million) in India to roll out more diagnostic products for the growing domestic market, a ... Read more...

Posted in Health |

Ruia Group acquires Germany-based Acument GmbH


February 21st, 2011 - 7:58 pm ICT by IANS
Kolkata, Feb 21 (IANS) Extending its global footprint in the auto ancillary segment, the Rs.5,000-crore Ruia Group Monday announced the acquisition of Germany-based Acument GmbH & Co KG, one of the leading ... Read more...

Posted in Business |

Bilateral trade with US would grow beyond 50 billion dollars in 2011: Anand Sharma


February 7th, 2011 - 8:59 pm ICT by ANI
New Delhi, Feb 7 (ANI): Union Commerce and Industry Minister Anand Sharma on Monday said he is hopeful that India's bilateral trade with the United States of America would grow beyond 50 ... Read more...

Posted in National |

Samsung India posts $3.5 billion turnover in 2010


January 20th, 2011 - 7:13 pm ICT by IANS
Hyderabad, Jan 20 (IANS) The Indian arm of Korean consumer durable major Samsung posted a turnover of $3.5 billion (over Rs.15,935 crore) during 2010 and has set a growth target of 40 ... Read more...

Posted in Business |

XXX Energy Drinks targets 30 percent market share


December 25th, 2010 - 6:27 pm ICT by IANS
New Delhi, Dec 25 (IANS) Indian energy drink manufacturer XXX Energy Drinks Pvt. Ltd. Saturday said it was looking to corner 30 percent of the Rs.175 crore energy drinks market by the ... Read more...

Posted in Business |

Gujarat eyes $1 bn investment for pharma industry


December 19th, 2010 - 12:58 pm ICT by IANS
By James Jose Ahmedabad, Dec 19 (IANS) Gujarat, which accounts for nearly a half of the Indian pharma industry's turnover, is betting big on making the state a global hub as it ... Read more...

Posted in Business |

Steel Strips Wheels bags export order worth Rs.15 lakh


October 18th, 2010 - 4:48 pm ICT by IANS
New Delhi, Oct 18 (IANS) Auto-component manufacturer Steel Strips Wheels Monday said it has bagged an export order worth Rs.15 lakh to supply 400 truck trailer wheel rims to a customer ... Read more...

Posted in Business |

Russia, India sign agreement on manufacturing military aircrafts


September 10th, 2010 - 2:32 am ICT by BNO News
NEW DEHLI, INDIA (BNO NEWS) – Russia and India on Thursday signed a cooperation agreement for manufacturing military transport aircrafts, officials said.Each country will pay $300.35 million of the charter capital and ... Read more...

Posted in National |

Toyota investing Rs.500 cr for engine plant in India


July 6th, 2010 - 10:10 pm ICT by IANS
Bangalore, July 6 (IANS) Japanese auto major Toyota Motor Corporation (TMC) is investing an additional Rs.500 crore (Rs.5 billion) in India to set up an engine plant for its upcoming compact car ... Read more...

Posted in Business |

Novel radiotracer raises hopes of easy Alzheimer’s diagnosis


June 25th, 2010 - 6:30 pm ICT by ANI
Washington, June 25 (ANI): Diagnosing Alzheimer's could soon become easier, thanks to a novel radioactive compound.A trial of the new radiotracer known as 18F-AV-45 safely distinguished the brains of Alzheimer's disease patients ... Read more...

Posted in Health Science |

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