Reliance Industries to Invest INR 5 Billion in Alok Industries
Alok Industries Limited, an Indian certified Textile manufacturing company that has its roots in Mumbai and export business spread over 90 countries, faced a major setback in 2017. Failure to re... Read More
Mar/2020Pidilite’s Acquisition of Majority Stake in Tenax India to Diversify its Reach in the Global Market
Pidilite, a renowned Indian manufacturer of adhesives, construction chemicals and specialty chemicals entered into an agreement with Tenax India Stone, an Indian subsidiary of Tenax, Italy for a... Read More
Feb/2020Resplendent Agreement Between the Global Energy Major, Exxon Mobil Corp and Indian Oil Corp (IOC) to Ease Natural Gas Transport
Exxon Mobil Corporation is one of the world's largest publicly traded energy firms and a prominent chemical manufacturer. With a motive to develop and provide next-generation technology to t... Read More
Feb/2020Apollo Tyres to be Backed by Warburg Pincus’ Investment Worth INR 10 Billion
Emerald Sage Investment Limited, a subsidiary of Warburg Pincus is purchasing compulsory convertible preference shares (CCPS) of Apollo Tyres worth INR 10.8 Billion. The investment witnesses the... Read More
Feb/2020Reputed Pharma Brand Dr. Reddy’s to procure the Domestic Formulation Business from Wockhardt for INR 18.5 Billion
Dr. Reddy’s Laboratories (DRL) emphasizes the company’s commitment to the Indian market by acquiring the majority of Wockhardt’s domestic formulation business. The deal will in... Read More
Feb/2020Meghmani Organics Agrees to Demerge its Agrochemical and Pigment Undertaking
Meghmani Organics Limited has accepted the Composite Scheme of Arrangement amongst Meghmani Organics Limited (MOL 1) and Meghmani Organochem Limited (MOL 2) and Meghmani Finechem Limited (MFL) a... Read More
Jan/2020