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CORPORATE
ANNOUNCEMENTS
HLL to use Haridwar facility to make small-pack products
SMALL packs appear to be the answer for Hindustan Lever Ltd's (HLL) search for higher volumes, bigger market shares and entry into untapped markets. The fast-moving consumer goods major has been able to secure 20 per cent of its sales in home ...
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OPEN OFFERS
Twinstar open offer for remaining 20% in Malco
TWINSTAR Holdings Ltd, part of Vedanta Resources Plc, has made an offer to acquire the remaining 20 per cent equity shares of Madras Aluminium Company Ltd (Malco) through the reverse book-building route at a minimum price offer of Rs 185 per ...
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NEW PROJECTS
Shasun plans isobutyl benzene plant in Thailand
THE Chennai-based Shasun Chemicals and Drugs Ltd proposes to invest about Rs 32 crore in a project in Thailand, to produce 5,000 tonnes a year of isobutyl benzene. It is learnt that the idea behind the project is to secure the supply of ...
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Feb. 20-Feb. 26
Restructuring will result in sizeable savings, says HM
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