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CORPORATE
OVERSEAS INVESTMENTS:
Essar Algoma Steel investing in capacity expansion
A year after the takeover — buzzing with activity. It is a little over a year since Essar Steel took over the Canadian steel company Algoma Steel ...
OUTLOOK:
Maruti Suzuki to launch A-Star by month-end
Paris, Oct. 2 Maruti Suzuki India is expected to launch its new small car — the A-Star — by the end of this ...
MERGERS & ACQUISITIONS:
Trivitron Medical acquires Vision Engineering
Medical devices and clinical diagnostic equipment company, Trivitron Medical Systems, has acquired Vision Engineering Pvt Ltd (formerly Siddalakshmi Engineering), an X-ray machine manufacturing company ...
NEW PROJECTS:
Metso to invest Rs 165 crore to set up industrial park
Work commences on 49-acre multi-functional facility. New Delhi, Oct. 2 Finnish engineering and technology group Metso has commenced work on establishing a 49-acre multi-functional industrial facility, named Metso Park, in Alwar, Rajasthan. The ...
OUTLOOK:
Volkswagen eyes CV market in India
Paris, Oct. 2 The Volkswagen group is studying the possibility of launching its commercial vehicles in ...
RESTRUCTURING:
Sujana Universal mulls demerger of 4 biz units
Hyderabad, Oct. 2 Sujana Universal Industries Ltd (SUIL) is considering demerging its four business units — appliances division, castings division, LEC Division (which deals in manufacture of bearings) and trading ...
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