Company Dynamic
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Indorama Ventures to Team up with Dhunseri to Restart Egyptian PET Project
2018-06-27The revival of these businesses will support easing of reliable supplies by IVL to its customers and help grow sustainable packaging in ...
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Gujarat Borosil Plans Rs. 235-crore Brownfield Expansion at Bharuch Facility
2018-06-27Rather than going for greenfield expansion, we decided to undertake brownfield expansion which will be done at 60 per cent of the cost of greenfield expansion.
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Fine Organic to Launch Rs. 600-crore IPO
2018-06-2755-crore in setting up Fine Zeelandia facility for food ingredients in Mumbai in association with Dutch family-owned Zeelandia Internati...
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Bayer Makes Open Offer to Buy 26% in Monsanto India
2018-06-27Both the listed Indian units, Bayer CropScience and Monsanto India, will continue to operate independently for the time being, said Baye...
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PNGRB Aiming to Start Gas Trading Hub Before December
2018-06-27We have engaged Crisil for advising us in setting up gas trading hub. They will advise us on framing regulations. The timeline given to them is 18 weeks from May 11,” said Mr. Satpal Garg member of the PNGRB. Mr. Garg said that the hub will work on the...
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OVL Standalone Net Profit Falls 76% in 2017-18
2018-06-27Consolidated profit reported by OVL is higher at Rs. 981-crore during FY18 (Rs. 757-crore) mainly due to higher consolidated production (14.164-mtoe vs 12.803-mtoe) and improved oil price realisations which resulted in better results from subsidiaries and
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IOC Recognized as India's Fastest Growing Maharatna
2018-06-27He said that the Government has been leveraging PSUs, especially in the energy sector, to address its strategic and economic goals, incl...
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ONGC Incurs Heavy Loss on Gas Production Due to Cap on Prices
2018-06-26Natural gas constitutes around 45% of ONGC’s total crude oil and natural gas production volume.
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Sun Pharma Receives Prestigious CSR Award
2018-06-26FGI instituted the biennial FGI Awards for excellence in 1993 to honour and felicitate individuals, organisations, institutes and indust...
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Glenmark's US Subsidiary Receives ANDA Approval for Two Drugs
2018-06-26According to IQVIA, sales data for the 12-month period ending April 2018, the Loestrin 21 1.5/30 tablets market achieved annual sales of approximately $24.2-mn and the Loestrin Fe 1.5/30 market achieved annual sales of approximately $41.3-mn.
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Cipla to Market and Distribute Eli Lilly's Insulin Glargine in India
2018-06-26Luca Visini, Managing Director, Lilly India “this strategic partnership leverages Lilly’s commitment to bring innovation to people suffe...
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Cipla Aiming at $1-billion Domestic Turnover in 2018-19
2018-06-26The company reported revenues of Rs. 15,219-crore, growing 6 per cent, with income from the India operations seeing a 6.3 per cent jump at Rs. 5,687-crore in FY18.
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US PPG to Close Texas Coatings Facility
2018-06-25PPG will lay off 52 workers from the site, according to a Worker Adjustment and Retraining Notification (WARN) obtained on Friday from t...
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Honeywell's New Migration Tool Facilitates Easy Upgrades of Obsolete PLCs
2018-06-23In his new role, he will be responsible for spearheading Honey-well UOP business in India to sustain the growth in the region and contin...
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Clariant Highlights Skin& Hair Care Solutions at Customer Symposium in Ahmedabad
2018-06-23“Aristoflex Silk can be used to bring perfect silkiness to sun care and skin-whitening products in addition to face creams, eye relaxing...
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Avvashya Logistics to Invest Rs. 400-cr. to Expand Warehouse Capacity
2018-06-22Speciality chemicals currently contributes to half of the revenue of the company while auto and retail account for 35 per cent and 15 pe...
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Andhra Petrochemicals Reports Standalone Net Profit of Rs. 5.64-crore in Q4FY18
2018-06-22Andhra Petrochemicals Ltd. has reported net profit of Rs. 5.64 crore in Q4FY18, as against a net loss of Rs. 2.57-crore during the previous quarter ended March 2017. Sales rose 8.63% to Rs. 113.75-crore in Q4FY18, as against Rs. 104.71-crore.
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Anhui Huamao's 0.15 Million Spindle Project Starts Operation
2018-06-22This project adopted international leading intelligent carding unit, coarse connection, automatic packaging and other system equipment a...
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