Allcargo Logistics is investing over Rs 1,000 crore to set up four logistics parks at key locations over the next two years, in bid to gain opportunities as the economy moves on at a faster clip. The company will utilize its land banks acquired in the past few years in anticipation of GST implementation as … Read more
Vakrangee has launched its 40 plus NextGen Vakrangee Kendras in the National Capital Region (NCR), New Delhi. After the successful launch in the Mumbai Metropolitan Region, the company has now entered into the capital city. The Kendras have been launched in the sub-urban and semi-rural areas of Delhi. Since the inception in 2011, Vakrangee Kendra … Read more
Madhav Marbles & Granites has incorporated subsidiary named ‘Madhav Natural Stone Surfaces’ on October 12, 2018. The company has been incorporated to acquire by purchase, lease, transfer mines, mining rights or any other earthen surface containing marble, granite, quartz, or any other stones, mineral deposits of all kinds containing ferrous or nonferrous substances and to … Read more
Once there lived 3 water bottles. All three were sisters – the younger one of 250 ml, the middle one of 500 ml and the eldest of 1000 ml. All the three were very proud to be providing drinkable water to the thirsty throats. But all the three had something to talk about their personality … Read more
United Breweries has forayed into the non-alcoholic beverage segment with the launch of Kingfisher Radler in Ahmedabad in the state of Gujarat. Kingfisher Radler, brings a new outlook to the soft drink category, a 100% natural drink that contains 30% less sugar than carbonated soft drinks. The introduction of Radler caters to a segment of … Read more
Nitesh Estates has entered into an agreement to sell 100% stake in step down tier II subsidiary – Nitesh Pune Mall. The company has signed the agreement with ABIL group of Pune (Ela Realty, a SPV of ABIL). NIRPL a 100% subsidiary through its step down subsidiary will exit the entire holding of this 1 … Read more
Dr. Reddy’s Laboratories has entered into a definitive agreement for the sale of its API manufacturing business unit located in Jeedimetla in Hyderabad, to Therapiva an emerging generics pharmaceutical company. This divestiture is being done by way of slump sale (as a going concern) and includes all related fixed assets (land and building), current assets, … Read more
