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Acrysil enters into agreement with Grohe

Acrysil has entered into an agreement for supply of Quartz Kitchen Sinks with Grohe, leading German Brand which is a part of Japanese major multi billions USD ‘LIXIL Group’. The agreement has potential to bring in additional revenues to the tune of around $7‐8 million (around Rs 50-60 crore) in ... Read More »

Grindwell Norton to sign agreement with Shinagawa Refractories

Grindwell Norton has received approval for the conclusion and signing of definitive agreement, the establishment of a Limited Liability Partnership (LLP) entity in India with Shinagawa Refractories Company, Japan to manufacture Tap hole clay refractory products for the steel industry. The company will hold 49% and Shinagawa Refractories Company, Japan ... Read More »

Eris Lifesciences executes agreement with Kinedex Healthcare

Eris Lifesciences has executed a share purchase agreement with Rakesh Dhuria, a promoter of Kinedex Healthcare, with the intent of increasing its ownership and control of the said subsidiary i.e. Kinedex by way of purchase of 12,239 equity shares of face value of Rs 10 each (equivalent to 6.71%). Prior ... Read More »

Strides Pharma Science’s arm enters into agreement with SUDA Pharma

Strides Pharma Science’s step-down wholly owned subsidiary — Strides Pharma Global Pte, Singapore has entered into an exclusive product development, licensing and supply agreement with SUDA Pharmaceuticals for its novel drug SUD-001H, an oral spray of sumatriptan to treat migraine headache for the US market. Execution of Strides’ generic product ... Read More »

Unichem Lab inks agreement to acquire 20% stake in Optimus group

Unichem Laboratories has entered into an agreement to acquire 20% equity stake in the API and intermediate business of Hyderabad based Optimus group. The acquisition value is Rs 120 crore. The transaction will give the company access to Optimus’ US Food and Drug Administration (USFDA) approved API manufacturing facilities and ... Read More »

Lemon Tree Hotels inks license agreement in Dubai

Lemon Tree Hotels has forayed into Dubai and the Middle-East with a signing of a License Agreement for a 114 room hotel in Dubai under the Company’s brand ‘Lemon Tree Hotel’. The hotel is expected to be operational by June, 2019. Carnation Hotels, the hotel management arm of the company ... Read More »

Tata Motors enters into agreement with Gulf Oil Lubricants

Tata Motors and Gulf Oil Lubricants India (GOLIL) have signed an agreement to launch a range of co-branded lubricants for its passenger vehicle segment in India. The products launched under this range would cover the entire gamut of requirements by the Company, which would include engine oil, gear oil, coolant ... Read More »

Dilip Buildcon executes contract agreement with Madhya Pradesh Metro Rail

Dilip Buildcon has executed the Contract Agreement with Madhya Pradesh Metro Rail, Urban Administration and Development Department, Bhopal (M.P) for Bhopal and Indore Metro Rail Project Phase -I, valued at Rs 247.06 crore and Rs 228.96 crore, Respectively. Dilip Buildcon’s core business is undertaking construction projects across India in the ... Read More »

GMR Infrastructure’s arm enters into definitive share purchase agreement

GMR Infrastructure’s indirect subsidiary — GMR Hyderabad International Airport (GHIAL) has entered into a definitive Share Purchase Agreement for acquiring the entire equity and preference shares held by Menzies Aviation Cargo (Hyderabad), Mauritius in Hyderabad Menzies Air Cargo (HMACPL) at a total consideration of Rs 59.75 crore. Post-acquisition of the ... Read More »

IDFC along with subsidiaries enters into agreement with NIIF II

IDFC and its subsidiaries — IDFC Financial Holding Company (IDFC FHCL) and IDFC Infrastructure Finance (IDFC IFL) — have entered into a definitive agreement with National Investment and Infrastructure Fund II (NIIF II). Pursuant to the said Agreement, NIIF II shall acquire controlling interest in IDFC IFL from IDFC FHCL. ... Read More »

HSIL signs distribution agreement with Formenti E Giovenzana

HSIL has signed Distribution agreement with Formenti E Giovenzana of Italy, giving exclusive distribution rights to the company for the territory of India and other territories as may be mutually agreed, for distribution of Kitchen and Furniture functional hardware fitting products such as hinges, slides, drawers, sliding doors, alternative openings ... Read More »

CONCOR signs agreement with Kribhco Infrastructure

Container Corporation of India (CONCOR) and Kribhco Infrastructure (KRIL) have entered into an agreement, wherein CONCOR will operate & manage the Bonded Area at KRIL’s Terminal at Modinagar in the state of Uttar Pradesh, for handling of EXIM traffic. This will help to promote and meet the growing needs of ... Read More »

Intellect’s iGTB enters into collaboration agreement with Bolero International

Intellect Global Transaction Banking (iGTB), the transaction banking and technology specialist from Intellect Design Arena, has entered into a collaboration agreement with Bolero International, the world’s premier trade digitization experts, with goals to make trade safer, smarter and faster. Both firms are looking at exploring developments of digitally-led commercial trade ... Read More »

Aurionpro Solutions’ arm inks agreement to acquire stake in SC Soft

Aurionpro Solutions’ wholly owned subsidiary — Aurionpro Solutions Pte., — has entered into an agreement for acquisition of majority stake (51%) in SC Soft Pte. (SC Soft) a Singapore headquartered Automated Fare Collection (AFC) and smart city solution provider. The company will make investment in tranches by subscribing to the ... Read More »

Infibeam Avenues executes agreement with Sintex BAPL

Infibeam Avenues (Infibeam) has executed an agreement with Sintex BAPL (SBAPL). As per the Agreement, Infibeam will develop, integrate, implement and maintain an online ecommerce and mobile platform with integrated logistics framework. It will cater the on demand customer purchase of Sintex brand Products. As per the Agreement, Infibeam will ... Read More »