Future Group has entered into a memorandum of understanding (MoU) with the Vardhman Group to co-develop products for its apparel business. This strategic partnership will enable the group to make quality fashion more affordable. Future Group is India’s first and largest independent homegrown pure-play retail group. Future Group consists of 4 listed entities led by … Read more
Scan Steels has entered in One Time Settlement (OTS) with three Lender Banks among consortium members namely IDBI Bank, Bank of India and Central Bank of India. The company has made full and final payment under OTS/NS Scheme with IDBI Bank for Rs 23 crore, Bank of India for Rs 13 crore and with Central … Read more
Sanghvi Brands has entered into a Joint Venture (JV) Agreement with Kerala Ayurveda to establish, manage and operate wellness resorts and wellness ayurvedic spas under the new brand name jointly agreed by the parties to develop Ayurvedagram Wellness Resorts and Ayurvedagram inspired Ayurvedic Spas across the world by way of forming a Joint Venture Company … Read more
Aban Offshore’s wholly owned step-down subsidiary has entered into a conditional sale and purchase agreement to acquire 100% interest in a United Kingdom (UK) Continental Shelf Production License comprising of 100% interest in two blocks in UK North Sea, for a non-cash consideration of $75 million. The consideration shall be set-off against amounts due from … Read more
Cochin Shipyard has entered into a memorandum of understanding (MoU) with Russian firm United Shipbuilding Corporation (USC) to boost water transportation in India. As per the MoU, USC will engage in development of the state-of-the-art vessels for inland and coastal waterways in the country. The company and USC aim to develop high-speed vessels, river-sea cargo … Read more
Udaipur : Autumn Winter ushers in the beginning of a beautiful season. U.S. Polo Assn. has always been at the forefront of the fashion in India and Autumn Winter this year, isn’t any different. With a vibrant color palette gracing the season’s wardrobe and a generous mix of contrasting shades, the Autumn Winter collection is … Read more
But vulcanologists monitoring and measuring Kilauea’s every move during the past four weeks hastened to add the latest change in the volcano’s behavior, while undoubtedly significant, leaves them uncertain about what will follow. The summit crater, called the ‘Halema’uma’u Crater, which began ejecting ash and volcanic rock in periodic, daily eruptions in mid-May, has grown … Read more
