Glenmark Pharmaceuticals’ arm — Glenmark Life Sciences is on track to more than double its capacity over the next four years at a cumulative investment of over Rs 600 crore. The capacity expansion is on the back of company’s plan to enter more regulated growth markets like Brazil, Mexico, Russia, Korea, Taiwan and Saudi Arabia. … Read more
Amara Raja Batteries is all set to invest Rs 540 crore for the deployment of advanced stamped-grid technology. This will allow the company to offer high-performance batteries to meet its customers’ present and future needs. The company termed this investment as an important milestone in the process of development of advanced lead-acid batteries. The announcement … Read more
USG Tech Solutions has decided to enter into a Share Purchase Agreement (SPA), relate to the investment in the share capital of Niskarsh Properties. USG Tech Solutions after the shares transfer would hold 100% share capital of Niskarsh Properties. Niskarsh Properties belongs to real estate business. USG Tech Solutions is a leading domestic Business Process … Read more
JSW Steel will reportedly invest around Rs 350 crore in order to set up two pipe conveyor projects that would transport ore from the mines to its plant in the state of Karnataka. The projects, which will be completed by the end of 2018-19, will save the company as much money – around Rs 350 … Read more
KDDL has received an approval for the investment up to Rs 20 crore in the Equity Shares of Ethos, a subsidiary of the Company by way of Preferential Allotment at a price of Rs 292 per share including a premium of Rs 282 per share (Face value of Rs 10 each). Post above investment, the … Read more
Six leading global investors comprising Warburg Pincus, Temasek, Singtel, SoftBank Group International and others have agreed to invest $1.25 billion in Bharti Airtel’s UK incorporated subsidiary — Airtel Africa, through a primary equity issuance in the company at a post money equity value of $4.4 billion. This investment demonstrates the confidence of leading global investors … Read more
Sun Pharmaceutical Industries is going to invest an additional Rs 200 crore at its Assam plant to augment operations. The company has already invested Rs 700 crore in this manufacturing facility. Besides, the company has inaugurated a new production line at its facility in Palashbari. Sun Pharmaceutical Industries is the world’s fourth largest specialty generic … Read more
