3M Electro & Communication India has become a 100% subsidiary of 3M India with effect from December 27, 2018 after payment of consideration and transfer of shares per the terms of the Share Purchase Agreement which has been completed on December 27, 2018. 3M is fundamentally a science-based company. They produce thousands of imaginative products, … Read more
Jost’s Engineering Company (Josts) has paid an amount of Rs 20,00,000 towards Share Application money to acquire the shares in the proposed Right Issue of its Subsidiary Company, namely, MHE Rentals India. The company will be acquiring 2,00,000 equity shares of Rs 10 each of MHE Rentals. Jost’s Engineering Company is an India-based company, which … Read more
Ravalgaon Sugar Farm has received approval from its board for sale of land measuring 1,118 sq meters along with staff quarters (built up area 330 Sq meters) on an as is where is basis for Rs 28 lakh (all inclusive), sale of candy sugar plant and machinery on an as is where is basis for … Read more
Gravity (India) is planning to sell premises of the company situated on second floor at Kondivita 202, Building No. 2, CTS 468, Kondivita Village, Opposite Saidev Hotel, Andheri East, Mumbai. The meeting of the Board of Directors of the company is scheduled to be held on December 13, 2018, to consider the same. Gravity (India) … Read more
Finolex Cables is planning to set up 50 brand retail stores ‘Finolex House’ by 2019. Finolex House would serve as a one-stop shop for consumers offering end-to-end electrical solutions. Finolex Cables is India’s largest and leading manufacturer of electrical and telecommunication cables. Bhupendra Singh ChundawatBhupendra Singh Chundawat is a seasoned technology journalist with over 22 … Read more
Deepak Fertilisers & Petrochemicals Corporation has fully resumed normal day-to-day business, after completion of the Income Tax Search and Seizure Operations at various premises of the company. The company had fully co-operated with the Tax officials responding to all clarifications they had sought and will continue to do so for their balance queries, if any. … Read more
Dolphin Offshore Enterprises’ wholly owned subsidiary–Dolphin Offshore Enterprises (Mauritius) has won an Arbitration Award against Alcock Ashdown (Gujarat). The total award amount including interest till November 20, 2018 will be around $1 million. Dolphin Offshore Enterprises (India) is a holding company, which is engaged in offshore business. The company is engaged in providing underwater services, … Read more
