Salzer Electronics withdraws acquisition proposals regarding overseas companies

Salzer Electronics has withdrawn their acquisition proposals regarding Overseas Companies — Advanced ID Asia Engineering Company, Thailand and United Marketing and Trading, Hong Kong. This is post detailed due diligence conducted, which has been mutually agreed by the Board of Director and Management in line with the plan for long-term value creation of the Salzer … Read more

IOC gets nod for three investment proposals

Indian Oil Corporation (IOC) has received approval for investment proposals. The first investment proposal is for City Gas Distribution projects in 7 Geographical Areas won by IndianOil in 9th Round CGD Bidding. The estimated total capital investment is of Rs 5463 crore on implementation of the CGD projects. The investment in CGD business will help … Read more

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