AI Champdany Industries has on November 05, 2018 executed a Memorandum of Understanding (MoU) with Complement Blends for the sale and disposal of the Wellington Jute Mill, Wellington Yarn Unit and the Wellington Weaving Unit all located in same place situated and lying within Mouzas Mahesh and Rishra in Rishra Municipality in the state of … Read more
Prabhat Telecoms has signed Memorandum of Understanding (MoU) with Tiitan Holding Company, based in Hong Kong, China for the development, design and procurement of mobile phones, tablets, POS Devices & other similar electronic devices, designing of PCBs, etc. and act of Original Equipment Manufacturer for supply to Government Tenders in India. This business relation will … Read more
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 and wall hanging brackets manufactured … Read more
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 Exports/Imports business situated in its … Read more
Tata Steel’s wholly owned indirect subsidiary — TS Global Minerals Holdings Pte has entered into an agreement to divest its entire stake in its wholly owned step down subsidiary Black Ginger 461 Pty which in turn holds 64% in Sedibeng Iron ore Pty, South Africa, which is the operating company. The stake has been divested … Read more
GMR Infrastructure’s subsidiary — Kakinada SEZ has reportedly signed a memorandum of understanding (MoU) with the Andhra Pradesh Gas Development Corporation (APGDC). The company has signed a MoU to get access to piped natural gas for its upcoming 10,500-acre Kakinada Special Investment Region. GMR Infrastructure is engaged in generation of power, mining and exploration activities, … Read more
NTPC has signed a term loan agreement of Rs 5,000 crore with the State Bank of India (SBI). This loan has a door-to-door tenure of 12 years and will be utilised to part finance the capital expenditure of NTPC. NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar … Read more
