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EID Parry buys 48% stake in US firm for $9 million
Sugar and nutraceuticals major EID Parry (India) Ltd, part of the Murugappa group, has acquired 48% stake in the Florida-based US Nutraceuticals, LLC, a privately-held company, for a consideration of $9 million.

DuPont mulls PV lab in Hyderabad

Having conducted research on science-based products, DuPont plans to set up a photovoltaic lab at the DuPont Knowledge Centre in Hyderabad.

TN targets Rs 2000-cr revolving subsidy-lined loans for SHGs

It is estimated that about 1.5 lakh self help groups in Tamil Nadu would be empowered by state government's revolving subsidy fund scheme to avail Rs 2,000-crore loan from the banks by the end of this financial year.

Bangkok meet to discuss NR price fall

The Association of Natural Rubber Producing Countries is keeping tabs on the decling trends in prices of natural rubber internationally.

Delhi HC bar on new Incab directors

The Delhi high court, based on an appeal by Tata Steel, on Friday ordered that the three new directors recently appointed by Leader Universal, Incab Industries' Malaysia-based promoter, cannot take any decision in the matter of the closed cable major located at Pune.

Farmers force VAL to look for alternative water source

Vedanta Aluminium Ltd, a group company of London-based Vedanta Resources, has to make an alternative arrangement to source water for its Rs 8400 crore aluminium smelter and captive power plant at Jharsuguda in Orissa.

Dunlop impasse: Mrinal to meet Ruia on Monday

The West Bengal government has intervened to solve the Dunlop stalemate. State labour and power minister Mrinal Banerjee will have a meeting with Dunlop India chairman Pawan Ruia on November 24.

Confusion over funds for Maradona's visit

Around Rs 8 crore will be spent in bringing Argentine soccer legend Diego Armando Maradona in Kolkata, his maiden trip to Asia. However, it is still not clear where this huge amount will come from?

PDK Shehnaz Hotels to expand Indian and overseas operations

PDK Shehnaz Hotels Pvt Ltd, which has brands like Ivory and Go India restaurants, Shisha bar and The Platinum Lounge under its belt, is in an expansion spree in Kolkata as well as the overseas.

Chettinad plans to set up two super-speciality clinics in Kolkata

Chettinad Health City, a super-speciality hospital in Chennai and the only centre in Asia where robots perform heart valve-replacement surgery, is going to set up two super-speciality consultative clinics in Kolkata in the next two months.

BBC to make documentary on Sourav Ganguly

BBC World is planning to make a documentary on Sourav Ganguly, the most successful captain of the Indian cricket team who has just announced his retirement from international cricket.

Deadlock over reopening of Dunlop continues

The stalemate in the Dunlop factory at Sahagunj seems far from ending. The two major trade unions, Citu and Intuc, declined to sign a bipartite agreement with the management on Thursday.

Amrutanjan plans major push in north

After positioning itself as a market leader in the Rs 300-crore southern region, Amrutanjan Health Care Ltd has embarked on a new campaign called 'Be Ready' to capture a sizeable share in the north and western regions.

DHL inaugurates new facility at Bangalore airport

Logistics majors, DHL Express and Blue Dart Aviation inaugurated a $25 million integrated terminal at the Bangalore International Airport, a 2,20,757 sq. ft facility that would integrate the South Indian domestic and international businesses of both businesses.

Asia Pacific region accounts for 14% ITO deals: study

Information technology outsourcing companies in the Asia Pacific region are increasingly looking at mergers and acquisitions to sustain their growth momentum.
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