ElringKlinger Group, a German leading development partner to the automobile industry and original equipment supplier of cylinder-head- and specialty gaskets, today inaugurated their first manufacturing facility in India, located at Ranjangaon off Pune. With presence in 21 locations across…

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Raima Motors, the new dealer of Mitsubishi Motors and Hindustan Motors (HM), has opened an elegant new dealership in the city. This is the second Mitsubishi dealership in the twin cities of Secunderabad and Hyderabad. The dealership was inaugurated on Saturday by Mr. Y.V.S Vijay Kumar, Vi…

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Era Infra Engineering Ltd, an integrated infrastructure development company with a pan India presence through its different verticals received orders worth Rs 1221.75 crore during the Q4FY08. The amount of orders significantly added to the order backlog and till date the consolidated ord…

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Fitch Ratings has today assigned a National Long-term issuer rating of ‘AA-(ind)’ (AA minus(ind)) with a Stable Outlook to India’s Greaves Cotton Ltd (GCL). Fitch has also affirmed the company’s INR300 million commercial paper programme, carved out of funded workin…

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LANCO Infratech Ltd (LITL) has won two super critical power projects with an installed capacity of 3300 MW in Uttar Pradesh. The bids called by the Uttar Pradesh Government for development of the two thermal power projects viz., Prayagraj of 1980 MW (3×660 MW) and Sangam of 1320 MW …

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Temptation Foods Ltd. (TFL) one of India’s leading producers and exporter of frozen fruits and vegetables today reported strong growth and expansion on the back of its recent acquisitions and exponential growth in its production and distribution network. The company also announced aggre…

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JK Tyre & Industries Ltd., today announced the acquisition of a renowned Mexican Tyre company Tornel. The acquisition would be for 100% shareholding in the company and is being made through Special Purpose Vehicle (SPV) route. The transaction will involve an amount of approximately R…

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Microsoft Corporation India, leader in software for personal and business computing and HCL Infosystems, India’s premier information enabler, leading ICT System Integrator and Distribution Company – today announced a set of initiatives which will further strengthen their long-lasting…

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Atlas Copco (India) Ltd has signed an agreement to acquire 25% of Focus Rocbit Pvt Ltd and Prisma Roctools Pvt Ltd in India, to strengthen the Group’s position in the market for drill bits and hammers. Focus Rocbit Pvt Ltd is a manufacturer of bits for rotary drilling and Prisma Ro…

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Fitch Ratings has today assigned a National Long-term Issuer rating of ‘A-(ind)’ (A minus(ind)) to India-based Adhunik Metaliks Limited (AML). The Outlook is Stable. Fitch has also assigned ‘A-(ind)’ (A minus(ind)) ratings to the company’s long-term bank loan…

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