Work on the 5,000 TCD (tonnes crushing per day) state-of-the-art, integrated sugar complex of Empee Sugars and Chemicals Limited at Edaikal in Ambasamudram taluk of Tirunelveli district is going on in full swing with the company having already raised 1,000 acres of seed cane out of the to…

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ICICI Bank Ltd, India’s second largest Bank, and The Export-Import Bank of the United States (Ex-Im Bank) today signed a Memorandum of Understanding (MOU) for USD 250 million to work together for financing the capital goods imports of Indian corporates from USA. This understanding is a…

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Lupin Ltd., announced today that the Company has entered into a multi-year promotion and marketing agreement for the AeroChamber Plus® line of products with Forest Laboratories, Inc. Under the terms of the agreement, Lupin Pharmaceuticals, Inc, USA, will use its 50 person sales force to…

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MindTree Limited (“MindTree”), a global IT and R&D Services Company, today announced the launch of MindTree Foundation, a not-for-profit organization. The announcement coincides with the 9th anniversary of MindTree. MindTree Foundation will function as a corporation under the ov…

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Mahindra’s Farm Equipment Sector, one of the world’s top tractor brands and the market leader in India, today signed an agreement to form a Joint Venture (JV) in China with Jiangsu Yueda Yancheng Tractor Manufacturing Co. Ltd. (Yancheng Tractor), a leading Chinese tractor manufacturer…

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The Toll Technology specialist EFKON India, a subsidiary of Efkon AG, along with its new shareholder, the construction Giant Strabag SE, has received orders to build and manage toll management services for three prestigious projects worth Rs 28.05 crores. These include: The Bangalore Elev…

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Parsvnath Hotels Ltd. (PHL) a subsidiary of Parsvnath Developers Limited (PDL), India’s leading company in real estate and infrastructure development with strategic tie-ups in hospitality sector has announced the appointment of Mr. D. N. Davar, Mr. B.K. Goswami, Mr. V.K. Chopra and Mr. …

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CRISIL has assigned ‘AA+f’, ‘AAAf’ and ‘AAf’ rating to DWS Money Plus Fund, DWS Liquid Plus Fund and DWS Credit Opportunities Cash Fund respectively. CRISIL has upgraded the rating to DWS Money Plus Fund to ‘AA+f’ from ‘AAf’, indicating that fund’s portfolio holding,…

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Vietnam Steel Corporation (Vietnam’s largest steel company), Vietnam Cement Industries Corporation (Vicem) and Tata Steel, world’s sixth largest and Asia’s first integrated steel company, signed a Joint Venture Agreement (JVA) for the proposed steel complex in Vietnam today. This 4….

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Markets likely to open …

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