Dalmia Bharat to acquire Jaiprakash Associate’s cement plants

Dalmia Cement, a wholly owned subsidiary of Dalmia Bharat, has entered into an agreement to acquire Jaiprakash Associates’ cement, clinker, and power plants, with a total cement capacity of 9.4 million tonnes (along with a Clinker capacity of 6.7 million tonne and Thermal Power plants of 280MW). The plants are located in the states of

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Va Tech Wabag bags worth Rs 260 crore

WABAG Water Services S.R.L., Romania (WABAG Romania), Va Tech Wabag’s European subsidiary, has secured a repeat order from Purolite S.R.L, Romania (Purolite) worth approximately Rs 260 crore (EUR 30 million) to upgrade the Industrial Wastewater Treatment Plant (WWTP) in Romania. The contract will have an Engineering and Procurement scope that includes design and engineering, equipment

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MTAR signs MoU with IN-SPACe India

MTAR Technologies announced the signing of a Memorandum of Understanding (MOU) with India’s National Space Promotion and Authorization Centre (IN-SPACe) for the design and development of a two-stage to low-Earth orbit all liquid small satellite launch vehicle. Both parties have signed a framework memorandum of understanding (MoU) for various requirements such as avionics, subsystem testing,

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PSP Projects received Letter of Intent (LOI) from Nila Spaces Ltd

PSP PROJECTS LIMITED has received a letter of intent from NILA SPACES LIMITED for the civil construction of a prestigious residential project “VIDA” at GIFT City Gandhinagar – Gujarat. The work entails the development of a project involving the civil construction of the core and shell of 3B+G+33 Floors of High-Rise Residential Towers totaling INR

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V-Guard to purchase Sunflame Enterprises

Major manufacturer of consumer electronics and electrical products V-Guard Industries (V-Guard) announced that it will pay 660 crores to acquire a 100% stake in Sunflame Enterprises Private Ltd. The transaction will be conducted on a cash-free, debt-free basis and is subject to closing adjustments, according to the company, which said it signed a definitive agreement . According

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Jyoti Ltd bags order from Navayuga Engineering Company Ltd.

yoti Limited has received a significant order worth Rs. 21.25 crores from Navayuga Engineering Company Ltd. for the design, engineering, production, testing, and supply of large capacity Vertical Pumps and HT Motors for the Water Resource Department (WRD), Madhya Pradesh. The order covers the provision of 30 pumps and motors ranging in size from 600T

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Lupin Introduces Authorized Generic PENNSAID® 2% w/w in the United States

Lupin Limited (Lupin) announced the launch of an authorised generic version of Horizon Pharma Therapeutics’ PENNSAID® (Diclofenac Sodium Topical Solution), 2% w/w. In the United States, Diclofenac Sodium Topical Solution, 2% w/w (RLD PENNSAID®) had an anticipated annual sales of USD 509 million. Lupin is a worldwide pharmaceutical firm based in Mumbai, India that focuses

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