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Skymap Pharma to buy state-run Indian Medicines Pharma for Rs 121 croreThe inter-ministerial committee has officially sanctioned the acquisition of the Indian Medicines Pharmaceutical Corporation by Skymap Phar...- India's privatisation drive derails because of weak investor interestIndia faces challenges in its privatisation program. Three planned sales are under consideration for shelving due to weak investor interest...
- Adityanath signed Rs 1.5L crore worth deals on Singapore-Japan visit: UP GovernmentAdityanath has signed Memorandums of Understanding (MoU) worth Rs 1.5 lakh crore and also received investment proposals worth Rs 2.5 lakh c...
- Japanese investors plan to double stake in AG&P PrathamThe Japanese consortium plans to double its stake in AG&P Pratham, potentially becoming the majority stakeholder before the company's IPO i...
- Modi govt said to ditch privatisation plans, pour billions in state-run firmsIndian Prime Minister Modi is investing billions in struggling state-run firms, diverting from prior privatisation plans. Notable investmen...
- Pact signed for sale of MSTC arm to Japanese firm Konoike TransportMSTC signs a share purchase agreement with Japan's Konoike Transport for the strategic disinvestment of Ferro Scrap Nigam for ₹320 crore. T...
- Govt approves sale of FSNL to Japan's Konoike Transport Co for Rs 320 croreThe government has approved the privatisation of Ferro Scrap Nigam Ltd (FSNL) to Japanese company Konoike Transport Co Ltd for Rs 320 crore...
- Maruti Suzuki looking at transporting more vehicles via railways to cut down costs and reduce emissionsMaruti Suzuki plans to increase railway transportation to cut costs and emissions. It has invested Rs 1081 crore to commission in-plant rai...
- Indian Railways cuts SUV mass transport rates by 33%According to officials aware of the matter, the new rates for transporting SUVs is 33% lower than the existing charges for moving large pas...
- Railways helping automakers cut transportation cost, carbon footprintApart from a reduction in overall logistics costs, using railway rakes offers the convenience of efficiently transporting multiple batches ...
- Maruti, others use Railways to transport vehicles; move helps companies save on costs, reduce emissionAs much as 16% of all passenger vehicles produced in the local market were transported via railways in the last financial year, a four-fold...
- Syama Prasad Mookerjee Port signs MoU with All Tripura Merchant AssociationFormerly known as the Kolkata Port Trust, SMP has entered into 35 MoUs entailing a cumulative investment of Rs 25,000 crore in port-related...
- Logistics firms will be GST’s biggest unnoticeable beneficiariesGovt’s “Make in India” initiative is likely to boost manufacturing sector to 10% growth.
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