Indo Count Industries Limited has wrapped up the previously announced INR 592.8 crores acquisition of the home textile business of GHCL Ltd. Through the deal, Indo Count Industries acquired certain assets in Bhilad, Vapi in Gujarat of Grace Home Fashions (GHF), the US subsidiary of GHCL. Indo Count Industries said that the deal enables it […]
Goodluck India Ltd., an Indian steel processor, has been issued a letter of intent (Lol) from Larsen & Toubro (L&T) for the Bullet Train Project in India. The value of the contract is INR 198.76 crores. The scope of the contract includes the supply and fabrication of special bridges on the National High Speed Rail […]
Mangalam Drugs and Organics Limited, an Indian manufacturer of active pharmaceutical ingredients (APIs), has commissioned a new intermediate manufacturing facility in Vapi, Gujarat. The API manufacturer said that the intermediate is an import substitute and a key raw material which it was importing from China. Mangalam Drugs and Organics claimed that it is the first […]