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Texmaco Rail bags order worth Rs 110 crore

Texmaco Rail & Engineering has received an award of order valuing approximately Rs 110 crore for design, manufacture, supply, installation, testing and commissioning of Automatic Fare Collection System (AFC) from Mumbai Metro Rail Corporation. Further, the company has received LOI for 12 rakes of BLC type wagons valuing Rs 152 ... Read More »

Indag Rubber gets nod to enter into pact with Elcom Systems

Indag Rubber has received an approval to enter into contract (s)/ arrangement(s)/ transaction(s) with Elcom Systems (P), for sublease of State-of-Art Maintenance, Repair and Overhaul (MRO) facility at Bhiwadi (Rajasthan) to be constructed in two phases with estimated capital cost of Rs 30 crore admeasuring 1,50,000 square feet for a ... Read More »

Dhabriya Polywood wins ‘Best Employer 2017 Award

Dhabriya Polywood has been awarded ‘Best Employer 2017 Award’ by the Employers Association of Rajasthan. Dhabriya Polywood is mainly into the business of manufacturing and selling of PVC profiles and fabrication of uPVC Doors and Windows, Partitions, Ceiling, Paneling, Fencing, Prefabricated Structures, Prefabricated Walls & Buildings and allied products. Read More »

Orient Electric to launch new ceiling fan in premium range

Orient Electric is launching a new ceiling fan in the premium range. The announcement will be made through a press conference to be held in New Delhi on January 16, 2019. Orient Electric has established itself in the market as a one-stop brand for lifestyle electrical solutions which include Fans, ... Read More »

M&M to hike stake in Ssangyong Motor

Mahindra & Mahindra (M&M) has decided to hike stake in Ssangyong Motor Company(SYMC), a listed subsidiary of the company, by subscribing 1,18,90,606 equity shares of SYMC at a price of KRW 4,205 per equity share aggregating KRW 50 billion (equivalent to around Rs 316.5 crore). Accordingly, the shareholding of the ... Read More »