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CORPORATE
OUTLOOK:
Reliance to invest $23 m for work on Cauvery asset
New Delhi, Aug. 10 Reliance Industries plans to invest about $22.75 million for work on its discovered deepwater Cauvery asset. ...
MERGERS & ACQUISITIONS:
Large M&As must be notified within 30 days of inking of pact
To help cos get green signal from Competition panel. Companies going for large mergers and acquisitions would have to notify the Competition Commission of India (CCI) within 30 days of signing the Shareholders Agreement or Asset Purchase ...
OUTLOOK:
Stanley Lifestyle looking to supply car upholstery to auto majors
New Delhi, Aug. 10 Automobile majors such as BMW, Volkswagen and Skoda are looking to source leather upholstery for their cars from India. They are currently in talks with Chennai-based Stanley Lifestyle for OEM purchases. Stanley is ramping ...
OUTLOOK:
Modern India looks to set up free trade warehousing zone in Panvel
To provide infrastructure for trading, storage relating to foreign trade. Mumbai, Aug. 10 Modern India Ltd is in the process of acquiring land on the outskirts of Mumbai, to set up a Free Trade Warehousing Zone ...
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