| |
Piramal Holdings adds a touch of virtual reality to marketing bid
Piramal Holdings, the real-estate entity of the Ajay Piramal group, has adopted an innovative method to market its up-coming hi-tech shopping complex, Crossroads, at Tardeo in south-Mumbai. The ultra-modern shopping complex is being developed with Afcons Infrastructure and will incorporate features like car-lifts, roof-top and basement parking lots, escalators among others.
 |
|
Shasun restructures manufacturing operations at Cuddalore, Pondicherry
Shasun Chemicals and Drugs plans to restructure operations in its factories at Cuddalore and Pondicherry so that each manufactures one type of drug. The Pondicherry facility will be manufacturing Ibuprofen and S-Naproxen, whereas the Cuddalore facility is being reoriented to manufacture only Ranitidine and intermediates.
|
 |
Goodyear takes over South Asia Tyres as Ceat sells 50% stake
Ceat, the RPG group company, has decided to sell out its entire 50% stake in South Asia Tyres to equal stakes partner Goodyear Tire & Rubber, the world's third largest tyre company. It is learnt that Ceat will be paid around Rs 85 crore for the 50% stake against its initial contribution of Rs 77 crore to the venture.
|
BEL plans to shift away from defence-oriented production
Bharat Electronics (BEL) has chalked out a product diversification plan and a distinct shift away from the defence oriented products to overcome the curbs imposed by the US on it. BEL will go ahead with its plan to shift from military-grade products to industry-grade products in order to improve its focus on the civilian sector.
|
