Plant is being set up in Bangalore to complement these acquisitions.Mumbai: Mahindra has acquired a majority stake in two Australian companies, Aerostaff Australia and Gippsland Aeronautics. The acquisitions have been made jointly with Kotak Private...

Chennai: McNally Bharat Engineering Company Ltd has been awarded a project worth Rs. 330 crores by Steel Authority of India (SAIL), the country's largest integrated iron steel producer, to provide a turnkey solution for a New Coal Handling Plant in...

New Delhi: Minister for Commerce Industry, Shri Anand Sharma today inaugurated the 9th CII-NID Design Summit. On the occasion he released the CII India Design Report and the CII-Raunaq Singh Innovation Grid, a platform to facilitate commercialization...

Mumbai: A fire accident occured at Mahindra Mahindra Ltd's Nagpur Factory on December 14, 2009. A minor fire broke out at the Nagpur tractor manufacturing factory in the Engine Testing Bed. Though, nobody has been injured in this incident, this had...

Kolkata: The Ruia Group today announced it's acquisition of Henniges Automotive Grefrath GmbH, a supplier of automotive sealing systems, with a manufacturing facility in Grefrath, Germany. We aspire to be a global major in the business of manufacturing...