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Patanjali has inked a memorandum of understanding (MoU) with the government of Telangana to set up a food processing park in the state.Proposed food processing park may have units for edible oil, fruit pulp and spices processing.Also, the company expressed its interest in developing indigenous seed varieties and an animal feed value chain in the […]

  Company said it was aiming to use this lab to support Indian food and beverage companies as they look at developing lower calorie products for Indian consumers. It is offering a customised range of products that complement the Indian palate, including tailored blends for carbonated drinks, juice drinks, ketchups, powdered drinks, yogurts, flavoured milks […]

Global automotive seating solutions provider Adient will invest USD 30 million to set up a prototyping and testing facility in Pune. Facility, the largest of its kind to come up in the country, will be functional by late next year, Adients vice-president for engineering and chief technical officer Detlef Juersus said here.Ground-breaking ceremony for the […]

A dam will be constructed on Dudhi river in Madhya Pradesh. Project will entail an investment of Rs 1,400 crore.Proposed dam will irrigate 1.50 lakh acre and will benefit the farmers of Hoshangabad and Narsinghpur districts. The irrigation facility will carry a pipeline for maximum use of water from the dam.

Europe’s largest motorcycle maker in terms of volume, in which Bajaj Auto has a significant stake, is aiming to nearly double output from India. It’s looking at 1.8-1.9 lakh units in the next three to five years with the country contributing 45% to its global sales. Austrian sports bike maker, which acquired Husqvarna brand a […]

A car factory in this city named after Toyota, the usual robots with their swinging arms are missing. Instead, workers intently fit parts into place by hand with craftsmanship-like care. Big moment on the assembly line comes when two bulbous yellow tanks of hydrogen are rolled over and delicately fitted into each car’s underside.While much […]

Everstone Capital-backed Ascent Health and Wellness has racked up multiple acquisitions across the country as the Mumbai-based company pushes deeper into the pharmaceutical distribution space. Four-year-old company is targeting more buyouts by the end of the current fiscal. Founded by IIM Ahmedabad alum Siddharth Shah, Carnegie Mellon graduate Hardik Dedhia and Narsee Monjee Institute of […]

Merck foundation partners with India to build healthcare capacity in Africa Merck Foundation, a non-profit company established in June 2017 at the Fourth edition of their annual “Merck Africa Asia Luminary” held in Cairo, Egypt. For the first time Merck foundation brings Asia and Africa together in their annual conference, with the aim to explore […]

Israel said on Wednesday it received bids to explore for oil and gas in its economic waters from Greece’s Energean and a consortium of Indian firms including ONGC Videsh, Bharat PetroResources, Indian Oil Corp and Oil India. Israel says Greek and Indian firms to explore offshore.Israel hoped it would draw 2-3 foreign firms to come […]

Shell Lubricants, the global market leader in finished lubricants, has partnered with Uber, the world’s largest on-demand ridesharing company to provide premium services to driver partners registered with the Uber App. Lubricants major along with Pitstop (a doorstep car service company,) is setting up kiosks at Uber’s Partner Service Centres across the nation to help […]