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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 […]

Broadcaster Turner International India and real estate developer Rajgreen Group will set up India’s first Cartoon Network branded amusement park in Surat, Gujarat. Both the companies have entered into a brand partnership to set up Amaazia. Rajgreen Group is making an investment of Rs 450 crore in the venture.Park will spread over 61,000 sq mtr […]

Cochin Shipyard has picked Simplex Infrastructures to construct a new ship repair facility at nearby Cochin Port Trust. Project will entail an investment of Rs.610 crore.Ship repair facility will spread over 16.9 ha of land and 15.6 ha of waterfront leased from Cochin Port Trust.New repair facility comprises a ship lift, transfer system and allied […]

Maharashtra government has decided to set up a seed park at Jalna in the central region of the State. The decision to set up the seed park at an investment of ?110 crore was taken on Tuesday at the State Cabinet meeting. Jalna has been chosen for setting up the park because the region already […]

China’s Tiens Group said today that it is planning to set up a manufacturing plant in India to make healthcare, wellness and nutritional products to tap into the huge local market potential. Company, which had recently invested USD 20 million in Vietnam to set-up a wholly owned manufacturing unit, did not share details about the […]

Global private equity fund Carlyle Growth is all set to buy Visionary Revenue Cycle Management (VRCM), a provider of healthcare solutions, for $65 million (Rs 420 crore) from the company’s promoters and venture capital investors. Chennai-based VRCM had raised Rs 15 crore from venture capital firm Indo-US Venture Partners in 2010. Unlisted company’s revenue was […]

Air India unions are likely to meet next week in the national capital to discuss their strategy amid the government going ahead with the disinvestment process. Sources say efforts are on to bring all staff unions of Air India including those of the pilots and engineers on one platform and workout a strategy to deal […]

As it completes a decade of operations in India, Funder Max, the Austrian major that manufactures premium cladding material for buildings, is weighing options to set up a production facility in the near-term. It will depend on the growth rates in the Indian and Asian markets. At present, the proposal is very much in the […]

Tyre manufacturing company, CEAT is planning to set up a greenfield plant in Sriperumbudur near Chennai, Tamil Nadu. Company plans to make an estimated investment of Rs 5,000 crore over three to five years.Company has acquired 163 acre of land through G Square Group and will start its operations with passenger car radial tyres.Initial capacity […]

TV engineering is planning to set up a flour mill with a capacity of 3,000 tpm at Mandideep, in Raisen district of Madhya Pradesh. Work on the project will commence by April 2018. Related Projects: Flour Mill (Mandideep) Project http://www.projectstoday.com/News/Work-on-flour-mill-project-to-commence-by-April-2018