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INDIA INVESTMENT NEWS

Shift in communication and targeting strategy has been accompanied by a complete overhaul of Croma stores. Tata Group-owned Infiniti Retail, which operates the electronics and white goods retail chain Croma, is getting back on track. Defying intense competition from pure-play e-commerce players, the company has cut down its losses to Rs 570.9 million in the […]

Avon Cycles is expanding production capacity at its plant in Ludhiana by some 50%. Company is infusing EUR 12.5 million in the hiked capacity which enables production of some 15,000 bicycles per day. Plant currently has the capacity to produce 10,000 units per day. An additional floor area of 2,40,000 square feett will be also […]

Firm eyes urban kitty with honey-based vegetable-fruit blend juice products; will double capacity to 300,000 cases/day with Rs.6 billion capex. On track to doubling its capacity, Vadodara-based Manpasand Beverages is looking to take on soft drink majors in FMCG sector with its latest health drink brand ‘Siznal’. Targeting the healthy drinking consumers, Manpasand Beverages has […]

MoU signed on Wedne provides for transfer of knowledge and skill by the IIT Madras experts in the areas essential to carry out research, including mathematical, analytical and artificial intelligence. Indian Institute of Technology (IIT), Madras and the Airports Authority of India (AAI) have joined hands to take up collaborative research on air navigation systems […]