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| Fein floats Indian subsidiary | 19-NOV-09 |
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| Germany-based Fein, a power tool manufacturing company, on Wednesday floated its Indian subsidiary — Fein India Pvt Ltd — headquartered in Chennai. |
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| Clear view | 16-NOV-09 |
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| While Motherson Sumi’s prospects on the back of robust order flows are good, the recent spurt in its share price means that gains are factored in. |
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| Opto subsidiary in India manufactures the Intelligent Controller | 04-NOV-09 |
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| Opto Circuits (I) Ltd. (OCI)’s India-based subsidiary, Advanced Micronic Devices Ltd (AMDL), has manufactured the core function i.e. the Intelligent Controller for the Parking management system which is an AMDL & Exultsoft technologies Pvt ltd design. |
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| Eicher subsidiary signs MoU with Vinn Group | 04-NOV-09 |
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| VE Commercial Vehicles (VECV), a subsidiary company of Delhi-based Eicher Motors (EML) has signed a non-binding memorandum of understanding (MoU) with the Vinn Group of Sweden to explore business opportunities in the field of engineering design services. |
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| JK Tyre to double exports from Mexican plants | 03-NOV-09 |
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| JK Tyre and Industries is aiming to double exports from its Mexican subsidiary, Tornel, within a year, and is looking at the Central and Southern American markets for expansion. |
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| Gammon Infra hikes stake in Vizag Seaport | 06-OCT-09 |
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| Gammon Infrastructure Projects has acquired 22.8 million shares of Vizag Seaport (VSPL) increasing its stake in the firm to 73.76 per cent and made it a subsidiary of the company. |
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| Cambridge Tech to divest arm | 06-OCT-09 |
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| Cambridge Technology Enterprises (CTEL), a Hyderabad-based provider of service-oriented architecture-based solutions, will be divesting its wholly-owned subsidiary – CTE Global Solutions Private Limited. |
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| Grasim to shift cement assets to subsidiary | 04-OCT-09 |
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| Grasim Industries of the Aditya Birla Group will merge its cement businesses with its subsidiary, UltraTech, to create the country’s largest standalone cement company. As a first step, Grasim today said that it will demerge its cement business and transfer it to a new subsidiary called Samruddhi Cement. In the next stage, Samruddhi will be merged with UltraTech. |
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| Opto subsidiary in US signs OEM agreement with another US company | 30-SEP-09 |
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| Opto Circuits (I) Ltd. (OCI)’s wholly-owned US-based subsidiary, Criticare Systems Inc. (CSI), has forged a strategic multi-year OEM (Original Equipment Manufacturing) contract with another US company to privately label its anesthesia monitor for the signed partner. The agreement leverages CSI’s unique anesthesia gas monitoring technology in applications that involve the calibration and maintenance of anesthesia equipment in some of the leading hospitals in the United States. |
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| MTL close to buy German co's Indian subsidiary | 30-SEP-09 |
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| India's leading electronic manufacturing services provider, Mobile Telecommunications, is close to sealing the acquisition of Pune-based Wieler International Electronic (WIE), by end-this year. |
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Content Guide
