Page 31 - Manufacturing Industry

Sun Pharma acquires Novartis' oncology brand Odomzo for $175 mn

Acquisition of Odomzo (sonidegib), which has marketing approval in over 30 countries including US, E

KEI extends collaboration with Swiss firm Brugg Kabel for EHV cables

With the government's focus on infrastructure projects, KEI expects the demand for extra high voltag

Smart cities will result in high demand for uPVC windows: Mario Schmidt

According to Mario Schmidt, MD, Lingel Windows & Doors Technologies, the company plans to launch Ind

Linde and Praxair merger to create $30 bn industrial gases behemoth

The combined entity will leverage upon unique strengths of each company - Linde's long-standing leadership in technology with Praxair's operational excellence

Commercial Syn Bags to use solar energy to power MP plant

The company has placed an order with Ujaas Energy for purchase of 1.0 MW solar power generating system for this purpose

Philips Healthcare to raise output of Pune facility

The company also aims to widen R&D activities of its healthcare innovation center (HIC) in Pune

Tata Coffee plans to set up Rs 350-crore manufacturing plant in Vietnam

The freeze dried coffee plant in Vietnam, which is the largest robusta coffee growing region, will serve the company's global customers

Opto Circuits bags Rs 91 crore order from Philips Healthcare

As per the long term contract, the company will supply various types of medical devices to Philips Healthcare

Glenmark to enhance R&D activity and focus on specialty products for growth

The company is targeting 30 percent of total revenues from specialty and innovation segments over the next decade

Nano Dimension delivers 3D printer to leading defence company

This marks Nano Dimension's fifth delivery of the DragonFly 2020 3D printer, following deliveries to leading companies from a variety of industries

M&M forms JV with PSU firm MSTC for auto shredding plant

The shredding plant will recycle end of life vehicles (ELVs), white goods and other products for the production of ferrous and non-ferrous shredded scarp

NTPC-Nalco JV to set up Rs 14,000-cr power plant in Odisha

The proposed 2,400 MW super critical power plant will supply uninterrupted power to Nalco's aluminium smelter at Angul

Ceat plans Rs 2,800 cr investment to raise tyre production

With this, it aims to raise capacity by 1 mn tyres per annum for truck bus radials, 17 mn tyres per annum for 2-wheelers and 6 mn tyres per annum for passenger car radials

BHEL bags Indian Railways' Rs 200 crore contract

As per the order, the engineering major will supply 118 sets of IGBT-based traction converters for 3 phase 6,000 HP electric locomotives

Gujarat govt to pick 26% stake in Swan Energy's Rs 5900 cr LNG project

State government will be part of this project through Gujarat State Petronet Limited (GSPL) and Gujarat Maritime Board (GMB)

India well-equipped to face hike in Fed rates & oil prices: Dr Arvind Subramanian

However, according to the chief economic advisor, the main challenge is in the form of weakening of Chinese currency and other competing economies

Welspun to set up Rs 600-cr carpet manufacturing facility in Gujarat

It has also started a wastewater treatment facility at Anjar. Welspun will reuse the treated water from this facility for its production activities, thus reducing its dependency on Narmada river

Baxter acquires Claris Injectables for $625 million

With this acquisition, the US-based pharma company will add global portfolio of sterile injectables, robust pipeline, and manufacturing capabilities

IT major Infosys invests in drone maker IdeaForge

IdeaForge's unmanned aerial vehicle (UAV) have been widely deployed by the Indian Armed Forces for surveillance, crowd monitoring and rescue operations

Promoters hike stake in fragrance & flavour firm S H Kelkar

Promoters bought 0.93 percent stake from PE firm Blackstone Group (which sold its 4 percent stake in the company) for a total consideration of Rs 40.46 crore