Tag Archive for industries

Sayaji Industries and Alland & Robert sign MOU for a proposed joint venture

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Sayaji Industries Limited announced today that its subsidiary, Sayaji IngriTech LLP, has entered into a Memorandum of Understanding {“MOU”) with France-based Alland & Robert one of the largest manufacturers of Gum Arabic worldwide, for a proposed joint venture.

 

The proposed joint venture will leverage the manufacturing and distribution capabilities of Sayaji Industries in the food and food ingredients space in India. Allan & Robert will provide the technological and gum processing expertise to provide its customers with a quality product that is currently not being produced in India. Read more

LUX Industries goes Green with Solar Unit installation at Dankuni Plant

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Lux Industries Limited (BSE: 539542 | NSE: LUXIND) known for its innovative and customer-demand driven product offerings, creating new benchmarks for quality and comfort over the years is now going green in a bid to replenish the environment and reiterate their commitment towards nature and mother earth. The company recently installed a 1 Megawatt solar unit in their plant at Dankuni which is spanned over 6 lakh sq. ft. and is one of the largest facility in the hosiery industry. The Dankuni plant was inaugurated in June 2016. With this solar installation Lux became one of the rarest private sector companies who have been able to setup a solar unit in one of their factories. The company shelled out INR 5 Crore approximately for the project. Read more

Flair Writing Industries Limited files DRHP with SEBI

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Flair Writing Industries Limited (Flair), a leading manufacturer of writing instruments in India with a focus on pens, which according to CRISIL contributes 70-75% of the domestic writing instruments industry in India in value terms, filed its DRHP with SEBI on September 24, 2018.

 

The Company’s flagship brand “Flair” was introduced in 1976. As of June 30, 2018, Flair had one of the largest distributor/dealer networks in the pen segment in India comprising more than 7,250 distributors and approximately 250,000 wholesalers and retailers, according to CRISIL.

Flair’s products are sold under principal brands “Flair”, “Hauser” and “Pierre Cardin”, as well as other brands “Rudi Kellner” and “Landmark”. They have been a manufacturer since March 2017 and the exclusive distributor since January 2017 of certain “Reynolds” branded pens in India. Flair owns the exclusive rights to the “Pierre Cardin” trademark in India for class 16 products, including pens and also are distributor of “ZIG” pens in India. Read more

Viaan Industries Ltd. to launch their online poker site www.PokerRaj.com

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Viaan Industries Ltd. (BSE: 537524), a popular licensing, entertainment & gaming company promoted by leading entrepreneur, Raj Kundra, and celebrity Shilpa Shetty Kundra announce the launch of their online poker site www.pokerraj.com
The company has a strong and growing presence in the real money gaming (RMG) sector from
www.gameofdot.com to www.chasebid.com and now the latest offering PokerRaj.com
Viaan Industries Ltd. launched the first official poker league of India named Match Indian Poker League in an exclusive tie-up with the International Federation of Poker. With over 10 teams and 100 of the best poker players in India participating to represent their country at the Nations Cup. The latest offering www.pokerraj.com is an exciting addition to their vast gaming enterprise and completes the loop by promising to be the King of Poker by bringing to the table a number of offerings for all Poker enthusiasts in India.  Read more

Reliance Industries Completes Acquisition of 5% Stake in Eros International PLC at $15.00 Per Share

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Eros International PLC (NYSE: EROS) (“Eros”), a leading global company in the Indian film entertainment industry, announced today that following customary approval processes, the sale of a 5% stake in Eros to Reliance Industries Limited (“Reliance”), previously announced on February 20, 2018, has been completed.

 

Reliance has acquired 3,111,088 newly issued A ordinary shares from Eros which represents 5.0% of Eros’ current issued and outstanding ordinary share capital on a pro forma basis. The purchase price was $15.00 per share, which represents a total cash consideration of $46.6 million.

 

Goldman Sachs & Co. LLC acted as exclusive financial advisor to Eros International Plc in this transaction. Read more

Maharashtra State Industries & Mining Minister Shri Subhash Desai announces special cluster, R&D centre & common sharing facility for plastics industry

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Shri Subhash Desai, Hon. Maharashtra State Minister for Industries & Mining lights the traditional lamp in the presence of Shri AK Basak, Chairman, PLEXCONCIL (R) and Shri Shyamal Mishra, Jt. Secretary, Union Ministry of Commerce & Industry, Government of India (L) on the occasion of PLEXCONCIL honouring top exporters with awards for FY16 and FY17

The Plastics Export Promotion Council (PLEXCONCIL) honoured top exporters of plastics with Council Awards for the years FY16 (2015-16) and FY17 (2016-17) in the presence of Shri Subhash Desai, Hon. Maharashtra State Minister for Industries & Mining and Shri Shyamal Misra, Joint Secretary, Ministry of Commerce & Industry, Government of India held on July 21, 2018. India’s export of plastics posted a growth of 17.1% at USD 8.85 billion during the year 2017-18 as against USD 7.56 billion in 2016-17, registering a faster pace of growth than the overall merchandise export growth from India as per PLEXCONCIL. Read more

Fine Organic Industries Ltd. Listing Ceremony

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

The management of Fine Organic Industries Ltd Mr. Prakash Kamat (Chairman) and Mr. Mukesh Shah (Managing Director) with other dignitaries at the gong on the occasion of the listing ceremony of Fine Organic Industries Limited held today in Mumbai at the BSE.

 

(L-R): The management of Fine Organic Industries Ltd Mr. Prakash Kamat (Chairman) and Mr. Mukesh Shah (Managing Director) with Mr. Ashish Kumar Chauhan (MD & CEO) BSE while exchanging the memento at the listing ceremony of Fine Organic Industries Limited held today in Mumbai at BSE.

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Fine Organic Industries Limited: Initial public offering of equity shares of face value Rs. 5 each (the “Equity Shares”) to open on June 20, 2018* and to close on June 22, 2018

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Mr. Devan Kampani (JM Financial Limited), Mr. Tushar Shah (Chief Financial Officer, Fine Organic Industries Limited), Mr. Prakash Kamat (Chairman, Fine Organic Industries Limited), Mr. Mukesh Shah (Managing Director, Fine Organic Industries Limited), Mr. Jayen Shah (Chief Executive Officer, Fine Organic Industries Limited) and Mr. Jibi Jacob (Edelweiss Financial Services Limited) at Fine Organic Industries Limited IPO Press Conference held in Mumbai today.

Fine Organic Industries Limited (the “Company”) proposes to open on Wednesday, June 20, 2018*, an initial public offering of 7,664,994 Equity Shares through an offer for sale by the promoter group selling shareholders (the “Offer”). Read more

Reliance Industries partners with SHRM India to host Asia’s Foremost HR Tech Conference in Hyderabad

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

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SHRM India in partnership with Reliance Industries Ltd. will be organizing the HR Technology Conference & Exposition. Being the 4th of its kind, #SHRMTech18 is set to transform Hyderabad into a melting pot of revolutionized HR Tech trends.

Dates: 26 & 27 April, 2018

Venue: Hotel Novotel, Hyderabad

 

Technology has become an indispensable part of our everyday life and has greatly come to transform and enhance the way we live and work. The two-day conference allows you to witness the latest HR tech innovations where professionals and tech trend-experts gather to create a thriving tech-led HR to keep organizations future ready. With forecasted spikes in workforce, every organization must gear up with only the best HR tech trends, which enable quicker decision making, accurate predictions and equip professionals with the necessary tools to meet specific needs and goals. It’s time to talk about the best HR practices and unveil what’s next – #SHRMTech18. Read more

Accudyne Industries Selects LTI as its IT Infrastructure & Security Management Partner

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Larsen & Toubro Infotech Ltd. (NSE: LTI, BSE: 540005), a global technology consulting and digital solutions company has been selected by Accudyne Industries, LLC (Accudyne Industries) as the transformation partner to provide IT Infrastructure & Security Management Services.  Accudyne Industries is a leading global provider of precision engineered, process-critical and technologically advanced flow control systems and industrial compressors.

Accudyne’s businesses support complex, large-scale installations within oil and gas, energy, petrochemical, chemical, industrial manufacturing, construction, mining, and water and wastewater treatment industries. Accudyne chose LTI as its consulting and IT services partner to enhance end-user experience while attaining  flexibility and scalability across its business landscape. LTI will provide services leveraging an intelligent, global, managed services engagement model supported by a command and security operations center. Read more