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Railways to float Rs8,000 crore tenders for transmission network New Delhi: The Indian Railways is looking to award six tenders worth Rs 8000 crores (US$ 1.17 billion), for setting up of a country-wide electricity transmission network, as part of a strategy to reduce electricity bills....

Livemint January 20, 2017

Motherson Sumi buys Finnish wiring harness maker PKC for €571 mn Mumbai: Motherson Sumi Systems Ltd, an automobile components manufacturer, has acquired Finland-based truck wire maker PKC Group Pic for € 571 million (US$ 607.42 million), which will help the company expand its presence in the global wiring har...

Business Standard January 20, 2017

Mahindra acquires 75% stake in Turkish farm-equipment maker Hisarlar Mumbai: Mahindra and Mahindra Ltd has acquired a majority 75.1 per cent stake in Hisarlar, a Turkey-based farm equipment company, which will help the company expand its farm equipment business in Turkey and Europe....

Livemint January 20, 2017

Jewellery exports to US rise 7.8% in October-December India's shipment of gems and jewellery to the US rose 7.81 per cent year-on-year to US$ 2.52 billion during October-December 2016: Gems and Jewellery Export Promotion Council (GJEPC)...

Business Standard January 20, 2017

Govt to take steps to boost private investment in roads, shipping New Delhi: Mr Mansukh L Mandaviya, Union Minister of State for Road Transport & Highways, Shipping and Chemical & Fertilizers, has stated that the Government aims to boost corporate investment in roads and shipping sector, along with introduc...

Economic Times January 20, 2017
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