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Shell opens its first lubricant laboratory in India.

Royal Dutch Shell's India unit recently said it has opened the company's first lubricant laboratory at its technology centre in Bengaluru, further expanding the company's R&D efforts both for the country and internationally. This is the... Full Story

Vedanta bags two copper blocks in Maharashtra.

Mining and metals major Vedanta Ltd. recently said it has been declared the final bidder for two copper mining blocks in... Full Story

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PNC Infratech announces receipt of Rs. 145.63 crore towards final arbitration award in Narela Annuity Project.

PNC Infratech Limited announces the realization of Rs. 145.63 crore on 17 May 2019 by one of its wholly owned... Full Story

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LATEST HEADLINES FROM MIDDLE EAST AND NORTH AFRICA

Horses Stable closes deals worth Rs. 41.5 cr with 18 startups.
Fund raising startup Horses Stable, recently said it has helped 18 startups raise funds worth Rs.41.5 crore from investors. Also, discussions are in progress between investors... Full Story
EDII, DST to support student start-up projects.
The Entrepreneurship Development Institute of India (EDII), in coordination with the Department of Science & Technology (DST), Government of India, will take up over 2,000... Full Story
Integral Coach Factory rolls out 60,000th rail coach.
The Integral Coach Factory (ICF) recently celebrated a major milestone by rolling out its 60,000th rail coach — a feat that took the ‘jewel’ of Indian... Full Story
Orient Refractories Ltd. completes acquisition of IEIPL.
Orient Refractories Ltd. has completed the formalities with regard to acquisition of the entire paid-up equity share capital of "Intermetal Engineers India Private Limited" (IEIPL)... Full Story
Spencer Retail reports turnover of Rs. 2,187 crore in FY 19, plans to acquire Nature's Basket.
Spencer's Retail, part of the RP Sanjiv Goenka Group, reported turnover of Rs. 2,187 crore for the year ended March 31 and announced a plan to acquire... Full Story
ORIX agrees to take control of IL&FS Wind Energy.
In a move that could be of some respite for IL&FS lenders, Japan’s ORIX Corporation has agreed to take control of IL&FS’ wind energy company... Full Story
Mahindra Partners invests Rs. 226 crore in eye-care speciality chain Centre for Sight.
Mahindra Partners, the investment arm of automobiles-to-information technology conglomerate Mahindra Group, has invested Rs. 206.5 crore in specialty eye care chain Centre for Sight, with the transaction... Full Story
Vedanta, ONGC, RIL-BP in fray for oil, gas blocks offered under OALP-II, III rounds.
Vedanta, ONGC, Reliance Industries–BP, Indian Oil Corporation and Bharat PetroResources have bid to develop oil and gas blocks in the second and third rounds of... Full Story