COMPANY NEWS
Mukand Sumi begins building steel rolling plant.

Mukand Sumi begins building steel rolling plant.

Mukand Sumi Special Steel Limited - a joint venture between Mukand Limited and Sumitomo Corporation, Japan – is setting up a new steel rolling facility at an approximate cost of... Full Story

Mahindra to invest Rs. 1,000 cr in electric vehicles by 2020.

Mahindra to invest Rs. 1,000 cr in electric vehicles by 2020.

Mahindra & Mahindra is in the process of investing Rs. 1,000 crore on development, production, research and development of electrical... Full Story

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Hindalco to invest Rs. 6,000 crore on downstream facilities.

Hindalco to invest Rs. 6,000 crore on downstream facilities.

Hindalco, the country’s largest aluminium producer, will invest “at least” Rs. 6,000 crore towards setting up of downstream facilities over... Full Story

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Adnoc signs long-term LPG sales deal.

Adnoc signs long-term LPG sales deal.

Abu Dhabi National Oil Company (Adnoc) said recently it had signed a 10-year agreement with Wanhua Chemical Group under which the Chinese company would purchase 1... Full Story

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Dragon Oil to boost capacity by 3 times by 2025: CEO.

Dragon Oil to boost capacity by 3 times by 2025: CEO.

Dragon Oil, a subsidiary of Dubai-based government firm Emirates National Oil Company (Enoc), will invest $13 billion (Dh47.7 billion) in the development of existing projects... Full Story

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