India’s biggest sugar refiner, city based Shree Renuka Sugars is in the race to acquire a majority stake in Brazil’s Equipav Group for an estimated $300 million (Rs 14 billion). If successful, this would be Renuka Sugar’s second acquisition in Brazil. The company has submitted bids for the sugar and alcohol assets of Equipav Group [...]
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Factions is not a design house. It has a rare capability of executing every assignment with conceptual clarity & thoughtfulness. This enables the organization to provide solutions for critical behavior of the target audience. Strong market presence and proximity to the final audience helps Factions to provide strategic conceptual solutions that are reflected in their [...]
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This could be the best for North Karnataka as huge amount of investors have been asked to pen shop here. The State High-Level Clearance Committee (SHLCC) presided by Chief Minister B S Yeddyurappa on Tuesday cleared the investment in many areas. They are as Follows: GAIL will lay 746-kms of gas pipeline from Dhabol to [...]
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New Year has become a festival where people forget all bad deeds and differences, drink, and welcome the New Year in a good mood. On 31 December 2009 Rs.72 lakhs worth Indian made foreign liquor (IMFL) and 42 lakhs worth of beer was sold in a single day. The MSIL store alone sold whopping liquor [...]
View PostIn the past year, nine cases have been filed in two police stations against these online scam which are basically Multi level marketing companies. Jeevan Dhan, Swiss cash, Dollar in cash, Max growth, reliable, IQs, F S growth and many others are the companies under the scanner. These companies have gathered about 700 crores from [...]
View PostBelgaum based Shree Renuka Sugars has decided not to continue negotiations with the Saraogi family for control of Balrampur Chini because of differences over valuation. The Saraogi’s own a 36.6% stake in the company. Source: ET
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Shree Renuka Sugars, (head quartered in Belgaum) which is India’s biggest sugar refiner is negotiating to acquire Balrampur Chini Mills, just about one-and-a-half month after Bajaj Hindusthan failed to strike a similar deal. If a deal eventually materializes, Shree Renuka will buy the Kolkata-based Saraogi family’s 36.5 per cent stake in Balrampur and will subsequently [...]
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The lovers of the drop in Belgaum must be feeling like its Diwali time as they have to spend more to get the same peg they got earlier. After the opening of MSIL liquor store in the city other wine shops which were charging more than the MRP are now selling at MRP. The city [...]
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The MSIL liquor shop recently opened in Belgaum city is the talk of the town amongst drinkers and teetotalers as well. MSIL shop will sell IMFL (Indian Made Foreign Liquor) at MRP rates which are a HIT for Drinkers but at the same time its HITing the business of other liquor sellers in city who [...]
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The mother son duo is ranked 93rd in its recent 2009 Forbes India rich list. According to the list, Ms. Murkumbi along with her son Narendra Murkumbi, has a net worth of $490 million. India’s Richest #93 Vidya and Narendra Murkumbi Net Worth: $490 million Age: 60/40 Marital Status: Widow, 2 children/Married, 2 children Hometown: [...]
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It feels great to see the sensex zoom past the 5000 mark & also see Tendulkar go past 17000 but it feels bad to see Tea costing Rs.9 per cup and Onions costing you Rs.35/Kg. With this entire rise, Gold is also moving upward direction and now 10 grams will cost about Rs.17800 and Silver [...]
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By Satish Kumar Aerospace park planned near Bangalore airport Karnataka Industrial Areas Development Board (KIADB) has acquired land for the proposed 1,000-acre aerospace park to be developed near the international airport at Devanahalli in Bangalore. The park will include an aviation MRO-related activities (maintenance, repair, and overhaul) and 250 acre of an export-oriented aerospace SEZ. [...]
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