Engineers
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Franchise India Bureau May 19 2018 - 1 min readJapan’s diversified conglomerate Sumitomo Corporation has agreed to buy a 49% stake in its Indian joint venture Mukand Sumi Special Steel Ltd for Rs 1,181 crore ($173.6 million), said JV partner Mukand Ltd, an auto steel supplier. Sumitomo and Mukand had announced the JV in March 2017, whose proposed Karnataka mill ...
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Franchise India Bureau May 17 2018 - 1 min readIn an endeavor to create awareness on engineering, medical and other courses offered in Russian government institutions The Russian Centre of Science and Culture, Chennai, is organising an education fair here on May 21. The fair is being organised by the Russian Centre in association with Study Abroad, the authorised Indian ...
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Franchise India Bureau Apr 05 2018 - 2 min readFinnish industrial machinery company Metso has confirmed to acquire the valve automation division of Indian valve technology company Rotex Manufacturers & Engineers Pvt. Ltd for an undisclosed amount. Rotex plans to use the proceeds from the sale for restructuring group companies and developing new products, managing director Amit Shah said.