Saturday, 23 May 2015

NEWS WRAP - MAY 23, 2015

  • ArcelorMittal & SAIL (Steel Authority of India Limited) sign a Memorandum of Understanding to set up an automotive steel manufacturing facility in India.
  • Cipla enters into a pact to acquire 51% stake in Uganda Quality Chemicals for over USD 30 million.
  • Honda Cars announce an investment of Rs. 380 crore to expand its production facility at Rajasthan.
  • CCI (Competition Commission of India) orders probe against telecom major Ericson for  an alleged abuse of its dominant position.
Source: Economic Times

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