GENERAL
Kothari Industrial Corpn To Foray Into Ferrous, Non-Ferrous Metal Business
Kothari Industrial Corporation Ltd (KICL), a Chennai-based diversified industrial conglomerate, is planning to enter the ferrous and non-ferrous metals business as part of its diversification and expansion strategy. The board of the century-old BSE-listed company approved the proposed diversification-cum-expansion plan at its meeting on May 30. The proposed business will cover trading, manufacturing, processing, import, […]
CW Bureau
·
May 31, 2026
MANUFACTURING
Capricorn Systems To Merge With Radical Bio; Shift To Ethanol Business
Capricorn Systems Global Solutions Ltd (CSGL), a Hyderabad-based listed entity, has approved a merger with Radical Bio-Organics Ltd (RBOL) as part of its diversification strategy to exit the IT-enabled services business and enter high-growth distillery and chemical manufacturing segments. On April 11, 2026 the board approved the merger with a 1:1 share exchange ratio. Post-merger, […]
CW Bureau
·
Apr 12, 2026
RETAIL/FMCG
Poomex Clothing Buys Bombay Burmah’s Tea Estate For ₹120 Cr
Tiruppur-based Poomex Clothing Company, along with four partners, has acquired the Dunsandle tea estate in Udhagamandalam from Bombay Burmah Trading Corporation Ltd (BBTC) for a total consideration of ₹120 crore. BBTC said it has already received ₹110 crore from the buyers, with the balance to be paid as per the agreement, adding that the acquirers […]
CW Bureau
·
Mar 28, 2026
