MANUFACTURING
Apollo Micro Systems Receives CCI Clearance For Premier Explosives Buy
Apollo Micro Systems Ltd (AMS), an Indian defence electronics and systems company, said the Competition Commission of India (CCI) has held that its acquisition of Premier Explosives Ltd does not constitute a combination under the Competition Act, 2002. The CCI has therefore concluded that the transaction does not require its approval. AMS had voluntarily filed […]
CW Bureau
·
Sep 24, 2026
MANUFACTURING
Solar Industries To Buy South Africa’s Omnia For $1.355 Bn For Expansion
Solar SA Investments Proprietary Ltd, a wholly owned step-down subsidiary of Nagpur-based Solar Industries India Ltd, and Omnia Holdings Ltd have signed definitive agreements for the acquisition of Omnia’s outstanding shares in an all-cash transaction valued at approximately $1.355 billion (₹12,951 crore). Solar Industries, a manufacturer of industrial explosives, said the proposed acquisition would significantly […]
CW Bureau
·
Sep 14, 2026
ECONOMY
Coal India Insulates Indian Coal Users From Increasing Input Costs
Coal India Ltd (CIL) is absorbing a sharp rise in input costs, including explosives and industrial diesel, to insulate coal consumers from a cascading increase in energy prices. Rising input cost pressures The state-owned miner has refrained from passing on the cost escalation, despite significant increases in key inputs. The price of Ammonium Nitrate (AN), […]
CW Bureau
·
Apr 10, 2026
