New York, Jan. 10: Global chemicals major DuPont will acquire Denmark’s enzyme and speciality food ingredients maker Danisco for $5.8 billion. Both companies have a presence in India. As part of the deal, DuPont will shell out cash worth $5.8 billion apart from assuming Danisco’s debt of $500 million.
New Delhi, Jan. 10: The Rail Board and Rashtriya Ispat Nigam Limited have signed a memorandum of understanding to set up a Rs 300-crore rail axle manufacturing factory in New Jalpaiguri.
New Delhi, Jan. 10: The oil ministry will take a decision on the validity of the stake sale by Cairn India to Vedanta Resources by early next month, petroleum secretary S. Sundareshan said today.
New Delhi, Jan. 10: The government has exempted sugar imports from customs duty till March 31 even as the country started exporting the sweetener.
Calcutta, Jan. 10: Reliance Footprint, the footwear speciality store of Reliance Retail, hopes to touch a topline of Rs 2,000 crore in five years.
