The world’s largest privately-held spirits company Bacardi will shed its slow- mover tag in India and pursue acquisition opportunities in the region. Bacardi could be in the reckoning if Vijay Mallya-led United Spirits (USL) went ahead with private placement of minority stake in the company.
“We have been ‘very slow’ in growth markets like India, but [...]
Ratnagiri Gas and Power Pvt (RGPPL), the erstwhile Dabhol project, could tap the capital market by the end of this year. RGPPL is planning an IPO to raise Rs 1,000 crore.
Speaking to newspersons here, Mr R.K. Goel, Chairman, RGPPL, said: “The RGPPL board will consider converting the private limited company into a public limited company [...]
United Siprits (USL) is in the process of overhauling its retail strategy, which will include a shift in focus to premium offerings. USL is set to launch designer liquor stores or ‘destination outlets’ — called Spiritz & More — this week, said a company official.
These ‘experience stores’ will have a premium feel, and is a [...]
Textile machinery maker Lakshmi Machine Works Ltd is facing a slowdown in order flow as mills hit by muted demand defer expansion, but expects orders to pick up in 2008/09, a senior official said on Thursday.
The company, which holds more than 60 per cent of the Indian spinning machinery market, has barely managed to replenish [...]
Empee IPO : Empee Distilleries IPO
Empee Distilleries IPO opens on NOV 1 2007
Diversification Plan
Empee Distilleries IPO proceeds will be used for future development.
The company is expanding its distillation capacity at its existing unit in Tamil Nadu.
Planning to set up a 60-klpd distillery in Nellore District, Andhra Pradesh.
Empee Distilleries Ltd is planning a public issue to [...]