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Weekly presentation on ET


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Weekly presentation on ET

  1. 1. Weekly Presentation on ET{30 Aug-3 Sept}<br />Tanvi Sharma<br />MBA-2C<br />
  2. 2. Bilcare completes acqusition of film making unit of INEOS<br />Indian Pharmaceutical product packaging company Bilcare has completed a Rs 607 crore acquisition of the plastic film making unit of petrochemical company INEOS.<br />The Acquisition will give Bilcare access t clients like Pfizer, Novartis and Johnson & Johnson.<br />
  3. 3. Continued…….<br />After the Acquisition Bilcare will have annual revenue of about Rs 2,500 crore. <br />
  4. 4. Government Further eases cotton exports<br />Government will allow cotton exports of up to 55 lakh bales (1 Indian bale = 170 kg) in the current financial year.<br />India is likely to produce 325 lakh bales of the fibre in 2010/11, up from 295 lakh bales in 2009/10.<br />Duty free export of surplus cotton will begin from Oct 1.<br />
  5. 5. Continued…….<br />Cotton exports last year stood at 83 lakh bales against a production of 295 lakh bales.<br />
  6. 6. Maruti Suzuki to build new auto plant in Manesar<br />Maruti Suzuki India Ltd is planning to construct a new plant in Manesar near its assembly base. Operations in this plant will begin in 2013.<br />The plant will be built at a cost of 356 mndollars with an annual capacity of 250,000 vehicles. X<br />
  7. 7. Continued…….<br />It will boost Suzuki's annual production in India to 1.7 mnunits.  <br />
  8. 8. Miscellaneous News<br />Rishad Premji has been appointed Chief Strategy Officer of India’s 3rd biggest software services exporter.<br />NABARD has sanctioned Rs 110.27 crore to the Himachal Pradesh for creation of rural infrastructure. <br />
  9. 9. Thank you………..<br />