Contract manufacturer Amber to retire debt with IPO money

Contract manufacturer Amber to retire debt with IPO money

Authors: TheIndianSubcontinent News Agency

The Gurugram-based contract manufacturer Amber Enterprises is aiming to raise Rs 555 crore through an initial public offer and plans to utilise a part of the proceeds to retire debt.

The company, which contract-manufactures ACs for Voltas, Hitachi, Daikin, Godrej, LG, Panasonic and Whirlpool among

Read more...

Yuho Mobile to invest Rs 500 cr, to start India production

mobile-phone

Chinese phone maker Yuho Mobile today said it plans to invest Rs 500 crore to start its production in India as it looks to touch the Rs 1,000 crore sales mark by the end of next year.

“We are planning to invest Rs 500 crore by next year. We are talking to Foxconn for setting up a manufacturing facility at Noida, near Delhi,” Yuho Mobile Business Hea

Read more...
Subscribe to this RSS feed