6 Indo Rama top honchos leave

As many as six top functionaries have left the Rs 2,000-crore (Rs 20 billion) Indo Rama group in the last several months.It started when Arun Kapoor, who was holding the portfolio of president......

Indo Rama plans US venture with Pegasus

Polyester producer Indo Rama Synthetics (India) is setting up a joint venture in the US with Pegasus Global of Thailand. It expects to close the deal in early April.Named StarPet inc, the venture......

Indo-Rama inks pact with Germany's Zimmer

Leading polyster maker Indo-Rama Synthetics on Thursday forged an alliance with German construction and engineering company Zimmer AG for its Rs 900 crore (Rs 9 billion) polyster expansion project......

Indorama SPL snaps up Nigerian firm for $225 mn

After a series of negotiations spread over almost a year, the SP Lohia-owned Indorama SPL has sealed the acquisition of Nigerian Eleme Petrochemicals for $225 million. SP Lohia is the brother of OP......