Soon, 'Nitol-Tata' shoes, cycles in Bangladesh

The Tata Group's agreement with one of the largest conglomerates in Bangladesh, the Nitol Niloy group, to make footwear and bicycles is likely to bear fruit soon.Abdul Matlub Ahmed, chairman of the......

Escorts in pact with Bangladesh firm

Escort India is set to manufacture tractors in Bangladesh through a joint venture with the Nitol-Niloy group.The plant, to be set up in Kishoregunj district of Bangladesh, is expected to go into......

VIP to acquire Carlton luggage brand

The Dilip Piramal-promoted VIP Industries is acquiring the Carlton luggage brand from the United Kingdom-based Carlton International for an undisclosed sum. The company is in the process of......

Exide drops Bangladesh venture

Storage battery major Exide Industries Ltd has dropped its plan to set up a manufacturing facility in Bangladesh and also put on hold its joint venture with a Malaysian firm to set up a reclamation......