Latest News for: Industrial conglomerate


Thyssenkrupp Nucera opens Aussie office gearing up for hydrogen growth

Renewables Now 17 May 2022
The company, which is a joint business of German industrial conglomerate Thyssenkrupp AG (ETR.TKA) with Italy's Industrie De Nora SpA and offers 20-MW standard electrolyser modules, is looking to supply ...

Versace and Fendi join forces, drop Fendace collection

Gulf News 17 May 2022
This might be a first for the fashion industry ... According to the brands, this is a celebration of Italian fashion and is disruptive to the status quo in the fashion industry ... The Fendace collections signify the coming together of two luxury conglomerates, which is rare in the incredibly competitive industry ... Image Credit. Supplied ... .

Security Services Adapting to Uncertainty About Future Impact of Pandemic-Era Social Trends

Victoria Advocate 17 May 2022
From one-person consulting firms to global conglomerates, our analysts provide companies with unbiased, reliable industry market research and analysis to help them make important business decisions. With over 100 studies published annually, we support over 90% of the industrial Fortune 500 companies.

Nearly 4 in 10 listed firms cut workforce in 2021 amid pandemic

Korea Times 17 May 2022
gettyimagesbank ... KERI, the research arm of the country's conglomerate lobby Federation of Korean Industries, attributed the on-year drop in job-reducing firms to their improved performances bolstered by a recovery in demand and brisk business by "untact" sectors. Yet their total workforce has yet to recover to pre-pandemic levels, the institute said.

IOC net tanks 31% in Q4 on fuel price freeze but company ends FY22 with record profit, revenue

The Times of India 17 May 2022
NEW DELHI ... It pegged consolidated revenue, including those of subsidiaries, even higher at Rs 7.36 lakh crore. Reliance Industries, billionaire Mukesh Ambani’s oil, petrochemicals, telecom and retail conglomerate, had last week reported a revenue of Rs 7.92 lakh crore in 2021-22 ... The company’s net profit for the fiscal stood at Rs 60,705 crore ... .

Cannabis Confidential: After many failed attempts, SAFE Act looks like it may finally pass

Worcester Telegram 17 May 2022
This may be because the current bill would do virtually nothing to address equity in the cannabis industry or to specifically help minority-owned businesses compete with the cannabis conglomerates that are currently controlling large swaths of the industry ... the cannabis industry.

Lotte, Hanwha, Naver, OCI to join business meeting with Biden

Korea Times 16 May 2022
... to Korea, according to industry sources Monday ... But an industry official said, "Chances are high that the chiefs of each conglomerate could attend the meeting in person given that they did so when Biden's predecessor, former President Donald Trump, visited Korea in June 2019.".

Adani clinches $10.5 bn deal to buy Ambuja Cements, ACC; sees huge headroom in cement

The Telegraph India 16 May 2022
The Rs 813.61-billion agreement with their parent, the Swiss cement heavyweight Holcim, overnight makes the Adani Group the second-largest player in the country’s fragmented cement industry, and furthers the conglomerate’s aim of being an overarching presence in Indian infrastructure.

Saudi Arabia’s Astra Industrial posts 48% rise in quarterly profit

Arab News 16 May 2022
Riyadh-listed Astra Industrial is a conglomerate of various sector companies, engaged in pharmaceuticals, specialty chemicals, ...

Why India's two richest men are battling for share of its streaming market

The National 16 May 2022
Last month, conglomerate Reliance Industries' Viacom18 Media — controlled by Mukesh Ambani — formed a joint venture with James Murdoch's Bodhi Tree Systems to form one of the largest TV and digital streaming companies in India ... India's streaming industry is in its early stages of development, with plenty of room for expansion.

Despite Rout Across Global Market, NGX Capitalisation Gains N1.17trn in One Week

Algeria Times 16 May 2022
“The Conglomerates Industry followed with 263.830 million shares worth N540.313 million in 1,651 deals. The third place was The Consumer Goods Industry, with a turnover of 238.964 million shares worth N5.816 billion in 7,635 deals.

Billionaires face off in final battle for Boots

Chicago Business 16 May 2022
Britain's billionaire Issa brothers and Indian tycoon Mukesh Ambani are preparing to face off in the final battle for Walgreens' Boots drugstore chain ... Ambani is an experienced operator who’s keen to expand the retail arm of his conglomerate Reliance Industries Ltd.  ... Exclusive, actionable intel on the local health care industry.

BUA: Supporting Nigeria’s Food Security Drive

Algeria Times 16 May 2022
He pointed out that, “BUA Group is one of the largest indigenous conglomerates in Africa and we have continued to invest heavily in the nation’s food industry, and have built eight ultra-modern factories across the country where we refine and process sugar, flour, pasta products, edible oils, and rice.

Goa CM Pramod Sawant meets Tata chief, discusses investment

The Times of India 15 May 2022
Chief minister Pramod Sawant on Saturday said that collaboration and investment by industry conglomerates like Tata Sons will offer great opportunities for Goa ... Industries minister Mauvin Godinho and chief secretary Puneet Kumar Goel were also present at the meeting.

Goa CM interacts with Tata Sons Group, others to boost investment

Suryaa 15 May 2022
... State Industries Association were present ... Investment by industry conglomerates like Tata Sons shall offer great opportunities for Goa," Sawant tweeted.

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