Welspun Corp, part of 3 billion dollar Welspun Group through its subsidiaries initiated agreements to acquire majority stake in Saudi Arabia pipe facility and a pipe coating facility. The board of directors has given their approval in a meeting held on 04 May 2010. This investment would be subject to regulatory approvals and statutory compliances in both India and Saudi Arabia.
Source :www.biginfotech.in
Source :www.biginfotech.in
No comments:
Post a Comment