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The new venture, SK Enmove Gabriel India, will see SK Enmove holding a 51 per cent stake and Gabriel India 49 per cent. Auto components maker Gabriel India on Thursday announced a joint venture with South Korea's SK Enmove to diversify its product portfolio into lubricants and engine oils. The move marks a strategic step in Gabriel India's evolution from a suspension-focused company to a broader automotive systems and components player. The new venture, SK Enmove Gabriel India, will see SK Enm ...Read More >
New Delhi: A racket which was manufacturing and supplying spurious ghee ahead of the festive season has been busted. A total of 2,651 litres of ghee packed under the names of reputed brands have been seized.A raid was conducted at a godown in Budh Vihar, Rohini on Oct 5. Police seized 2,241 litres of fake ghee and arrested the godown owner, Rakesh Garg (38). Two days later, one Mukesh was caught while delivering 410 litres of adulterated ghee in Rohini. His illegal manufacturing unit in Jind, Ha ...Read More >
NEW DELHI: Global oil prices continued their rally to jump past $81 per barrel on Monday -- the highest since August 2024 -- on fear of latest US shipping sanctions impeding flow of Russian barrels, leading to a scramble for Middle-East/US crude and tankers. The rally is bound to put fuel retailers back in the wait-and-watch mode, dashing hopes of a fuel price cut as costlier crude and the weakening Rupee erode margins. Expectations of a reduction in petrol and diesel prices had grown on report ...Read More >
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