Technip Energies, the engineering company based in Nanterre, France, has won a contract to modernize a refinery in Mumbai, in western India. Business Standard reported that Hindustan Petroleum Corporation Limited, the state-run refiner known as HPCL, awarded Technip Energies an engineering, procurement and construction contract, which the company announced on...
India companies get bolder with outbound acquisition plans
In recent posts, I have reported how India continues to grow at an unprecedented pace despite the global slowdown. Indian companies are leveraging this growth streak to strengthen their corporate portfolios, particularly by making outbound acquisitions in western markets. In April-June 2010 quarter the number of acquisition transactions involving Indian...