“The financial year 2011/12 has been a challenge both for India and the world economy,” said KM Chandaria, chairman of Aegis Logistics Ltd, at the company’s 55th annual general meeting this past July 31.
Connell Brothers, which describes itself as "the largest marketer and distributor of specialty chemicals and industrial ingredients in Asia-Pacific", has opened a new 1,860 m² warehouse in Mumbai.
IOT Infrastructure & Energy Services, the 50/50 Indian Oil Corp/Oiltanking joint venture, has raised Rs 100 crore ($20m) from India Infrastructure Development Fund, the private equity arm of UTI AMC.
