Based in the town of Praj industries has acquired majority shares percent 50.2 Neela Systems Limited for around Rs 70 crore. Neela system is a Mumbai-based company that has business interests in water treatment and process systems modular, focusing on biotechnology, pharmaceuticals, science and cosmetic industry. With this development, Neela becomes a subsidiary of Praj but will operate as an independent entity. Neela has a turnover of around Rs 88 crore and is regarded as a leader in high-purity water segment. Praj Scouting for acquisitions in the area of water
The STAR Union Dai-ichi life (SUD Life) recently announced the launch of a Policy in the city of Dhan Suraksha platinum. The company said the plan aimed to individuals allowing them to take advantage of tax savings and benefits on their high net worth. The products targeted at consumers who want to make significant life protection covers along with an alternative choice to get their return on investment, the company said in a statement. G V Ramana, VP (distribution), the star Union Dai-ichi life insurance Co. Ltd., saying, Dhan Suraksha platinum is a unique plan that has a powerful combination of guaranteed savings for Your protection and guaranteed for the future of your loved ones Ramana says plan. allow people to make a one time investment that guarantees the amount paid by the end of ten years.