Another sweet news: Indian Potash Ltd (IPL) investing Rs 300 crore on sugar plant/distillery in Muzaffarpur New Delhi: in a latest development, Managing Director P S Gahlaut of the Fertiliser company Indian Potash Ltd (IPL) announced that it will invest about Rs 300 crore to set up a sugar plant and distillery in Bihar. Currently, IPL has five sugar plants in Uttar Pradesh (UP) with a total crushing capacity of 12,000 tonnes of cane per day. ‘We will establish a sugar plant in Muzaffarpur district, in Bihar, along with a distillery to produce Indian-Made Foreign Liquor (IMFL), with an investment... 

Molson Coors and Cobra to invest $35 million in expanding beer production in Bihar Montreal, Denver, Mumbai: according to the latest reports, Molson Coors Brewing Company  and Cobra India has formed a joint venture that will brew and market Cobra beer in South Asia. The deal with Cobra India includes land, a 175,000 hl brewery in Bihar state, with potential to expand to 500,000hl, and a beer portfolio consisting of Cobra Premium, King Cobra Superior and Iceberg 9000. The total investment by Molson Coors is approximately $35 million. The capacity of the Indian brewing industry year ending... 

Infosys planning to start a software development centre in Bihar Patna: according to the latest reports, the IT giant Infosys is planning plans to set up a software development centre in Bihar. Infosys officials recently approached the state government exploring the possibility of acquiring land to set up its centre. The government is considering providing land for Infosys at Bihta near Patna. Official sources stated that the talks were it was still in an early stage and a decision will be taken by the end of March or April. The government has decided to develop an IT park in Bihta, 30 km...