GMB insolvency: Borosil exits loss-making German unit GMB, focus shifts to India’s booming solar glass market – Times of India

GMB insolvency: Borosil exits loss-making German unit GMB, focus shifts to India’s booming solar glass market – Times of India

Borosil Renewables has moved to exit its German solar glass business, with its step-down subsidiary GMB Glasmanufaktur Brandenburg GmbH filing for insolvency, as the company shifts focus to the fast-growing Indian solar glass market.In a regulatory filing, Borosil said GMB has applied for the commencement of insolvency proceedings before the Insolvency Court in Cottbus, Germany,…

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Kerala CPM set to chart new path, eyes private participation for revival of loss-making PSUs | India News – The Times of India

Kerala CPM set to chart new path, eyes private participation for revival of loss-making PSUs | India News – The Times of India

KOLLAM: CPM’s state conference on Sunday unanimously re-elected M V Govindan as the party’s secretary of the Kerala unit. Unlike a decade ago, there was no factional dissent in the conference, with all members in the official panels getting elected unopposed.Only those in the good books of CM Pinarayi Vijayan, the de-facto leader of both…

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