Diamond Power signs pact to buy stake in Utkal Galavanisers
Diamond Power Infrastructure said it has entered into a preliminary pact to acquire a strategic stake in Orissabased Utkal Galavanisers. “The acquisition will further augment Diamond Power’s leadership position in the equipment space for power transmission and distribution,” Diamond Power’s Chairman Suresh Bhatnagar said. Diamond Power is an integrated player in the power equipment business......