March 06, 2026 11:17 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Sensex, Nifty tumble as global tensions and Dow selloff rattle Indian markets | Two IAF pilots killed as Su-30MKI fighter jet crashes in Assam | 'Who is the US to permit?': Congress slams Modi govt over Trump administration’s waiver on India’s Russian oil purchase | US makes surprise move: India gets 30-day waiver to buy Russian oil amid global supply crisis | India edge England by 7 runs in thriller to reach T20 World Cup 2026 final | 'Guest of India struck in international waters': Iran furious after US submarine torpedoes IRIS Dena | Bihar's 'Susashan Babu' Nitish Kumar announces exit as CM, set for Rajya Sabha debut | ‘Baseless’: India rejects claims US used its ports to strike Iran | Defiant silence: Iran women’s team refuses anthem days after Khamenei’s death | 'You’ll find out soon': Trump hints at massive retaliation after Riyadh attack, says ‘boots on ground’ may not be needed

Pincon Spirit acquires Singapore based Orbitol Solutions

| | Feb 18, 2016, at 06:31 pm
Kolkata, Feb 18 (IBNS): Pincon Spirit Limited - PSL , through Overseas Direct Investment (ODI) has acquired Orbitol Solutions Pte. Ltd. (OSPL), a company incorporated in Singapore under Companies Act Cao.50, having its Registered Office in Singapore, with effect from Feb 16.

There are strategic plans to have OSPL as Subsidiary Company of PSL. 

OSPL is engaged in the business of Merchant Trading and Agri Commodities and their business is dispersed throughout South East Asia.

This strategic ODI would enable PSL to export its own brand of “Ultra Force XXX Jamaican Rum” to the South East Asian Market. Simultaneously PSL would be importing foreign made liquor and pulses of foreign produce for marketing the same in India.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm