HAL sells 10 acres in Pimpri to Ellora group

Indian Express : Ailing public sector firm Hindustan Antibiotics Limited (HAL) has sold 10 acres of land owned by the company at Pimpri for Rs 49 crore. The ‘Hindustan Antibiotics Mazdoor Sangh’ had objected the move by the company to sell the land last year. The company had issued tenders to sell the land around six months ago, which got no response. Following its decision to put the 10-acre land at Pimpri-Chinchwad on the block again recently, it received offers from five developers includi