Kolkata-based KKN Group has made entry in the steel making business after getting hold of Balaji Ispat Pvt. Ltd.

The above declaration was made by the company's top representative on Wednesday.

Kolkata-based FMCG major Emami has informed that it is searching the options to build a manufacturing facility in Africa, with the aim to bolster its hold in the ontinent.

According to the sources, the conglomerate is mulling to pump around Rs 90 crore for the proposed facility which is expected to be functional by fiscal 2010.