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Prism Cement’s arm completes expansion at Morbi plant

Prism Cement’s step-down joint venture – Spectrum Johnson Tiles (Spectrum) has successfully completed the expansion of 3 million m2 (MSM) per annum large format Glazed Vitrified Tiles capacity at its Matel plant, Morbi. The plant has capability to produce large format GVT i.e. 120cmx120cm, 120cmx180cm and 120cmx240cm amongst others. The ... Read More »

Facebook Shares Suffer Biggest Single-Day Drop In 4 Years

San Francisco: Shares in Facebook, the world’s largest social media company, on Monday suffered the biggest one-day drop of its stocks in four years. Facebook shares declined 7 per cent on Wall Street, following reported data leakage of its 50 million users for alleged political purposes. Losses for Facebook shares ... Read More »

Sensex Rises 100 Points, Nifty Above 10,100

The BSE Sensex gained as much as 100 points on Tuesday morning, reversing losses earlier in the session, despite weakness in other Asian markets. The 50-scrip NSE benchmark index, Nifty, rose 29 points to hit an intraday high of 10,123. Gains were led by IT and energy stocks, with the ... Read More »

India Value Fund sells 1.8% stake in TD Power

India Value Fund IV has sold a little over six lakh shares or 1.8 per cent stake in TD Power Systems. The fund house has offloaded 2.52 lakh shares on the NSE at an average price of Rs 201.05 a share and 3.48 lakh shares on the BSE at Rs ... Read More »

ICICI Bank enters into partnership with Swiggy

ICICI Bank has entered into partnership with Swiggy, India’s largest food ordering and delivery platform. The partnership is to roll out two innovative digital solutions to facilitate a convenient and hassle-free way for delivery partners to transfer funds to Swiggy. This move will enable thousands of Swiggy’s delivery partners to ... Read More »

TCS features as a Leader in Cloud Enablement Services by Everest Group

Tata Consultancy Services (TCS) has been recognized as a ‘Leader’ in Everest Group’s report ‘Cloud Enablement Services – Market Trends and Services PEAK Matrix Assessment 2018’. The report enlightened the company’s end-to-end mature Cloud Enablement Services Suite, internally developed IP for Cloud and technology alliances as its key strengths. TCS ... Read More »

Intelligent transport system can reduce mishaps on Yamuna E’way: IRF

New Delhi :  Expressing concern over increasing road accidents on Yamuna Expressway, the International Road Federation (IRF) today recommended implementation of an intelligent transport system (ITS) on the expressway. “The driving condition on Mumbai-Pune expressway and Noida-Agra expressway are different than other roads. For safe driving, ITS along with strict enforcement ... Read More »