Editor Welspun Enterprises’ subsidiary — Welspun Sattanathapuram Nagapattinam Road (WSNRPL) and National Highways Authority of India (NHAI) have executed the Concession Agreement on December 3, 2018 for four-laning of Sattanathapuram to Nagapattinam (Design Ch Km 123+800 to Km 179+555) section of NH-45A (New NH – 332) in the State of Tamil Nadu under NHDP Phase-IV on … Read more
VST Tillers Tractors has reported sales of Power Tillers and Tractors for the month of November 2018. The company has sold 2108 units of Power Tillers, while the Tractors sales of the company stood at 628 units for the month ended November 2018. VST Tillers Tractors was incorporated in technical collaboration and joint venture with … Read more
Aurobindo Pharma is expecting to receive an approval for its first biosimilar product in the US in the next 12-18 months, while in Europe, the company hopes a green signal by 2022. Aurobindo Pharma is engaged in manufacturing pharmaceutical products. It offers active pharmaceutical ingredients, intermediates and generic formulations like astemizole, domeperidone and omeprazole; anti-infective, … Read more
Shivam Autotech has reported around Rs 43 crore sales in the month of November 2018. Previously, the company had achieved around 35% increase in sales in the month of October 2018 compared to corresponding month in the previous financial year. Shivam Autotech is engaged in the manufacture of several different kinds of gears Spline Shafts
Ruchira Papers has planned annual maintenance shutdown of its Writing and Printing Paper Unit and accordingly the plant will remain shut from December 04, 2018 onwards for a period of one week. The kraft paper unit shall remain in operation and there would not be any adverse impact on the financials of the company due … Read more
Hindustan Unilever (HUL) has received approval for scheme of amalgamation with GlaxoSmithKline Consumer Healthcare (GSKCH) and their respective shareholders and creditors. The Board of Directors of the company at their meeting held on December 03, 2018, approved the same. GSKCH is the one of the key players in the Foods and Refreshment (F&R) category with … Read more
Maharashtra Seamless has successfully bagged Rs 920 crore order for supply of seamless casings, tubings, line pipes and ERW pipes from India’s premier national oil company ONGC against stiff competition from domestic/foreign manufacturers. Maharashtra Seamless provides a whole range of high-class, customizable and innovative seamless pipes and tubes using state-of-art technology. The company also manufactures … Read more
Ejecta Marketing has launched new retail Birthday store at Forum Rangoli Mall, Belur, Howrah on December 01, 2018 and the new store is now fully operational. This will be company’s fourth successful launch of its chain Birthday store branch due to the huge response of its product. It also plans to launch the franchisee model … Read more
Steel Strips Wheels (SSWL) has achieved gross turnover of Rs 204.52 crore in November 2018 as against Rs 172.75 crore in November 2017, there by recording a growth of 18% and achieved Net turnover of Rs 172.52 crore in November 2018 as against Rs 138.85 crore in November 2017, recording a growth of 24%. SSWL … Read more
Surya Roshni has obtained orders aggregating to Rs 49.18 crore (inclusive of GST) for design, manufacture, testing, supply and warranty of LED Street Lights and other related works in the State of Andhra Pradesh (A.P) from Energy Efficiency Services (EESL) under SLNP (Street Light National Program) and for supply of API 3LPE Coated line Pipes … Read more
Bharti Airtel’s wholly owned subsidiary — Nxtra Data is reportedly eyeing to set up 10 new data centres with four being planned in Kolkata, Mumbai, Pune and Chennai. The data centre business prospects huge demand from over-the-top (OTT) content players and big cloud service providers. This is part of the company’s strategy to become the … Read more
Ceinsys Tech has bagged project from Thane Smart City worth Rs 121.04 crore towards Supply, Installation, Commissioning, Operation & Maintenance for Smart Water Meter & Related infrastructure Work for Water Supply System of Thane City. Ceinsys Tech (formerly ADCC Infocad) is a CMMI (SVC & DEV) Level 3 and a BSE Listed company. A part … Read more
In a bid to expand the arena of movie viewing to the differently-abled people, PVR has started a special programme in 230 screens at 50 cinemas. Under Accessible Cinema Program, the company has plans to provide assistive equipment to ensure access for people with mobility issues. Moreover, screens would have wheelchair-friendly seats. For visually impaired … Read more
Emmbi Industries and Bank of Maharashtra (BOM) have signed Memorandum of Understanding (MoU) to implement the new initiative as ‘Mahabank – Emmbi Jalasanchay Scheme’ for water conservation projects in drought laden Maharashtra State. This is first of its kind funding scheme in Indian Agricultural Sector which will help farmers across the country to avail a … Read more
India Cements has entered into a share purchase agreement (SPA) for acquiring the entire shareholding of Springway Mining, in a phased manner, with an objective of setting-up of a Cement Plant in the State of Madhya Pradesh. The company has acquired the controlling stake of 51% in the paid-up equity share capital of Springway Mining … Read more
Omax Autos has received approval for setting up a new industrial unit for manufacture and supply of ‘Long Member’ at or around Raebareli in the state of Uttar Pradesh. The Board of Directors of the Company at its meeting held on December 03, 2018 has approved the same. The proposed capacity is to be added … Read more
Alembic Pharmaceuticals is planning to raise funds on Private Placement Basis through issuance of Non-Convertible Debentures (NCDs). The Board of Directors of the Company at its meeting to be held on December 06, 2018 to consider the same. Alembic Pharmaceuticals, a vertically integrated research and development pharmaceutical company, has been at the forefront of Healthcare … Read more
NMDC has reduced prices of high grade iron ore (lumps) by Rs 300 to Rs 3,550 per tonne for the month of December 2018 from Rs 3,850 a tonne in November. The company has also cut the prices for iron ore fines, which are inferior grade ore, by Rs 200 to Rs 3,110 per tonne … Read more
Udaipur : A typical modern day tribal youth loves sun glasses, wears a colourful kurta and carries a mobile always in his hand. This fictional delegate, ‘ Gotiyo’ hence seems to be a real life character who is gaining wide popularity among the tribal population in Banswara district these days. Not only the rural people but … Read more
Udaipur : Congress leader and former union minister Jyotiraditya Scindia said the BJP had made big promises to the common man before coming to power. Modi had claimed to open a whole treasure of opportunities for the citizens but the reality is that after coming to power, he had to advice the youths to sell pakoras … Read more