HUDCO achieves level of loan sanctions of Rs 17993.36 crore

Housing and Urban Development Corporation (HUDCO) has achieved the level of Loan Sanctions of Rs 17993.36 crore and Loan Releases of Rs 19487.00 crore (Release against current year sanction is Rs 10706.08 crore and release against previous year sanction is Rs 8780.92 crore), as on February 28, 2019, for the financial year 2018-19. HUDCO finances … Read more

Havells’ consumer durable brand launches ‘Grande Series’ of ACs

Mumbai : Havells India’s consumer durable brand — Lloyd has launched fastest cooling Air Conditioners ‘Grande’ for the upcoming summer season. The new range of Grande ACs can cool down the temperature to 18 degrees Celsius in just 45 seconds. The new range of ACs are aesthetically designed with a new Acrylic Panel and equipped … Read more

Shoppers Stop opens new store in Nasik

Shoppers Stop has on March 15, 2019, opened its ‘Shoppers Stop’ store at JK Square, Trimbak Road, Nasik. With this, the company has now 84 ‘Shoppers Stop’ stores (including five airport stores) under its operations. Shoppers Stop is engaged in the retailing business. It runs a chain of departmental stores with brands including Shopper’s Stop, … Read more

Jet Airways cancels operations at Abu Dhabi Airport

Abu Dhabi Airport

Mumbai : Jet Airways has cancelled all its flights from Abu Dhabi with immediate effect from March 18, 2019 due to operational reasons. The company has proactively taken some adjustments to its flight schedule on account of non-availability of some aircraft in its fleet in the foreseeable future. Jet Airways is India’s premier international airline, … Read more

SEBI imposes fine of over Rs 10 crore on Sybly Industries

Securities and Exchange Board of India (SEBI) has imposed a fine of over Rs 10 crore on Sybly Industries in a matter related to manipulation in the issuance of global depository receipts (GDR). The penalty follows a probe by the regulator regarding the firm’s allotment of 1.51 million GDR amounting to $6.99 million on the … Read more

Firstsource Solutions to transfer entire investment held in WOS to Firstsource Solutions UK

Firstsource Solutions e1640587773952

Firstsource Solutions has received an approval to transfer its entire investment/ ownership in Firstsource BPO Ireland, wholly owned subsidiary (WOS) of the company, to Firstsource Solutions UK, wholly owned subsidiary of the company and accordingly, consequent to transfer of investment/ ownership, Firstsource BPO Ireland will be the wholly owned step-down subsidiary of the company. The … Read more

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