IRB Infrastructure’s arm achieves financial closure for Vadodara-Mumbai Expressway project

IRB Infrastructure Developers’ Wholly-owned Subsidiary (SPV) — VK1 Expressway has achieved financial closure for the project of construction of eight lane Vadodara Kim Expressway from Km 355.00 to Km 378.740 (Padra to Vadodara section of Vadodara Mumbai Expressway) in the State of Gujarat under NHDP phase -VI on Hybrid Annuity Mode (Phase IA-Package I). With … Read more

RIL reports more than double growth in retail business revenue in Q2FY19

Reliance Industries (RIL) has reported more than double growth in retail business revenue for the quarter ended September 30, 2018. Revenue of retail business for Q2FY19 grew by 121.5% Y-o-Y to Rs 32,436 crore from Rs 14,646 crore. Accelerated store expansion, strong value proposition and focus on customer experience across all consumption baskets has resulted … Read more

USFDA issues four minor observations to JB Chemicals’ Gujarat facility

US Food and Drug Administration (USFDA) has issued four minor observations to JB Chemicals & Pharmaceuticals’ solid oral manufacturing facility at Panoli, Gujarat. The company proposes to address these observations within next 15 days. These observations will not have any impact on the current business and will facilitate ANDA of capsule product that is already … Read more

Intellect’s iGTB enters into partnership with PPI AG

Intellect Global Transaction Banking (iGTB), the transaction banking division of Intellect Design Arena, and PPI AG, the leading software product company in Europe have entered into partnership to provide advanced end-to-end integrated solutions for transaction banking localised for the needs of German and French banks. With the average IT spent in Europe expected to increase … Read more

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AC’s special mode saves energy and cools all night! “4-Star Safety: Affordable Family Cars at 3.5 Lakhs!” OnePlus 13 price slashed on Flipkart!