Persistent Systems, Partners HealthCare launch new center of excellence

Partners HealthCare in collaboration with Persistent Systems has formed a new center of excellence – Partners HealthCare Pivot Labs that aims to disrupt the delivery of healthcare to enhance the patient experience, improve clinical outcomes and control costs. Focusing on preventive care, chronic care management and care coordination, Partners Pivot Labs in collaboration with Persistent … Read more

Den Networks gets nod to raise up to Rs 2045 crore on preferential basis

Den Networks has received an approval for raising of funds up to Rs Rs 2045 crore by way of creating, offering, issuing and allotting, in one or more tranches (Proposed Preferential Allotment) 28,14,48,000 equity shares of face value Rs 10 each of the company at an issue price of Rs 72.66 per equity share on … Read more

IndiGo makes Hong Kong as its 15th international destination

InterGlobe Aviation (IndiGo) has made Hong Kong as its 15th international destination. The airline to operate its daily non-stop flight between Hong Kong and Bangalore effective December 11, 2018. As part of its international expansion, the airline also operates daily non-stop flights between India and Colombo, Kuwait, Abu Dhabi, Kuala Lumpur, Male and Phuket. IndiGo … Read more

Kitex Garments incorporates wholly owned subsidiary

Kitex Garments has incorporated a wholly owned subsidiary in the name of Kitex Kidswear for carrying out infantswear business. Kitex Kidswear’s business is similar to the main line of business of listed entity of separate labels. Kitex Garments is a 100% export of cotton garments in infants wear segment mainly in US and European markets. … Read more

Shriram Transport Finance planning to raise funds via NCDs

Shriram Transport Finance Company is planning to raise funds in ordinary course of business by way of issue of redeemable Non-Convertible Debentures (NCDs) on private placement basis. The meeting of Board of Directors of the company will be held on October 25, 2018, to consider the same. Shriram Transport Finance Company is a flagship company … Read more

GNA Axles’ to avail term loan of Rs 60 crore from Central Bank of India

GNA Axles’ board has approved the proposal to avail a term loan of Rs 60 crore for purchase of machinery from Central Bank of India. The Legal, Banking and Finance Committee of the Board of Directors of the company, in its meeting held on October 16, 2018 has considered and approved the same. GNA Axles … Read more

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