Kid killed, 8 hurt in school bus accident in Rajsamand

Udaipur : A 6-year-old kid died while atleast 8 children were hurt when their school bus overturned on the school way near a toll plaza at Manawaton ka Guda village in Charbhuja of Rajsamand district on Wednesdaymorning. The vehicle was carrying 20 children to school when the unfortunate incident took place. Break failure was said to … Read more

Bajaj Finance raises Rs 485 crore through private placement

Bajaj Finance has raised funds aggregating to Rs 485 crore through private placement. The Debenture Allotment Committee of the company at its meeting held on October 31, 2017, has allotted 4850 Secured redeemable non-convertibles debentures of face value of Rs 10 lakh each aggregating to Rs 485 crore. Bajaj Finance, the lending and investment arm … Read more

LG Balakrishnan to terminate Dealership, Hire Purchase Agreements with Tata Motors

LG Balakrishnan & Brothers has received an approval to initiate steps to terminate the Dealership & Hire Purchase Agreements between the company and Tata Motors within December 31, 2017. The board of directors at its meeting held on October 31, 2017 has approved for the same. The decision to close the Dealership & Hire Purchase … Read more

Strides Shasun to merge wholly owned subsidiaries with itself

Strides Shasun has received an approval for the Scheme of Amalgamation for the merger of its wholly owned subsidiaries (WOSs) viz., Arrow Remedies, Fagris Medica and Strides Chemicals, with itself. The Board of Directors of the company at their meeting held on October 31, 2017, considered and approved the same. The merger is expected to … Read more

Maruti Suzuki reports 9.5% growth in October sales

Maruti Suzuki India has sold a total of 1,46,446 units in October 2017, growing 9.5% over the same period of last fiscal. This includes 1,36,000 units in the domestic market and 10,446 units of exports. The company had sold a total of 1,33,793 units in October 2016. The company reported sales growth despite 4.2% drop … Read more

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