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BUSINESS

HDFC disburses Rs 2,300 crore as subsidy under PMAY

Housing Development Finance Corporation (HDFC) has disbursed subsidy of more than Rs 2,300 crore under the government’s flagship housing scheme Pradhan Mantri Awas Yojana (PMAY), benefiting over one lakh first time home buyers. The company has approved Rs 22,136 crore of home loans under CLSS to homebuyers belonging to the ... Read More »

CESC executes agreement with Maharashtra State Electricity Distribution

CESC has executed a distribution franchisee agreement with Maharashtra State Electricity Distribution Company governing power distribution rights for Malegaon Municipal Corporation Area under Malegaon Circle in the state of Maharashtra. Malegaon Power Supply, a 100% CESC subsidiary, will undertake the distribution franchisee operations. CESC is engaged in power generation and ... Read More »

TTK Prestige enters into partnership with Satin Creditcare Network

TTK Prestige has entered into partnership with Satin Creditcare Network to provide affordable and healthy cooking solutions to low income groups in South India. TTK Prestige will be selling pressure cookers, induction cooktop and mixer grinders to over 70,000 existing company clients in Karnataka and Tamil Nadu. This partnership with ... Read More »

TCS among America’s top 50 companies for diversity

Tata Consultancy Services (TCS) has been recognised among the top 50 companies in the US for diversity and inclusion management by excelling in areas as hiring, retaining and promoting women, minorities and people with disabilities. The company was selected as one of DiversityInc’s Top 50 Companies – out of more ... Read More »

GAIL India to list its subsidiary ‘Gail Gas’

GAIL India is planning to list its subsidiary Gail Gas and is aggressively investing in city gas distribution to create volumes before it takes the company to the market. The company has also planned a capital expenditure of Rs 54,000 crore, which it will spend over the next two-three years ... Read More »

Meghmani Organics installs additional capacity to manufacture 2,4-D

Meghmani Organics has installed additional capacity to manufacture 2,4-D a widely used and environmental friendly herbicide. For this, the company has set up additional production facility at its existing agro manufacturing facility situated at Bharuch in the state of Gujarat. Meghmani Organics is a leading manufacturer of pigment and pesticide ... Read More »

TV18 Broadcast’s arm to launch Colors Gujarati Cinema

TV18 Broadcast’s subsidiary — Viacom18 Media is going to launch its second Gujarati channel Colors Gujarati Cinema on June 1, 2019 as a pay channel. It will be a part of the network’s primary COLORS wala Value+ Pack. TV18 Broadcast operates one of India’s leading 24-hour English language news and ... Read More »

IndiGo gains on reporting 5-fold jump in Q4 net profit

Interglobe Aviation (IndiGo) is currently trading at Rs. 1666.00, up by 3.00 points or 0.18% from its previous closing of Rs. 1663.00 on the BSE. The scrip opened at Rs. 1705.00 and has touched a high and low of Rs. 1716.00 and Rs. 1655.00 respectively. So far 275809 shares were traded ... Read More »