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Deep Industries receives LoA of Rs 3.12 crore

Deep Industries has received Letter of Award (LoA) of contract from ONGC, Cambay Asset for Charter hiring of 01 No of work over Rig for a period of 1 year for Cambay Asset. The total estimated value of the said award is around Rs 3.12 crore. Deep Industries has been ... Read More »

HDFC completes issue of Rupee Denominated Bonds

Housing Development Finance Corporation (HDFC) has completed the issue of Rupee Denominated Bonds under the Medium Term Note Programme. The issue size is Rs 500 crore and coupon rate of 8.75% per annum payable semi-annually. The maturity will be on November 29, 2023 (5 years 1 day). HDFC offers a ... Read More »

Wipro’s arm inks pact with Schreder

Wipro’s arm Wipro Enterprises’ Consumer Care and Lighting business has entered into agreement with Belgian lighting manufacturer Schreder. As part of the agreement, Wipro Lighting will market Schreder’s lighting products and solutions in India. Wipro is a leading global information technology, consulting and business process services. The company harnesses the ... Read More »

Piramal Enterprises raises Rs 500 crore through NCDs

Piramal Enterprises has raised funds aggregating to Rs 500 crore on private placement basis. The Administrative Committee of the Board of Directors of the company, at its meeting held on November 29, 2018 has approved the allotment of 5,000 Secured Redeemable Non-Convertible Debentures (NCDs), having the Face Value of Rs ... Read More »

Tech Mahindra, Cisco launch digital experience centre in Bengaluru

Tech Mahindra and Cisco have jointly launched a state-of-the-art digital experience centre in Bengaluru. The centre will showcase use cases for digitization in manufacturing, retail and smart cities. It would also help in collaborate using technology and creating solutions to add value to customers. Tech Mahindra is a leading provider ... Read More »

Zydus Cadila gets USFDA’s final approval for Lansoprazole Tablets

Zydus Cadila has received the final approval from the United States Food and Drug Administration (USFDA) to market Lansoprazole delayed release orally disintegrating tablets (US RLD- Prevacid), 15 mg and 30 mg and tentative approval for Linagliptin tablets (US RLD- Tradjenta), 5 mg. Lansoprazole is in a class of drugs ... Read More »

White Organic Agro enters into Organic Basmati Rice business

White Organic Agro has entered into the vast scalable business of Organic Basmati Rice. The company intends to expand its horizon in the indirect farming business in the northern states for cultivation and business of Organic Basmati Rice. White Organic Agro (formerly White Diamond Industries) along with its subsidiary is ... Read More »

KSS’ arm introducing ‘Restaurant Plus Cinema’

KSS’ subsidiary — K Sera Sera Box Office — is introducing unique Concept ‘Restaurant Plus Cinema’ combined together under the brand name ‘Chhotu Maharaj’ on Business to Business level (B2B). KSS (formerly K Sera Sera) is a content production house that brings together a unique combination of film financing, production ... Read More »

Viaan Industries launches new mobile game

Viaan Industries has launched their new mobile game ‘Adventures of Ali Baba’. The company has a strong and growing presence in the gaming sector and now boasts of an interesting new animation series – Adventures of Ali Baba which has its own game to its name. Viaan Industries launched the ... Read More »

TCS expands partnership with Phoenix Group

Tata Consultancy Services (TCS) has expanded its ongoing 12-year old partnership with the Phoenix Group, Europe’s largest life and pensions consolidator. As part of the expanded relationship, TCS will deliver digital transformation to move additional policies onto the TCS BFSI Digital Platform, bringing the total number of policies under TCS’ ... Read More »

HCL Technologies receives Cisco 2018 Excellence in Software and Cloud award

HCL Technologies has received the Cisco 2018 Excellence in Software and Cloud award. Cisco unveiled the award winners at its 27th Annual Supplier Appreciation Event at the Santa Clara Convention Center in California. This award recognizes the company for delivering outstanding collaborative performance in all areas and supporting Cisco’s strategy ... Read More »

Goa Carbon to resume normal production at Goa Unit

Goa Carbon has completed the maintenance work at Goa Unit located at St. Jose de Areal, Salcete-Goa upon and the Kiln has been lit up from November 29, 2018. After preliminary heat up, feeding of raw material will commence and normal production is likely to resume from November 30, 2018. ... Read More »

JSW Steel gets nod for scheme of amalgamation

JSW Steel has received an approval from its board for scheme of amalgamation of Dolvi Minerals and Metals (DMMPL), Dolvi Coke Projects (DCPL), JSW Steel Processing Centres (JSPCL) and JSW Steel (Salav) (JSW Salav) with itself and their respective shareholders. DMMPL, JSPCL and JSW Salav are the wholly owned subsidiaries ... Read More »

HUDCO raises Rs 2050 crore through bonds

Housing and Urban Development Corporation (HUDCO) has raised funds of Rs 2050 crore through issue of Government of India fully serviced, unsecured, taxable HUDCO bonds series – II 2018 and the proceeds has been fully utilized for lending to Building Materials and Technology Promotion Council (BMTPC) an autonomous body of ... Read More »

ICICI Prudential Life Insurance partners with WhatsApp

ICICI Prudential Life Insurance Company (ICICIPRU) has partnered with WhatsApp to launch customer services and is the first insurance player in the country with a ‘business verified’ account. The WhatsApp service will be used only for customers that have registered with ICICIPRU and have given their consent to the service. ... Read More »

Bajaj Auto launches new Pulsar 150 Neon at Rs 64,998

Bajaj Auto has launched an upgraded version of its 150 cc bike Pulsar 150 Neon priced at Rs 64,998 (ex-showroom Delhi). The all new Pulsar 150 Neon 2019 collection comes with a sporty appeal, performance above the 100-110 CC offerings. The bike also comes with 14PS of power. Bajaj Auto ... Read More »