DLF is planning to invest around Rs 750 crore for construction of a new commercial project in Gurugram, as the company seeks to encash rising demand of office and retail space from customers as well as institutional investors. The company has decided to build a new commercial project with 2.5 million sq. ft. area in … Read more
IndusInd Bank has inaugurated a branch in Boisar, an upcoming industrial area situated in the Palghar district of Maharashtra. This is the Bank’s first branch in this region and is located in the Ostwal Empire building at Boisar (West). The branch will house an ATM that will be operational 24X7. With this, the Bank now … Read more
CreditAccess Grameen has received Certificate of Registration dated March 15, 2019 from Insurance Regulatory Authority of India (IRDA) to act as Corporate Agent (Composite) for distribution of various insurance products. CreditAccess Grameen is a leading Indian micro-finance institution headquartered in Bangalore, focused on providing micro-loans to women customers predominantly in Rural Areas in India. Its … Read more
Lupin’s subsidiary — Novel Laboratories’ Somerset facility has been cautioned by the United States Food and Drug Administration (USFDA) that it may be subject to regulatory or administrative action and that it may withhold approval of any pending applications or supplements in which this facility is listed. The US Food and Drug Administration (USFDA) had … Read more
Samtex Fashions has received an approval for the Shifting of Registered office and Manufacturing Facilities of the company from Property No. D-100 Phase II, Hosiery Complex Noida Gautam Buddha Nagar UP to the Premises located at Plot No. 163, Udyog Vihar, Greater Noida UP, with effect from March 21, 2019. The Board of Directors of … Read more
Lakshmi Machine Works is all set to inaugurate 10 MW photovoltaic Solar Power generating facility at Kondampatti, Coimbatore, in the state Tamil Nadu on March 17, 2019. The company has made use of internal accruals to fund the same. Siemens Gamesa has provided the EPC solution for the project. The facility would be the company’s … Read more
Reliance Industries’ (RIL) telecom arm — Reliance Jio Infocomm (Jio) has topped the average 4G download speed chart in February 2019. Jio’s 4G network registered an average download speed of 20.9 megabits per second (Mbps). Comparing with the performance of the peers, Bharti Airtel and Vodafone with a speed of 9.4 mbps and 6.7 mbps … Read more
