Ashok Leyland to roll out first set of EVs by January 2019

Ashok Leyland is planning to roll out first set of Electric Vehicles (EVs) by January 2019. The electric vehicle plant was ready in Chennai and the first batch of vehicles would run in Gujarat. The company has invested heavily in the Light Commercial Vehicle (LCVs) segment to produce the next generation of LCVs, scheduled to … Read more

Deepak Fertilisers to raise Rs 500 crore via NCDs

Deepak Fertilizers & Petrochemicals Corporation has received an approval to raise funds through issue of Non-Convertible Debentures (NCDs) aggregating Rs 500 crore on private placement basis or raising term loan aggregating Rs 500 crore from banks/ financial institutions. The Board of Directors of the company at its meeting held on November 13, 2018 has approved … Read more

Walchandnagar Industries gets nod to raise Rs 200 crore via various means

Walchandnagar Industries has received approval to raise funds not exceeding Rs 200 crore, by way of issue of securities including but not limited to Equity Shares, and/or any other securities convertible into Equity Shares with or without warrant by way of public and/ or private placement, through Qualified Institutional Placement (QIP)/ Rights Issue or through … Read more

Infosys to open innovation hub in Texas

Infosys will open its next Technology and Innovation Hub in the State of Texas and hire 500 American workers in the state by 2020. The Hub will be located in Richardson, Texas and have a special focus on the telecommunications, retail and banking sectors. The company’s investment in Texas reinforces its commitment to driving digital … Read more

Eros International acquires highly anticipated Telugu film Amar Akbar Anthony

Eros International Media in association with Mythri Movie Makers will be releasing Telugu action entertainer Amar Akbar Anthony. The action filled romantic drama is slated to hit the screens on November 16. Co-produced by Naveen Yerneni, Ravi Shankar Yalamanchili and Mohan Cherukuri under the banner Mythri Movie Makers, the film has all the elements of … Read more

TCS recognizes as leader in open banking IT services by Everest Group

Tata Consultancy Services (TCS) has been recognized as a Leader in the Everest Group PEAK Matrix for Open Banking IT Services. The report highlights the company’s investments in a wide range of open banking solutions, global CoEs, and delivery presence, as major strengths and contributors to its wins in the market. The report also highlights … Read more

BREAKING NEWS:
Ban on Vehicles and Horns: Delhi-Dehradun Expressway Rules Jio launches cheapest one-year recharge plan! Samsung Galaxy S25 series price cut by ₹30,000 in India!