Mahindra & Mahindra (M&M) is reportedly planning to make use of SsangYong, an overseas unit, to develop new products and expand its portfolio seven years after acquiring the South Korean brand. The company has set a goal of selling 9,000 units per month from all 3 new products planned this current fiscal. M&M is the … Read more
PCS Technology has submitted an application to the Department of Non-Banking Regulation of Reserve Bank of India, Mumbai under section 45-IA of the RBI Act, 1934 for registration as NBFC – ND (Non Banking Financial Companies -Non-Deposit Taking) Type I on November 22, 2018. PCS Technology is a leading IT solutions company, delivering customized solutions … Read more
Havells India is targeting to achieve around 10% share in water purifier market in the next 3-4 years. The company aims to be a significant player in the segment and has planned to double its manufacturing capacity to one million units per annum. Havells India is a leading FMEG company (Fast moving electrical goods) with … Read more
SpiceJet has flagged off a daily direct flight service from New Delhi to Hong Kong, seeking to tap the growing business and leisure travel demand. The company is also eyeing the Indian students’ community in Hong Kong. Following the introduction of the new service, SpiceJet offers over 2,500 seats per week on the Delhi-Hong Kong-Delhi … Read more
Vikas Proppant & Granite has received an export order of 75500 tons 40mesh proppant worth Rs 448.47 crore from TATNEFT, Russian Company, which is sixth largest oil and gas drilling company having its operations worldwide. Proppants would be shipped for their operations in Libya and Algeria. Besides, the Management has converted the business of the … Read more
Shree Rama Multi-Tech has decided to sell/ dispose of Assets of Ambaliyara Plant situated at Village Ambaliyara District Mehsana, Gujarat to any person(s)/ body corporate(s) subject to necessary approval[s) of lenders, members and other statutory authorities, if any and to delegate powers in connection therewith. The Board of Directors of the company in its meeting … Read more
Innovative Ideals and Services (India) has entered into a business alliance with Hotel Holmes, Malaysia & Singapore, a four/five star luxury chain of hotels. As per the MOU, all security & automation products required for the projects will be supplied and executed on turnkey basis by Innovative for the Hotel properties at Malaysia & Singapore. … Read more
