Satin Creditcare Network planning to raise funds up to Rs 40 crore via NCDs

Satin Creditcare Network is planning to issue Non-Convertible Debentures (NCDs) up to the amount of Rs 40 crore through Private Placement. The meeting of Working Committee of the Board of Director of the company is scheduled to be held on October 18, 2018, to consider the same. Satin Creditcare Network is one of the largest … Read more

Lupin’s arm partners with ASHA, NPWH

Lupin’s wholly owned subsidiary in US — Lupin Pharmaceuticals — has partnered with the American Sexual Health Association (ASHA) and the National Association of Nurse Practitioners in Women’s Health (NPWH) to conduct a two-pronged national online survey among women who have been diagnosed with bacterial vaginosis (BV) and healthcare providers (HCPs) who treat women with … Read more

Shalimar Paints lays down foundation of Nashik manufacturing plant

Shalimar Paints has laid down the foundation of a manufacturing unit to be rebuilt in Nashik, in the state of Maharashtra. The company set to commence operations by April 2019 with a planned production capacity of 2,180 kilolitres per month, Shalimar’s state-of-the-art Nashik facility will increase the brand’s overall production capacity by 65%. It is … Read more

LTI in alliance with PTC unveils IoT Center of Excellence

Larsen & Toubro Infotech (LTI) in alliance with USA-based PTC has unveiled a state-of-the-art Center of Excellence (CoE) in Bengaluru, focused on Internet of Things (IoT)-based innovations. The CoE will focus specifically on Industry 4.0 solutions in Manufacturing and Oil & Gas sectors. LTI will leverage the CoE to design, build and showcase solutions for … Read more

Allahabad Bank raises Rs 1,790 crore from GoI via preferential issue

Allahabad Bank has raised around Rs 1,790 crore from the Government of India (GoI). The Share Issue and Allotment Committee of the Board has approved for allotment of 38,92,15,046 new equity shares of face value of Rs 10.00 of the Bank on preferential basis to the Government of India (President of India) at an Issue … Read more

Manomay Tex India to avail credit facilities up to Rs 80.62 crore from Consortium Bank

Manomay Tex India has received an approval for availing Credit Facilities up to Rs 80.62 crore from Consortium Bank i.e. State Bank of India (Lead Bank), Industrial Estate Branch, Bhilwara and Oriental Bank of Commerce (Member Bank), Gandhi Nagar, Bhilwara. The Board of Directors of the company at their meeting held on October 15, 2018, … Read more

M&M to launch its luxury SUV

Mahindra & Mahindra (M&M) will launch its luxury SUV, codenamed Y400, on November 19, 2018. The Y400 will be under the Mahindra brand and will be exclusively available through a separate high-end showroom within the existing ‘World of SUVs’ dealerships which have been created with the objective to redefine customer experience, with regards to both … Read more

BREAKING NEWS:
Samsung Galaxy S25 series price cut by ₹30,000 in India! Airtel’s 30-Day Plans: Up to 60GB Data, Unlimited Calls! Samsung Galaxy S25 series gets ₹30,000 price cut in India!