Kewal Kiran Clothing (KKCL) has decided to acquire the Brand ‘Desi Belle’ from Resource World Exim at a consideration mutually decided by the Management and Resource World Exim. The Management Committee of the Board of Directors of the company on October 10, 2018 has decided the same. KKCL is an apparel manufacturer dealing in apparel … Read more
Mahanagar Telephone Nigam (MTNL) is reportedly planning to come-up with 4G data services on the 1,800 Mhz and 2,100 Mhz spectrum in New Delhi and Mumbai, for which it has sought government’s approval for issuance of preferential capital worth Rs 6,292 crore. MTNL was set up by the Government of India to upgrade the quality … Read more
Wipro has launched its Innovation and Talent Hub in Reading, reinforcing the company’s commitment to develop talent and strengthen STEM skills in the United Kingdom (UK). The multifunctional hub will be a centre of excellence for ‘Ascent’, Wipro’s talent development programme launched in 2017, to train UK-based computer science graduates and degree apprentices in digital … Read more
Sundaram-Clayton (SCL) has inaugurated a new foundry at Oragadam, near Chennai, in Tamil Nadu. The Oragadam plant has been set up with an investment of over Rs 150 crore. This major capacity expansion aims to meet the rapidly growing demand for its products from the automotive industry and will primarily serve Hyundai Motor India. With … Read more
Equitas holdings’ subsidiary — Equitas Small Finance Bank (SFB) has introduced facial recognition-based authentication in its mobile banking app. Equitas is the first SFB to introduce facial recognition for customers to login to their mobile banking app. This eliminates the need to remember complicated passwords or MPIN. The Bank has been working on technology as … Read more
OnMobile Global has signed a definitive agreement to acquire Appland AB, one of the world’s most popular games and kids App Clubs subscription services. This acquisition reflects the increasing importance of OnMobile’s strategy to become a leader in the fast-growing mobile games market and expands its games footprint to all continents. Appland AB is a … Read more
Mahindra & Mahindra (M&M) has signed new strategic partnership agreement with Castrol India. Under this agreement, Mahindra will endorse a range of Castrol products which include aftermarket engine oils and transmission fluids for Mahindra tractors under the brand, ‘Mileage Ka Master’ (MKM). M&M is the flagship company of the Mahindra Group, a multinational conglomerate based … Read more
