BUSINESS

Sun Pharmaceutical Industries has received four observations from United States Food and Drug Administration (USFDA) for its Halol facility in Gujarat. The company will submit its response on the observations to the USFDA within 15 business days. The company is committed to addressing these observations promptly. The United States Food ... Read More »

Infosys Foundation, the philanthropic and CSR arm of Infosys, has completed the construction of a new operation theater block with five major world class operation theatres at the Kidwai Memorial Institute of Oncology, Bengaluru in the state of Karnataka. As part of the Rs 11 crore project, the Foundation has ... Read More »

CG Power and Industrial Solutions has received approval for entering into conveyance agreement for sale of remaining portion of Company’s land situated at Kanjurmarg, Mumbai currently housing the transformer manufacturing unit admeasuring approximately 13 acres to Evie Real Estate for an aggregate sum of Rs 498.96 crore and also approved ... Read More »

Mindteck (India) has been identified as a niche and emerging player in the Zinnov Zones 2018 Engineering R&D Services ratings. Zinnov, a global management and strategy consulting firm, has been annually assessing the prowess of global service providers in overall, horizontal, and vertical-specific ER&D services capabilities since 2009. The firm ... Read More »

Udaipur : The popular mini chewing gum brand Chingles, from the DS Group, launches Chingles Maxi; The new bigger avatar, for a longlasting refreshing taste. Chingels Maxi is available in 2.4 gm size and has been launched in exciting Mint flavour that comes in a pillow pack at Rs 1. ... Read More »

Udaipuir : Kia Motors, world’s 8th largest automaker, hosted the world premiere of its first car for India –Kia Seltos. The indigenously manufactured, Seltos oozes contemporary and stylish design with plush and spacious interiors. The vehicle boasts many world, India and segment firsts with class leading safety features, making the ... Read More »

Hindustan Petroleum Corporation (HPCL) has appointed Al Nabooda Automobiles as its UAE distributor. Al Nabooda Automobiles was appointed by the company through its 100 per cent subsidiary in the UAE HPCL Middle East. Part of the diversified conglomerate Khalifa Juma al-Nabooda Group, al-Nabooda Automobiles has more than four decades of ... Read More »

InterGlobe Aviation (IndiGo) is hoping to start operating flights on the Kolkata-Hanoi route from October 3. These flights are subject to government approvals and the airline is in the last stages of getting them. The airline has deployed around 20 percent of its current capacity on international routes and it ... Read More »

Reliance Power’s 3,960 MW project at Sasan in Madhya Pradesh has received regulatory nod from the Central Electricity Regulatory Commission (CERC) for implementing a system to control emissions and meet new environmental norms. The CERC approval would enable the company to recover the cost of the system from its consumers. ... Read More »

Manappuram Finance has completed acquisition of 92.6% of Equity Shares of Manappuram Comptech & Consultants by way of purchase of 25000 shares at Rs 365.37 per share, for the total consideration of Rs 91.34 lakh. Acquisition of remaining 7.4% (2000 Equity Shares) is in process and will be completed by ... Read More »

MPS Infotecnics has received orders from Omni Business International, Hong Kong for purchasing of 150 & 250 Blackberry Keypad Handsets vide Purchase order No P0190044 & P0190045 at the price of $50,250 & $83,750 respectively aggregating to $1,34,000. MPS Infotecnics (formerly known as Visesh Infotecnics) operates as an information technology ... Read More »

ICICI Bank and IndoStar Capital Finance have entered into a sourcing and servicing arrangement to partner in extending credit to small and medium fleet owners to purchase used and new commercial vehicles. Under this partnership, IndoStar Capital Finance will originate and service the customers through the entire loan life-cycle including ... Read More »

Thomas Cook (India) has observed a vibrant 22% growth this summer with emergence of significant trends. With holidays becoming a necessity, a key trend has been the rise of India’s spenders economy with cash rich-time poor Indians displaying increased appetite for bonding trips with their families. To help customers plan ... Read More »

Asian Granito India has launched its largest display showroom unveiling the wide range of tiles and Sanitaryware at Himmatnagar in the state of Gujarat. The 25,000 square feet showroom will have the exclusive and elegant range of products including, ceramic floor, digital wall, vitrified, parking, porcelain, glazed vitrified, outdoor, natural ... Read More »

Oil India’s Rovuma Offshore Area 1 consortium (Area-1) has taken a Final Investment Decision (FID) for the two train Golfinho/Atum Mozambique LNG Project. Mozambique LNG Project will be the first onshore LNG facility in Mozambique consisting of initial two LNG trains with a total name plate capacity of 12.88 million ... Read More »

Oil and Natural Gas Corporation’s (ONGC) wholly owned subsidiary — ONGC Videsh’s Rovuma Offshore Area 1 consortium (Area-1) has taken a Final Investment Decision (FID) for the two train Golfinho/Atum Mozambique LNG Project. Mozambique LNG Project will be the first onshore LNG facility in Mozambique consisting of initial two LNG ... Read More »

HDFC Bank will open 25 more branches in the state of Gujarat, taking its branch network to over 440. The Bank would open these branches by December 2019. As of March 31, 2019, the bank had a network of 415 branches and 1,187 ATMs in the state, the largest among ... Read More »

Markets regulator, Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs 12 lakh on New Delhi Television (NDTV) for failing to make timely disclosures to the stock exchanges. The order comes after the regulator examined multiple disclosure lapses by the company and noted non-compliance with the ... Read More »

Mahindra and Mahindra (M&M) is aiming 10 to 12 percent growth in its Bolero range pickups this fiscal (FY20). The company has sold 1.62 lakh Bolero Pickup range vehicles in FY19, compared to 1. 49 lakh in FY18, registering a 9% growth. M&M is the flagship company of the Mahindra ... Read More »

Cochin Shipyard has entered into a Long Term Wage settlement with its workmen which will be effective from April 01, 2017 and valid for 10 years. The earlier wage settlement entered into with the trade unions was valid upto March 31, 2017. The current settlement has been arrived at after ... Read More »