Sunday , November 17 2019
Home / BUSINESS (page 224)

BUSINESS

Thomas Cook gets nod to acquire 24% stake in TravelJunkie Solutions

Thomas Cook (India) has received an approval for acquisition of a 24% strategic stake in TravelJunkie Solutions, a Mumbai based travel tech start-up via its wholly owned subsidiary TC Tours. TravelJunkie Solutions developed Ithaka – a chat-based mobile application serving FIT (Free Individual Travellers) customers by recommending authentic local experiences ... Read More »

SpiceJet operates first direct commercial flight to Pakyong airport

SpiceJet has operated the first direct commercial flight to Pakyong airport from Kolkata. The airline will operate direct flights on the Kolkata-Pakyong-Kolkata route daily under the Centre’s regional connectivity scheme UDAN. The airline has deployed a 78-seater Bombardier Q-400 aircraft on the route. From October 16, the airline will launch ... Read More »

Asian Oilfield incorporates WOS company

Asian Oilfield Services has incorporated a Wholly Owned Subsidiary (WOS) namely ‘AOSL Energy Services’ registered with Registrar of Companies, Maharashtra, Mumbai. The company has incorporated the WOS to expand the existing line of business activities. Asian Oilfield Services provides range of services to reputed national and multinational companies. The company ... Read More »

Goa Carbon reports net loss of Rs 1.27 crore in Q2

Goa Carbon has reported results for second quarter ended September 30, 2018. The company has reported net loss of Rs 1.27 crore for the quarter under review as against net profit of Rs 13.76 crore for the same quarter in the previous year. Total revenue of the company decreased by ... Read More »

Power Mech Projects bags orders worth Rs 530 crore

Power Mech Projects has received Letter of Intent/Work Orders worth Rs 530 crore. The company has bagged maiden contract in Railway Electrification Segment for Design, Supply, Testing and Commissioning of 25 KV, 50 HZ, Single phase, AC Electrification including OHE, TSS, Civil and Signal & Telecom (S&T) as Composite Electrification ... Read More »

DFM Foods commences commercial production at Ghaziabad factory

DFM Foods has completed the modernization and upgradation of its first extrusion line at the Ghaziabad factory and commenced commercial production. With this, the total capacity of the company has increased from 35308 MT per annum to 39400 MT per annum. DFM Foods is engaged in the business of manufacturing, ... Read More »

Viaan Industries ties up with MTV

Viaan Industries has tied up with MTV to hunt for India’s Poker Pro through www.PokerRaj.com. In the wake of Season 3 of MatchIPL, MTV in collaboration with PokerRaj.com is on the hunt for India’s best poker players who will get to represent 8 different teams at the third edition of ... Read More »

Force Motors inks contractual arrangement with MAN Trucks

Force Motors has entered into final contractual arrangement in respect of transfer of immovable properties and obtained delivery supplies movable properties and other assets from MAN Trucks India. Force Motors is a Pune-based commercial vehicle maker. It is a fully vertically integrated automobile company, with expertise in design, development and ... Read More »

TCS wins Canadian National HR award 2018

Tata Consultancy Services (TCS) has won the 2018 Canadian National HR award for ‘Best Recruitment Campaign’ for the fourth straight year. The Canadian HR Reporter measured the recruitment initiatives of top companies vying for Canadian talent, and awarded TCS with this coveted distinction, in addition to recognizing the impact of ... Read More »

ABM Knowledgeware’s arm incorporates wholly owned subsidiary

ABM Knowledgeware’s subsidiary — InstaSafe Technologies has incorporated a Wholly Owned Subsidiary Company by name ‘InstaSafe Inc.’ in Delaware, United States of America. InstaSafe Inc. is incorporated to carry on the Cyber security related business activity of InstaSafe Technologies Globally. ABM Knowledgeware is a Software Development company. The company is ... Read More »

Reliance Capital’s arm gets R3 approval from IRDAI

Reliance Capital’s wholly owned subsidiary — Reliance Health Insurance has received R3 approval from Insurance Regulatory and Development Authority (IRDAI) for its new health insurance business. The new company will commence operations by the December quarter of 2018. Reliance Capital, a part of the Reliance Group, is one of India’s ... Read More »

GEE gets nod to enter into Development Agreement

GEE has received an approval for transaction of Development Agreement which is to be entered between the company & Avion Crest Construction LLP. The Board of Directors of the company at their meeting held on October 04, 2018, approved the same. The Board has also given approval for transactions proposed ... Read More »

Indiabulls Housing Finance raises Rs 350 crore via NCDs

Indiabulls Housing Finance has raised funds aggregating to Rs 350 crore through allotment of its seventh tranche of Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10 lakh each. The date of allotment is October 04, 2018. Indiabulls Housing Finance is the second largest private housing finance company in ... Read More »

HDFC Bank reports 21% growth in deposits as of September 30

HDFC Bank’s has reported year-on-year 20.92% growth in deposits of aggregating to approximately Rs 8,335 billion as of September 30, 2018 as compared to Rs 6,893 billion as of September 30, 2017 and Rs 8,058 billion as of June 30, 2018. HDFC Bank is one of India’s premier banks providing ... Read More »

Dilip Buildcon receives LoA for Bhopal, Indore Metro Rail projects

Dilip Buildcon has received Letter of Acceptance (LoA) for Bhopal and Indore Metro Rail project, Phase -I, valued at Rs 247.06 crore and Rs 228.96 crore, respectively by the Madhya Pradesh Metro Rail Co., Urban Administration and Development Department, Bhopal in state of Madhya Pradesh (MP). Dilip Buildcon’s core business ... Read More »

Titan Company’s Jewellery business picks up in Q2 FY19

Titan Company’s Jewellery business has done well in the second quarter of the current fiscal (Q2 FY19) and witnessed gains in market share. Exciting new collection launches and extended diamond studded activation have resulted in good growth for Q2 FY19 and it is in-line with internal expectations. The company launched ... Read More »

Godrej Properties launches third Customer Service Week

Godrej Properties has launched third annual Customer Service Week across India this week. The celebrations of Customer Service Week each year are aimed at creating deeper customer relationships. The event is celebrated across the country and includes awareness campaigns, plantation drives, musical programs, games, sports competitions, and activities for children ... Read More »