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BUSINESS

SRF commissions agrochemical facility in Gujarat

SRF has commissioned newly set-up facility to produce agrochemical at its Chemical Complex in Dahej, Gujarat and it is capitalised at a cost of Rs 257 crore. SRF is a leader in refrigerants, engineering plastics and industrial yarns in India. The company also manufactures polyester films and fluoro specialties. Besides ... Read More »

Julian Assange charged in US: WikiLeaks

Washington, Nov 16 (AFP) WikiLeaks founder Julian Assange, who was behind a massive dump of classified US documents in 2010, has been charged in the United States, WikiLeaks said Thursday. Prosecutors revealed the existence of the sealed indictment inadvertently in a court filing in an unrelated case, WikiLeaks said. The exact nature ... Read More »

V2 Retail opens one operational retail store in Uttar Pradesh

V2 Retail has launched one operational Retail Store at Akbarpur, Shejadpur in the state of Uttar Pradesh. With this, the company has currently 73 Retail stores that are operational. V2 Retail is one of the fastest growing Retail Company in India. The company offers a portfolio of products, including apparel ... Read More »

UPL inks pact with Gexcon AS to set up CoE in Gujarat

UPL has signed pact with Norway-based consulting firm Gexcon AS for setting up of a Centre of Excellence (CoE) in the state of Gujarat, which will focus on research activities to help estimate and mitigate industrial accidents. As per the agreement, the company will provide the main infrastructure for establishing ... Read More »

Karnataka Bank inaugurates 823rd branch in Telangana

Karnataka Bank has inaugurated its 823rd branch at Hyderabad- Hafeezpet in the state of Telangana on November 15, 2018. Earlier, the Bank had opened 822nd branch at Hyderabad- Gachibowli. Karnataka Bank operates as a private sector bank. Its products and services include current account, demand, time, cumulative, cash certificates, insurance ... Read More »

AXISCADES Engineering joins MindSphere Partner Program

AXISCADES Engineering Technologies has joined the MindSphere Partner Program to bridge the gap between the physical and digital world and make smart manufacturing a reality for its customers. The MindSphere Partner Program is Siemens’ partner program for Industrial IoT (IIoT) solution and technology providers. As a MindSphere Gold Partner, AXISCADES ... Read More »

Karnataka Bank launches CASA campaign

Karnataka Bank has launched Current & Savings Accounts campaign (CASA) of FY 2018-19 and introduced a new SB scheme ‘KBL SB – TASC’ a specialized product for Trusts/Associates/Societies/Clubs. Under this nationwide campaign starting from November 15, 2018 to February 28, 2019, Bank intends to open more than 4.18 lakh Current ... Read More »

M&M’s arm opens manufacturing hub in Bengaluru

Mahindra & Mahindra’s (M&M) subsidiary — Mahindra Electric Mobility has opened its electric technology manufacturing hub set up with an investment of Rs 100 crore in Bengaluru. The plant uses global standards of manufacturing processes and will increase the manufacturing capacity to 25,000 units per annum. Branded under the umbrella ... Read More »

ITC eyes to expand food portfolio to increase turnover

ITC is eyeing at portfolio expansion in its food division to achieve the stated vision of the company of achieving Rs 1 lakh crore turnover from FMCG by 2030. The food category, which drives the fast moving consumer durable industry, is expected to contribute around 60-65% of its turnover by ... Read More »

Bank of Baroda gets approval to raise funds via bonds

Bank of Baroda has received approval to raise funds through issuance of Tier-II Capital Bonds compliant with Basel III Capital Regulations of the Reserve Bank of India for issue size not exceeding Rs 1,500 crore, with a base issue size upto Rs 500 crore and a Green shoe option to ... Read More »

Wires & Fabriks gets nod for capacity expansion project

Wires & Fabriks (S.A.) has received an approval for the capacity expansion project to add state-of-art machines, modemisation of existing machines/equipment and new buildings to improve technology/quality, add additional products and optimise capacities at the existing location at Jaipur. The project is expected to be completed in 2021. The Board ... Read More »

MT Educare launches ‘R+ notebook’

MT Educare has launched ‘R+ notebook’. The ‘R+ notebook’ has been designed to give students not just the traditional experience of learning but also enhance the learning method with the help of technology to give students complete guidance and assessment for their studies. MT will be the ‘First In The ... Read More »

Palred Technologies gets nod for investment of Rs 3 crore in subsidiary

Palred Technologies has received an approval for investment of Rs 3 crore in subsidiary company i.e., Palred Online Technologies. The Board of Directors of the company at their meeting held on November 14, 2018, approved the same. Palred Technologies is a provider of software solutions for transportation and logistics industry. ... Read More »

M&M’s arm launches Jawa, Jawa forty two and Jawa Perak Motorcycles

Mahindra & Mahindra’s (M&M) subsidiary Classic Legends (CLPL) has launched Jawa, Jawa forty two and Jawa Perak Motorcycles under the ‘Jawa’ brand. The Jawa and Jawa forty two break cover as the brand’s new torchbearers, bringing back the classic appeal of Jawa with a retro-cool twist. These modern machines have ... Read More »