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BUSINESS

Infibeam Avenues executes agreement with Sintex BAPL

Infibeam Avenues (Infibeam) has executed an agreement with Sintex BAPL (SBAPL). As per the Agreement, Infibeam will develop, integrate, implement and maintain an online ecommerce and mobile platform with integrated logistics framework. It will cater the on demand customer purchase of Sintex brand Products. As per the Agreement, Infibeam will …

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ITC introduces Braille enabled packs of Savlon Antiseptic liquid

ITC’s leading health and hygiene brand — Savlon — has introduced Braille enabled packs of Savlon Antiseptic liquid on World Sight Day. In line with the company’s commitment towards an equitable and inclusive society, the first of its kind braille enables packs have been designed not just to enable access …

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SBI launches YONO six-day shopping festival

State Bank of India’s (SBI) digital service platform YONO has launched a six-day shopping festival beginning October 16 in which customers using the app for shopping via online portals can avail discounts. The YONO shopping festival provides discounts up to 40% from top 14 e-commerce merchants in electronics, fashion, home …

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Powerhouse Gym rebrands all its gyms to ‘Hanman Fitness’

Powerhouse Gym & Wellness has rebranded all its gyms located at Kandivali West, Borivali west, Chembur, Matunga, Chowpatty, Andheri East to ‘Hanman Fitness’. The center has ceased to use the brand name Powerhouse Gym with immediate effect. Powerhouse Fitness and Realty owns and operates chain of fitness center. It offers …

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Victory Paper gets nod to start Aluminium Roofing sheet production

Victory Paper and Boards India has received an approval from its board to start Aluminium Roofing sheet production. The company decided to purchase Aluminium roofing sheets and manufacturing machines from Anna Aluminium Company together with the factory for lease at Avinashi, Coimbatore, for roofing sheet business. The Board of Directors …

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NTPC discontinues operations at Badarpur Thermal Power Station

NTPC has discontinued operations of Badarpur Thermal Power Station in New Delhi having total installed capacity of 705 MW with effect from October 15, 2018. NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.

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OCL India gets approval for scheme of Amalgamation

OCL India has received an approval from its board for implementation of the scheme of Arrangement and Amalgamation of the company and Dalmia Cement East (DCEL) & other associates into Odisha Cement (ODCL). Post-merger, ODCL shall be renamed as OCL India. The Board of Directors of the company at its …

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HCL Infosystems’ arm to sell entire stake in its subsidiaries

HCL Infosystems’ subsidiary — HCL Insys Pte., Singapore — has received an approval to sell the entire ownership and control held by Nurture Technologies FZE in its direct subsidiaries namely Gibraltar Technologies LLC (Dubai) and Gibraltar Technologies LLC (Abu Dhabi). The Board of Directors of the company at their meeting …

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SSWL expect highest ever quarterly sales, volume in Q3 FY19

Steel Strips Wheels (SSWL) is expecting to achieve highest ever quarterly sales in Q3 with the help of truck and tractor segment growth. The company is expecting Sales volume of 44.65 Lakh (In Nos.) in Q3 FY 2018-19 (Oct-Dec 2018). The growth will be driven by extremely buoyant order book …

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Trident reports over 2 fold jump in Q2 net profit

Trident has reported results for second quarter ended September 30, 2018. The company has reported over 2 fold jump in its net profit at Rs 109.14 crore for the quarter under review as compared to Rs 50.90 crore for the same quarter in the previous year. Total income of the …

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Astron Paper commences commercial production of PM-2 at unit-1

Astron Paper & Board Mill’s PM-2 at unit-1 located at Halvad, Gujarat has commenced commercial production of kraft paper from October 15, having installed capacity of 33000 MT/year. The company is currently operating at almost 90% capacity utilization of its PM-1 located at Halvad, with installed capacity of 96,000 MT …

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IndusInd Bank reports 5% rise in Q2 net profit

IndusInd Bank has reported results for second quarter ended September 30, 2018. The Bank has reported 4.56% rise in its net profit at Rs 920.25 crore for the quarter under review as compared to Rs 880.10 crore for the same quarter in the previous year. Total income of the Bank …

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Bharti Airtel ties up with NDTV

Bharti Airtel has tied up with NDTV to launch NDTV Hop, world’s first live channel with exclusive content for Airtel TV users. NDTV Hop would be available over smartphones entirely in portrait mode. Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.

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Tata Motors starts bookings for Harrier SUV

Tata Motors has started bookings for its upcoming Tata Harrier SUV from October 15, 2018. Customers can pre-book the new Harrier for a token of Rs 30,000. The Tata Harrier is based on the architecture derived from Land Rover’s legendary D8 architecture on which over 1 million SUVs have been …

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