Tuesday , January 28 2020
Home / BUSINESS (page 230)

BUSINESS

Hexaware features as a Major Contender on Everest Group’s Guidewire Services PEAK Matrix

Hexaware Technologies has been recognized as a ‘Major Contender’ on Everest Group’s Guidewire Services PEAK Matrix Assessment 2018. The report highlights company’s value proposition around digital transformation enablement for insurers, by developing APls for Guidewire’s core insurance product suite (Guidewire InsuranceSuite). Hexaware Technologies is a global provider of disruptive IT ... Read More »

Maruti Suzuki emerges as winner at India Skills Competition 2018

Maruti Suzuki India has emerged as winner at the India Skills Competition 2018 in New Delhi. Participants trained at Maruti Suzuki Training Academy, (MSTA) under the company’s skill development program took away Gold, Silver and Bronze awards in the competition for Auto Body Repair and Car Painting skill categories. Maruti ... Read More »

Tech Mahindra wins Golden Peacock Global Award

Tech Mahindra has won the coveted Golden Peacock Global Award for the excellence in corporate governance- 2018 instituted by Institute of Directors, Delhi (IOD). The Golden Peacock Awards are regarded as a benchmark of Corporate Excellence worldwide. The awards aim to promote business excellence by providing a Framework or Criteria ... Read More »

ITI receives purchase order worth Rs 334 crore

ITI has received purchase order for executing the RajNet project from RajCOMP Info Services, a Government of Rajasthan Undertaking, for establishing around 40,000 outdoor Wi-Fi access points in the state of Rajasthan with an order value of around Rs 334 crore on rate contract basis. The project envisages supply, installation ... Read More »

Bharat Dynamics bags order worth Rs 200 crore

Bharat Dynamics (BDL), a Defence PSU has received an order worth around Rs 200 crore from DRDO for supply of Medium Range Surface to Air Missile (MRSAM) rear section. MRSAM is a joint development project between DRDO and Israel Aerospace industries, Israel with BDL as the Nominated Production Agency. Bharat ... Read More »

Bandhan Bank reports 47% rise in Q2 net profit

Bandhan Bank has reported results for second quarter ended September 30, 2018. The Bank has reported 47.29% rise in its net profit at Rs 487.65 crore for the quarter under review as compared to Rs 331.09 crore for the same quarter in the previous year. Total income of the Bank ... Read More »

Tata Motors launches updated version of compact sedan Tigor

Tata Motors has launched an updated version of its compact sedan Tigor, priced between Rs 5.20 lakh and Rs 7.38 lakh (ex-showroom). The company is confident that the new Tigor will create excitement towards the brand, fostering the ongoing passenger vehicles (PV) growth journey. The compact sedan segment has been ... Read More »

Brickwork upgrades rating of Som Distilleries’ loan facilities

Brickwork ratings has upgraded rating of Som Distilleries & Breweries’ bank/financial institutions loan facilities from BBB to BBB+. This reflects the robust business model of the company. Som Distilleries & Breweries is engaged in the business of brewing, fermentation, bottling, canning and blending of beer and Indian made foreign liquor. Read More »

Trident reports 13,241 metric tons of paper production in September

Trident has reported 13,241 metric tons of production of Paper in September 2018. Further, chemicals production stood at 7,845 metric tons. The company’s bath linen and yarn production stood at 4,446 and 9,268 metric tons, respectively, while bed linen production stood at 2.27 million metres during September. Trident is one ... Read More »

Maruti Suzuki sells over 24,000 units of Ciaz during H1FY19

Maruti Suzuki’s new Ciaz is India’s highest selling premium sedan in first half of 2018-19. The company has sold over 24,000 units of Ciaz during April-September 2018- 19. Currently, Ciaz accounts for 28.8% market share in the premium sedan segment. The new Ciaz was launched in August 2018 and has ... Read More »

SBI to purchase good quality assets from NBFCs

State Bank of India (SBI) will purchase good quality assets worth Rs 45,000 crore from NBFCs (non-banking finance companies) which are facing liquidity crisis triggered by a series of debt repayment defaults by financial conglomerate IL&FS and its subsidiaries. Earlier, the bank had planned for a growth of Rs 15,000 ... Read More »

Thomas Cook launches Forex Card Mobile App

Thomas Cook (India) has launched the ‘Thomas Cook Borderless App’. This is the first of its kind dedicated app, enables its multicurrency Borderless Prepaid Forex Card users to access and manage their Borderless Prepaid Card account anywhere, anytime, from the convenience of a smartphone. The company’s new app while focusing ... Read More »

ZEEL, Jio enter into agreement: Report

ZEE Entertainment Enterprises (ZEEL) and Reliance Jio Infocomm (Jio) have reportedly entered into an agreement. As per the agreement, Jio users will now get access to ZEE’s entire library of content. Jio users will also be allowed to download content. ZEEL is one of India’s leading television media and entertainment ... Read More »

Uniworth suspends work at Raipur plant

Uniworth has received an approval for suspension of work at the company’s Plant at Raipur with effect from October 08, 2018, in view of industrial unrest and violence at Plant. The Board of Directors of the company has approved the same. Uniworth is among the first in India to produce ... Read More »

GMR Infrastructure’s arm signs MoU with APGDC: Report

GMR Infrastructure’s subsidiary — Kakinada SEZ has reportedly signed a memorandum of understanding (MoU) with the Andhra Pradesh Gas Development Corporation (APGDC). The company has signed a MoU to get access to piped natural gas for its upcoming 10,500-acre Kakinada Special Investment Region. GMR Infrastructure is engaged in generation of ... Read More »