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BUSINESS

CL Educate’s arm transfers land at Hyderabad for Rs 6.48 crore

CL Educate’s Wholly Owned Subsidiary–Career Launcher Infrastructure (CLIP) has transferred its land situated at village Kadhtal, Mandal Amangal District (TS), Hyderabad, admeasuring 22.32 acres, at a total consideration of Rs 6.48 crore. CL Educate is one of Asia’s leading edu-corporates, with focus on diverse segments of education, and across learners …

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Shree Cement commissions new Cement Grinding Unit at Bihar

Shree Cement has commissioned new Cement Grinding Unit namely ‘New Bihar Cement Plant’. The unit with capacity of 2 MTPA is located at Aurangabad in the state of Bihar. The company had recently commissioned new Cement Grinding Unit namely Bangur Cement Unit. The new unit had capacity of 3.60 MTPA …

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M&M’s arm inks MoU with MACP

Mahindra & Mahindra’s (M&M) wholly owned subsidiary – Mahindra Agri Solutions has inked a Memorandum of Understanding (MoU) with Maharashtra Agriculture Competitiveness Project (MACP), Government of Maharashtra. The MoU would enable dissemination of real-time agri advisory and market information among the farming community in Maharashtra through Mahindra Agri’s digital medium …

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Subex, Pod Solutions partner to provide advanced security

Subex has been selected by Pod Solutions, a division of Pod Group to implement its Internet of Things (IoT) Security Solution, Subex Secure, as part of Pod Group’s billing and connectivity service. The partnership with Subex will enable Pod Solutions to develop advanced security services, allowing customers to rapidly create, …

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Jet Airways reports passenger load factor of 88.7% in January

Jet Airways has reported the Passenger Load Factor (PLF) of 88.7% during the month of January 2018. The company had reported the Passenger Load Factor (PLF) of 88.5% during the month of December 2017. The PLF is a key indicator of the company’s performance, as it measures the average percentage …

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Siemens planning to sell mobility, mechanical drives businesses

Siemens is planning to sell its Mobility business and Mechanical Drives business. The meeting of the Board of Directors of the company is scheduled to be held on February 21, 2018, to consider the same. Siemens is a technology powerhouse that has stood for engineering excellence, innovation, quality and reliability. …

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M&M to set-up film-centric entertainment destination in Mumbai

Mahindra & Mahindra (M&M) will be investing Rs 1,700 crore which will be spent towards creating an entertainment destination at Kandivali. The company is exploring to set up a unique film-centric entertainment destination at Kandivali in the city as Mumbai is the heart of Hindi film industry. This will create …

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Zinc can protect your children’s eyesight…

Children have especially high Zinc needs because they are growing rapidly. Fatigue, insufficient appetite, delayed development, poor attention spans, and increased susceptibility to infection are sometimes quite visible.  Even among adults, with long working hours and chronic stress, computer vision syndrome & digital eye strain are common issues. Headache, blurred …

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Hindustan Zinc bags Gold for Solar Power Projects

Hindustan Zinc’s Solar Power projects at Dariba (4.8 MWp) & Debari (14.4 MWp) have been awarded – Gold Award Winner in the Rising Category as Best Performing Project of the Year (Technical Performance) on Utility Scale Solar Energy at the RE ASSETS Excellence Awards Summit held in Delhi on 2nd February 2018. Presented …

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Alankit to invest up to Rs 6.5 crore in Verasys Technologies

Alankit has received an approval for the investments up to Rs 6.5 crore in the form of Equity Shares/Preference Shares/Warrants/Convertible warrants/Debentures etc in Verasys Technologies, a company engaged in IT/ITes. Alankit can acquire up to 55% of equity shares of Verasys Technologies. After acquisition of equity shares of Verasys Technologies …

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V2 Retail opens two new retail stores

V2 Retail has opened two operational retail stores one at Haridwar in state of Uttarakhand and other at Deoghar in state of Jharkhand. Therefore currently 48 retail stores are operational. V2 Retail is one of the fastest growing Retail Company in India. The company offers a portfolio of products, including …

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RInfra receives LoA worth Rs 567 crore from NTPC

Reliance Infrastructure (RInfra) EPC has received the Letter of Approval (LoA) from National Thermal Power Corporation (NTPC) for Flue Gas Desulphurisation (FGD) works of its 3×500 MW power plant in Jhajjar, Haryana. The order value of the project is Rs 567 crore. The scope of work includes design, engineering, manufacture, …

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Zinc Deficiency in Humans affecting Immune System

Zinc deficiency is a significant public health problem in developing countries. While, the realization on health significance of zinc nutrition was spurred only in early 2000, in India we have not even started to address this problem meaningfully. Primarily, the reason behind this is that when the Gazette of India …

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Sensex drops below 34K, Nifty loses over 1.5% amid global fall

Mumbai : Stocks suffered heavy losses in opening trade with the BSE Sensex dropping below the 34,000- mark by slumping about 564 points and Nifty sinking over 1.6 per cent on widespread sell-off triggered by a rout in global equity markets. The BSE 30-share barometer dived 563.51 points, or 1.63 per …

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