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BUSINESS

Strides Shasun to merge wholly owned subsidiaries with itself

Strides Shasun has received an approval for the Scheme of Amalgamation for the merger of its wholly owned subsidiaries (WOSs) viz., Arrow Remedies, Fagris Medica and Strides Chemicals, with itself. The Board of Directors of the company at their meeting held on October 31, 2017, considered and approved the same. …

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Maruti Suzuki reports 9.5% growth in October sales

Maruti Suzuki India has sold a total of 1,46,446 units in October 2017, growing 9.5% over the same period of last fiscal. This includes 1,36,000 units in the domestic market and 10,446 units of exports. The company had sold a total of 1,33,793 units in October 2016. The company reported …

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Govt unveils Rs 9 lakh cr package to boost economy

New Delhi : Seeking to boost note ban and GST-hit economy, Finance Minister Arun Jaitley today announced a massive Rs 6.92 lakh crore infrastructure spending and another Rs 2.11 lakh crore for bank recapitalisation to revive investments as well as growth. Flanked by all his five secretaries and Chief Economic Advisor, …

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3 killed in shooting at office park in Maryland

EDGEWOOD, Md.: A gunman opened fire at a Marylandoffice park on Wednesday morning, killing three co-workers and wounding two others, authorities and the business owner said. Harford County Sheriff Jeffrey Gahler identified the shooter as 37-year-old Radee Labeeb Prince. He said Prince opened fire with a handgun and then fled the Emmorton …

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Sensex climbs 211 pts on positive economic data points

Mumbai : Driven by strong IIP numbers and an unchanged inflation, the Sensex today rallied over 211 points to 32,393, reflecting interrupted buying by domestic institutional investors. The rupee appreciating 19 paise to 64.89 against the dollar today gave a leg to the rally. The rest of Asia logged a mixed …

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Rupee jumps 11 paise against dollar to 65.25

Mumbai : The rupee appreciated by 11 paise to 65.25 against the dollar on Tuesday as rising risk appetite pushed back the US currency amid a higher opening in domestic equities. The risk-on approach pushed exporters and banks increasingly away from the dollar. The greenback ran out of luck overseas too, …

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Trader arrested in cloth merchant murder case

Udaipur : Police has arrested a person in connection with the murder of Rakesh Khatwani, a cloth merchant who was shot dead on Saturday in GoverdhanVilas area of the city. Mahesh Sindhi, the accused is a trader at the KrishiMandi here who had hired a contract killer from Uttar Pradesh to kill Rakesh, …

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Cloth merchant shot dead in Udaipur

[embedded content] Udaipur : Unknown assailants shot dead a 30-year-old cloth merchant at Goverdhanvilas area near Saras Dairy on Saturday. His body was spotted by a passerby who informed the police in the early morning, the murder took place past midnight, cops said. The victim was identified as Rakesh Khatwani, resident of J block …

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Lace it up this Festive Season with Intrika

From regional to national festivals, India has a rich and diverse culture. With the celebrations spanning days, we understand it can get tough deciding what to wear every day. To get the perfect look this festive season, experiment with light fabrics and bright colours, for a vibrant look. And for …

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Hindustan Zinc shines in Sustainability Management

Hindustan Zinc won three awards –  “Best Sustainable Practices” , “Best Sustainability Report” and “Best Carbon Foot Printing” in Sustainability dimension of “National Awards for Excellence in CSR and Sustainability”. These awards were presented to Hindustan Zinc for the unique initiatives taken by the company on social and environmental fronts, benchmarking in sustainable development and transparent …

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The Internet Of Things To Come: What Can We Expect

At some point in our lifetime, most of our daily devices will be connected to one another over the Internet – it’s called the Internet of Things. Technological firms big and small have joined the race. As major tech players open new paths, the race has sped up. And the …

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Hindustan Zinc Wins India Today “Safaigiri Awards 2017”

Sewage Treatment Plant adjudged as Best in Public Private Partnership Model Hindustan Zinc has won the INDIA TODAY SAFAIGIRI AWARD 2017 under the category of Best Public Private Partnership (PPP) Model for our project – Sewage Treatment Plant(STP), built in Udaipur. The award was presented by Hon’ble Vice President of India – …

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Top Trends of IoT and Their Effect to the Market

The IoT market is accelerating as growth comes from numerous directions and markets. The internet of things will have a major effect on every market. It will also usher in opportunities in these spaces to start new businesses and grow existing ones. Almost every industry invest in the IoT and …

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Balance in inoperative accounts

(SUBHASH CHANDRA AGRAWAL) Huge balance is lying in inoperative accounts in banks with even many account-holders having forgotten about their bank-accounts. Reserve Bank of India (RBI) has introduced Know-Your-Customer (KYC) forms which has been made mandatory also for closing such inoperative accounts. Such cumbersome practice not only is causing difficulty …

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