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Infosys inaugurates Technology and Innovation Hub in Hartford

Infosys has inaugurated its Technology and Innovation Hub in Hartford. The company has also hired more than 7,000 American workers in the last 18 months as part of its ongoing commitment to accelerate the pace of digital innovation for American enterprises. The Hartford Hub, located at 225 Asylum Street in ... Read More »

Trigyn Technologies’ arm inks $1.1 million strategic partnership with WhizAI

Trigyn Technologies’ wholly owned subsidiary — Trigyn Technologies, Inc. has entered into $1.1 million strategic partnership with New York based enterprise artificial intelligence startup WhizAI with participation from angel groups and existing investors. Whiz is a pre-trained AI-powered marketing and sales enablement platform for large enterprises. The company’s clients in ... Read More »

Sagar Cements to invest Rs 150 crore in Satguru Cement

Sagar Cements (SCL) has received approval to invest a sum of Rs 150 crore in Satguru Cement (SCPL), Indore in the state of Madhya Pradesh, to set-up a green field cement manufacturing plant of 1 million ton capacity along with waste heat recovery power plant at a total cost of ... Read More »

Power Grid emerges as successful bidder under TBCB

Power Grid Corporation of India has been declared as the successful bidder under Tariff based competitive bidding (TBCB) to establish ‘Transmission System for Evacuation of Power from 2 x 660 MW Jawaharpur Thermal Power Project and construction of 400 kV substation at Firozabad along with associated Transmission Lines’ on build, ... Read More »

Jet Airways offers happy holidays year-end global sale

Jet Airways is offering ‘Happy holidays year-end global sale’ to its customer with discounts of up to 30% on their domestic and international travel across the airline’s vast network open for booking from the 5th to the 11th of December. The airline will offer special discounts of up to 30% ... Read More »

Lemon Tree Hotels opens new hotel in Pune

Lemon Tree Hotels has opened a hotel under brand name ‘Lemon Tree Premier’ on Connaught Road, Pune on December 5, 2018. This is the company’s second owned hotel in the city. The Hotel has 201 rooms with a multi cuisine coffee shop, bar, spa, pool, fitness center, banquet spaces including ... Read More »

Mahindra Finance gets nod to raise funds through NCDs

Mahindra & Mahindra Financial Services (Mahindra Finance) has received an approval for the allotment of 584 Secured Redeemable Principal Protected – Market Linked Non-Convertible Debentures (NCDs) of the face value of Rs 10,00,000 each, at a premium, aggregating to Rs 58.40 crore and 92 Secured Redeemable Principal Protected -Market Linked ... Read More »

Indian Hume Pipe Company receives LoA worth Rs 204.51 crore

Indian Hume Pipe Company has received Letter of Acceptance (LoA) for the work of Rs 204.51 crore from public Health & Municipal Engineering Department, Government of Andhra Pradesh for the work of Kurnool District (NCT) – Package ll – External Aided Project (EAP) -Assistance from Asian lnfrastructure lnvestment Bank (AllB) ... Read More »

Maharashtra authorities impose Rs 33.78 crore fine on Dilip Buildcon

Maharashtra authorities have imposed Rs 33.78 crore fine on Dilip Buildcon (DBL) for allegedly excavating murum (soft rock) illegally in Beed district in the state of Maharashtra. The company was engaged in illegal excavation work during cementing of the Majalgaon-Kej road as part of the Khamgaon-Pandharpur National Highway project stretch. ... Read More »

Khadim India redeems Commercial Paper worth Rs 30 crore

Khadim India has redeemed Commercial Paper worth Rs 30 crore, which was been issued on August 31, 2018. The maturity date of the instrument is on November 30, 2018. Khadim India operates as a footwear retailer in India under the brand Khadim’s. It also engages in the manufacture and sale ... Read More »

Sensex tanks 250 pts on RBI status quo, grim global cues

Mumbai :  Benchmark indices nursed losses for the second straight day Wednesday as the RBI left the repo rate unchanged, while global markets wobbled on renewed concerns over the US-China trade dispute. The BSE Sensex tumbled 249.90 points, or 0.69 per cent, to close at 35,884.41. Similarly, the broader NSE ... Read More »

APG hikes stake in SH Kelkar

Stichting Depositary APG Emerging Markets Equity Pool (APG) has acquired 430.916 equity shares of SH Kelkar and Company (SHK) on November 29, 2018 due to which the shareholding of APG in the Company has increased beyond 5% of the paid-up capital of the company. The shareholding of APG in the ... Read More »

AARV Infratel inks term sheet with Quess Corp

AARV Infratel has entered a term sheet with Quess Corp for implementation of Optical Fiber laying activities as per Bharath Net Phase II project in the state of Gujarat Fibre Grid Network (GFGNL) for a total value of Rs 144.06 crore. AARV Infratel have diversified into Technology, Infrastructure, Telecommunications and ... Read More »

L&T’s construction arm bags orders worth Rs 2,106 crore

Larsen & Toubro’s (L&T) construction arm — L&T Construction has won orders worth Rs 2,106 crore across two business segments. The company’s Water and Effluent Treatment Business has secured orders worth Rs 1,954 crore from the Andhra Pradesh Capital Region Development Authority (AP CRDA) for investigation, design E and construction ... Read More »