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CG Power gets nod for sale of land in Mumbai

CG Power and Industrial Solutions has received approval for entering into conveyance agreement for sale of remaining portion of Company’s land situated at Kanjurmarg, Mumbai currently housing the transformer manufacturing unit admeasuring approximately 13 acres to Evie Real Estate for an aggregate sum of Rs 498.96 crore and also approved ... Read More »

Mindteck features as Niche and Emerging player by Zinnov

Mindteck (India) has been identified as a niche and emerging player in the Zinnov Zones 2018 Engineering R&D Services ratings. Zinnov, a global management and strategy consulting firm, has been annually assessing the prowess of global service providers in overall, horizontal, and vertical-specific ER&D services capabilities since 2009. The firm ... Read More »

Chingles ‘Maxi’ chewing gum launched

Udaipur : The popular mini chewing gum brand Chingles, from the DS Group, launches Chingles Maxi; The new bigger avatar, for a longlasting refreshing taste. Chingels Maxi is available in 2.4 gm size and has been launched in exciting Mint flavour that comes in a pillow pack at Rs 1. ... Read More »

Kia Seltos, makes its World Premiere from India

Udaipuir : Kia Motors, world’s 8th largest automaker, hosted the world premiere of its first car for India –Kia Seltos. The indigenously manufactured, Seltos oozes contemporary and stylish design with plush and spacious interiors. The vehicle boasts many world, India and segment firsts with class leading safety features, making the ... Read More »

HPCL appoints Al Nabooda Automobiles as UAE distributor

Hindustan Petroleum Corporation (HPCL) has appointed Al Nabooda Automobiles as its UAE distributor. Al Nabooda Automobiles was appointed by the company through its 100 per cent subsidiary in the UAE HPCL Middle East. Part of the diversified conglomerate Khalifa Juma al-Nabooda Group, al-Nabooda Automobiles has more than four decades of ... Read More »

IndiGo hoping to start operating flights on Kolkata-Hanoi route

InterGlobe Aviation (IndiGo) is hoping to start operating flights on the Kolkata-Hanoi route from October 3. These flights are subject to government approvals and the airline is in the last stages of getting them. The airline has deployed around 20 percent of its current capacity on international routes and it ... Read More »

MPS Infotecnics bags orders from Omni Business International

MPS Infotecnics has received orders from Omni Business International, Hong Kong for purchasing of 150 & 250 Blackberry Keypad Handsets vide Purchase order No P0190044 & P0190045 at the price of $50,250 & $83,750 respectively aggregating to $1,34,000. MPS Infotecnics (formerly known as Visesh Infotecnics) operates as an information technology ... Read More »

ICICI Bank partners with IndoStar Capital Finance

ICICI Bank and IndoStar Capital Finance have entered into a sourcing and servicing arrangement to partner in extending credit to small and medium fleet owners to purchase used and new commercial vehicles. Under this partnership, IndoStar Capital Finance will originate and service the customers through the entire loan life-cycle including ... Read More »

Asian Granito launches tiles, sanitaryware display showroom in Himmatnagar

Asian Granito India has launched its largest display showroom unveiling the wide range of tiles and Sanitaryware at Himmatnagar in the state of Gujarat. The 25,000 square feet showroom will have the exclusive and elegant range of products including, ceramic floor, digital wall, vitrified, parking, porcelain, glazed vitrified, outdoor, natural ... Read More »

ONGC’s Rovuma offshore area takes FID for two LNG Projects

Oil and Natural Gas Corporation’s (ONGC) wholly owned subsidiary — ONGC Videsh’s Rovuma Offshore Area 1 consortium (Area-1) has taken a Final Investment Decision (FID) for the two train Golfinho/Atum Mozambique LNG Project. Mozambique LNG Project will be the first onshore LNG facility in Mozambique consisting of initial two LNG ... Read More »

HDFC Bank to open 25 more branches in Gujarat

HDFC Bank will open 25 more branches in the state of Gujarat, taking its branch network to over 440. The Bank would open these branches by December 2019. As of March 31, 2019, the bank had a network of 415 branches and 1,187 ATMs in the state, the largest among ... Read More »

SEBI imposes penalty of Rs 12 lakh on NDTV for disclosure lapses

Markets regulator, Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs 12 lakh on New Delhi Television (NDTV) for failing to make timely disclosures to the stock exchanges. The order comes after the regulator examined multiple disclosure lapses by the company and noted non-compliance with the ... Read More »

M&M aims 10-12% growth in Bolero range pickups in FY20

Mahindra and Mahindra (M&M) is aiming 10 to 12 percent growth in its Bolero range pickups this fiscal (FY20). The company has sold 1.62 lakh Bolero Pickup range vehicles in FY19, compared to 1. 49 lakh in FY18, registering a 9% growth. M&M is the flagship company of the Mahindra ... Read More »

Bharti Airtel launches 4G services in Lakshadweep Islands

Bharti Airtel has launched 4G services in the Lakshadweep Islands. The 4G services will be available across Agatti, Bangaram and Kavaratti to begin with and will be gradually expanded to other islands of the archipelago. The company’s 4G services will enable local residents to access video streaming, fast downloads and ... Read More »

RBI imposes Rs 1 crore penalty on HDFC Bank

Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on HDFC Bank for non-compliance with directions issued by RBI on Know Your Customer (KYC)/ Anti-Money Laundering (AML) Norms and on reporting of frauds. The Bank has taken necessary measures to strengthen its internal control mechanisms ... Read More »


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