BUSINESS

Kesoram Industries has received approval to demerge the company’s Tyre Undertaking into Birla Tyres, to be implemented in terms of the scheme of arrangement between the company, Birla Tyres and their respective Shareholders and Creditors. The Board of Directors of the Company at its meeting held on December 04, 2018 ... Read More »

ITC’s leading health and hygiene brand — Savlon has introduced Braille enabled packs of Savlon Antiseptic liquid. In line with the company’s commitment towards an equitable and inclusive society, the first of its kind braille enabled packs have been designed not just to enable access but also in its simple ... Read More »

Jain Irrigation Systems’ (JISL) subsidiary — Jain Farm Fresh Foods has introduced Valley Spice, a complete range of pure and authentic spices that are 100% Natural and have no preservatives, artificial flavors or colors. Valley Spice is the first brand in India which has come out with Steam Sterilized Spice ... Read More »

Kridhan Infra’s associate company Vijay Nirman Company (VNC) has received a Letter of Intent (LoI) worth Rs 105 crore. The company has been mandated to construct major and minor bridges, etc. for Package 4 of the Mumbai – Nagpur Super Communication Expressway in Maharashtra. The project is expected to be ... Read More »

Hinduja Global Solutions (HGS) will be creating up to 150 brand new permanent jobs and investing into its site in Selkirk (UK) over the course of 2019. The company has purchased the site from its lease holder, has recruited a new management team and is about to embark on a ... Read More »

Tata Consultancy Services (TCS) has launched its intelligent power plant solution, TCS IP2, to help power generating utilities digitally transform their operations and gain a competitive edge in the dynamic power market. The solution will support critical plant assets for uninterrupted power generation, improve operational efficiency, and minimize emissions. The ... Read More »

Energy Development Company’s Unit 2 of 7 MW Ullunkal Hydro Electric Project has started generation on November 30, 2018 in the State of Kerala. The said unit operated via company’s wholly owned subsidiary namely, EDCL Power Projects. Unit 1 of the said Project is expected to start generation soon. Energy ... Read More »

Inditrade Capital has decided to execute a Memorandum of Understanding (MOU) with Robocash Pte (Robocash), a company incorporated under the laws of Singapore, engaged in the business of online and offline retail lending, for entering into a joint venture which will be engaged in online and offline consumer lending. The ... Read More »

ICICI Lombard General Insurance company (ICICI-GI) has reportedly set up a new subsidiary, ICICI Lombard Digital, to spearhead insurance services through a purely digital platform. ICICI Lombard Digital will be a specialised digital arm that cuts across the entire value chain and leverages partnerships throughout the modern-day internet ecosystem. ICICI ... Read More »

Meera Industries (MIL) has secured new orders of $1,30,000 from Uganda, Ecuador and Kazakhstan. These countries are new addition in the company’s ‘Exporting to Countries List’. Addition of new flags are a testimony to the company’s proven technological prowess in the domain of twisting. The orders will also provide fillip ... Read More »

Tata Motors is planning a large-scale overhaul of its sales network across the country over the next one year as it prepares to bring in new products, including premium SUV Harrier. The company, which plans to have all its future products on just two platforms — Omega and Alpha, currently ... Read More »

Cox and Kings owned, Meininger hotel group has inked an agreement for a hotel in Reykjavik. The property is located on Vesturbaer district in Reykjavik, which is close to the city centre and the Harpa concert hall. The opening is scheduled for the second quarter of 2020. The Meininger Hotel ... Read More »

HCL Technologies (HCL) has expanded its strategic relationship with Barclays. In addition to HCL being named as Barclays’ preferred partner for IT infrastructure services, the two companies will commit to building the partnership globally, with particular opportunities regarding digital workplace services. HCL will leverage its significant investments in AI and ... Read More »

Raj Packaging Industries has commenced commercial production of the first lot of 1900 Metric Tons of Co-ex Film and 720 Metric Tons of Laminates on December 3, 2018. In January, the company’s board had approved expansion plan involving CAPEX of 770 lakh which would increase the production capacity by 1900 ... Read More »

Infosys has published a global research on data analytics from the Infosys Knowledge Institute. The survey titled, ‘Endless possibilities with data: Navigate from now to your next’, reveals that a majority of organizations are deploying analytics to enhance customer experiences and mitigate risk. This research tries to understand how data ... Read More »

Jet Airways has decided to stop providing complimentary meals for economy class passengers travelling on domestic routes under two more fare categories. The revision in fares will be effective for tickets booked from December 21, for travel starting January 7. The latest revision in complimentary meals would be availably only ... Read More »

has joined the CII led collegium of futuristic business houses to pledge support to the start-up ecosystem. The steel giant is among the 10 corporate houses who have supported the CII initiative to connect start-ups with the corporate houses. As part of this unique effort, Tata Steel joined the CII ... Read More »

Ramco Systems (Ramco) and KPMG Management & Risk Consulting Sdn Bhd (KPMG) will collaborate to use Kuala Lumpur as a springboard to offer advanced cloud-based human resources (HR) and payroll solutions for growth companies across the region. KPMG will use Ramco’s HR and Global Payroll Platform as the cloud-based architecture ... Read More »

Gravity (India) is planning to sell premises of the company situated on second floor at Kondivita 202, Building No. 2, CTS 468, Kondivita Village, Opposite Saidev Hotel, Andheri East, Mumbai. The meeting of the Board of Directors of the company is scheduled to be held on December 13, 2018, to ... Read More »

Shriram EPC has bagged two separate orders worth Rs 166.16 crore and Rs 59.55 crore from Jharkhand Urban Infrastructure Development for augmentation and strengthening of Dhanbad Water Supply Scheme – Phase 1 under Dhanbad Municipal Corporation and Water Supply for Khunti Nagar Panchayat (Jharkhand). Shriram EPC is one of the ... Read More »