Sunday , March 24 2019
Breaking News
Home / BUSINESS (page 7)


TVS Motor invests Rs 30 crore in TVS Credit Services

TVS Motor Company has invested a sum of Rs 30 crore in the equity capital of TVS Credit Services, a subsidiary company (TVS CS). Consequent to the above investment, the company’s direct holding in TVS CS increased to 10.29%. TVS Motor Company is a leading two and three-wheeler manufacturer, and ... Read More »

V-Mart Retail opens three new stores

V-Mart Retail has opened three new stores in the state of Himachal Pradesh, Jharkhand and Uttar Pradesh respectively. This takes the total number of stores to 207 in 165 Cities across 17 states and total tally of; Himachal Pradesh is 1 store, Jharkhand is 17 stores and Uttar Pradesh is ... Read More »

SPARC collaborates with HitGen

Sun Pharma Advanced Research Company (SPARC) and HitGen have collaborated to identify novel small molecule leads for targets of interest. Under this collaboration, HitGen will apply its advanced technology platform, based on DNA-encoded library design, synthesis and screening, to discover novel leads for SPARC. Under the terms of the agreement, ... Read More »

Avenue Supermarts raises Rs 100 crore via CP

Avenue Supermarts has raised fund through issuance of Commercial Paper (CP) worth Rs 100 crore. The company has issued the instrument on March 12, 2019 and will mature on June 10, 2019. The rating agency, CRISIL has assigned ‘A1+’ rating to the instrument. Avenue Supermarts is a Mumbai-based company, which ... Read More »

Titan Company inks pact with US firm FTS

Titan Company has entered into an alliance with FTS USA LLC to assist the American watchmaker in setting up an assembly unit in the US. According to the deal, the company will extend its support to FTS by supplying quartz movement kits and training the US engineers. Titan Company is ... Read More »

Tata Motors bags orders for 2,500 commercial passenger vehicles

Tata Motors has bagged orders for over 2,500 commercial passenger transportation vehicles from various institutional customers and the company is in the process of delivering these units. The company has bagged order for 1,045 buses from Gujarat State Roadways Transport Corporation (GSRTC) and 1,000 Winger ambulances from National Health Mission ... Read More »

Rainbow Foundations to raise funds on private placement basis

Rainbow Foundations has received an approval for the allotment of 1,01,50,000 Non-Convertible Redeemable Cumulative Preference Shares (NCRCPS) at a face value of Rs 10 each aggregating to Rs 10,15,00,000 on Private Placement basis in favour of Avance Technologies. The Board of Directors of the Company which passed Circular resolution on ... Read More »

KEC International wins new orders worth Rs 1,323 crore

KEC International has secured new orders of Rs 1,323 crore across its various businesses. The Transmission & Distribution business of the company has secured turnkey orders of Rs 287 crore across India, UAE and the Americas, while the Railway business has secured orders for composite and overhead electrification works aggregating ... Read More »

Benara Bearings planning to open branch office in Delhi

Benara Bearings and Pistons is planning to open branch office in Delhi. The meeting of the Board of Directors of the company is scheduled to be held on March 12, 2019, to consider the same. Benara Bearings and Pistons is engaged in the manufacturing of engine bearings, bushes, pistons, piston ... Read More »

NHPC organizes Basant Mela 2019

NHPC has organized ‘Basant Mela 2019’ with great fervour and enthusiasm at the NHPC Residential complex, Surajkund, Faridabad on March 09, 2019. Apart from welcoming the arrival of spring, the Mela was also organized to mark the approval of investment sanction for construction of Kiru HE Project (624 MW) by ... Read More »

Tata Motors kick-starts ‘Her Key’ initiative

Tata Motors has kick-started its ‘Her Key’ initiative to inspire more Indian women to get behind the wheel and take up the Driver’s Seat. The ‘Her key’ initiative seeks to encourage women to take charge of their lives. Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, ... Read More »

TCS launches new version of MRT platform

Tata Consultancy Services (TCS) has launched a new version of the Metadata Registry and Transformation (MRT) Platform that helps life sciences companies streamline their clinical data management by automating clinical study design and set up and conversion of clinical data into standard formats for greater interoperability across the clinical trial ... Read More »