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RIL’s arm launches JioSaavn

Reliance Industries’ (RIL) subsidiary — Saavn Media has launched JioSaavn, South Asia’s largest streaming, entertainment and artist platform. JioSaavn represents the official integration of JioMusic and Saavn, the new integrated JioSaavn app will be available across all App Stores including the Jio app store, on JioPhone, as well as at ... Read More »

NCC bags new orders worth Rs 220.2 crore in November

NCC has received two new orders totaling to Rs 220.2 crore in the month of November, 2018. Out of this, one order of Rs 174.2 crore pertains to Electrical Division and one order of Rs 46 crore pertains to Water Division. These orders are received from state government agencies. NCC ... Read More »

Tata Motors’ arm launches special edition of Jaguar XJ model

Tata Motors’ wholly owned subsidiary — Jaguar Land Rover (JLR) has launched a special edition of its Jaguar XJ model for Rs 1.11 crore in India to celebrate 50 years of the company’s flagship luxury saloon. The special edition, XJ50 will be available in long wheelbase with 3 litre diesel ... Read More »

Ashok Leyland reports 9% fall in November sales

Ashok Leyland has reported a fall of 9% in November 2018 sales to 13,121 units, as against 14,457 units sold in the same month of last year. The company reported a fall of 18% in its medium and heavy commercial vehicle (M&HCV) products segment to 8,718 units in November 2018, ... Read More »

SML Isuzu reports marginal growth in November sales

SML Isuzu has reported marginal 1% growth in November 2018 sales. The company has sold 688 vehicles in October 2018 against 681 vehicles in November, 2017. Further, the company sold 8559 vehicles during April- November 2018. SML Isuzu manufactures a range of vehicles such as trucks, buses and ambulances. The ... Read More »

BHEL dispatches 40th Nuclear Steam Generator to NPCIL

Bharat Heavy Electricals (BHEL) has achieved a major milestone with the dispatch of its 40th Nuclear Steam Generator to the Nuclear Power Corporation of India (NPCIL). The Steam Generator, to be installed in NPCIL’s Rajasthan Atomic Power Project (RAPP), was flagged off from BHEL’s Trichy plant in the presence of ... Read More »

VIP Clothing to discontinue licence agreement with Eminence Group

VIP Clothing will not be continue the Eminence licence agreement entered with Eminence group for manufacturing and marketing of undergarment under Brand name called EMINENCE, which is due for expiry on December 31, 2018. The contribution towards sales from Eminence brand was not significant and hence company won’t be renewing ... Read More »

Brigade launches Plumeria Lifestyle at Brigade Meadows in Bangalore

Brigade Group has launched Plumeria Lifestyle at Brigade Meadows, a 60 acre integrated township on Kanakapura Road, Bangalore, next to the Art of Living. Plumeria Lifestyle at Brigade Meadows comprises of 412 thoughtfully designed 1, 2 and 3 bedroom apartment with carpets areas ranging from 44.15 square meter to 100.07 ... Read More »

Atcom Technologies acquires 39.58% stake in Anewera Marketing

Atcom Technologies has purchased equity share that is 39.58% stake held in Anewera Marketing from Vaarad Ventures. The total stake in Anewera Marketing after this purchase increased from 4.12% to 43.70%. Anewera Marketing is treated as an ‘Associate’ with effect from December 1, 2018. Atcom Technologies is the leading VoIP ... Read More »

HCL, Broadcom enter into global preferred services partnership agreement

HCL Technologies (HCL) and Broadcom Inc. have entered into a global preferred services partnership agreement. Effective immediately, HCL becomes the preferred services partner for Broadcom’s enterprise software products (part of former CA Technologies) and will provide professional services, education and training services. Broadcom customers will have access to HCL’s technological ... Read More »

Coal India reports 52.09 MT of coal production in November

Coal India has reported provisional coal production of 52.09 million tonnes (MT) in November 2018, as against 51.26 MT reported during corresponding month of previous year. The company’s total off-take for the month of November stood at 51.01 MT, as against 50.71 MT in November 2017. Coal India is the ... Read More »

M&M’s FES registers 18% growth in domestic sales in November

Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES) has reported domestic tractor sales of 25,159 units in November 2018, as against 21,271 units during November 2017, registering a growth of 18%. Total tractor sales (domestic + exports) during November 2018 were at 25949 units, as against 22994 units for the ... Read More »

Infibeam enters into agreement to invest in Instant Global Paytech

Infibeam Avenues (Infibeam) has entered into an agreement for investment in Instant Global Paytech. The company aim to make strategic investment to enable access of digital payment platform for unbanked and underbanked individuals with deeper penetration of digital payment capabilities. The cost of acquisition is Rs 6 crore. Infibeam is ... Read More »

Zydus Wellness planning to raise funds on private placement basis

Zydus Wellness is planning to raise funds through issue of securities on a preferential allotment basis and raising debt through issue of secured or unsecured redeemable, Non-Convertible Debentures (NCDs) on private placement basis. The Board of Directors of the Company at its meeting to be held on December 06, 2018, ... Read More »

Pricol commences production at new plant in Andhra Pradesh

Pricol has commenced its commercial production at its new Plant situated at 650, Benjamin Road, in the state of Andhra Pradesh. The company has commenced production with effect from December 03, 2018. Pricol is an automotive components and precision engineered products manufacturer based in Coimbatore, India. Read More »

HCL Technologies inaugurates new Delivery Center in Adelaide

HCL Technologies and David Ridgway, Member of the Legislative Council (MLC) of the Parliament of South Australia and Minister of Trade, Tourism and Investment Australia, have inaugurated a new Delivery Center in Adelaide by signing a six-year contract with a leading agribusiness and iconic brand in Australia. This Delivery Center ... Read More »