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Tag Archives: enters

Acrysil enters into agreement with Grohe

Acrysil has entered into an agreement for supply of Quartz Kitchen Sinks with Grohe, leading German Brand which is a part of Japanese major multi billions USD ‘LIXIL Group’. The agreement has potential to bring in additional revenues to the tune of around $7‐8 million (around Rs 50-60 crore) in ... Read More »

Strides Pharma Science’s arm enters into agreement with SUDA Pharma

Strides Pharma Science’s step-down wholly owned subsidiary — Strides Pharma Global Pte, Singapore has entered into an exclusive product development, licensing and supply agreement with SUDA Pharmaceuticals for its novel drug SUD-001H, an oral spray of sumatriptan to treat migraine headache for the US market. Execution of Strides’ generic product ... Read More »

HCL Technologies, Deutsche Bank enters into partnership

HCL Technologies and Deutsche Bank have entered into strategic partnership to transform the bank’s global cheque processing operations. Under the terms of the agreement, the company will build a cloud-based digital and fully scalable cheque processing platform for the bank. The new IT-platform is expected to go live in 2019. ... Read More »

Tata Motors enters into agreement with Gulf Oil Lubricants

Tata Motors and Gulf Oil Lubricants India (GOLIL) have signed an agreement to launch a range of co-branded lubricants for its passenger vehicle segment in India. The products launched under this range would cover the entire gamut of requirements by the Company, which would include engine oil, gear oil, coolant ... Read More »

GMR Infrastructure’s arm enters into definitive share purchase agreement

GMR Infrastructure’s indirect subsidiary — GMR Hyderabad International Airport (GHIAL) has entered into a definitive Share Purchase Agreement for acquiring the entire equity and preference shares held by Menzies Aviation Cargo (Hyderabad), Mauritius in Hyderabad Menzies Air Cargo (HMACPL) at a total consideration of Rs 59.75 crore. Post-acquisition of the ... Read More »

IDFC along with subsidiaries enters into agreement with NIIF II

IDFC and its subsidiaries — IDFC Financial Holding Company (IDFC FHCL) and IDFC Infrastructure Finance (IDFC IFL) — have entered into a definitive agreement with National Investment and Infrastructure Fund II (NIIF II). Pursuant to the said Agreement, NIIF II shall acquire controlling interest in IDFC IFL from IDFC FHCL. ... Read More »

Garden Reach Shipbuilders enters into contract with GoI

Garden Reach Shipbuilders & Engineers has entered into a contract with the Government of India (GoI), Ministry of Defence, for construction and delivery of number 04 Survey Vessels (Large) at an estimated cost of Rs 2,435.15 crore, under fixed price basis. The 1st ship is to be delivered within 36 ... Read More »

Intellect’s iGTB enters into partnership with PPI AG

Intellect Global Transaction Banking (iGTB), the transaction banking division of Intellect Design Arena, and PPI AG, the leading software product company in Europe have entered into partnership to provide advanced end-to-end integrated solutions for transaction banking localised for the needs of German and French banks. With the average IT spent ... Read More »

Intellect’s iGTB enters into collaboration agreement with Bolero International

Intellect Global Transaction Banking (iGTB), the transaction banking and technology specialist from Intellect Design Arena, has entered into a collaboration agreement with Bolero International, the world’s premier trade digitization experts, with goals to make trade safer, smarter and faster. Both firms are looking at exploring developments of digitally-led commercial trade ... Read More »

Satin Creditcare Network enters into partnership with IndusInd Bank

Satin Creditcare Network has entered into a strategic Business Correspondent (BC) partnership with IndusInd Bank. Till date, the company has disbursed more than Rs 200 crore across Bihar, West Bengal, Uttar Pradesh, and Rajasthan under this partnership, and is looking forward to the opportunity to scale up in the short ... Read More »

Future Group enters into MoU with Vardhman Group

Future Group has entered into a memorandum of understanding (MoU) with the Vardhman Group to co-develop products for its apparel business. This strategic partnership will enable the group to make quality fashion more affordable. Future Group is India’s first and largest independent homegrown pure-play retail group. Future Group consists of ... Read More »

Scan Steels enters into OTS with three banks

Scan Steels has entered in One Time Settlement (OTS) with three Lender Banks among consortium members namely IDBI Bank, Bank of India and Central Bank of India. The company has made full and final payment under OTS/NS Scheme with IDBI Bank for Rs 23 crore, Bank of India for Rs ... Read More »

Sanghvi Brands enters into JV agreement with Kerala Ayurveda

Sanghvi Brands has entered into a Joint Venture (JV) Agreement with Kerala Ayurveda to establish, manage and operate wellness resorts and wellness ayurvedic spas under the new brand name jointly agreed by the parties to develop Ayurvedagram Wellness Resorts and Ayurvedagram inspired Ayurvedic Spas across the world by way of ... Read More »

Aban Offshore’s arm enters into conditional sale, purchase agreement

Aban Offshore’s wholly owned step-down subsidiary has entered into a conditional sale and purchase agreement to acquire 100% interest in a United Kingdom (UK) Continental Shelf Production License comprising of 100% interest in two blocks in UK North Sea, for a non-cash consideration of $75 million. The consideration shall be ... Read More »

Saina Nehwal enters QFs of World Championships in China

She will face Olympic champion Marin in the quarterfinals after the Spaniard registered a straightforward 21-7, 21-13 win against Japan’s Sayaka Sato. However, Kidambi Srikanth’s tournament came to an end after he lost 18-21, 18-21 to unseeded Malaysian Daren Liew. Earlier, Satwiksairaj Rankireddy and Ashwini Ponnappa became just the second ... Read More »