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Cenlub Industries planning to incorporate wholly owned subsidiary

Cenlub Industries planning to incorporate wholly owned subsidiary

Cenlub Industries is planning to incorporate wholly owned subsidiary. The board of directors of the company will consider the same in the board meeting to be held on March 02, 2019. Cenlub Industries is......

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Asahi Songwon Colors to shutdown CPC Crude Blue Plant

Asahi Songwon Colors to shutdown CPC Crude Blue Plant

Asahi Songwon Colors has planned a shutdown of CPC Crude Blue Plant at Padra, Vadodara district with effect from February 24, 2019 to carry out the periodic maintenance. The shutdown will affect CPC Crude......

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Godfrey Phillips India

Godfrey Phillips India's arm divests entire stake in Gopal Krishna Infrastructure

Godfrey Phillips India's step down subsidiary-- Unique Space Developers has divested its entire stake in Gopal Krishna Infrastructure & Real Estate (100% subsidiary of Unique Space Developers)......

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City Union Bank opens four new branches in Tamil Nadu

City Union Bank opens four new branches in Tamil Nadu

City Union Bank has opened four new branches in the state of Tamil Nadu on February 22, 2019. The bank has inaugurated 621th and 622nd branch at Nambiyur and Moolapalayam, respectively. The bank has also......

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Bajaj Finance raises Rs 100 crore via NCDs

Bajaj Finance raises Rs 100 crore via NCDs

Bajaj Finance has raised Rs 100 crore through allotment of 1,000 Secured redeemable Non-Convertibles Debentures (NCDs) of face value of Rs 10 lakh each. The Debenture Allotment Committee of the Company......

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BEL signs teaming agreement with Hughes India for Helicopter Satcom Solutions

BEL signs teaming agreement with Hughes India for Helicopter Satcom Solutions

Bharat Electronics (BEL) and Hughes India have entered into a Teaming Agreement for design, development, supply, installation, integration and commissioning of Satellite Communication solutions for helicopters......

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Lupin recalls 43,860 bottles of ophthalmic solution in US

Lupin is recalling 43,860 bottles of Moxifloxacin Ophthalmic solution, used to treat bacterial conjunctivitis, in the US market. The US health regulator, United States Food and Drug Administration (USFDA)......

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RCOM seeks approval from lenders to release Rs 260 crore directly to Ericsson

Reliance Communications (RCOM) has requested urgent approval from its lenders to release approximately Rs 260 crore received from Income Tax refunds, lying in its bank account, directly to Ericsson. A......

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Andhra Bank to get capital infusion of Rs 3,256 crore from Govt

Andhra Bank has received a communication from Government of India regarding sanction of its capital infusion of Rs 3,256 crore towards contribution of the Central Government in the preferential allotment......

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Elgi Equipments launches direct drive reciprocating air compressor

Elgi Equipments has launched its direct drive reciprocating air compressor. The Direct Drive Piston compressors offer superior performance through unique integrated design of motor and top block, each......

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Tata Global Beverages' JV to use compostable and recyclable packaging solutions

Tata Starbucks, a 50:50 joint venture between Tata Global Beverages and Starbucks Coffee of the US, is all set to fully transition itself to use only compostable and recyclable packaging solutions across......

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DCC seeks revenue assurance from MTNL for revival support

The Digital Communications Commission (DCC) has asked Mahanagar Telephone Nigam (MTNL) to explain its turnaround strategy and give an assurance to achieve higher revenue for getting financial support.......

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Dr Reddy's Laboratories recalls 2,770 bags of epilepsy injection in US

Dr Reddy's Laboratories is recalling 2,770 bags (277 selling units) of epilepsy drug Levetiracetam Sodium Chloride injection in the US market, on account of a labelling error.  The company is......

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GoI to make capital infusion of Rs 1,603 crore in Syndicate Bank

Government of India (GoI) has decided to make a capital infusion of Rs 1,603 crore in Syndicate Bank towards contribution of Central Government in the preferential allotment of equity shares in the Bank......

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UCO Bank to get capital infusion of Rs 3,330 crore from GoI

Government of India (GoI) has conveyed its decision to release Rs 3,330 crore to UCO Bank towards contribution of the Central Government in the preferential allotment of equity shares of the Bank during......

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