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Kalpataru Power Transmission bags new orders worth Rs 880 crore

Kalpataru Power Transmission bags new orders worth Rs 880 crore

Kalpataru Power Transmission (KPTL), a leading global EPC player in the power & Infrastructure contracting sector has secured new orders worth around Rs 880 crore. Of total, the company has bagged......

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Muthoot Finance opens two new branches in Srinagar

Muthoot Finance opens two new branches in Srinagar

Muthoot Finance, one of the pioneers and leaders in the Gold Loan industry, has opened its two new branches at Lal Chowk and Rajbagh in Srinagar, Jammu & Kashmir. Although the company already has......

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CARE revises ratings of Welspun Syntex

CARE revises ratings of Welspun Syntex's bank facilities

Credit rating agency, CARE has revised rating of Welspun Syntex's long term bank facilities worth Rs 150.27 crore to 'A' from 'BBB+'. The rating agency has also revised rating of the company's short term......

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Tata Motors

Tata Motors' arm supports Rugby World Cup with fleet of 450 vehicles

Tata Motors-owned luxury brand Jaguar Land Rover has delivered a fleet of 450 vehicles to support the Rugby World Cup 2015 as part of its role as official vehicle partner for the tournament. A mixed fleet......

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GIPL inks share purchase agreement to divest 9 projects to BIF Holding: Report

GIPL inks share purchase agreement to divest 9 projects to BIF Holding: Report

Gammon Infrastructure Projects (GIPL), a subsidiary of Gammon India, has reportedly signed share purchase pact to divest 9 of its project companies to BIF Holdings.  The total cash inflows for......

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SpiceJet in talks with global aircraft makers to acquire more planes

SpiceJet in talks with global aircraft makers to acquire more planes

In a bid to purchase more planes for its fleet following the turnaround of the carrier, SpiceJet is in talks with global aircraft makers. The selection of firms and the number of aircraft that the airline......

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IRB Infrastructure to hand-over two toll projects to Maharashtra government

IRB Infrastructure Developers will hand over two toll projects to state government. These two BOT projects in aggregate contributed less than 0.5% of the consolidated toll revenues of the company. Its......

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Mphasis signs MoU with IIIT-B to support and nurture social enterprises

Mphasis has singed a Memorandum of Understanding (MoU) with International Institute of Information Technology (IIIT-B) to support and nurture social enterprises. As a part of this MoU, IIIT-B will leverage......

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Godrej Consumer to raise Rs 300 crore via NCDs issue

FMCG firm Godrej Consumer Product (GCPL) has received its shareholders' approval for proposal to raise up to Rs 300 crore through issue of nonconvertible debentures (NCDs) on private placement basis.The......

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Tata Motors launches ACE Mega, an all-new Smart & Small Pick-up Truck

Tata Motors has launched a new smart pick-up Tata ACE Mega. The ACE Mega, with superior performance, enhanced looks, strong cabin with rated payload of 1Tonne, will offer the best-in-class fuel efficiency......

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Hindalco Industries plans to raise Rs 6,000 crore via NCDs issue

Hindalco Industries is planning to raise Rs 6,000 crore through issue of non-convertible debentures on a preferential basis. The Board will consider raising the fund in one or more tranches. The company......

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TI Cycles of India to acquire the Brand Licensing Rights for Ridley Bikes

TI Cycles of India, one of the leading bicycle manufacturers in India, has signed up with Ridley Bikes Belgium, one of the leading Bicycle brands in Europe, to acquire the Brand Licensing rights for the......

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Subros achieves milestone of 10 millionth HVAC manufacturing unit

Subros, India's largest & only integrated manufacturer of Automotive Air Conditioning systems is celebrating the milestone of 10 millionth HVAC manufacturing. The 10 millionth HVAC of the company......

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Bank of India to get Rs 2455 crore Capital Infusion

Bank of India (BoI) is likely to issue equity shares on a preferential basis to the Government of India (GOI) for capital infusion of Rs 2455 crore.  In this regard, the Board of Directors have......

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IDBI Bank enters into a MoU with National Housing Bank

IDBI Bank, a public sector lender, has entered into a memorandum of understanding (MoU) with National Housing Bank (NHB). This MoU is a part of the implementation process of the credit linked interest......

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