LiveReliance Defence has received Reserve Bank approval to exit CDR
The Reserve Bank of India has provided its approval to Reliance Defence and Engineering to exit the corporate debt restructuring package. Reliance Infrastructure has acquired...
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Ashok Leyland reports 7% rise in sales to 11,108 units in June
Ashok Leyland, the Hinduja Group flagship company has reported a 7 percent increase in total sales at 11,108 units in June 2016. In June last...
CCI has rejected complaint against Kanoria Chemicals
The Competition Commission of India has dismissed allegations that Kanoria Chemicals & Industries has abused its dominant position through imposing unfair prices for supplying of...
Maruti Suzuki sales declined by 10.2% in June on account of fire at Subros
The largest car maker of the country Maruti Suzuki has reported a 10.2 percent drop in domestic sales at 92, 133 units because of of...
MSI signs agreement with Andhra Pradesh for driving training institute
An agreement has been signed by Maruti Suzuki India (MSI) and Andhra Pradesh government for setting up and run a driving training and traffic research...
Adani Transmission has raised Rs 1,000 crore through NCDs
Adani Transmission has raised Rs 1,000 crore by allotting non-convertible debentures on private placement basis. It has said in a BSE filing that “The company...
World Bank has announced $1 billion for solar projects in India
World Bank has announced funding support of USD 1 billion to expand solar power capacity in India. An agreement has also been signed by it...
NHAI receives environment clearance for Rs 1,246 crore UP road upgradation project
An environment clearance has been received by the National Highways Authority of India (NHAI) for upgrading the 146-km long carriageway of Kanpur (Chakeri) to Allahabad...
Gayatri Projects has received Rs 306 crore road project
Gayatri Projects has got a Rs 306 crore order from the Centre for four laning of a highway on the Andhra Pradesh-Tamil Nadu border. The...
Cisco is going to partner with startups, cos for smart solutions
Cisco, the technology giant has announced its new ‘LaunchPad’ initiative under that it will be associating with developers and enterprises in India for the purpose...