LiveAir India appoints Pradeep Singh Kharola as the new CMD
Pradeep Singh Kharola, senior IAS officer has been appointed as the new Chairman and Managing Director (CMD) of Air India. Kharola will succeed Rajiv Bansal,...
Category : Latest News
Amazon introduces special store for women entrepreneurs
Amazon has launched Amazon Saheli, to empower and allow women entrepreneurs to sell their products on its platform. Amazon India has associated with organisations which work...
ICICI Prudential MF closes 1,100 day fixed maturity plan
ICICI Prudential Mutual Fund has closed down, ICICI Prudential Fixed Maturity Plan-Series 75-Plan T (1,100 Days) with immediate effect. As per SEBI’s norm, all open-ended and debt-oriented...
PNB to raise Rs.1,324 crore by selling 6% stake, in PNB Housing Finance
Punjab National Bank is proposing to raise approx Rs.1,324.21 crore by selling 6% stake, in its subsidiary firm PNB Housing Finance. This will be done via an offer...
Glenmark Pharma receives 7 observations for Baddi unit, from USFDA
Glenmark Pharma’s, Baddi manufacturing unit has received 7 observations, from the US health regulator after an audit. Its Baddi unit contributes approx 10% of the revenue...
IDBI Bank to offload 1.5% stake in NSE
IDBI Bank plans to sell 1.5% stake in National Stock Exchange (NSE). This move will be a part of the exercise to exit from non-core business....
Ashok Leyland associates with Hino to develop BS-VI engines
Ashok Leyland has associated with Hino, its Japanese partner to jointly develop BS-VI compliant engines. Both companies have entered into a mutual cooperation agreement (MCA). Under...
Essar Group to repay debt to Axis Bank
The Essar Group will be repaying debt of Axis Bank and other financial institution, via proceedings from the sale of BPO business. Capital Square Partners, a private equity...
Surya Roshni receives orders from EESL, for Rs.73 crore
Surya Roshni, a lighting firm has received orders for supplying LED street lights and fans, from Energy Efficiency Services Ltd (EESL), worth Rs.73 crore. In a...
Zydus Cadila receives USFDA approval for seizure, migraine drug
Zydus Cadila has received final approval to market topiramate extended release capsules, from the US health regulator. It is used for treating seizures and migraine. In...