LiveVolvo Cars has appointed Charles Frump as head of Indian operations
Volvo Cars has appointed Charles Frump as the new Managing Director of Indian operations. Frump has succeeded Tom von Bonsdorff, who went back to his...
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Philips India,appointed Daniel Mazon as Vice Chairman,MD
Daniel Mazon, has been appointed as the Vice Chairman and Managing Director of Philips India, effective from October 3. Philips India stated that,Mazon has succeeded...
Zydus receives USFDA approval for overactive bladder drug
Zydus Cadila,has received final approval from US health regulator for marketing capsules, which are used in treating overactive bladder with symptoms like urinary frequency. In...
NBCC associates with Finland company for EV charging infrastructure
NBCC stated that, it has signed MoU with Finland’s Fortum Oyj for developing electric vehicle charging infrastructure in upcoming development projects in India. In a...
Wipro acquires US design consultancy Cooper for $8.5 mn
As per Wipro,to grow its digital innovation capabilities. its digital unit has acquired San Francisco based design consultancy Cooper for $8.5 million. Cooper is know...
Flipkart Payments invests over Rs 254 cr in PhonePe
As per the documents, filed with the Corporate Affairs Ministry, digital payments arm,PhonePe of Flipkart has raised over Rs.254 crore from Singapore based Flipkart Payments....
Rajnish Kumar appointed as new chairman of SBI
Rajnish Kumar,Managing Director of State Bank of India(SBI), has been appointed as the next chairman of the SBI. He will take over Arundhati Bhattacharya, who...
Tata Motors signs MoU with Srei arm
Tata Motors and Srei Equipment Finance Limited, a wholly owned subsidiary of Srei Infrastructure Finance Limited,have signed a memorandum of understanding(MoU),for financing commercial vehicles with...
Bangladesh signed USD 4.5bn loan deal with India
Bangladesh signed third line of credit (LoC) worth USD 4.5 billion with India for its infrastructure and social sector development. The agreement was signed in...
RBI keeps repo rate unchanged at 6%
RBI has kept the key repo rate unchanged at 6% and reverse repo rate unchanged at 5.75%. RBI stated that, the gross value added(GVA) growth...