LivePunj Lloyd’s JV wins project worth Rs 1,177 crore
A joint venture of of Punj Lloyd has received a road project in Myanmar from the National Highways Authority of India. A senior NHAI official...
Category : Latest News
LIC lowers stake in Raymond by 2.01%
The Life Insurance Corporation (LIC) has lowered its stake in textile and apparel major Raymond by 2.01 percent by selling 12.37 lakh shares in the...
Essar Oil aims to invest USD 250 mn to expand refining capacity in UK
Essar Oil (UK) Ltd is going to invest USD 250 million for expanding the refining capacity and has been targeting 400 petrol pumps in Britain...
Ashok Leyland has signed MoU with Russian, Indian firms for military products
Ashok Leyland Defence Systems (ALDS) which is a part of Hinduja Group flagship Ashok Leyland has signed a Memorandum of Understanding (MoU) on cooperation with...
Amazon India aims to cut costs by reducing discounts, spends on marketing
Amazon India, for the purpose of achieving its target to profitable by 2019, is planning to cut losses through reduction in packaging and delivery costs...
Paytm Payments Bank board provides approval for Rs 60 cr rights issue
The board of Paytm Payments Bank has provided its approval for Rs 60 crore rights issue for its existing shareholders that includes Paytm founder Vijay...
HCL has acquired ETL Factory for 7 mn pounds
HCL Technologies, the fourth largest software services firm of the country, has agreed to acquire UK based ETL Factory Limited for 7 million pounds. HCL...
Minda SAI Ltd acquires EI Labs India
Minda Corporation’s subsidiary Minda SAI Ltd has fully acquired EI Labs India for a consideration of Rs 6.5 crore. The company has said in a...
Dena Bank, Union Bank reduces MCLR rates
Union Bank of India and Dena Bank have lowered their marginal costof lending rates across various tenors with effect from today. The Union Bank has...
Mahindra tractor sales increases 22% at 16,516 units in August
Mahindra and Mahindra has posted a 21.95 percent hike in its total tractor sales at 16,516 units in August this year. Mahindra and Mahindra has...