LiveCG Power subsidiary has completed divestment of power business
A step-down subsidiary of CG Power and Industrial Solutions has completed divestment of its power business in the US to WEG Electric Corp for an...
Category : Latest News
Flipkart concludes eBay India merger
Flipkart, the e-commerce major has concluded the merger with eBay India’s operations. Flipkart has said in a statement, “Effective immediately, Flipkart will own and operate...
Maruti Suzuki July sales increases 20.6% to 1.65 lakh units
Maruti Suzuki, the largest car maker of the country, has reported a hike of 20.6 percent in its July sales. The company has said in...
SBI reduces saving account rate by 0.5% on balance up to Rs 1 cr
The State Bank of India has cut the interest on savings account deposits by 50 basis points to 3.5 percent on balance up to Rs...
Birla Corporation aims to invest Rs 2400 cr in new cement plant
Birla Corporation Limited would be investing around Rs 2400 crore for its proposed new cement plant at Mukutbandh near Nagpur. Harsh V Lodha, chairman of...
USFDA completes PAI of Lupin’s Aurangabad plant
The US health regulator has concluded the prior approval inspection (PAI) of Lupin’s Aurangabad manufacturing plant. Lupin has said in a statement that during the...
Sameer Garde has been named as Cisco India and SAARC President
Sameer Garde, the former Phillips Healthcare executive, has been named by the tech giant Cisco as the president for its India and SAARC operations. Cisco...
Alembic Pharma receives USFDA approval for anti-bacterial drug
Alembic Pharmaceuticals has got the US health regulator’s approval for anti-bacterial Doxycycline capsules. Alembic Pharmaceuticals said in a BSE filing that “The company has received...
L&T posted 46% YoY jump in consolidated net profit for Q1
Larsen & Toubro (L&T), the engineering giant has posted a 46% year-on-year (Y-o-Y) jump in the consolidated net profit at Rs 893 crore for the...
ONGC receives government approval for Rs 7,738 crore GSPC stake buy
Oil and Natural Gas Corp (ONGC) has received government approval for the acquisition of Gujarat State Petroleum Corp’s entire 80 percent holding in a KG...