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Business Economy

ALKEM Laboratories Ltd donates Rs 1 Crore towards Chief Minister Relief Fund in Kerala

12 Sep 2018 | 4:55 PM

Mumbai, Sep 12 (UNI) ALKEM Laboratories Ltd.

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Balmer Lawrie and Co Ltd leverages every change as an opportunity and remains profitable by strengthening core businesses : CMD

Balmer Lawrie and Co Ltd leverages every change as an opportunity and remains profitable by strengthening core businesses : CMD

12 Sep 2018 | 4:54 PM

Kolkata, Sep 12 (UNI) Balmer Lawrie and Company Ltd. has recorded net turnover of Rs. 1,797 crore during 2017-18 as against Rs. 1,779 crore in 2016-17 registering an increase of approximately one per cent.

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IBM, IIT Bombay team up to accelerate AI research in India

12 Sep 2018 | 4:53 PM

Mumbai, Sep 12 (UNI) IBM and IIT Bombay on Wednesday announced that they will join the (Artificial Intelligence) AI Horizons Network as part of a multi-year collaboration to advance AI research in the country.

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Makers of Milkshakes eyes Rs 40 cr turnover in current fiscal; to foray into Intl market in Oct 18

12 Sep 2018 | 4:53 PM

Hyderabad, Sept 12 (UNI) Makers of Milkshakes, Hyderabad-based Food Startup with 75 outlets across Andhra Pradesh, Telangana, Chennai and Bangalore, on Wednesday announced plans to rapidly expand the franchise chain to 200 by 2019 by entering into International market in next month.

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Reliance Jio celebrates 2nd anniversary; gives Rs 100 discount on highest selling plan

Reliance Jio celebrates 2nd anniversary; gives Rs 100 discount on highest selling plan

12 Sep 2018 | 4:52 PM

Mumbai, Sep 12 (UNI) The Mukesh Ambani-led Reliance Jio is celebrating its two years of existence in telecom market.

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HDFC Life appoints Vibha Padalkar as new MD & CEO

HDFC Life appoints Vibha Padalkar as new MD & CEO

12 Sep 2018 | 4:50 PM

Mumbai, Sep 12, (UNI) HDFC Life, one of India’s largest private life insurers on Wednesday announced the appointment of Vibha Padalkar as its new Managing Director & CEO for a period of 3 years.

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Kissht raises USD30mn Series C, Led by Vertex Ventures & Sistema Asia Fund

Kissht raises USD30mn Series C, Led by Vertex Ventures & Sistema Asia Fund

12 Sep 2018 | 4:48 PM

Mumbai, Sep 12 (UNI) Leading Fintech Consumer lending platform, Kissht, has raised USD30mn in its Series C financing round led by Vertex Ventures SEA and India and Sistema Asia Fund, with participation from existing investors, Fosun RZ Capital, Ventureast & Endiya Partners.

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Tata Power, DABS join hands for distributing power in Afghan

Tata Power, DABS join hands for distributing power in Afghan

12 Sep 2018 | 4:46 PM

Mumbai/New Delhi, Sep 12 (UNI) Tata power, the largest power generation company in India, on Wednesday inked a pact with the Afghanistan government-owned power distribution company Da Afghanistan Bresha Sherkat (DABS) for distribution, transmission and generation of power in the neighbouring country in coming days.

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MSRDC receives Performance Bank Guarantee (PBG), Advance Bank Guarantee (ABG) from Reliance Infrastructure consortium

MSRDC receives Performance Bank Guarantee (PBG), Advance Bank Guarantee (ABG) from Reliance Infrastructure consortium

12 Sep 2018 | 4:42 PM

Mumbai, Sep 12 (UNI) Maharashtra State Road Development Corporation
Limited (MSRDC) has received Performance Bank Guarantee (PBG) and
Advance Bank Guarantee (ABG) from Reliance Infrastructure consortium
for the Versova-Bandra Sea Link Project.

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Powergrid up by 3.40 pc to Rs 193.20

12 Sep 2018 | 4:29 PM

Mumbai, Sep 12 (UNI) Powergrid on Wednesday moved up by 3.

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‘Invest Odisha’ launched in Delhi

12 Sep 2018 | 4:19 PM

(Rptg, under correct file name)
New Delhi, September 12 (UNI) Odisha Chief Minister Naveen Patnaik launched ‘Invest Odisha’ website on Wednesday at ITC Maurya in New Delhi.

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Micromax launches next gen TV - Canvas 3 Smart

Micromax launches next gen TV - Canvas 3 Smart

12 Sep 2018 | 3:11 PM

New Delhi, Sep 12 (UNI) Mobile phone maker Micromax Informatics Ltd on Wednesday launched the next gen of TV viewing experience with the Canvas 3 Smart TV.

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Bullion Market Closing Rates

12 Sep 2018 | 3:10 PM

Chennai, Sep 12 (UNI) Following is the bullion
markets closing rate here today.

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Reference rate fixed at 72.7549 against USD

12 Sep 2018 | 2:49 PM

Mumbai, Sep 12 (UNI) The Financial Benchmarks India Private Limited (FBIL) on Wednesday fixed the reference rate a against the US Dollar 72.

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India's merchandise exports to grow at 12.3 pc in Q2: Exim Bank

India's merchandise exports to grow at 12.3 pc in Q2: Exim Bank

12 Sep 2018 | 2:42 PM

New Delhi, Sep 12 (UNI) India's merchandise exports would grow at a rate of 12.3 per cent during July-September 2018, compared to the corresponding period of the previous year, the Exim Bank forecast on Wednesday.

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