Tata Power arm signs SPA for acquisition of 30 MW wind farm in Maharashtra
Kolkata/ Mumbai, Mar 9 (IBNS): Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, India’s largest integrated power company, has signed a SPA with Indo Rama Renewables Limited (IRRL) to acquire its subsidiary Indo Rama Renewables Jath Limited (IRRJL) which owns a 30 MW wind farm in Sangli District of Maharashtra. The transaction shall be consummated within the next few weeks.
Indian benchmark indices recoup early losses and end in gains on Wednesday
Mumbai, Feb 9 (IBNS) The Indian benchmark indices rallied in the second half of the day's trading with the BSE Sensex up 134.73 points to close at 24793.96 and the NSE Nifty up 46.50 points to end at 7531.80.
Bureau of Standards Bill, 2016 passed by Parliament
New Delhi, Mar 9 (IBNS) The Bureau of Standards Bill, 2016 was passed by the Parliament on Tuesday, is aimed at promoting a culture of quality of products and services through mandatory certification and also through voluntary compliance of Indian standards.
Auto-rickshaws now available on Ola App in 3 new cities
Mumbai, Mar 9 (IBNS): Ola, India’s most popular mobile app for transportation, recently announced the launch of auto-rickshaws on its app, in three cities - Mysore, Gurgaon and Noida.
Cathay Pacific posts profit increase of 90.5% to HK$6 billion in 2015
New Delhi, Mar 9 (IBNS) The Cathay Pacific Group reported an attributable profit of HK$6,000 million for 2015. This compares to a profit of HK$3,150 million in 2014. Earnings per share were HK152.5 cents compared to HK80.1 cents in the previous year.
Suzuki launched Made-in-India Baleno in Japan
Hamamatsu/New Delhi, Mar 9 (IBNS) Suzuki Motor Corporation, parent company of Maruti Suzuki India Limited, launched THE 'Made in India' Baleno in Japan on Wednesday.
SC asks Mallya why his passport should not be impounded
Mumbai, Mar 9 (IBNS) The Supreme Court, which was hearing a plea made by a consortium of banks that Vijay Mallya should not be allowed to leave India, has issued notice to the former UB Group chairman why his passport should not be impounded, according to media reports.
Indiabulls Housing Finance declares interim dividend
Mumbai, Mar 9 (IBNS) Indiabulls Housing Finance Limited has informed the Bombay Stock Exchange and the National Stock Exchange that its Board of Directors has declared a fifth interim dividend for 2015-16 on Wednesday.
NIIT Technolgies wins Best Service Provider award in Germany
Frankfurt/New Delhi, Mar 9 (IBNS) NIIT Technologies Limited has informed the Bombay Stock Exchange and the National Stock Exchange on Wednesday that it has secured the Best Service Provider Award from DB Systel, the ICT Subsidiary of Deutsche Bahn (German Railways).
Pharma major Lupin completes its acquisition of US-based GAVIS
Mumbai, Mar 9 (IBNS): Pharma major Lupin Limited (Lupin) announced on Wednesday that it has completed its acquisition of privately held US-based GAVIS Pharmaceuticals LLC and Novel Laboratories Inc. (GAVIS).
Mallya may have left India, banks urge SC to keep him in the country
Mumbai, Feb 9 (IBNS) Disgraced liquor baron Vijay Mallya, the former United Breweries (UB) group chairman, is believed to have left India even while the consortium of banks to which his grounded Kingfisher Airlines owe a massive debt were asking the Supreme Court (SC) on Tuesday to stop him from leaving, according to media reports.
Global crude oil price of Indian Basket was US$ 37.07 per bbl on Tuesday
New Delhi, Mar 9 (IBNS) The international crude oil price of Indian Basket as computed on Wednesday by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 37.07 per barrel (bbl) on Tuesday. This was higher than the price of US$ 36.17 per bbl published on Monday.
7 New Bikes Unveiled at Auto Expo, Delhi
Even though several motorcycle giants such as Bajaj, Royal-Enfield, Harley-Davidson, and MV Agusta, stayed away from this year Auto Expo, this segment successfully created a huge frenzy and grabbed many eyeballs.
Manipal ProLearn launches certification courses in Information Mapping
Bangalore, Mar 8 (IBNS): Manipal ProLearn in collaboration with Information Mapping International, Belgium, has launched two courses which prepare professionals for an International certification in Information Mapping.
Sonata announces a first-of-its-kind watch with a safety alert function
Kolkata, Mar 8 (IBNS): Sonata, India’s largest selling watch brand from the TATA group, has been working on a unique and innovative watch, designed exclusively for women.