research by: finemergia published by:...
TRANSCRIPT
Research by: FinEmergia Published by: Finglobedirect
India Business News Dailies Morning Edition-1 | July 12, 2016
The Morning Edition-1 covering comprehensive hard-to-find business news and company announcements of India compiled and curated during last 16 hours.
TABLE OF CONTENTS
Section 1 - India Company News: By Company Name
Section 2 - Foreign Company News in India: By Company Name
Section 3 - Company News: By Industry Group
Section 4 - Industry News
Indian Companies: Air India Limited Aircel Ltd Altico Capital India Pvt. Ltd. Amazon Development Centre (India) Private Limited ANI Technologies Private Limited Apollo Hospitals Enterprise Ltd
Artson Engineering Ltd Axis Bank Ltd Bazel International Ltd Beeyu Overseas Ltd Bharat Petroleum Corporation Ltd Birla Precision Technologies Ltd Bombay Dyeing & Manufacturing Company Ltd Career Point Ltd Cera Sanitaryware Ltd
Citibank India Coal India Ltd Cocoatrait Delta Industrial Resources Ltd Desai Brothers Ltd. Eastern Gases Ltd Edelweiss Financial Services Ltd. Equitas Holdings Private Limited Future Retail Ltd
Go Airlines (India) Ltd. Google India Pvt. Ltd. Housing Development Finance Corporation Ltd
Ibibo Group Private Limited IFB Industries Limited IFCI Ltd Igarashi Motors India Ltd India Gelatine & Chemicals Ltd Indian Oil Corporation Ltd Innotarget Fashalot Retail Private Limited Jaihind Projects Ltd Jasper Infotech Private Limited
Karnimata Cold Storage Ltd Kesar Enterprises Ltd L&T Infotech Ltd Manash Lifestyle Pvt. Ltd. Milkfood Ltd Minaxi Textiles Ltd Morgan Ventures Ltd Nila Infrastructures Ltd NMDC Ltd One Mobikwik Systems Private Limited Patanjali Ayurveda Limited Petronet LNG Ltd
Porsche India Pvt. Ltd. Quick Heal Technologies Limited Reliance Jio Infocomm Limited Rural Electrification Corporation Ltd Sagar Ratna Restaurants Pvt. Ltd. Sahara Group
State Bank of India State Bank Of Travancore Sun Pharmaceutical Industries Limited
Super Highway Labs Pvt. Ltd. Supermarket Grocery Supplies Pvt. Ltd Tata Motors Ltd
Tata Power Company Ltd Trivitron Healthcare Pvt. Ltd. Vedanta Limited VLCC Health care limited Voltaire Leasing & Finance Ltd
Foreign Companies:
Airbus SAS (France) Endurance International Group Incorporation (United States) Hennes & Mauritz AB (Sweden)
LafargeHolcim (Switzerland) Leshi Internet Information & Technology Corporation (China) SirionLabs Inc (United States)
Xiaomi Incorporation (China)
Top
Section 1 - India Company News: By Company Name
Air India Limited (www)
Air India offers more flights - Air India will provide enhanced daily connectivity from Delhi to Allahabad, Dehra Dun and Jaipur. More... (July 11, 2016) Industry: Airlines (Transportation) , News Category: Expansion/Diversification , Attribute: Indian Global Company Civil Aviation Min reviews Air India performance - Civil Aviation Minister Mr. Ashok Gajapathi Raju reviewed the overall performance of Air India and discussed ways to increase the market share as well as to reduce its losses More... (July 11, 2016) Industry: Airlines (Transportation) , News Category: Guidelines/Outlines , Attribute: Indian Global Company
Aircel Ltd (www)
Maran brothers move bail plea in Aircel-Maxis deal - Former Telecom Minister Mr. Dayanidhi Maran, his brother Mr. Kalanithi Maran and four others appeared before a special court in pursuance of the summons issued to them in a Aircel-Maxis deal-related money laundering case and moved their bail pleas More... (July 11, 2016) Industry: Telecom (Technology) , News Category: Court Hearing (Litigation)
Altico Capital India Pvt. Ltd. (www)
Altico Cap to invest INR180cr in Pharande Group - Altico Capital has closed a deal to invest INR180cr in Pune-based Pharande group. More... (July 11, 2016) Industry: Diversified Financial Services (Financial Services) , News Category: Investments
Amazon Development Centre (India) Private Limited (www)
Amazon India crosses 1 lakh sellers on its platform - Amazon.in has crossed one lakh sellers on its platform during April-June quarter, witnessing a seller growth of over 250 per cent year-on-year. More... (July 11, 2016) Industry: E-Commerce (Retailing) , News Category: Increase/Decrease in Customers , Attribute: Foreign Affiliated Indian Company
ANI Technologies Private Limited (www)
Ola launches e-rickshaw service in Lucknow - Ola announced launch of e-rickshaws on its mobile app in Lucknow. More... (July 11, 2016) Industry: Commercial Services (Services) , News Category: New Products , Attribute: Indian Global Company
Apollo Hospitals Enterprise Ltd (www)
Apollo Hospitals signs MoU with Stanford University - Apollo Hospitals (508869) has signed a MoU with Stanford University for the SAATHI related to South Asians and Chronic Diseas More... (July 11, 2016) Industry: Healthcare Services (Healthcare) , News Category: Contracts/Deals , MarketCap Group: Large-MidCap
Artson Engineering Ltd (www)
Artson Engineering Ltd received a letter of intent for an order - Artson Engineering Ltd has received a Letter of Intent for an order at estimated value of INR10.4cr for the scope of process piping and equipment erection for a Chemical Storage Terminal Project in Sharjah, UAE, where the Company is already executing Storage Tank construction works. More... (July 11, 2016) Industry: Industrial Engineering (Capital Goods) , News Category: Contracts/Deals , MarketCap Group: SmallCap , Attribute: Indian Global Company
Axis Bank Ltd (www)
Axis Bank Ltd - Allotment of equity shares under ESOP - AXIS Bank Ltd (532215) has allotted 17,100 equity shares of INR2 each on July 11, 2016, pursuant to exercise of options under its ESOP Scheme. More... (July 11, 2016) Industry: Banks (Financial Services) , News Category: Changes in Shareholding , MarketCap Group: LargeCap , Attribute: Indian Global Company
Bazel International Ltd
Bazel International Ltd - Resignation of statutory auditors - Bazel International Ltd (539946) has informed that M/s Nishchay Khandelwal & Co. , Statutory Auditors of the company have resigned from the office of Statutory Auditors of the company due to some preoccupancy with effect from July 09, 2016. More... (July 11, 2016) Industry: Diversified Financial Services (Financial Services) , News Category: Management Changes
Beeyu Overseas Ltd (www)
Beeyu Overseas Ltd - Resignation of company secretary - Beeyu Overseas Ltd (532645) has informed that Mr. Bhagwat Nayak, has resigned from the post of Company Secretary and Compliance officer of the company More... (July 11, 2016) Industry: Trading/Distribution (Retailing) , News Category: Management Changes , MarketCap Group: MicroCap
Bharat Petroleum Corporation Ltd (www)
Mr. D Rajkumar appointed CMD of BPCL; Mr. Utpal Bora to head Oil India - Technocrats Mr. D Rajkumar and Mr. Utpal Bora were appointed as chairman and managing director of BPCL (500547) and Oil India Ltd, respectively More... (July 11, 2016) Industry: Oil, Gas & Power (Energy) , News Category: Board of Directors , MarketCap Group: LargeCap
Birla Precision Technologies Ltd (www)
Birla Precision Technologies Ltd - Resignation of Director - Birla Precision Technologies Ltd (522105) has informed that Mr. Mohandas Shenoy Adige, Independent Director of the Company has resigned from the Board of the company with effect from July 11, 2016. More... (July 11, 2016) Industry: Industrial Engineering (Capital Goods) , News Category: Board of Directors , MarketCap Group: MicroCap
Bombay Dyeing & Manufacturing Company Ltd (www)
Bombay Dyeing And Manufacturing Company Ltd - Appointment of Company Secretary & Compliance Officer - Bombay Dyeing & Manufacturing Company Ltd (500020) has informed that Mr. Sanjive Arora has joined as the Company Secretary & Compliance Officer of the company More... (July 11, 2016) Industry: Textiles/Apparel/Personal Goods (Consumer Goods) , News Category: Management Changes , MarketCap Group: Mid-SmallCap
Career Point Ltd (www)
Career Point Ltd receives first tranche of INR4.2cr from NSDC - Career Point Ltd (533260) has informed regarding Career Point receives first tranche of INR4.2cr from NSDC". More... (July 11, 2016) Industry: Commercial Services (Services) , News Category: Contracts/Deals
Cera Sanitaryware Ltd (www)
Cera Sanitaryware Ltd - Credit Rating - Cera Sanitaryware Ltd (532443) has received a letter dated June 28, 2016 from CARE Ratings regarding Credit Rating for Bank Facilities of the company. More... (July 12, 2016) Industry: Construction Services (Capital Goods) , News Category: Ratings Changes , MarketCap Group: MidCap
Citibank India (www)
Citibank profit drops 6% in FY16 - Citibank India reported a 6% decline in net profit in the fiscal year ended March 2016 though net interest income increased 10%. More... (July 11, 2016) Industry: Diversified Financial Services (Financial Services) , News Category: Earnings , Attribute: Foreign Affiliated Indian Company
Coal India Ltd (www)
Coal India Ltd - Board approves Buyback of equity shares - Coal India Ltd (533278) has informed that the Board of Directors of the company has approved the buyback of not exceeding 10,89,55,223 equity shares of the company More... (July 12, 2016) Industry: Oil, Gas & Power (Energy) , News Category: Changes in Shareholding , MarketCap Group: LargeCap , Attribute: Indian Global Company
Cocoatrait (www)
Cocoashala partners with Capco, UK, for knowledge on chocolate platform - Cocoashala, part of Cocoatrait, which is an initiative to promote knowledge, production and consumption of fine chocolates in India, has partnered with Capco, one of the leading manufacturers of Materials Testing and Sample Preparation Equipment, from Ipswich, Suffolk, UK. More... (July 12, 2016) Industry: Commercial Services (Services) , News Category: Joint Ventures
Delta Industrial Resources Ltd (www)
Delta Industrial Resources Ltd - Outcome of Board Meeting - Delta Industrial Resources Ltd (539596) has appointed Mr. Alok Nath Singh as a Company Secretary and Compliance Officer of the Company with immediate effect. More... (July 11, 2016) Industry: Diversified Financial Services (Financial Services) , News Category: Management Changes
Desai Brothers Ltd. (www)
Mother's Recipe looks to taste INR500cr turnover - Mother’s Recipe, a household name for pickles in India, has set out on a culinary trail of sorts, wanting to savour a robust turnover of INR500cr over the next three years. More... (July 12, 2016) Industry: Food/Beverages (Consumer Goods) , News Category: Forecast
Eastern Gases Ltd (www)
Eastern Gases Ltd - Outcome of Board Meeting - Eastern Gases Ltd (590080) has appointed Mr. Manish Yadav, as an Additional Director (Non-Executive Director) on the Board of Director of the company with effect from July 11, 2016. More... (July 11, 2016) Industry: Trading/Distribution (Retailing) , News Category: Board of Directors , MarketCap Group: SmallCap
Edelweiss Financial Services Ltd. (www)
Edelweiss Financial Services Ltd - Updates - Edelweiss Financial Services Ltd (532922) has informed that IRDAI has accepted the registration application form IRDA /R1, for setting up a General Insurance Company in India, filed by Edelweiss General Insurance Company, a wholly owned subsidiary. More... (July 11, 2016) Industry: Diversified Financial Services (Financial Services) , News Category: General , MarketCap Group: MidCap
Equitas Holdings Private Limited (www)
Intimation about Subsidiary Company - Equitas Holdings (539844) has informed BSE that the Rating Agency, CRISIL has upgraded the ratings for the debt programme of the Subsidiary Company, Equitas Finance Ltd. More... (July 11, 2016) Industry: Diversified Financial Services (Financial Services) , News Category: Ratings Changes , MarketCap Group: MidCap
Future Retail Ltd (www)
Big Bazaar completes integration of Easyday stores - Bharti Retail’s hypermarket stores Easyday have now become Big Bazaar outlets as the Future Group (523574) has completed their integration following the merger agreement in May last year More... (July 11, 2016) Industry: Wholeseller/Retailers (Retailing) , News Category: Expansion/Diversification , MarketCap Group: Mid-SmallCap
Go Airlines (India) Ltd. (www)
GoAir in talks with Airbus for A320neo planes - GoAir is in discussions with Airbus for its next big plane order, said three people in the know. More... (July 11, 2016) Industry: Airlines (Transportation) , News Category: Negotiation
Google India Pvt. Ltd. (www)
Google aims to train two million Indian developers on Android platform - Google unveiled Android Skilling and certification program to train and certify two million developers in India over the next three years. More... (July 11, 2016) Industry: Software (Technology) , News Category: Future Plans , Attribute: Foreign Affiliated Indian Company
Housing Development Finance Corporation Ltd (www)
HDFC to issue Synthetic INR Notes to overseas investors, raise INR3,000cr - Housing Development Finance Corporation (500010) is planning to raise about INR3,000cr by issuing its first unrated Synthetic Indian Rupee Notes to overseas investors More... (July 11, 2016) Industry: Diversified Financial Services (Financial Services) , News Category: Future Plans , MarketCap Group: LargeCap , Attribute: Indian Global Company
Ibibo Group Private Limited (www)
redBus acquires majority stake in Peru's Busportal.pe - Ibibo Group-owned redBus has bought a majority stake in Busportal for an undisclosed amount, a move that will help the Indian entity foray into the Latin American market. More... (July 11, 2016) Industry: Air Freight & Logistics (Transportation) , News Category: Sale/Purchase of Company Stakes , Attribute: Indian Global Company
IFB Industries Limited (www)
IFB Industries acquires 51% stake in Trishan Metals - IFB Industries (505726) has announced that the Company participated in the Equity issue of 1,20,00,000 squity shares of Rs 10 each of Trishan Metals Pvt Ltd. More... (July 12, 2016) Industry: Textiles/Apparel/Personal Goods (Consumer Goods) , News Category: Sale/Purchase of Company Stakes , MarketCap Group: Mid-SmallCap , Attribute: Indian Global Company
IFCI Ltd (www)
Revision in IFCI Benchmark Rate - IFCI (500106) has reduced its Benchmark Rate, "IFCI Benchmark Rate (IBR)" from 11.70% p.a. to 11.50% p.a. with monthly rests. More... (July 11, 2016) Industry: Diversified Financial Services (Financial Services) , News Category: Ratings Changes , MarketCap Group: Large-MidCap
Igarashi Motors India Ltd (www)
Mr. P Mukund to sell 10.35% stake in Igarashi Motors - Igarashi Motors India (517380) said one of its large shareholders will sell over 3.3mn shares amounting to 10.35%. More... (July 11, 2016) Industry: Automotive (Capital Goods) , News Category: Sale/Purchase of Company Stakes , MarketCap Group: Mid-SmallCap
India Gelatine & Chemicals Ltd (www)
MoU with M/s. Link Intime India Private Limited - India Gelatine And Chemicals (531253) has entered into a MOU with M/s. Link Intime India Private Limited More... (July 11, 2016) Industry: Chemicals (Materials) , News Category: Contracts/Deals , MarketCap Group: SmallCap
Indian Oil Corporation Ltd (www)
Indian oil PSUs may hold 51% stake in Maharashtra refinery - Indian Oil Corp. Ltd (530965) Bharat Petroleum Corp. Ltd may jointly hold a 51 per cent stake in a large refinery. More... (July 11, 2016) Industry: Oil, Gas & Power (Energy) , News Category: Sale/Purchase of Company Stakes , MarketCap Group: LargeCap , Attribute: Indian Global Company
Innotarget Fashalot Retail Private Limited (www)
Fashion marketplace aggregator Fashalot to expand to more cities - Fashalot aims to bridge the gap between offline retail outlets and shoppers with the help of technology. More... (July 11, 2016) Industry: Software (Technology) , News Category: Future Plans
Jaihind Projects Ltd (www)
Resignation of Director - Jaihind Projects (531339) has informed BSE that Mr. Parimal Kirtikumar Vasavada has ceased to be a Director. More... (July 11, 2016) Industry: Construction Services (Capital Goods) , News Category: Board of Directors , MarketCap Group: MicroCap
Jasper Infotech Private Limited (www)
Snapdeal cuts marketing fee to lure sellers - Snapdeal is changing its policies for its over 3 lakh online sellers. More... (July 12, 2016) Industry: E-Commerce (Retailing) , News Category: Changes in Policy , Attribute: Indian Global Company
Karnimata Cold Storage Ltd (www)
Resignation of Director - Karnimata Cold Storage (537784) has appointed Ms. Chandni Gupta as the Company Secretary and the Compliance Officer of the Company. More... (July 11, 2016) Industry: Commercial Services (Services) , News Category: Board of Directors
Kesar Enterprises Ltd (www)
Outcome of Board Meeting - Kesar Enterprises Ltd (507180) has informed that the Board of Directors of the Company at its meeting. More... (July 11, 2016) Industry: Food/Beverages (Consumer Goods) , News Category: Annual General Meeting , MarketCap Group: MicroCap
L&T Infotech Ltd (www)
L&T Infotech subscribed 1.23 times on first day - L&T Infotech started on a good note with the issue subscribed 1.23 tmes till 5:00 pm, as per the data available with NSE. More... (July 11, 2016) Industry: Information & Communication Technology (Technology) , News Category: General , Attribute: Indian Global Company
Manash Lifestyle Pvt. Ltd. (www)
Purplle, Trak N Tell fund raise; Amin to buy Jyoti Structures; SIDBI startup investment - Purplle and Trak N Tell are raising funds, Amin Group is set to acquire Jyoti Structures. More... (July 11, 2016) Industry: Software (Technology) , News Category: Future Plans
Milkfood Ltd (www)
Changes in Directorship - Milkfood Ltd (507621) has informed that Mrs. Gita Bawa has been appointed
as an additional Director. More... (July 11, 2016) Industry: Food/Beverages (Consumer Goods) , News Category: Management Changes , MarketCap Group: SmallCap
Minaxi Textiles Ltd (www)
Appointment of Registrar & Transfer - Minaxi Textiles Ltd (531456) has informed that the company appointed M/s. Link Intime India Private Limite. More... (July 11, 2016) Industry: Textiles/Apparel/Personal Goods (Consumer Goods) , News Category: Management Changes , MarketCap Group: MicroCap
Morgan Ventures Ltd (www)
Cessation of Chief Financial Office - Morgan Ventures Ltd (526237) has informed that Mr. Sushil Kumar has resigned on June 29, 2016. More... (July 11, 2016) Industry: Diversified Financial Services (Financial Services) , News Category: General , MarketCap Group: MicroCap
Nila Infrastructures Ltd (www)
Nila Infra surges after receiving order from Ahmedabad Municipal Corp - Nila Infrastructures surged 3% to INR14.07. More... (July 11, 2016) Industry: Real Estate (Financial Services) , News Category: Changes in Shareholding , MarketCap Group: Mid-SmallCap
NMDC Ltd (www)
NMDC's iron ore production up 28% - NMDC (526371) reportedly said that its production was up by about 28% and sales have increased nearly 17 per cent in the April-June quarter of the current fiscal. More... (July 12, 2016) Industry: Metals (Materials) , News Category: Earnings , MarketCap Group: LargeCap , Attribute: Indian Global Company
One Mobikwik Systems Private Limited (www)
MobiKwik aiming to generate GMV of USD2bn, reaching 150mn users in next two years - MobiKwik aims to generate gross merchandise value (GMV) of USD2bn on the back of reaching 150mn users in about two years, up five times from its present customer base. More... (July 12, 2016) Industry: Software (Technology) , News Category: Future Plans
Patanjali Ayurveda Limited (www)
Patanjali plans legal action against 'ad regulator' ASCI - Patanjali Ayurveda is planning legal action against Advertising Standards Council of India, citing a Bombay High Court order that last year declined to recognise the body as a regulator. More... (July 12, 2016) Industry: Diversified (Consumer Goods) , News Category: Future Plans
Petronet LNG Ltd (www)
Petronet LNG plans USD3bn investment in overseas push - Petronet LNG (532522) aims to spend up to USD3bn in the next five years to expand overseas, setting up terminals in Bangladesh and Sri Lanka among other countries. More... (July 11, 2016) Industry: Trading/Distribution (Retailing) , News Category: Future Plans , MarketCap Group: Large-MidCap
Porsche India Pvt. Ltd. (www)
Porsche India to launch 718 Boxster - Porsche is all set to bolster its presence in India with an array of new launches. More... (July 11, 2016) Industry: Automotive (Capital Goods) , News Category: Future Plans , Attribute: Foreign Affiliated Indian Company
Quick Heal Technologies Limited (www)
Quick Heal Technologies Ltd - Intimation of capitalizing in wholly owned subsidiary - Quick Heal Technologies Ltd (539678) has remitted KSH 54,275,000 to its wholly owned subsidiary (WOS) i.e. Quick Heal Technologies Africa Limited towards capitalizing, pursuant to Board resolution dated May 11, 2016. More... (July 11, 2016) Industry: Software (Technology) , News Category: Capital Issues , Attribute: Indian Global Company
Reliance Jio Infocomm Limited (www)
Telecom stocks end 1.4% higher; Bharti Airtel, Reliance Communications gain - Reliance Jio would drive the data market along with Bharti Airtel in the future, said top brokerage firm CLSA in a published report, predicting that data revenues for telecom operators will double to USD11bn by 2017-2018. More... (July 11, 2016) Industry: Telecom (Technology) , News Category: General , Attribute: Indian Global Company
Rural Electrification Corporation Ltd (www)
REC, PFC developing debt products specifically for renewable energy sector - The renewable energy sector could soon have debt products-focussed specifically on the sector -to be developed by public sector units Rural Electrification Corporation (532955) and Power Finance Corporation. More... (July 11, 2016) Industry: Diversified Financial Services (Financial Services) , News Category: Long Term Debt/Loans , MarketCap Group: LargeCap
Sagar Ratna Restaurants Pvt. Ltd. (www)
Sagar Ratna chain of restaurants eyes east & west regions to tap growth - Sagar Ratna, a leading South Indian chain of restaurants, is now eyeing an expansion to the western and eastern markets, which will be funded through internal accruals and some growth capital. More... (July 11, 2016) Industry: Food/Beverages (Consumer Goods) , News Category: Future Plans
Sahara Group (www)
Supreme Court lets Sahara sell its assets to repay investors - The Supreme Court on allowed Sahara India to sell its properties in the country and abroad. More... (July 12, 2016) Industry: Diversified Financial Services (Financial Services) , News Category: General , Attribute: Indian Global Company
State Bank of India (www)
Delhi High Court quashes bank strike - In a big relief to State Bank of India (500112), the Delhi High Court has restrained nearly 45,000 employees of its five associate banks to go on a nationwide strike. More... (July 11, 2016) Industry: Banks (Financial Services) , News Category: Court Hearing (Litigation) , MarketCap Group: LargeCap , Attribute: Indian Global Company
State Bank Of Travancore (www)
SBT warns employees - State Bank of Travancore (532191) has warned employees that joining the proposed strike will amount to contempt of court. More... (July 11, 2016) Industry: Banks (Financial Services) , News Category: Employees Related News , MarketCap Group: MidCap
Sun Pharmaceutical Industries Limited (www)
Sun launches ready to administer chemotherapy drug - Sun Pharma (524715) said it has launched a ready-to-administer version of chemotherapy drug. More... (July 12, 2016) Industry: Pharmaceuticals (Healthcare) , News Category: New Products
Super Highway Labs Pvt. Ltd. (www)
Bus aggregator Shuttl takes the crowd-sourcing route - Shuttl has started crowd-sourcing to identify routes having high demand, and accordingly run buses. More... (July 11, 2016) Industry: Software (Technology) , News Category: Expansion/Diversification
Supermarket Grocery Supplies Pvt. Ltd (www)
BigBasket mulling to invest up to INR90cr for recruiting more farmers to its network - BigBasket plans to invest up to INR90cr to recruit hundreds more farmers to its network, beefing up its supply chain ahead of a potential entry of deep-pocketed global corporations More... (July 12, 2016) Industry: Software (Technology) , News Category: Future Plans
Tata Motors Ltd (www)
Tata Motors to conduct monsoon check-up camp - Tata Motors (500570) has announced the roll out of the nationwide free monsoon check-up camp for its passenger vehicle customers from July 15-21 across 533 workshops in 285 cities. More... (July 11, 2016) Industry: Automotive (Capital Goods) , News Category: General , MarketCap Group: LargeCap , Attribute: Indian Global Company
Tata Power Company Ltd (www)
Tata Power plans to raise INR3500cr - Tata Power (500400) has approved issuance in one or more tranches, of non-cumulative, redeemable, taxable, listed, rated securities in the form of non-convertible debentures. More... (July 12, 2016) Industry: Oil, Gas & Power (Energy) , News Category: Future Plans , MarketCap Group: LargeCap , Attribute: Indian Global Company
Trivitron Healthcare Pvt. Ltd. (www)
Trivitron buys 60% in Turkish firm for EUR5mn - Trivitron Healthcare has acquired 60 per cent stake in Bome Sanayi Urunleri Dis. Tic. Ltd, which has revenue of around INR50cr More... (July 11, 2016) Industry: Medical Devices (Healthcare) , News Category: Sale/Purchase of Company Stakes , Attribute: Indian Global Company
Vedanta Limited (www)
Vedanta moves court for Karnataka's iron ore export permit - With increasing iron ore stock in Karnataka, Vedanta has filed a writ petition in the high court, seeking permission to export. More... (July 12, 2016) Industry: Metal Mining (Materials) , News Category: Imports / Exports , MarketCap Group: LargeCap , Attribute: Foreign Affiliated Indian Company
VLCC Health care limited (www)
VLCC names Mr. Syed Safawi as its new MD - VLCC Health Care named Mr. Syed Safawi as its managing director and group chief executive officer. More... (July 12, 2016) Industry: Healthcare Services (Healthcare) , News Category: Management Changes , Attribute: Indian Global Company
Voltaire Leasing & Finance Ltd (www)
Updates on Subsidiary Company - Voltaire Leasing (509038) has informed that Subsidiary Company has successfully completed 4711 deliveries. More... (July 11, 2016) Industry: Diversified Financial Services (Financial Services) , News Category: General , MarketCap Group: MicroCap
Top
Section 2 - Foreign Company News in India: By Company Name
Airbus SAS , France (www)
Short-staffed tribunal further delays verdict on Airbus-banks case - The RBI's determined push against banks to recover dues from defaulters has been hobbled by the lack of staff at the DRAT hearing the case of lenders trying to recover over INR200cr of accrued interest from Airbus SAS More... (July 12, 2016) Industry: Airlines (Transportation) , News Category: Employees Related News , Attribute: Foreign Company Active in India
Endurance International Group Incorporation , United States (www)
Actis might exit Endurance Technologies; Rabo sells LT Foods shares - Endurance Technologies (EIGI) has re-filed its papers with capital markets regulator Securities and Exchange Board of India. More... (July 11, 2016) Industry: Information & Communication Technology (Technology) , News Category: General , Attribute: Foreign Company Active in India
Hennes & Mauritz AB , Sweden (www)
H&M to launch first two stores in Mumbai in August - Hennes and Mauritz (HMB) said it will launch its first two stores in Mumbai in August and a third store in the city by winter. More... (July 11, 2016) Industry: Wholeseler/Retailers (Retailing) , News Category: Future Plans , Attribute: Foreign Company Active in India
LafargeHolcim , Switzerland (www)
LafargeHolcim enters into agreement with Nirma for divestment of Lafarge India - LafargeHolcim (LHN) has entered into a letter agreement with Nirma Limited subject to approval by the CCI. More... (July 11, 2016) Industry: Construction Services (Capital Goods) , News Category: Contracts/Deals , Attribute: Foreign Company Active in India
Leshi Internet Information & Technology Corporation , China (www)
LeEco hires Qualcomm’s Jaiteerth Patwari to head R&D - LeEco (300104) has hired Mr. Jaiteerth Patwari from mobile processor supplier Qualcomm to head research and development at its online retail store LeMall. More... (July 11, 2016) Industry: Telecom (Technology) , News Category: Board of Directors , Attribute: Foreign Company Active in India
SirionLabs Inc , United States (www)
SirionLabs raises USD12.25mn in Series B funding - SirionLabs has raised USD12.25mn in Series B funding led by existing investor Sequoia India. More... (July 11, 2016) Industry: Software (Technology) , News Category: Capital Issues , Attribute: Foreign Company Active in India
Xiaomi Incorporation , China (www)
Xiaomi phones are now available in over 5,000 offline stores in India - Xiaomi announced its tie-up with Just Buy Live and Innocomm to expand its offline distribution network in India. More... (July 11, 2016) Industry: Telecom (Technology) , News Category: Contracts/Deals , Attribute: Foreign Company Active in India
Top
Section 3 - Company News: By Industry Group
CAPITAL GOODS
Artson Engineering Ltd (www)
Artson Engineering Ltd received a letter of intent for an order - Artson Engineering Ltd has received
a Letter of Intent for an order at estimated value of INR10.4cr for the scope of process piping and equipment erection for a Chemical Storage Terminal Project in Sharjah, UAE, where the Company is already executing Storage Tank construction works. More... (July 11, 2016) Industry: Industrial Engineering , News Category: Contracts/Deals , Market Cap Group: SmallCap , Attribute: Indian Global Company
Birla Precision Technologies Ltd (www)
Birla Precision Technologies Ltd - Resignation of Director - Birla Precision Technologies Ltd (522105) has informed that Mr. Mohandas Shenoy Adige, Independent Director of the Company has resigned from the Board of the company with effect from July 11, 2016. More... (July 11, 2016) Industry: Industrial Engineering , News Category: Board of Directors , Market Cap Group: MicroCap
Cera Sanitaryware Ltd (www)
Cera Sanitaryware Ltd - Credit Rating - Cera Sanitaryware Ltd (532443) has received a letter dated June 28, 2016 from CARE Ratings regarding Credit Rating for Bank Facilities of the company. More... (July 12, 2016) Industry: Construction Services , News Category: Ratings Changes , Market Cap Group: MidCap
Igarashi Motors India Ltd (www)
Mr. P Mukund to sell 10.35% stake in Igarashi Motors - Igarashi Motors India (517380) said one of its large shareholders will sell over 3.3mn shares amounting to 10.35%. More... (July 11, 2016) Industry: Automotive , News Category: Sale/Purchase of Company Stakes , Market Cap Group: Mid-SmallCap
Jaihind Projects Ltd (www)
Resignation of Director - Jaihind Projects (531339) has informed BSE that Mr. Parimal Kirtikumar Vasavada has ceased to be a Director. More... (July 11, 2016) Industry: Construction Services , News Category: Board of Directors , Market Cap Group: MicroCap
LafargeHolcim , Switzerland (www)
LafargeHolcim enters into agreement with Nirma for divestment of Lafarge India - LafargeHolcim (LHN) has entered into a letter agreement with Nirma Limited subject to approval by the CCI. More... (July 11, 2016) Industry: Construction Services , News Category: Contracts/Deals , Attribute: Foreign Company Active in India
Porsche India Pvt. Ltd. (www)
Porsche India to launch 718 Boxster - Porsche is all set to bolster its presence in India with an array of new launches. More... (July 11, 2016) Industry: Automotive , News Category: Future Plans , Attribute: Foreign Affiliated Indian Company
Tata Motors Ltd (www)
Tata Motors to conduct monsoon check-up camp - Tata Motors (500570) has announced the roll out of the nationwide free monsoon check-up camp for its passenger vehicle customers from July 15-21 across 533 workshops in 285 cities. More... (July 11, 2016) Industry: Automotive , News Category: General , Market Cap Group: LargeCap , Attribute: Indian Global Company
CONSUMER GOODS
Bombay Dyeing & Manufacturing Company Ltd (www)
Bombay Dyeing And Manufacturing Company Ltd - Appointment of Company Secretary & Compliance Officer - Bombay Dyeing & Manufacturing Company Ltd (500020) has informed that Mr.
Sanjive Arora has joined as the Company Secretary & Compliance Officer of the company More... (July 11, 2016) Industry: Textiles/Apparel/Personal Goods , News Category: Management Changes , Market Cap Group: Mid-SmallCap
Desai Brothers Ltd. (www)
Mother's Recipe looks to taste INR500cr turnover - Mother’s Recipe, a household name for pickles in India, has set out on a culinary trail of sorts, wanting to savour a robust turnover of INR500cr over the next three years. More... (July 12, 2016) Industry: Food/Beverages , News Category: Forecast
IFB Industries Limited (www)
IFB Industries acquires 51% stake in Trishan Metals - IFB Industries (505726) has announced that the Company participated in the Equity issue of 1,20,00,000 squity shares of Rs 10 each of Trishan Metals Pvt Ltd. More... (July 12, 2016) Industry: Textiles/Apparel/Personal Goods , News Category: Sale/Purchase of Company Stakes , Market Cap Group: Mid-SmallCap , Attribute: Indian Global Company
Kesar Enterprises Ltd (www)
Outcome of Board Meeting - Kesar Enterprises Ltd (507180) has informed that the Board of Directors of the Company at its meeting. More... (July 11, 2016) Industry: Food/Beverages , News Category: Annual General Meeting , Market Cap Group: MicroCap
Milkfood Ltd (www)
Changes in Directorship - Milkfood Ltd (507621) has informed that Mrs. Gita Bawa has been appointed as an additional Director. More... (July 11, 2016) Industry: Food/Beverages , News Category: Management Changes , Market Cap Group: SmallCap
Minaxi Textiles Ltd (www)
Appointment of Registrar & Transfer - Minaxi Textiles Ltd (531456) has informed that the company appointed M/s. Link Intime India Private Limite. More... (July 11, 2016) Industry: Textiles/Apparel/Personal Goods , News Category: Management Changes , Market Cap Group: MicroCap
Patanjali Ayurveda Limited (www)
Patanjali plans legal action against 'ad regulator' ASCI - Patanjali Ayurveda is planning legal action against Advertising Standards Council of India, citing a Bombay High Court order that last year declined to recognise the body as a regulator. More... (July 12, 2016) Industry: Diversified , News Category: Future Plans
Sagar Ratna Restaurants Pvt. Ltd. (www)
Sagar Ratna chain of restaurants eyes east & west regions to tap growth - Sagar Ratna, a leading South Indian chain of restaurants, is now eyeing an expansion to the western and eastern markets, which will be funded through internal accruals and some growth capital. More... (July 11, 2016) Industry: Food/Beverages , News Category: Future Plans
ENERGY
Bharat Petroleum Corporation Ltd (www)
Mr. D Rajkumar appointed CMD of BPCL; Mr. Utpal Bora to head Oil India - Technocrats Mr. D Rajkumar and Mr. Utpal Bora were appointed as chairman and managing director of BPCL (500547) and
Oil India Ltd, respectively More... (July 11, 2016) Industry: Oil, Gas & Power , News Category: Board of Directors , Market Cap Group: LargeCap
Coal India Ltd (www)
Coal India Ltd - Board approves Buyback of equity shares - Coal India Ltd (533278) has informed that the Board of Directors of the company has approved the buyback of not exceeding 10,89,55,223 equity shares of the company More... (July 12, 2016) Industry: Oil, Gas & Power , News Category: Changes in Shareholding , Market Cap Group: LargeCap , Attribute: Indian Global Company
Indian Oil Corporation Ltd (www)
Indian oil PSUs may hold 51% stake in Maharashtra refinery - Indian Oil Corp. Ltd (530965) Bharat Petroleum Corp. Ltd may jointly hold a 51 per cent stake in a large refinery. More... (July 11, 2016) Industry: Oil, Gas & Power , News Category: Sale/Purchase of Company Stakes , Market Cap Group: LargeCap , Attribute: Indian Global Company
Tata Power Company Ltd (www)
Tata Power plans to raise INR3500cr - Tata Power (500400) has approved issuance in one or more tranches, of non-cumulative, redeemable, taxable, listed, rated securities in the form of non-convertible debentures. More... (July 12, 2016) Industry: Oil, Gas & Power , News Category: Future Plans , Market Cap Group: LargeCap , Attribute: Indian Global Company
FINANCIAL SERVICES
Altico Capital India Pvt. Ltd. (www)
Altico Cap to invest INR180cr in Pharande Group - Altico Capital has closed a deal to invest INR180cr in Pune-based Pharande group. More... (July 11, 2016) Industry: Diversified Financial Services , News Category: Investments
Axis Bank Ltd (www)
Axis Bank Ltd - Allotment of equity shares under ESOP - AXIS Bank Ltd (532215) has allotted 17,100 equity shares of INR2 each on July 11, 2016, pursuant to exercise of options under its ESOP Scheme. More... (July 11, 2016) Industry: Banks , News Category: Changes in Shareholding , Market Cap Group: LargeCap , Attribute: Indian Global Company
Bazel International Ltd
Bazel International Ltd - Resignation of statutory auditors - Bazel International Ltd (539946) has informed that M/s Nishchay Khandelwal & Co. , Statutory Auditors of the company have resigned from the office of Statutory Auditors of the company due to some preoccupancy with effect from July 09, 2016. More... (July 11, 2016) Industry: Diversified Financial Services , News Category: Management Changes
Citibank India (www)
Citibank profit drops 6% in FY16 - Citibank India reported a 6% decline in net profit in the fiscal year ended March 2016 though net interest income increased 10%. More... (July 11, 2016) Industry: Diversified Financial Services , News Category: Earnings , Attribute: Foreign Affiliated Indian Company
Delta Industrial Resources Ltd (www)
Delta Industrial Resources Ltd - Outcome of Board Meeting - Delta Industrial Resources Ltd (539596)
has appointed Mr. Alok Nath Singh as a Company Secretary and Compliance Officer of the Company with immediate effect. More... (July 11, 2016) Industry: Diversified Financial Services , News Category: Management Changes
Edelweiss Financial Services Ltd. (www)
Edelweiss Financial Services Ltd - Updates - Edelweiss Financial Services Ltd (532922) has informed that IRDAI has accepted the registration application form IRDA /R1, for setting up a General Insurance Company in India, filed by Edelweiss General Insurance Company, a wholly owned subsidiary. More... (July 11, 2016) Industry: Diversified Financial Services , News Category: General , Market Cap Group: MidCap
Equitas Holdings Private Limited (www)
Intimation about Subsidiary Company - Equitas Holdings (539844) has informed BSE that the Rating Agency, CRISIL has upgraded the ratings for the debt programme of the Subsidiary Company, Equitas Finance Ltd. More... (July 11, 2016) Industry: Diversified Financial Services , News Category: Ratings Changes , Market Cap Group: MidCap
Housing Development Finance Corporation Ltd (www)
HDFC to issue Synthetic INR Notes to overseas investors, raise INR3,000cr - Housing Development Finance Corporation (500010) is planning to raise about INR3,000cr by issuing its first unrated Synthetic Indian Rupee Notes to overseas investors More... (July 11, 2016) Industry: Diversified Financial Services , News Category: Future Plans , Market Cap Group: LargeCap , Attribute: Indian Global Company
IFCI Ltd (www)
Revision in IFCI Benchmark Rate - IFCI (500106) has reduced its Benchmark Rate, "IFCI Benchmark Rate (IBR)" from 11.70% p.a. to 11.50% p.a. with monthly rests. More... (July 11, 2016) Industry: Diversified Financial Services , News Category: Ratings Changes , Market Cap Group: Large-MidCap
Morgan Ventures Ltd (www)
Cessation of Chief Financial Office - Morgan Ventures Ltd (526237) has informed that Mr. Sushil Kumar has resigned on June 29, 2016. More... (July 11, 2016) Industry: Diversified Financial Services , News Category: General , Market Cap Group: MicroCap
Nila Infrastructures Ltd (www)
Nila Infra surges after receiving order from Ahmedabad Municipal Corp - Nila Infrastructures surged 3% to INR14.07. More... (July 11, 2016) Industry: Real Estate , News Category: Changes in Shareholding , Market Cap Group: Mid-SmallCap
Rural Electrification Corporation Ltd (www)
REC, PFC developing debt products specifically for renewable energy sector - The renewable energy sector could soon have debt products-focussed specifically on the sector -to be developed by public sector units Rural Electrification Corporation (532955) and Power Finance Corporation. More... (July 11, 2016) Industry: Diversified Financial Services , News Category: Long Term Debt/Loans , Market Cap Group: LargeCap
Sahara Group (www)
Supreme Court lets Sahara sell its assets to repay investors - The Supreme Court on allowed Sahara India to sell its properties in the country and abroad. More... (July 12, 2016) Industry: Diversified Financial Services , News Category: General , Attribute: Indian Global Company
State Bank of India (www)
Delhi High Court quashes bank strike - In a big relief to State Bank of India (500112), the Delhi High Court has restrained nearly 45,000 employees of its five associate banks to go on a nationwide strike. More... (July 11, 2016) Industry: Banks , News Category: Court Hearing (Litigation) , Market Cap Group: LargeCap , Attribute: Indian Global Company
State Bank Of Travancore (www)
SBT warns employees - State Bank of Travancore (532191) has warned employees that joining the proposed strike will amount to contempt of court. More... (July 11, 2016) Industry: Banks , News Category: Employees Related News , Market Cap Group: MidCap
Voltaire Leasing & Finance Ltd (www)
Updates on Subsidiary Company - Voltaire Leasing (509038) has informed that Subsidiary Company has successfully completed 4711 deliveries. More... (July 11, 2016) Industry: Diversified Financial Services , News Category: General , Market Cap Group: MicroCap
HEALTHCARE
Apollo Hospitals Enterprise Ltd (www)
Apollo Hospitals signs MoU with Stanford University - Apollo Hospitals (508869) has signed a MoU with Stanford University for the SAATHI related to South Asians and Chronic Diseas More... (July 11, 2016) Industry: Healthcare Services , News Category: Contracts/Deals , Market Cap Group: Large-MidCap
Sun Pharmaceutical Industries Limited (www)
Sun launches ready to administer chemotherapy drug - Sun Pharma (524715) said it has launched a ready-to-administer version of chemotherapy drug. More... (July 12, 2016) Industry: Pharmaceuticals , News Category: New Products
Trivitron Healthcare Pvt. Ltd. (www)
Trivitron buys 60% in Turkish firm for EUR5mn - Trivitron Healthcare has acquired 60 per cent stake in Bome Sanayi Urunleri Dis. Tic. Ltd, which has revenue of around INR50cr More... (July 11, 2016) Industry: Medical Devices , News Category: Sale/Purchase of Company Stakes , Attribute: Indian Global Company
VLCC Health care limited (www)
VLCC names Mr. Syed Safawi as its new MD - VLCC Health Care named Mr. Syed Safawi as its managing director and group chief executive officer. More... (July 12, 2016) Industry: Healthcare Services , News Category: Management Changes , Attribute: Indian Global Company
MATERIALS
India Gelatine & Chemicals Ltd (www)
MoU with M/s. Link Intime India Private Limited - India Gelatine And Chemicals (531253) has entered into a MOU with M/s. Link Intime India Private Limited More... (July 11, 2016) Industry: Chemicals , News Category: Contracts/Deals , Market Cap Group: SmallCap
NMDC Ltd (www)
NMDC's iron ore production up 28% - NMDC (526371) reportedly said that its production was up by about 28% and sales have increased nearly 17 per cent in the April-June quarter of the current fiscal.
More... (July 12, 2016) Industry: Metals , News Category: Earnings , Market Cap Group: LargeCap , Attribute: Indian Global Company
Vedanta Limited (www)
Vedanta moves court for Karnataka's iron ore export permit - With increasing iron ore stock in Karnataka, Vedanta has filed a writ petition in the high court, seeking permission to export. More... (July 12, 2016) Industry: Metal Mining , News Category: Imports / Exports , Market Cap Group: LargeCap , Attribute: Foreign Affiliated Indian Company
RETAILING
Amazon Development Centre (India) Private Limited (www)
Amazon India crosses 1 lakh sellers on its platform - Amazon.in has crossed one lakh sellers on its platform during April-June quarter, witnessing a seller growth of over 250 per cent year-on-year. More... (July 11, 2016) Industry: E-Commerce , News Category: Increase/Decrease in Customers , Attribute: Foreign Affiliated Indian Company
Beeyu Overseas Ltd (www)
Beeyu Overseas Ltd - Resignation of company secretary - Beeyu Overseas Ltd (532645) has informed that Mr. Bhagwat Nayak, has resigned from the post of Company Secretary and Compliance officer of the company More... (July 11, 2016) Industry: Trading/Distribution , News Category: Management Changes , Market Cap Group: MicroCap
Eastern Gases Ltd (www)
Eastern Gases Ltd - Outcome of Board Meeting - Eastern Gases Ltd (590080) has appointed Mr. Manish Yadav, as an Additional Director (Non-Executive Director) on the Board of Director of the company with effect from July 11, 2016. More... (July 11, 2016) Industry: Trading/Distribution , News Category: Board of Directors , Market Cap Group: SmallCap
Future Retail Ltd (www)
Big Bazaar completes integration of Easyday stores - Bharti Retail’s hypermarket stores Easyday have now become Big Bazaar outlets as the Future Group (523574) has completed their integration following the merger agreement in May last year More... (July 11, 2016) Industry: Wholeseller/Retailers , News Category: Expansion/Diversification , Market Cap Group: Mid-SmallCap
Hennes & Mauritz AB , Sweden (www)
H&M to launch first two stores in Mumbai in August - Hennes and Mauritz (HMB) said it will launch its first two stores in Mumbai in August and a third store in the city by winter. More... (July 11, 2016) Industry: Wholeseler/Retailers , News Category: Future Plans , Attribute: Foreign Company Active in India
Jasper Infotech Private Limited (www)
Snapdeal cuts marketing fee to lure sellers - Snapdeal is changing its policies for its over 3 lakh online sellers. More... (July 12, 2016) Industry: E-Commerce , News Category: Changes in Policy , Attribute: Indian Global Company
Petronet LNG Ltd (www)
Petronet LNG plans USD3bn investment in overseas push - Petronet LNG (532522) aims to spend up to USD3bn in the next five years to expand overseas, setting up terminals in Bangladesh and Sri Lanka among other countries. More... (July 11, 2016)
Industry: Trading/Distribution , News Category: Future Plans , Market Cap Group: Large-MidCap
SERVICES
ANI Technologies Private Limited (www)
Ola launches e-rickshaw service in Lucknow - Ola announced launch of e-rickshaws on its mobile app in Lucknow. More... (July 11, 2016) Industry: Commercial Services , News Category: New Products , Attribute: Indian Global Company
Career Point Ltd (www)
Career Point Ltd receives first tranche of INR4.2cr from NSDC - Career Point Ltd (533260) has informed regarding Career Point receives first tranche of INR4.2cr from NSDC". More... (July 11, 2016) Industry: Commercial Services , News Category: Contracts/Deals
Cocoatrait (www)
Cocoashala partners with Capco, UK, for knowledge on chocolate platform - Cocoashala, part of Cocoatrait, which is an initiative to promote knowledge, production and consumption of fine chocolates in India, has partnered with Capco, one of the leading manufacturers of Materials Testing and Sample Preparation Equipment, from Ipswich, Suffolk, UK. More... (July 12, 2016) Industry: Commercial Services , News Category: Joint Ventures
Karnimata Cold Storage Ltd (www)
Resignation of Director - Karnimata Cold Storage (537784) has appointed Ms. Chandni Gupta as the Company Secretary and the Compliance Officer of the Company. More... (July 11, 2016) Industry: Commercial Services , News Category: Board of Directors
TECHNOLOGY
Aircel Ltd (www)
Maran brothers move bail plea in Aircel-Maxis deal - Former Telecom Minister Mr. Dayanidhi Maran, his brother Mr. Kalanithi Maran and four others appeared before a special court in pursuance of the summons issued to them in a Aircel-Maxis deal-related money laundering case and moved their bail pleas More... (July 11, 2016) Industry: Telecom , News Category: Court Hearing (Litigation)
Endurance International Group Incorporation , United States (www)
Actis might exit Endurance Technologies; Rabo sells LT Foods shares - Endurance Technologies (EIGI) has re-filed its papers with capital markets regulator Securities and Exchange Board of India. More... (July 11, 2016) Industry: Information & Communication Technology , News Category: General , Attribute: Foreign Company Active in India
Google India Pvt. Ltd. (www)
Google aims to train two million Indian developers on Android platform - Google unveiled Android Skilling and certification program to train and certify two million developers in India over the next three years. More... (July 11, 2016) Industry: Software , News Category: Future Plans , Attribute: Foreign Affiliated Indian Company
Innotarget Fashalot Retail Private Limited (www)
Fashion marketplace aggregator Fashalot to expand to more cities - Fashalot aims to bridge the gap
between offline retail outlets and shoppers with the help of technology. More... (July 11, 2016) Industry: Software , News Category: Future Plans
L&T Infotech Ltd (www)
L&T Infotech subscribed 1.23 times on first day - L&T Infotech started on a good note with the issue subscribed 1.23 tmes till 5:00 pm, as per the data available with NSE. More... (July 11, 2016) Industry: Information & Communication Technology , News Category: General , Attribute: Indian Global Company
Leshi Internet Information & Technology Corporation , China (www)
LeEco hires Qualcomm’s Jaiteerth Patwari to head R&D - LeEco (300104) has hired Mr. Jaiteerth Patwari from mobile processor supplier Qualcomm to head research and development at its online retail store LeMall. More... (July 11, 2016) Industry: Telecom , News Category: Board of Directors , Attribute: Foreign Company Active in India
Manash Lifestyle Pvt. Ltd. (www)
Purplle, Trak N Tell fund raise; Amin to buy Jyoti Structures; SIDBI startup investment - Purplle and Trak N Tell are raising funds, Amin Group is set to acquire Jyoti Structures. More... (July 11, 2016) Industry: Software , News Category: Future Plans
One Mobikwik Systems Private Limited (www)
MobiKwik aiming to generate GMV of USD2bn, reaching 150mn users in next two years - MobiKwik aims to generate gross merchandise value (GMV) of USD2bn on the back of reaching 150mn users in about two years, up five times from its present customer base. More... (July 12, 2016) Industry: Software , News Category: Future Plans
Quick Heal Technologies Limited (www)
Quick Heal Technologies Ltd - Intimation of capitalizing in wholly owned subsidiary - Quick Heal Technologies Ltd (539678) has remitted KSH 54,275,000 to its wholly owned subsidiary (WOS) i.e. Quick Heal Technologies Africa Limited towards capitalizing, pursuant to Board resolution dated May 11, 2016. More... (July 11, 2016) Industry: Software , News Category: Capital Issues , Attribute: Indian Global Company
Reliance Jio Infocomm Limited (www)
Telecom stocks end 1.4% higher; Bharti Airtel, Reliance Communications gain - Reliance Jio would drive the data market along with Bharti Airtel in the future, said top brokerage firm CLSA in a published report, predicting that data revenues for telecom operators will double to USD11bn by 2017-2018. More... (July 11, 2016) Industry: Telecom , News Category: General , Attribute: Indian Global Company
SirionLabs Inc , United States (www)
SirionLabs raises USD12.25mn in Series B funding - SirionLabs has raised USD12.25mn in Series B funding led by existing investor Sequoia India. More... (July 11, 2016) Industry: Software , News Category: Capital Issues , Attribute: Foreign Company Active in India
Super Highway Labs Pvt. Ltd. (www)
Bus aggregator Shuttl takes the crowd-sourcing route - Shuttl has started crowd-sourcing to identify routes having high demand, and accordingly run buses. More... (July 11, 2016) Industry: Software , News Category: Expansion/Diversification
Supermarket Grocery Supplies Pvt. Ltd (www)
BigBasket mulling to invest up to INR90cr for recruiting more farmers to its network - BigBasket
plans to invest up to INR90cr to recruit hundreds more farmers to its network, beefing up its supply chain ahead of a potential entry of deep-pocketed global corporations More... (July 12, 2016) Industry: Software , News Category: Future Plans
Xiaomi Incorporation , China (www)
Xiaomi phones are now available in over 5,000 offline stores in India - Xiaomi announced its tie-up with Just Buy Live and Innocomm to expand its offline distribution network in India. More... (July 11, 2016) Industry: Telecom , News Category: Contracts/Deals , Attribute: Foreign Company Active in India
TRANSPORTATION
Air India Limited (www)
Air India offers more flights - Air India will provide enhanced daily connectivity from Delhi to Allahabad, Dehra Dun and Jaipur. More... (July 11, 2016) Industry: Airlines , News Category: Expansion/Diversification , Attribute: Indian Global Company Civil Aviation Min reviews Air India performance - Civil Aviation Minister Mr. Ashok Gajapathi Raju reviewed the overall performance of Air India and discussed ways to increase the market share as well as to reduce its losses More... (July 11, 2016) Industry: Airlines , News Category: Guidelines/Outlines , Attribute: Indian Global Company
Airbus SAS , France (www)
Short-staffed tribunal further delays verdict on Airbus-banks case - The RBI's determined push against banks to recover dues from defaulters has been hobbled by the lack of staff at the DRAT hearing the case of lenders trying to recover over INR200cr of accrued interest from Airbus SAS More... (July 12, 2016) Industry: Airlines , News Category: Employees Related News , Attribute: Foreign Company Active in India
Go Airlines (India) Ltd. (www)
GoAir in talks with Airbus for A320neo planes - GoAir is in discussions with Airbus for its next big plane order, said three people in the know. More... (July 11, 2016) Industry: Airlines , News Category: Negotiation
Ibibo Group Private Limited (www)
redBus acquires majority stake in Peru's Busportal.pe - Ibibo Group-owned redBus has bought a majority stake in Busportal for an undisclosed amount, a move that will help the Indian entity foray into the Latin American market. More... (July 11, 2016) Industry: Air Freight & Logistics , News Category: Sale/Purchase of Company Stakes , Attribute: Indian Global Company
Top
Section 4: Industry News
CAPITAL GOODS
Automobile sales soar 10.7 per cent in June - Sales of passenger vehicles rose 2.68 per cent in June, with strong growth in the utility vehicle segment making up for a drop in car sales More... Categories: Industry - Automotive, News Category - Growth / Growth Rates 3-wheeler exports dip 46% after 10 yrs - The Indian three-wheeler industry, that has been clocking a 20 per cent growth in exports over the past decade, has now seen a reverse trend in the first quarter of this fiscal, when exports have dipped by 46.22 per cent. More...
Categories: Industry - Automotive, News Category - Growth / Growth Rates India to lend Kenya USD45mn to boost manufacturing sector - India will lend Kenya USD 45mn to help develop a textile factory and other smaller industries. More... Categories: Industry - Industrial Engineering, News Category - Future Plans
FINANCIAL SERVICES
Sovereign wealth funds' India holdings at a record high - An analysis of foreign portfolio investor data by investor category shows that their holdings in Indian debt. More... Categories: Industry - Diversified Financial Services, News Category - Long Term Debt/Loans
HEALTHCARE
In a big clean-up drive, government plans to scan 500 Indian drug facilities - The Indian drug regulator has flagged about 500 manufacturing plants for quality-related issues. More... Categories: Industry - Pharmaceuticals, News Category - Future Plans
TECHNOLOGY
All telcos fail in Trai's call drop test in Sikkim, Darjeeling - Exposing poor state of mobile services in Sikkim and Darjeeling, all telecom operators failed in the Trai's call drop test and also most of the calls could not be connected on their networks. More... Categories: Industry - Telecom, News Category - Research & Development
TRANSPORTATION
Government moots online system to ease cargo movement - The road transport and highways ministry is working on an IT-based plan to make cargo movement. More... Categories: Industry - Road & Rail, News Category - General Railways soon to start battery car service at major stations - All major railways stations across the country will soon have battery-operated cars to facilitate passengers. More... Categories: Industry - Road & Rail, News Category - Future Plans
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