The price of spot power in India registered a decrease this month compared to the same month last year as parts of the country experienced a late start to the summer season. The average price of power sold via Indian Energy Exchange (IEX) was at Rs 3.12 per unit, decline of 22% over Rs 4.08 […]
Bennett, Coleman & Co, also known as Times Group, has emerged as the most successful provider in the English movie segment in the aftermath of new TRAI tariff order, upsetting the calculations of well established players like Star India and Zee Entertainment. According to data for the last week of March from Chrome Data Analytics […]
IT firm Tata Consultancy Services (TCS) said that it has deployed its core banking product TCS BaNCS at ChinaTrust Commercial Bank (CTBC) in Taiwan. BaNCS is TCS’ main product for banks, and offers various solutions for core banking, internet banking, treasury, wealth management, mobile banking and insurance. “We chose TCS BaNCS as our preferred solution […]
The wait is finally over, and Naga Chaitanya’s most-anticipated movie ‘Majili’ hit the screens n April 5, 2019. Interestingly, this film features Naga Chaitanya’s real-life better half Samantha Akkineni playing the role of his love interest. The film is directed by Shiva Nirvana, and it features an ensemble star cast including Divyansha Kaushik, Rao Ramesh, Posani […]
After the mammoth success of ‘Amar Akbar Anthony’, and ‘Kattappanayile Hrithik Roshan’, director Nadirshah is back with his new movie ‘Mera Naam Shaji’ that features Asif Ali, Biju Menon, and Baiju in lead roles. The film hit the theaters all across Kerala on April 05, 2019. As per recent reports, the film is getting positive […]
Software company Zensar Technologies, part of the RPG Group, announced the launch of operations in Mexico. The new center will focus on supporting the company’s customers in both Mexico and North America, said Zensar “Our Mexico operations will support some of our key customers in North America and Mexico across varied digital technologies. There will […]
Vodafone’s cellular network in Mumbai was down for several hours today in many parts of the city, according to reports from affected customers. “It looks like the problem has affected people between Ghatkopar to Thane,” said a Vodafone customer from Ghatkopar. “At least, that’s what I can tell from reports on the WhatsApp groups I […]
Mohanlal’s new movie ‘Lucifer’ that hit the theaters on March 28 has already emerged as a blockbuster at the box-office, and within seven days, the movie has grossed more than 85 crores worldwide. One of the major highlights of the movie is the spectacular action scenes choreographed by Stunt Silva. However, in a recent talk […]
Infrastructure major Larsen and Toubro (L&T) said its hydrocarbon engineering business has received orders worth over Rs 1,000 crore across various segments. The Modular Fabrication business has secured a contract for process and piperack modules for a process plant, which includes procurement, fabrication, pre-commissioning and load-out of the modules, it said. The contract shall be […]
IT firm Tata Consultancy Services (TCS) said that it has deployed core banking software TCS BaNCS at National Bank of Bahrain (NBB). BaNCS is TCS’ main product for banks, and offers various solutions for core banking, internet banking, treasury, wealth management, mobile banking and insurance. BaNCS will standardise and streamline NBB’s operations across multiple countries, […]
GMR Hyderabad International Airport, a subsidiary of GMR Ltd, said that it has raised $300 million by issuing bonds to international investors to fund the expansion of Rajiv Gandhi International Airport at Hyderabad. The company wants to increase the passenger capacity of the airport to 34 million passengers per annum from 25 million now. GHAIL […]
Reliance Industries said it has agreed to acquire 87% of Mumbai-based artificial intelligence company Haptik Infotech for Rs 700 cr, including an initial payment of Rs 230 cr. Reliance Industries said the technology will be used to bring artificial intelligence-based offerings on Reliance Jio, the telecom and digital arm of the group. “This strategic investment […]
Raymond Ltd is venturing into the real estate business with 3,000 unit project in Thane, Maharashtra, the Indian textile and branded apparel company said. Raymond Realty will build 3,000 units in the first phase of the project over a period of five years and generate potential revenues of over ₹3500 crore, the company said. The […]
Two-wheeler maker TVS Motors on Wednesday said it has sold 1 lakh units of TVS Radeon within seven months of the launch of the 110cc commuter motorcycle, or close to 15,000 motorcycles per month. The bike, a potential rival to Hero Splendor and Honda Yuga, was launched in August at a starting price of Rs […]
Pharma major Lupin said that the inspection of the US Food and Drug Administration (USFDA) at its bioresearch facility in Pune has concluded without any observation. Conclusion of an inspection without any observation indicates that the facility was found to be up to the standards expected by the FDA. This is also the fifth time […]
Mangalore-headquartered Karnataka Bank on Tuesday said it has agreed to distribute insurance products from Bharti Axa General Insurance Ltd. The private sector bank will provide a wide range of life insurance products of Bharti Axa Insurance to its customers across all its 836 branches. “The partnership is an important part of our growth strategy, which […]
IT firm Tata Consultancy Services (TCS) reported it has deployed core banking software TCS BaNCS at China-headquartered commercial bank Harbin. BaNCS is TCS’ main product for banks, and offers various solutions for core banking, internet banking, treasury, wealth management, mobile banking and insurance. The TCS BaNCS solution is now being used for deposits, cards, channels, […]
Pharmaceutical manufacturer Zydus Cadila said that it has received tentative approval from the US Food and Drug Administration for sales of mirabegron extended-release tablets. A tentative approval means that the company has to wait for all patent and other protections to expire before starting the sale of the drug. The tablets, currently sold under the […]
Pharma major Lupin said that the United States Food and Drug Administration has given it an Establishment Inspection Report (EIR) for its Pithampur facility, which was slapped with five observations in an inspection in October. The receipt of an EIR is considered good news as it means that the company can now use the facility […]
Infrastructure major Larsen and Toubro (L&T) on Tuesday said that its power transmission and distribution business has received orders worth over Rs 2,500 crore from India, the Middle East and the ASEAN region. In India, the company received orders for laying underground cable in certain unnamed industrial areas and towns to improve the reliability of […]
