Bosch aims to mop up one-third revenue of 2-wheeler segment from Indian market
Bosch is aiming to mop up one-third revenue of 2-wheeler segment from the Indian market and expect it to be by 2022. Globally, the company…
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SBI links savings deposits rates, short-term loans to RBI’s repo rate
State Bank of India (SBI) has linked its savings deposits rates and short-term loans to the Reserve Bank of India’s (RBI) repo rate. The new…
Balkrishna Industries working on Rs 2,000 crore expansion plan in India
Balkrishna Industries is working on a Rs 2,000 crore expansion plan in India to meet the increasing demand of its products globally. The company is…
DLF to raise over Rs 3,000 via QIP
DLF is planning to raise an estimated Rs 3,000 crore through the sale of equity shares to qualified institutional investors (QIP). The company is looking…
USFDA concludes inspection at Unichem Laboratories’ Ghaziabad facility
United States Food and Drug Administration (USFDA) has successfully concluded the inspection at Unichem Laboratories’ Ghaziabad facility. The regulator had conducted inspection at the company’s…
Magma Fincorp expects 20% growth in disbursals at end of current financial year
Magma Fincorp is expecting 20 percent growth in disbursals at the end of the current financial year, as it comes out of the liquidity crunch…
TCS launches new version of MRT platform
Tata Consultancy Services (TCS) has launched a new version of the Metadata Registry and Transformation (MRT) Platform that helps life sciences companies streamline their clinical…
Jet Airways grounds 2 more aircraft, almost 20% of aircraft out of operations
Jet Airways has grounded two more of its aircraft due to non-payment of lease rentals, taking the total number of planes on ground to 23.…
RBI imposes penalty of Rs 3 crore on Union Bank of India
Reserve Bank of India (RBI) has imposed a penalty of Rs 3 crore on Union Bank of India for delay in adherence to its directives…
NTPC to acquire stressed power projects under insolvency proceedings in NCLT
Mumbai : NTPC has decided to acquire the stressed power projects undergoing insolvency proceedings in the National Company Law Tribunal (NCLT), in a bid to…