BUSINESS

Udaipur : Tata Power Solar, India’s largest solar energy company, and Tata Power’s wholly-owned subsidiary has launched its #PleadgeForSolar campaign today.This campaign encourages consumers to install the residential solar rooftop solutions and utilize the natural resource which is available in abundance. This significant initiative inspires to adopt sustainable resources for the energy requirements of the consumers. The campaign #PledgeForSolar was ... Read More »

Udaipur : Mankind Pharmaceuticals Ltd. and Glenmark Pharmaceuticals Ltd. today inked a sub-licensing agreement to co-market sodium glucose co-transporter-2 (SGLT2) inhibitor, Remogliflozin Etabonate (Remogliflozin) in India. Under the agreement, Mankind will market the drug under its own trademark while Glenmark will manufacture and supply Remogliflozin to Mankind. In April 2019, Glenmark received approval from the Drugs Controller General of India (DCGI) ... Read More »

Hon’ble Prime Minister Shri Narendra Modi had flagged off the maiden run of the Vande Bharat trainset on New Delhi -Varanasi route on 15th February 2019. The second such Train set service between New Delhi and Shri Mata Vaishnodevi Katra was flagged off by Hon’ble Home Minister Shri Amit Shah on 3rd October 2019. As part of the continuing initiative of Make in ... Read More »

In first of its kind initiative by South Central Railway, Hyderabad-New Delhi- Hyderabad Telangana Express, the iconic train that connects the State and the Nation’s Capital, has been wrapped with the colors of Singareni Collieries Company Limited (SCCL), the Government owned Coal producing giant of India and also a premier freight customer of the Railways. The Secunderabad Division of SCR ... Read More »

Usha Mangeshkar to be awarded with Hindustan Zinc Lifetime Achievement at Srajan the Spark’s musical night – ‘Jashn-E-Parwaz’  Culture and heritage form an integral part of the traditions across Rajasthan. And the City of Lakes in the state, Udaipur, is establishing itself to be the next cultural hub of our nation. To maintain and enrich this value, Srajan the Spark ... Read More »

Udaipur : HDFC ERGO General Insurance Company, India’s third largest non-life insurance provider in the private sector, has been authorized by the Government of Rajasthan to implement the Pradhan Mantri Fasal Bima Yojana (PMFBY) for loanee and non-loanee farmers in the districts of Bundi, Dungarpur, Jodhpur, Jaisalmer, Sikar, Tonk, Banswara, Bharatpur, Nagaur, Ajmer, Jalor, Kota, Sawai Madhopur, Jaipur, Pali, Paratapgarh, ... Read More »

Udaipur : HDFC Bank Ltd. has set up a Blood Storage Unit in Udaipur, Rajasthan.Set up in MaharanaBhupalGovtHospital, a prominent governmenthospital in Udaipur, the blood storage unit will help reduce the deficit of safe blood available for transfusion. The initiative is a part of #Parivartan, the Bank’s umbrella brand for all its social development programmes. HDFC Bank’s new Blood storage ... Read More »

Udaipur / Chittorgarh : Muthoot Housing Finance Company Limted (MHFCL), subsidiary of one of the largest NBFCs in India, Muthoot Fincorp Ltd. and the affordable housing finance company as part of the of Muthoot Pappachan Group (also known as Muthoot Blue), today announced that itis strenghtening its presence in Rajasthan. The company has opened 4more branches in 4 cities of ... Read More »

Udaipur : Aditya Birla Health Insurance Company Ltd. (ABHICL), the Health Insurance subsidiary of Aditya Birla Capital Limited, a significant non-bank financial services company, today announced its foray in the ‘City of Lakes’ by inaugurating its full-service branch in Udaipur.  ABHICL will leverage its new Branch to reach out to individuals and empower them with the increasing financial protection needs ... Read More »

Udaipur : Vedanta Limited has been conferred the “Best Organisation Contributing in Sports Through CSR” at the FICCI India Sports Awards 2019. The award, which was chosen by an eminent jury chaired by Justice Mukul Mudgal, recognized Vedanta’s efforts towards promoting and building an ecosystem around various sports in the country. Held at a glittering ceremony in the capital, Mr Annanya Agarwal, ... Read More »

Udaipur : HDFC Life Insurance Company, one of India’s leading life insurers has announced the launch of its latest product HDFC Life Sanchay Par Advantage, a non-linked, participating life insurance plan that provides a holistic solution to customers’ needs by generating a regular lifelong income and also providing protection for whole of life. HDFC Life Sanchay Par Advantage offers two ... Read More »

Udaipur : Sany, One of the largest equipment manufacturers in the world unveiled over twelve new products at Excon 2019, the largest construction equipment exhibition in South Asia. Organized by CII and supported by Indian Construction Equipment Manufacturers Association, Excon attracts over 1250 exhibitors from India and abroad. This mega trade fair which is a confluence of business minds, policy ... Read More »

In a written reply to a question in Lok Sabha today the Minister of State for Shipping (I/C) and Chemical & Fertilizers Shri Mansukh Mandaviya informed that to promote shipbuilding in Indian shipyards, the Government of India has on December 9, 2015 approved New Shipbuilding Financial Assistance policy for Indian shipyards for shipbuilding contracts signed during a ten year period, ... Read More »

In a written reply to a question in Lok Sabha today the Minister of State for Shipping (I/C) and Chemical & Fertilizers Shri Mansukh Mandaviya informed that the Government of India has undertaken 55 rail projects worth Rs. 45883.2 crore and 15 projects worth Rs. 2899 Crore for enhancing port connectivity at various Major and Minor ports. Shri Mandaviya informed ... Read More »

The Group of Secretaries (GoS) comprising Secretary, Textiles, Commerce, Financial Services, Chemicals & Petrochemicals and Revenue has done the assessment for the growth of Man Made Fibre (MMF) sector and entire value chain. The recommendations of GoS are as under: The Group of Secretaries noted the decision of the GST Council to allow input tax credit at MMF fabric stage. While ... Read More »

As per RBI data credit exposure to the textiles sector increased to Rs. 203549 crores during March 2019 from Rs. 196818 crores during October 2018 which declined to Rs. 187677 crores during October 2019. Bank credit record 8.4% year on year growth (October 2019/October 2018) for Jute Sector, 9.5% year on year growth for Man Made Textiles (MMT) and 2.1% ... Read More »

BEML is currently trading at Rs. 992.60, up by 7.50 points or 0.76% from its previous closing of Rs. 985.10 on the BSE. The scrip opened at Rs. 991.95 and has touched a high and low of Rs. 995.00 and Rs. 987.70 respectively. So far 1045 shares were traded on the counter. The BSE group ‘A’ stock of face value ... Read More »

Tata Motors Group’s global wholesales in November 2019, including Jaguar Land Rover, were at 89,671 nos, lower by 15%, as compared to November 2018. Global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in November 2019 were at 31 ,030 nos, lower by 19%, over November 2018. Global wholesales of all passenger vehicles in November 2019 were ... Read More »

Abu Dhabi National Oil Company (ADNOC) has signed a Framework Agreement with Reliance Industries (RIL) to explore development of an Ethylene Dichloride facility in Ruwais. Under the terms of the agreement, ADNOC and RIL will evaluate the potential creation of a facility that manufactures EDC adjacent to ADNOC’s integrated refining and petrochemical site in Ruwais, Abu Dhabi and strengthen the ... Read More »

KDDL’s subsidiary — Ethos has launched two new stores at World Trade Park, Jaipur. The stores are located at Unit no. W1 and Unit no. W2, JLN Marg, Malviya Nagar, Jaipur in the state of Rajasthan. The area of the above store is 487.2 sq. ft. The aforesaid is an Omega Boutique. The total number of stores as on date ... Read More »

Alembic Pharmaceuticals is currently trading at Rs. 554.00, up by 28.45 points or 5.41% from its previous closing of Rs. 525.55 on the BSE. The scrip opened at Rs. 526.00 and has touched a high and low of Rs. 561.35 and Rs. 526.00 respectively. So far 6370 shares were traded on the counter. The BSE group ‘A’ stock of face ... Read More »

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the Memorandum of Understanding (MoU) for capacity building and strengthening the accounting, financial and audit knowledge base in Kuwait. Benefits: The MoU entails that two entities of India and Kuwait which are: Institute of Chartered Accountants of India (ICAI) and Kuwait Accountants and Auditors Association (KAAA) will ... Read More »

The US markets eked out modest gains on Wednesday after traders digested the latest batch of earnings news from big-name companies like Boeing (BA) and Caterpillar (CAT). Boeing and Caterpillar both reported weaker than expected third quarter earnings, with Caterpillar also cutting its full-year outlook due to weak demand for construction and mining equipment. Disappointing guidance from Texas Instruments (TXN) ... Read More »

The US markets ended choppy trading session slightly in red on Tuesday as traders seemed reluctant to make significant moves ahead of the Federal Reserve’s highly anticipated monetary policy announcement on Wednesday. Traders took a wait-and-see approach even though the Fed is widely expected to cut interest rates by another quarter point. Some pessimism came amid report suggesting a phase ... Read More »

Udaipur : Staying true to its motto of ‘Business Can Be Simple’ and recognizing the dynamic shifts in the business environment, Canon India, one of the leading digital imaging company, announced the launch of its new ‘Business Imaging Solutions’ (BIS) lounge in Udaipur. The new BIS lounge in Udaipur in association with Canon Authorized Partner, Prince Enterprise was inaugurated with an objective ... Read More »

Mumbai : Tata Consultancy Services (TCS) has partnered with Google Cloud to build industry-specific cloud solutions that will help organizations accelerate their digital transformation and leverage data-driven insights that power superior customer experiences. The company offers a differentiated set of cloud enablement services on Google Cloud Platform (GCP), applying the Machine-First Delivery Model across advisory, design and build, migration, platform ... Read More »

New Delhi :  Paytm has launched its first credit card “Paytm First Card” in association with Citibank. With this, it was said in a statement that customers can apply for this credit card through Paytm App. It further said that they would also get promo codes of Rs. 10000 for the minimum spending of Rs. 10000 for the first four ... Read More »

AU Small Finance Bank is currently trading at Rs. 668.75, up by 11.00 points or 1.67% from its previous closing of Rs. 657.75 on the BSE. The scrip opened at Rs. 660.00 and has touched a high and low of Rs. 672.80 and Rs. 659.20 respectively. So far 4083 shares were traded on the counter. The BSE group ‘A’ stock ... Read More »

Dish TV India is currently trading at Rs. 22.80, up by 0.45 points or 2.01% from its previous closing of Rs. 22.35 on the BSE. The scrip opened at Rs. 22.35 and has touched a high and low of Rs. 23.10 and Rs. 21.70 respectively. So far 1016862 shares were traded on the counter. The BSE group ‘A’ stock of ... Read More »

Udaipur : Flipkart, India’s leading e-commerce marketplace, is making the upcoming festive season even more enjoyable for shoppers by unveiling a wide range of special products as part of the Big Billion Days Specials. Flipkart has partnered with 40 popular brands and co-created product offerings across categories like fashion, electronics, mobile, furniture, and more, guaranteeing something special for every shopper. ... Read More »

Reliance Industries is currently trading at Rs. 1363.00, up by 5.35 points or 0.39% from its previous closing of Rs. 1357.65 on the BSE. The scrip opened at Rs. 1363.50 and has touched a high and low of Rs. 1365.00 and Rs. 1355.00 respectively. So far 38476 shares were traded on the counter. The BSE group ‘A’ stock of face ... Read More »

OnMobile Global has entered into partnership with Bharti Airtel to launch a Diwali gaming solution for Airtel Thanks app users. It will be part of the Airtel Diwali Mahotsava during this festive season and will go live from October 20, 2019 until November 3, 2019. The gaming solution consists of engaging games like Tombola, Spin the Wheel, daily triviabased quizzes ... Read More »

It is quite surprising as how the plastic bottles and broken plastic that we throw in our dustbins becomes part of recycling process and ultimately comes back to us in the shape and form of a finished product. Something that we throw as part of waste becomes means of livelihood for others, or is it that, someone is collecting these ... Read More »

Vivimed Labs’ API manufacturing facility located in Cuernavaca, Mexico has been inspected by the US Food and Drug Administration (USFDA). The inspection was successful and company obtained Establishment Inspection Report (EIR). This was a routine inspection by the USFDA. Vivimed Labs is engaged in providing specialty chemicals and pharmaceuticals products. The company offers products for oral care, sun care, skin ... Read More »

Wipro’s acquired entity — Appirio, has launched a new office in Porto, Portugal to expand its European operations and meet growing business requirements in the region. The new Porto office houses a Commerce Cloud Digital Centre of Excellence, a Delivery Center and an Innovation Hub. The new office will hire local talent both laterally and from universities, for delivery roles ... Read More »

United States Food and Drug Administration (USFDA) has conducted a pre-approval inspection of Biocon’s new Oral Solid Dosage Forms manufacturing facility at Bengaluru from November 05 to 09. The audit concluded without any observations and no Form 483 was issued. Biocon is India’s largest and Asia’s leading Biotechnology Company with a strategic focus on biopharmaceuticals and research services. It is ... Read More »

Mumbai : Ashok Leyland is aiming to set up more assembly plants overseas, including the CIS region and African countries, as part of plans to scale up its global operations. The company is banking on its new range of medium and heavy commercial vehicles (M&HCV) and light commercial vehicles (LCVs) to help it enter new regions beyond its traditional stronghold ... Read More »

Expressing optimism over growth of India’s economy, the minister of Railways, Commerce and Industry Piyush Goyal has said the country’s service sector can help achieve the Central government’s target of $5 trillion Gross Domestic Product (GDP). He said the service sector has the potential to be the largest job creators in the country and over the next five years it ... Read More »

Fitch group firm India Ratings and Research (Ind-Ra) has said Indian economy may have slowed to 4.7% in second quarter of current financial year (Q2FY20). The 4.7% projection for the second quarter of the current fiscal would mark six consecutive quarters of slowing growth. The Indian economy expanded 5% in April-June, its slowest annual pace since 2013. This comes despite ... Read More »

Talking about the economic situation of India, Finance Minister Nirmala Sitharaman has said that the growth may have slowed down but the economy will never slip into recession. She added that steps taken by the government post her maiden budget have started bearing fruits and some sectors such as automobiles have shown signs of recovery. Allaying concerns over revenue position ... Read More »

Finance Minister Nirmala Sitharaman has said the problems in the automobile sector are essentially derived because of the Supreme Court’s (SC) order to upgrade to Bharat Stage (BS) VI emission standards, thus resulting in churn in the sector. She said the auto sector is among the industries that are facing headwinds but have responded to the challenges. The minister further ... Read More »

APL Apollo Tubes is currently trading at Rs. 1568.90, up by 4.50 points or 0.29% from its previous closing of Rs. 1564.40 on the BSE. The scrip opened at Rs. 1568.90 and has touched a high and low of Rs. 1568.90 and Rs. 1563.00 respectively. The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week ... Read More »

Ashok Leyland is currently trading at Rs. 79.45, up by 0.35 points or 0.44% from its previous closing of Rs. 79.10 on the BSE. The scrip opened at Rs. 79.10 and has touched a high and low of Rs. 79.65 and Rs. 77.55 respectively. So far 1143438 shares were traded on the counter. The BSE group ‘A’ stock of face ... Read More »

Muthoot Capital Services is currently trading at Rs. 482.35, up by 12.75 points or 2.72% from its previous closing of Rs. 469.60 on the BSE. The scrip opened at Rs. 479.50 and has touched a high and low of Rs. 482.35 and Rs. 478.00 respectively. The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week ... Read More »

New Delhi : Unique Identification Authority of India (UIDAI) has operationalised 21 Aadhaar Seva Kendras (ASK) as part of its plan to open 114 stand-alone Aadhaar enrolment & update centres across the country. These are in addition to 35000 Aadhaar enrolment centers run by Banks, Post Offices and State Governments. These centres have a capacity to handle up to 1,000 ... Read More »

Cellular Operators Association of India (COAI) Director-General Rajan Mathews has said that hike in the price of mobile calls and internet rates by the telecom operators is beneficial for customers, will boost government revenue collection and help in generating jobs by improving financial health of the sector. From customers’ perspective, he said these tariffs will enable operators to do required ... Read More »

MMTC is currently trading at Rs. 17.90, up by 0.25 points or 1.42% from its previous closing of Rs. 17.65 on the BSE. The scrip opened at Rs. 17.95 and has touched a high and low of Rs. 18.00 and Rs. 17.70 respectively. So far 13453 shares were traded on the counter. The BSE group ‘A’ stock of face value ... Read More »

Udaipur : Glenmark Pharmaceuticals Ltd (Glenmark), a research-led global integrated pharmaceutical company, today announced the launch of its novel,patent protected and globally-researched sodium glucose co-transporter (SGLT2)inhibitor Remogliflozinetabonate (Remogliflozin) in India. The drug is indicated in the treatment of type-2 diabetes mellitus in adults. SGLT2 inhibitors are novel anti-diabetic drugs that help achieve glycemic control by acting on the SGLT2 receptors ... Read More »

Human beings have three basic needs which are food, water and shelter in order to survive on planet earth. Out of these, water is the most important resource. It is treated as an elixir of life which sustains every living thing on the planet. Water as a resource is available from a number of sources like river, lakes, streams and ... Read More »

Udaipur : Mankind Pharma, a Rs 5,600 crore pharmaceutical company, has launched a Dydrogesterone-containing drug, for treatment of pregnancy-related complications. Mankind Pharma becomes the first Indian and second global company to develop the drug and make it available at an affordable price. Progesterone is a natural hormone involved in the menstrual cycle, implantation, and in successful maintenance of pregnancy. Any ... Read More »