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Author Archives: chundawat

PM Modi launches development projects in Solapur

Prime Minister Narendra Modi has said, it is his government’s endeavour to ensure that every poor person, irrespective of caste or creed gets to lead a life of dignity, and gets access to all possible opportunities. Addressing a gathering at Solapur in Maharashtra today, he said, the Centre is committed ... Read More »

Subex launches new brand ‘CrunchMetrics’

Subex has launched a new brand, CrunchMetrics, an advanced anomaly detection system designed to help organizations discover business opportunities and mitigate risks in real-time. It leverages the combined power of statistics, Artificial Intelligence (AI) and Machine Learning (ML) to sift through data and identify anomalies that are a representation of ... Read More »

ICRA reaffirms ratings assigned to Sasken Technologies

Credit rating agency, ICRA has reaffirmed rating assigned to Sasken Technologies’ Fund Based instrument worth Rs 50 crore at ‘A1+’. The rating agency has also reaffirmed rating of the Non Based Fund instrument worth Rs 40 crore at ‘A1+’. Sasken Technologies offers a range of services in areas of research ... Read More »

NHPC restores Dulhasti Power Station

NHPC has restored Dulhasti Power Station on January 08, 2019. Unit 1 & Unit 2 of Dulhasti Power Station have started generation at a capacity of 256 MW, while Unit 3 is under shutdown due to annual maintenance work. NHPC is engaged in electric power generation by hydroelectric power plants. ... Read More »

Tera Software bags order worth Rs 324.89 crore from APSFL

Tera Software has bagged a work order worth of Rs 324.89 crore from Andhra Pradesh State FiberNet (APSFL) and the company has signed an agreement with APSFL to act as Project Implementation Agency for BharatNet Phase-II works to establish Optical Fibre Grid Network (Supply, installation and Commissioning) in 3394 Gram ... Read More »

IFCI revises Benchmark Rate

IFCI has revised its Benchmark Rate with effective from January 09, 2019. IFCI Benchmark Rate (IBR) for Long Term Loans has been revised from 10.60% p.a. to 10.75% p.a., with monthly rests. The IFCI Short-Term Benchmark Rate (IBR-ST) for Short Term Loans continues to remain unchanged at 9.20% p.a. with ... Read More »

Maruti Suzuki reports 12% fall in December production

Maruti Suzuki India has reported 12% fall in its production to 107,478 vehicles in December 2018, as compared to 122,096 vehicles in December 2017. Of total, the company manufactured 28,406 vehicles under mini segment (including Alto, Wagon R) in December 2018, as against 32,443 units manufactured in corresponding month previous ... Read More »

Parnami Credits planning to raise funds via NCDs

Parnami Credits is planning to issue of Non-Convertible Debentures (NCDs) through Private Placement basis. The meeting of the Board of Directors of the company will be held on January 11, 2019, to consider the same. The company is engaged in providing short term, medium term, long term loan to small ... Read More »