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Goa Carbon to resume normal production at Goa Unit

Goa Carbon has completed the maintenance work at Goa Unit located at St. Jose de Areal, Salcete-Goa upon and the Kiln has been lit up from November 29, 2018. After preliminary heat up, feeding of raw material will commence and normal production is likely to resume from November 30, 2018. ... Read More »

JSW Steel gets nod for scheme of amalgamation

JSW Steel has received an approval from its board for scheme of amalgamation of Dolvi Minerals and Metals (DMMPL), Dolvi Coke Projects (DCPL), JSW Steel Processing Centres (JSPCL) and JSW Steel (Salav) (JSW Salav) with itself and their respective shareholders. DMMPL, JSPCL and JSW Salav are the wholly owned subsidiaries ... Read More »

HUDCO raises Rs 2050 crore through bonds

Housing and Urban Development Corporation (HUDCO) has raised funds of Rs 2050 crore through issue of Government of India fully serviced, unsecured, taxable HUDCO bonds series – II 2018 and the proceeds has been fully utilized for lending to Building Materials and Technology Promotion Council (BMTPC) an autonomous body of ... Read More »

ICICI Prudential Life Insurance partners with WhatsApp

ICICI Prudential Life Insurance Company (ICICIPRU) has partnered with WhatsApp to launch customer services and is the first insurance player in the country with a ‘business verified’ account. The WhatsApp service will be used only for customers that have registered with ICICIPRU and have given their consent to the service. ... Read More »

Bajaj Auto launches new Pulsar 150 Neon at Rs 64,998

Bajaj Auto has launched an upgraded version of its 150 cc bike Pulsar 150 Neon priced at Rs 64,998 (ex-showroom Delhi). The all new Pulsar 150 Neon 2019 collection comes with a sporty appeal, performance above the 100-110 CC offerings. The bike also comes with 14PS of power. Bajaj Auto ... Read More »

Orient Electric enters into strategic partnership with De’Longhi Group

Orient Electric has entered into a strategic partnership with De’Longhi Group, Italy. This partnership paves way for the entry of three international premium small appliances brands in India – De’Longhi, Kenwood and Braun. Orient Electric will have exclusive rights to market and sell these brands in India. Orient Electric has ... Read More »

Innovative Ideals proposes to form JV with Shine GoGlobal

Innovative Ideals and Services (India) has proposed to form a Joint Venture (JV) with Shine GoGlobal, which is Singapore based entity to capture Global Market. As per proposed shareholding pattern, the company will hold 70%, while Shine GoGlobal will hold remaining 30% in JV. Innovative Ideals and Services (India) started ... Read More »

Moody’s downgrades Yes Bank’s foreign currency issuer ratings

Moody’s Investors Service has downgraded Yes Bank’s foreign currency issuer ratings to ‘Ba1’ from ‘Baa3’. The outlook, where applicable, has been changed to negative from stable. At the same time, Moody’s has affirmed the bank’s counterparty risk assessment (CR Assessment) of Baa3 (cr)/P-3 (cr) and domestic and foreign currency counterparty ... Read More »