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Milestone Furniture completes contract of Rs 233 lakh

Milestone Furniture has successfully completed the contract of Rs 233 lakh for interior and office furniture with Sudarshan Pharma industries Group having its office at Borivali. Further, the company is having in discussion to obtain contract of Rs 275 lakh for providing facility at godown and sales office for their ... Read More »

Cords Cable becomes vendor with RDA

Cords Cable Industries is approved as a vendor with Raipur Development Authority (RDA), Chhattisgarh for supplying 1.1 KV grade of instrumentation cables, control cables and power cables. This approval is valid for a period of 3 years and it shall enable the company to offer its approved list of cables ... Read More »

Elecon Engineering plans to raise Rs 150 crore via NCDs

Elecon Engineering Company is planning to raise funds of upto Rs 150 crore through issuance of Non-Convertible Debentures (NCDs) on Private Placement basis. The Board of Directors of the Company at its meeting to be held on December 10, 2018 to consider the same. Elecon Engineering Company is engaged in ... Read More »

ICICI Bank planning to raise funds via private placement basis

ICICI Bank is planning to raise funds through issuance of senior unsecured long term bonds/Basel Ill compliant unsecured subordinated perpetual Additional Tier 1 bonds in single/multiple tranches on private placement basis. The Committee of Executive Directors of the bank at its meeting to be held on December 10, 2018 to ... Read More »

Bajaj Finance raises Rs 35 crore via NCDs

Bajaj Finance has raised funds through allotment of 350 Secured Redeemable Non-Convertible Debentures (NCDs) of face value of Rs 10 lakh each aggregating to Rs 35 crore. The Debenture Allotment Committee of the company at its meeting held on December 05, 2018 allotted the same. Bajaj Finance, the lending and ... Read More »

Avenue Supermarts raises Rs 100 crore via CP

Avenue Supermarts has raised fund through issuance of Commercial Paper (CP) worth Rs 100 crore. The company has issued the instrument on December 5, 2018. Avenue Supermarts is a Mumbai-based company, which owns and operates DMart stores. D-Mart is an emerging national supermarket chain that offers customers a range of ... Read More »

Sonata Software enters into agreement with Scalable Data Systems

Sonata Software has entered into a definitive agreement with Scalable Data Systems and its shareholder to acquire 100% stake in Scalable, an Australian Company. This acquisition will increase Sonata’s footprint as a Microsoft Dynamics 365 leader, making the combined entity a Digital Transformation partner of choice for customers in Retail, ... Read More »

Infosys inaugurates Technology and Innovation Hub in Hartford

Infosys has inaugurated its Technology and Innovation Hub in Hartford. The company has also hired more than 7,000 American workers in the last 18 months as part of its ongoing commitment to accelerate the pace of digital innovation for American enterprises. The Hartford Hub, located at 225 Asylum Street in ... Read More »

Trigyn Technologies’ arm inks $1.1 million strategic partnership with WhizAI

Trigyn Technologies’ wholly owned subsidiary — Trigyn Technologies, Inc. has entered into $1.1 million strategic partnership with New York based enterprise artificial intelligence startup WhizAI with participation from angel groups and existing investors. Whiz is a pre-trained AI-powered marketing and sales enablement platform for large enterprises. The company’s clients in ... Read More »