Liquor industry body urges Bihar govt to lift prohibition

New Delhi, Dec 6 (UNI) The Confederation of Indian Alcoholic Beverage Companies (CIABC) has urged the Bihar government to end liquor ban in the state claiming that the move would boost state economy, end unlawful trade of poor quality alcohol, and....

Scania partners with PPS Motors to strengthen in mining sector

Hyderabad, Dec 6 (UNI) Scania Commercial Vehicles Private Limited on Wednesday announced its exclusive partnership with Hyderabad-based PPS Motors, designating them as the sole representative for Scania's mining tippers in India.
This....

Waters Corporation opens $16M GCC in Bengaluru

Bengaluru, Dec 6 (UNI) Waters Corporation inaugurated its $16M new Global Capability Center (GCC), a strategic investment to accelerate technology adoption, innovation, digital transformation, and business efficiencies through a concentrated hub of....

Sensex closes at 69,653.73 pts

Mumbai, Dec 6 (UNI) Extending rally for the third straight session on Wednesday, the BSE Sensex ended at a new peak at 69,653.73, up 357.59 pts following gains in Power, Utilities, Oil and Gas and IT stocks.
The National Stock Exchange (NSE)....

UST recognized by Business Culture Awards for fourth Consecutive Year

Thiruvananthapuram, Dec 6 (UNI) UST, a leading digital transformation solutions company, was recognised for the fourth consecutive year at the prestigious 2023 Business Culture Awards (BCA), winning recognition for its commitment to fostering a....

Sensex up over 200 points

Mumbai, Dec 6 (UNI) Extending rally for the third straight session on Wednesday, the BSE Sensex went up 287.98 points at 69,584.12, a lifetime high in the opening session, as buying was witnessed in Oil and Gas, Power, IT and Energy stocks.see more..

Ambuja Cements completes acquisition of Sanghi Industries, at Rs 5,185 cr

Hyderabad/Ahmedabad, Dec 5 (UNI) Ambuja Cements Limited (ACL),a part of the Adani Group, on Tuesday announced the successful completion of the acquisition of Sanghi Industries Limited (SIL), at an Enterprise value of Rs 5,185 crore .
This....

Hyderabad, Dec 5 (UNI) Graphite India Limited, one of the largest producers of graphite electrodes globally, on Tuesday announced it has entered into a definitive transaction with a cash consideration of Rs. 50 Crores for an investment in Compulsory....

NLCIL starts bio mass co-firing at its power station in Tuticorin

New Delhi, Dec 5 (UNI) In a move that would reduce coal consumption, NLC India Ltd (NLCIL) on Tuesday started bio-mass co-firing at its coal-based thermal power station NLC Tamilnadu Power Ltd (NTPL) in Tuticorin.
Inaugurating the operation of....

FedEx invests USD 100 million to foster job growth & innovation in Hyderabad's Tech Hub

Hyderabad, Dec 5 (UNI) FedEx Express (FedEx), a subsidiary of FedEx Corp. and one of the world’s largest express transportation companies, on Tuesday announced it has inaugurated its first Advanced Capability Community (ACC) in Hyderabad.
At....

Ambuja Cements completes acquisition of Sanghi Industries

New Delhi, Dec 5 (UNI) Adani group firm Ambuja Cements on Tuesday said that it has successfully completed the acquisition of Sanghi Industries Limited (SIL).
"This strategic acquisition, valued at an enterprise value of Rs 5,185 crores, enhances....

LIC emerges as 4th largest global life insurer in world ranking

Kochi, Dec 5 (UNI) Life Insurance Corporation (LIC) has emerged as the fourth-largest global life insurer as per the "Top 50 Life Insurers in the World" ranking by S&P Global Market Intelligence
In a major recognition of its financial strength,....

Leading Indian banks leverage FICO's Cloud platform

Mumbai, Dec 5 (UNI) FICO, a major analytics software company that provides products and services to both businesses and consumers, has officially launched its industry-leading cloud-based platform in India, bringing to market a suite of advanced....

TAJ wins ‘World’s Finest Luxury Grand Palaces’ award

Kolkata, Dec 5 (UNI) Indian Hotels Company (IHCL), India’s largest hospitality company, has been recognised among the 'Best Hotel Companies in the World' at the esteemed 101 Executive Summit held in Germany with Taj being ranked the best in the....

Arka Fincap announces public issue of up to Rs 30,000 lakh of NCDs

Mumbai, Dec 5 (UNI) Arka Fincap Limited has announced public issue of secured, rated, listed, redeemable non-convertible debentures of face value of Rs 1,000 each for an amount of Rs 15,000 lakh with an option to retain oversubscription up to an....