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HP eyes more market share in India’s laserjet printer market

New Delhi, Mar 24 (PTI) IT hardware company HP on Thursday said it will expand its portfolio of laserjet tank printers in India as the company looks to increase its marekt share. Sunish Raghavan, Senior Director of HP India, Printing Systems, said that the new printers launched by the company will compete in the 1.3 [...]

Okinawa expects to sell 50,000 units of newly-launched Okhi-90 scooter

Mumbai, Mar 24 (PTI) Leading electric scooter maker Okinawa Autotech expects to net a fourth of its next year's annual sales target of 2 lakh units from the Okhi-90 scooter, which the company launched on Thursday. The company is expecting to sell 50,000 units of its newly-launched scooter model Okhi-90 by the next fiscal. It [...]

UK finance minister Rishi Sunak questioned over Infosys presence in Moscow

London, Mar 24 (PTI) UK Chancellor of the Exchequer Rishi Sunak on Thursday faced questions about the Russian presence of Infosys, the Indian software services company in which his wife Akshata Murty has a share. With reference to stringent sanctions being imposed on Russia, the Indian-origin finance minister who is the son-in-law of Infosys co-founder [...]

Pawan Hans to lease six Sikorsky S-76D helicopters

New Delhi, Mar 24 (PTI) Pawan Hans Ltd has signed agreements to lease six Sikorsky S-76D helicopters from The Milestone Aviation Group. The aircraft will support Pawan Hans' onshore and offshore helicopter operations in India and the company is contracted to operate two S-76D helicopters for ONGC. "In addition to the six helicopters, of which [...]

Civil Aviation Minister Jyotiraditya Scindia to address ‘Wings India 2022’ in Hyd

Hyderabad, Mar 24 (PTI): Civil Aviation Minister Jyotiraditya Scindia will on Friday address the ongoing 'Wings India 2022'--Asia’s largest event on civil aviation here. The four-day event with the theme "India@75: New Horizon for Aviation Industry" kicked off today at Begumpet Airport here and will conclude on March 27. Minister of State for Civil Aviation [...]

Future Enterprises defaults on Rs 93.99 cr payment to PNB and Canara Bank

New Delhi, Mar 24 (PTI) Future Enterprises Ltd on Thursday said it has defaulted on payment of Rs 93.99 crore to Punjab National Bank and Canara Bank under the one-time restructuring (OTR) plan.The due date for payment of the amount was March 23, a regulatory filing by Future Enterprises Ltd (FEL) said."The Company was not [...]

Have policies, intent, leader to develop ports, shipping: Sonowal

New Delhi, Mar 24 (PTI) Shipping Minister Sarbananda Sonowal on Thursday said the government had given a big push to promote inland waterways and Assam received its first consignment of foodgrains from Patna via Bangladesh traversing a distance of 2,350 km through rivers Ganga and Brahmaputra.Responding to the discussion on the demand for grants of [...]

Bank of Baroda enters into co-lending pact with Paisalo for small ticket loan to businesswomen, MSMEs

New Delhi, Mar 24 (PTI) Bank of Baroda (BoB) on Thursday said it has entered into a co-lending pact with non-banking financial company Paisalo Digital to provide small-ticket business loans to women entrepreneurs and MSMEs. The partnership will provide access to small-ticket finance for income generation to Micro, Small and Medium Enterprises (MSMEs) and women [...]

Reliance & ACRE bid for Sintex filed before NCLT for approval

New Delhi, Mar 24 (PTI) The joint bid of Reliance Industries and Assets Care & Reconstruction Enterprise (ACRE) for debt-ridden Sintex Industries has been moved before the NCLT for its approval after getting unanimously selected by the lenders of the textiles maker. The resolution professional of Sintex Industries has filed the resolution plan by RIL [...]

Kerala CM says PM has positive stand on SilverLine project

New Delhi, Mar 24 (PTI) Amid mounting protests against the ambitious SilverLine project, Kerala Chief Minister Pinarayi Vijayan on Thursday said Prime Minister Narendra Modi has taken a positive stand on the project and expressed hope that required approvals from the central government will come at a faster pace. Vijayan met the prime minister on [...]
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