Two and three-wheeler maker TVS Motors on Monday announced the launch of the TVS NTORQ 125 Race Edition at the Makina Auto Show in Philippines. The vehicle comes with TVS SmartXonnect TM that lets the rider connect their smartphone to the scooter, unlocking a host of smart connected features. These can be accessed through an [...]
Godrej Capital, the financial services arm of the Godrej Group, is looking at a loan book of Rs 12,000 crore this fiscal, up from Rs 5,500 crore in the just-concluded fiscal. The company, among the youngest NBFCs, began operations only in late 2020 as a housing finance firm, primarily to serve the group's realty arm [...]
Union power minister R K Singh on Monday inaugurated POWERGRID Vishram Sadan, which would provide boarding and lodging facility to attendants of patients getting treatment in the premises of SSG Hospital in Vadodara. "POWERGRID Vishram Sadan was inaugurated through video conference by R K Singh, Union Minister for Power, New and Renewable Energy," a statement [...]
PwC India on Monday said it is investing more than Rs 600 crore over the next 3 years towards holistic learning and development of its employees and across different wellbeing initiatives. The past three years have had a dramatic effect on people, and as a result, individuals are now reassessing what they want to do [...]
ArcelorMittal India on Monday said a resolution plan submitted for Indian Steel Corporation by its arm AM Mining India has been approved by the NCLT, Mumbai. In a statement, ArcelorMittal India Pvt Ltd said it "welcomes National Company Law Tribunal (NCLT) order on Indian Steel Corporation Ltd (ISC)". It looks forward to implementing the recently [...]
Fabindia Ltd, a retailer of artisan products and lifestyle items, on Monday announced the appointment of Rajeshwari Srinivasan as its Chief Executive Officer. Srinivasan, whose appointment is effective from this month, was previously working with Tata Group. She succeeds Viney Singh, who has decided to retire from the post after serving for seven years as [...]
Tata Power Delhi Distribution has inked a pact with NTPC Vidyut Vyapar Nigam to get 200MW hydro power supply for meeting its projected peak demand for the next five years during the summer months, from May to September. Tata Power Delhi Distribution Ltd (Tata Power DDL) supplies electricity to over seven million populace in North [...]
Adani Group and French company TotalEnergies' newly built Rs 6,000 crore facility to import LNG at Dhamra on the Odisha coast will start commercial operations at the end of May, the French firm said on Monday. The 5 million tonne a year capacity terminal received its first ever shipment of liquefied natural gas - a [...]
The Directorate General of Trade Remedies (DGTR), under the commerce ministry, is planning to hire an agency to design, develop, implement and maintain a web application for it. The directorate is an integrated single window system for providing comprehensive and swift trade defence mechanisms to industry in India. It has floated a Request for Proposal [...]
Commercial vehicle maker Ashok Leyland on Monday said it has received an order of 1,560 trucks from VRL Logistics Limited (VRL). This order is for AVTR 3120 and AVTR 4420 TT models of trucks, which have all the advanced features to bring more efficiency and profitability to VRL's expanding fleet, the company said. The company, [...]
