GoAir offers students 5% off, extra baggage allowance for students

Low-cost carrier GoAir has launched a new promotion — Smart Student Fare– which offers discounts and extra baggage allowance for students. Students will get 5% discount on base fare and excess baggage allowance up to 25Kgs while travelling on GoAir carriers. The scheme is applicable only for students above the age of 12 years who […]

India adds 1,732 MW of hydro-power capacity

Prime Minister Narendra Modi inaugurated three hydro-electric projects in Himachal Pradesh, representing 1,732 MW of generating capacity, to the nation today. The biggest of the three is NTPC’s Koldam, which has four generating units of 200 MW each. The second biggest was Parbati Stage-III, which comprises 4 units of 130 MW each and is operated […]

Marksans Pharma gets USFDA approval for synthetic Vitamin D tablets

Marksans Pharma Ltd said the United States Food & Drug Administration has given its approval for its paricalcitol capsules — a synthetic equivalent of Vitamin D. Vitamin D is important for the absorption of Calcium from the stomach and for the functioning of Calcium in the body. Paricalcitol Capsules are therapeutically equivalent to the reference […]

V2 Retail opens its 32nd store in Sitamarhi, Bihar

Value retailer V2 Retail Ltd. said it has opened a new retail store at Sitamarhi, Bihar. By this launch V2 retail currently has 32 operational retail stores across the country. V2 Retail Limited is a retail company in India. It offers more than 70,000 products including ready made, apparels, household merchandise and other consumer goods […]

Yes Bank unveils Aadhaar-powered billing machine for small companies

Yes Bank has introduced a new billing machine for small businesses tying together Card & UPI payments, Aadhaar E-KYC and Aadhaar E-signing on a ready-to-use basis. This will help small and medium businesses to do their billing and accept payments and also disburse small loans completely electronically at any time to participating merchants, said the […]

L&T Construction wins Rs 3799 Cr railway order

Larsen & Tubro said the transportation infrastructure business of L&T construction won a contract worth Rs 3,799 cr from the Dedicated Freight Corridor Corporation of India Ltd. This contract has been secured by a consortium of Larsen and Toubro Ltd and Sojitz Corp.,Japan. Dedicated Freight Corridor Corporation of India Ltd (DFCCIL) is a special purpose […]

Fortis Healthcare to take loan of Rs 77.6 cr from Singapore bank

Fortis Healthcare said it´s Mauritius subsidiary Fortis Healthcare international Ltd, has will take a loan of SGD 165 mln (Rs 77.6 crore) from Singapore-based Consortium of Bankers. “Fortis Healthcare Ltd has being holding the company, is giving guarantee on behalf of FHIL securing the payment of principle and interest thereon.,” said the Indian company. Fortis […]

Nila Infrastructures gets Rs 43.5 cr order from Adani Shantigram

Nila Infrastructures Ltd said it got a Rs 43.5 cr order from Adani Ports and Special Economic Zone Ltd to construct an office building at Adani Shantigram, located on S.G. Highway, Ahmedabad. The contract envisages overall construction of ground + 13 floors + two basements covering about 300,000 sq. ft. built-up area and has to be […]

Anil Ambani’s Reliance Defence and Engineering to enter the oil rig business

Reliance Anil Ambani Group said its unit Reliance Defence and Engineering Ltd partnered with US-based oil rig comopany ALLRIG to provide jack-up rigs, drilling rigs and other floating fixed oil & gas assets in India. “The association will be helpful in providing solutions for class approved spares, repairs, upgradation and warranty support for critical equipments […]

ABB creates record with 1.2 mln volt transformer for new India grid

Power generator ABB said it developed, manufactured and energized a 1.2 mln volts ultra high voltage power transformer to support India’s plans to build a 1,200 kV transmission system. The new grid will supplement the existing 400 kV and 800 kV networks as demand for electricity increases. “The 1.2 million volt transformer represents the highest […]

itel launches VoLTE phone with Iris scanner @ Rs 8,490

itel Mobile said it has launched its s flagship selfie phone, ´it1520´ at Rs 8,490 in India. it520 is equipped with wide angle 13 MP front and back cameras, Iris scanner, 4G-VoLTE connectivity and a Reliance Jio connection. The model runs on Android 6.0 Marshmallow. “The latest launch from itel is the perfect smartphone companion […]

Lupin licenses taste-masking technology from Monosol for paediatric tablets

Pharma Major Lupin Ltd. said its US subsidiary, Lupin Pharmaceutical Inc., has agreed to license technology from Monosol Rx to develop multiple paediatric-focused products. Lupin would develop the pediatric products utilizing MonoSol Rx’s proprietary PharmFilm drug delivery technology. MonoSol Rx’s PharmFilm technology is a drug delivery platform that provides precision dosing in the form of […]

Ranveer Singh’s rap song for Jack & Jones campaign to go live tomorrow

Bollywood´s peppy boy Ranveer Singh will promote the international fashion wear Jack & Jones new campaign “Don´t hold back”. The fashion brand has chosen the Bajirao Mastani actor as their new brand ambassador. And the fashion star along with the brand has already made a rap song to kick start the campaign which is entirely […]

Ruchi Soya to plant oil palm in 25,000 hectares in Arunachal Pradesh

Agri and Food FMCG company Ruchi Soya Industries Ltd. said it signed an agreement with the Government of Arunachal Pradesh to boost palm oil production through development of quality palm plantations and human capacity building. With this agreement, Ruchi Soya Industries Limited now has obtained permission for oil palm development in 45,000 hectares, covering 5 […]

Mahindra & Mahindra launches “eSupro” electric vans at 8.5 lakhs

Mahindra & Mahindra said it launched its “eSupro” electric vans. There will be two models — cargo and passenger. The cargo vans are priced at Rs 8.45 lacs while the passenger variant is priced at Rs 8.75 (both Delhi ex-showroom price). The eSupro platform will cater primarily to the B2B segment and would be available […]