Bharat Electronics Limited (BEL) will set up a advanced night vision products factory spanning over 50 acres at Nimmaluru Village near Machilipatnam in Krishna District of Andhra Pradesh by investing Rs 300 cr over a period of 4 years. The advanced night vision products factory at Nimmaluru will enable BEL to expand its electro-optics business […]
Training provider Aptech Ltd said it is entering into preschool education through an alliance with Mumbai-based Montana International Preschool. Montana International Preschool powered by Aptech (MIPA) plans to set up 1000 preschools in India over the next two years. Aptech is the latest education company to enter the pre-school market. TIME, a pioneer in CAT […]
Jindal Steel & Power Limited (JSPL), one of India’s leading steel manufacturers, said it will set up a plant to manufacture rails for metro & high speed rail projects with an investment of Rs 200 crores. The plant is capable of producing 30,000 MT of rails per month and has been set up in technical tie-up […]
Bosch, global supplier of technology and services, inaugurated the first phase of expansion of its development center at Adugodi in Bengaluru and will invest Rs 1,170 cr in 2016 in India, said the company. The company has invested around Rs 350 cr since it has revamped its oldest facility in India into a technology and […]
Carborundum Universal (CUMI), one of the biggest makers of abrasives, today inaugurated its Research and Development centre in its Industrial Ceramics Division facility in Hosur, Tamil Nadu. The facility is equipped with advanced equipment for material characterization, microstructural analysis, finished component analysis and other critical areas supplementing the existing R&D activity of the unit, said […]
Bharat Electronics Ltd will set up a factory at Nimmaluru in Andhra Pradesh to make advanced night-vision products for the defence forces, the company said. Factory will enable BEL to expand its electro-optics business and carry out manufacturing and integration for the ongoing and upcoming projects, it added. Factory will be built in stages and the […]
Mangalam Drugs & Organics said the expansion works of its Plant on Unit-2 situated at Vapi have been successfully completed. The company commenced the trial operations at this newly expanded plant on 22nd August. The plant will produce the active pharmaceutical ingredients (API) for Malaria and anti-retroviral drugs. The Company will be filing Drug Master File […]
Manpasand Beverages, the company that makes ‘Mango Sip’, said it completed the construction of its new plant in Haryana at a cost of Rs 150-160 crores. The company had raised the money through itś recent IPO. The new unit will manufacture 50,000 cases of the existing range of products such as ´Mango Sip´,´Fruits Up´, carbonated […]
After launching Zee Bioskop in Indonesia and Zee Nung in Thailand, Zee Entertainment Enterprises has entered Philippines with its third dedicated Bollywood movie channel for the local Filipino audience starting today. Announcing ZEE’s entry into the Philippines, Amit Goenka, CEO – International Broadcast Business, ZEEL said: “We already have 5 dedicated localized channels in APAC, […]
Reliance Jio has started pushing its 4G SIM cards into its LYF distribution network for bundling with handsets, suggesting that the company will launch its handset and SIM combo ahead of the IPL. The first match of the IPL will be played on Saturday. The SIM cards being pushed to LYF retailers will be given […]
Reliance Jio will announce the launch of its 4G services in India by the end of this month, but it will take a few more days after that for the operator’s SIM cards to be available in stores, according to company sources. “We’ve been told that there will be a press conference on 28th, announcing […]
To counter the tremendous threat posed by Reliance Jio, the biggest telecom company in India Bharti Airtel has launched a massive network transformation program called Project Leap. “Aimed at perceptibly improving network quality and delivering the best customer experience, this strategic project will see an investment of Rs. 60,000 crore in the next 3 years,” […]
Amid the slightly cautious atmosphere regarding a revival in Indian corporate earnings, Moody’s Investor Service has come out saying that it expects things to get better. It said most non-financial corporates it rates in India will benefit from strong domestic growth and accommodative monetary policy (lower interest rateas), although weak global growth and a potential […]
Reliance Jio has started testing its network in Kerala in cities like Thrissur, according to industry sources, and is only days away from completing its infrastructure work in most places in the state. An employee of the company was able to demonstrate decent 4G speeds using a phone made by LG Electronics. The operator will give more handsets […]
In one of the biggest fleet expansions in Indian aviation history, aggressive low-cost carrier SpiceJet said it will add six new aircraft to its existing fleet in the next 30 days. The low-cost carrier, also unveiled a new winter schedule raising total daily flights to 291 from the current 250, adding 10 new sectors, 30 […]
India Yamaha Motor Pvt. Ltd. (IYM), the leading two wheeler manufacturer, today inaugurated its third manufacturing facility at the industrial park in Vallam Vadagal situated at the outskirts of Chennai, Tamil Nadu. The new factory will be the first in the Yamaha Motor group to have a vendor park in its vicinity. Spread across 177 […]
Mahindra & Mahindra Limited said it was signing a Memorandum of Understanding with the government of Tamil Nadu to invest Rs 2,000 crore in the state. The investment will cover a new automotive plant as well as a new Test track for Mahindra Research Valley. “The Company could also increase the investment to Rs.4,000 crores […]
Meizu, which had come under criticism for not setting up service centers in all major cities in India, has now launched a network of around 40 such centers. It also launched a toll-free customer care hotline number – 1800 307 099 25. “The customer care hotline will work from 9 am to 6 pm Monday to Saturday,” […]
Bosch, a leading supplier of technology and services, inaugurated its 14th manufacturing facility in India at Bidadi, near Bengaluru. The Rs 340 cr plant will manufacture products for the Diesel Systems division. “India is a key pillar of our growth strategy in Asia Pacific. A strong local presence is the basis for further growth in […]
Bharti Airtel is trying to address a key weakness in the lucrative market of Kerala — the lack of a 3G network — by going aggressively with its 4G roll-out. The biggest cities, Kochi and Calicut, have already got LTE services from the company, while most of the cities in the state will be covered […]
