Maruti Suzuki India, known for its small cars, is establishing a new setup of retail outlets under Nexa brand to sell premium products starting with its upcoming S-Cross model.
Micro-finance institution Bandhan Financial Services, which got the final license from Reserve Bank of India to start universal banking, would formally start operations as a banker from August 23.
Fair trade regulator CCI is in an advanced stage of taking a final decision on cartelisation allegations made against five carriers, including market leaders IndiGo and Jet Airways, with respect to introduction of fuel surcharge for cargo transportation.
Shoppers Stop has tied up with Hybris software, a SAP company and a commerce platform provider. The retailer plans to invest Rs. 600mn over the next three years in technology, supply chain and talent to strengthen its omni-channel play.
Larsen & Toubro Heavy Engineering has delivered its first indigenously designed pressurised heavy water reactor for the nuclear plant being developed by Nuclear Power Corporation in Gujarat.
Realty player Mahindra Lifespaces, part of Mahindra Group, is looking at setting up residential projects in states like Andhra Pradesh, Rajasthan, Madhya Pradesh under the affordable housing space.
Riding on the booming e-commerce space and increasing adoption of non-cash transactions, the combined share of SBI and its five associate banks in the debit cards space has touched 25% in the financial year 2015.
The Unit-I (2x250 MW) of Neyveli Lignite Thermal Power Station-II Expansion has completed its continuous operation for 72 hours starting from June 30 to July 03 and qualified for Commercial Operation
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