Mahindra and Mahindra will launch more products in the October-March period of this fiscal to fight volatility in the sector, its chairman Anand Mahindra said.
Thomas Cook India said it will acquire rival Kuoni group's business in India and Hong Kong for Rs5.35bn.
Eicher Polaris Pvt Ltd, a 50:50 joint venture between Eicher Motors and Polaris Industries, is planning to expand its market for Multix, a personal utility vehicle (PUV), nation-wide by mid 2017, and also look at exports to India-like markets in future.
Infosys announced it would start construction of its 25,000 seat Mohali facility within one month and complete the first stage of the project within 18 months.
The government has imposed penalty of Rs. 108 mn on telecom operators for exceeding the prescribed limit for radiation from mobile towers, Parliament was informed. According to the statement, the maximum penalty of Rs. 21.5 mn was imposed on Bharti Airtel followed by Rs. 18mn on Vodafone, Rs. 16.5mn on Reliance and Rs. 14.5mn on Tata Teleservices.
United Spirits Ltd, majority owned by Diageo plans to revamp 15 'power' brands including McDowell's No 1, Antiquity and Signature as it increasingly focuses on selling premium products to consumers.
State-run BHEL said it has commissioned a 500 MW Unit of NTPC's Vindhyachal Super Thermal Power Station in Madhya Pradesh.
Five more samples of instant snack Nestle’s Maggi have failed tests at a laboratory here as they contained lead content beyond the permissible limit.
After arresting a seven-year decline in crude oil production, state-owned Oil and Natural Gas Corp (ONGC) will see an 11% rise in output over the next three years as it brings newer fields in production.
Lupin said it has opened a research and development centre for inhalation products in Florida, the US.
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