Yes Bank said it will enter the credit card space by June and has appointed former HDFC Bank executive Rajanish Prabhu to lead the division, as it announced a new organisational structure to boost retail and corporate banking.
Larsen & Toubro has bagged an order worth Rs 10.7bn to build tracks for the Riyadh metro project in Saudi Arabia, the engineering major said.
Inox Wind said it has bagged an order for a 100 MW wind power project at Lahori in Madhya Pradesh from Ostro Energy.
Maruti Suzuki launched its first hybrid vehicle by upgrading the diesel Ciaz with hybrid features at a price cheaper by up to Rs 20,500 than the existing diesel variant that is being phased out.
Attivo Economic Zones, part of Srei Infrastructure Finance and in the business of developing managing and marketing industrial parks, has acquired AMRL Hitech City, a multi-product Special Economic Zone (SEZ) at Nanguneri in Tamil Nadu.
Welspun Corp said its shareholders have approved borrowing up to Rs 5bn through issuance of securities.
Sun Pharmaceuticals has completed the acquisition of GSK's opiates manufacturing facilities in Australia.
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