InoX Leisure Ltd said it launched the commercial operations at Mumbai’s iconic Metro House cinema. The new multiplex has 6 screens and 1491 seats. The multiplex operator had won the lease for the building a little more than a year ago. Metro House was shut in 2014, 79 years after it was opened. It was […]
IT services provider ZenSar Technologies said it won a contract to implement Oracle Applications Release 12 to tranform the financial and procurement processes of e-commerce and catalog retailer Full Beauty Brands . FullBeauty Brands is a leading American plus-size women’s and men’s apparel and home goods company having eight proprietary brands. The key objective of […]
Heritage Foods Ltd said it agreed to sell its food retail business to Future Retail Ltd in return for shares in the Kishore Biyani firm. The businesses covered by the deal are grocery and food retail, agricultural sourcing, processing and marketing, and bakery. As part of the deal, Future Retail will issue about 1.80 cr […]
Jet Airways said it is launching a daily direct flight from Bengaluru to Singapore from 14th December, further expanding its connectivity across the ASEAN region. The new flight will offer passengers from Hyderabad, Mangaluru, Coimbatore and Thiruvananthapuram connectivity to Singapore via Bengaluru. “This service has been introduced in response to growing demand on this sector, […]
IT brand Ambrane India said it launched a new bluetooth speaker BT5000, priced at just Rs 1499. Ambrane is one of the leading IT brands in computer peripherals, Mobile Accessories and No. 1 in Power Banks. The speaker has in-built Magnetic trumpet that improves the quality of perceptible audio output giving the user a loud […]
United Bank of India said it is allotting equity worth up to Rs 300 cr to Life Insurance Corporation of India. United Bank of India is an Indian government-owned financial services company headquartered in Kolkata, West Bengal, India. Life Insurance Corporation of India is an Indian state-owned insurance group and investment company headquartered in Mumbai. […]
Gold Jewellery exporter, Rajesh Exports Ltd said it launched its 81st retail showroom under it’s brand name ´Shubh Jewellers´ at Bangalore. “With this launch the company has launched it’s second phase of retail expansion. The company in the second phase of retail expansion has finalized plans to launch series of retail showrooms in the four […]
RPP Infra projects Ltd said it received a contract worth Rs 254 mln from Tamil Nadu Civil Supplies Corporation to construct scientific storage godown at Kodavasal village & taluk in Thiruvarur district. The godown is of 2500 MT and is to be completed within 24 months. R.P.P Infra Projects Ltd, founded in 1988, is a […]
Aditya Birla Fashion and Retail Ltd said it entered into agreement with UK based fashion brand Ted Baker. Ted Baker London is a British luxury clothing retail company. “We are happy to join hands with Ted Baker and build a strong presence for the brand with Indian consumers. This partnership will enable our consumers to […]
Paynimo, an advanced retail payment platform from Techprocess, has tied up with Book Your Game, which allows users to discover workouts and group exercises near their location for a subscription fee. Paynimo’s big advantage, compared with other payment gateways, is that it supports sending users text messages with links for making their payment. “It has […]
Maruti Suzuki´s utility vehicle sales doubled in October, riding on the launch of new models like Vitara Brezza and S-Cross. The SUV (utility vehicle) sales increased 90.9 % to 18,008 vehicles in the month compared with last year. This is a continuation of the trends seen in recent months. So far in this financial year, […]
itel Mobiles said it sold 1.6 million handsets in the month of October with its marketing strategies and 100 day replacement warranty offer. The total mobile phones sold in one month in India is around 15 mln. “Our marketing strategies and service proposition of 100-day replacement warranty offered on itel Mobile products have driven great […]
Lypsa Gems and Jewellery Ltd said it tied up with Jewelsouk.com to sell ‘Lypsa Atelier’ branded diamond-studded jewellery. “This tie-up is part of our E-commerce push. Lypsa Atelier is currently available on Flipkart, Snapdeal, Craftsvilla, Shopclues in addition to Jewelsouk.”, said Jeeyan Patwa, Director, Lypsa Gems and Jewellery Ltd. Lypsa plans to start with around […]
A man from God’s own country has come under social media fire for preventing his wife from feeding their newborn child over religious reasons. The incident took place on Wednesday around 2 PM, at the EMS co-operative hospital in Mukkam in Kozhikode district, Kerala, where 24-year-old Hafsath refused to breastfeed her newborn baby, when the […]
OnMobile Global Limited launched its new consumer brand, ONMO, and showcased some of its other new products. “The company has been working towards this change for over two years now. It has made significant investments in core technology, product development, processes and people to get ready to serve consumers directly,” said the company. Onmobile has […]
Pharma major Sun Pharma said it tied up with research organization International Centre for Genetic Engineering and Biotechnology to develop vaccines for dengue. The vaccine is targeted against all the four serotypes of Dengue virus that cause disease in humans and is being developed to commercialize in Indian and international markets. A serotype is a […]
Low-cost carrier SpiceJet said it was introducing three new Boeing 737-800 jets as it ramped up its operations for the winter by introducing 8 new flights and an equal number of new connections. With the introduction of the new and additional flights, SpiceJet will operate 334 flights a day. The Boeing 737 is an American short-to […]
Speciality Chemicals company Aarti Industries Ltd said it will buy back12 lakh equity shares at Rs 800 each, aggregating to Rs 96 cr. The company´s Board of Directors approved the equity shares — representing up to 1.44% of the company’s base. “The public announcement setting out the process, timelines and other requisite detail will be released […]
Lypsa Gems and Jewellery Ltd said it reduced its secured debt by 25% by repaying a loan of Rs 75 mn to Bank of India. As of today, its debt stands at Rs 235 mn, down from Rs 31O mn as of 31st March 2016, it said. Debt Equity Ratio has dropped from 1.03x to […]
Low-cost carrier SpiceJet said it is offering a flat 12% discount on flights between India and Dubai. The discount will be applicable for flights between Dubai and any of the Indian cities Kozhikode, Kochi, Hyderabad, Jaipur and Mangalore. Customers can avail this offer by using a promo code –´TRAVEL12´– while booking. Booking can be done […]
