Mahindra invests in online agri-retail start-up Merakisan.com

Mahindra & Mahindra´s agri solutions company Mahindra Univeg Pvt Ltd. said it has invested in Merakisan PVt. Ltd., an agri e-commerce start-up. Mahindra Univeg Pvt Ltd. is a 60:40 joint venture between Mahindra Agri Solutions Ltd. and and Belgium based Univeg (Greenyard Foods). It focuses on developing fresh fruit supply chain in India and imports […]

Noble Skiodo launches 55 inch LED smart TV at Rs 45k on Amazon

Noble Skiodo launched one of the cheapest 55-inch smart TVs in India. Priced at Rs 44,999, the 55MS55N01 comes with a pixel resolution of 1920×1080 (full HD) and is exclusively available at www.amazon.in. Noble Skiodo is a new-generation TV brand that has launched all its models on Amazon so far, keeping its marketing and advertising costs close to zero. This […]

NIIT acquires Bangalore-based Perceptron’s business

NIIT, an Indian multinational company in skills and talent development, said it has acquired the business of Bangalore-based start-up Perceptron Learning Solutions Pvt Ltd. Established in 2014, Perceptron focuses on developing learning platforms that combine deep analytics and semantic computing to ensure better learning outcomes. “Taking forward NIIT’s thrust on digital transformation in the EdTech […]

Cyber Media sells TDA Group acquired in 2008

Cyber Media, a technology industry portal, said it sold its wholly owned subsidiary TDA Group to The Marketing Group. The deal is valued at $4.58 mln, subject to due diligence and regulatory approvals. TDA Group is engaged in marketing content and communications based in Silicon Valley, and was acquired by Cyber Media in 2008. The […]

Brett Lee works towards a deafness-free India

On the occasion of International Week of the Deaf, renowned Australian cricketer and global hearing ambassador of Cochlear Ltd Brett Lee asked to take a pledge to free India from deafness. Australian cricket icon, Brett Lee, was announced as Cochlear’s first Global Hearing Ambassador in 2015. Brett’s target is raising awareness about hearing loss. Consciousness […]

Suven Life Sciences gets two product patents in India and Japan

Drug manufacturer Suven Life Sciences Ltd said it got two product patents in India and Japan for to a new compound for the treatment of disorders associated with Neurodegenerative diseases. The patents are valid through 2026-2032. The granted claims include a class of selective 5-HT6 compounds and H3 inverse agonist compounds and are being developed as […]

Mahindra & Mahindra raises Rs 475 cr via debentures

Automobile manufacturers Mahindra & Mahindra Ltd. said it raised Rs 475 crores via non-convertible debentures on private placement basis with a tenure of 10 years. The face value of the 7.57% debentures are Rs 10,00,000 each. Mahindra & Mahindra is an Indian multinational automobile manufacturing corporation based in Mumbai, Maharashtra. It is one of the […]

Finolex to enter water heater market on Sunday

Finolex Group, one of the largest cable manufacturers in India, said it will introduce electric water heaters into its product line-up on Sunday. This new product will compete against famous water heater brands such as AO Smith, Bajaj, Racold etc. “At present the product is set to launch only in the domestic market,” said the company. Finolex […]

Nasscom, outsourcing cos launch finance & accounting course for BPO aspirants

Tired of getting stuck with fresh recruits who do not have required skills, outsourcing companies in India, along with industry body Nasscom, have launched a new finance and accounting course. The course, created with the support of Business Process Management companies across the country, will help students in pursuing the finance & accounting occupation in […]

Uttam Sugar Mills gets acknowledgement for doubling of ethanol capacity

Uttam Sugar Mills Ltd informed that it obtained acknowledgement from the government of India after doubling its Ethanol distillery capacity. The company, engaged in production of sugar, Ethanol and power generation, said it has doubled its existing ethanol capacity is 22,500 Kilo Liters (KL). Under India’s industrial rules, large enterprises are required to inform the […]

Ricoh printers to come with Android and 10-inch display panels

Ricoh India Ltd., an Imaging Solutions & IT Services company, launched an Android-based printers in India with support for apps, video and audio. The first such device will be the MP C306ZSP, which will come with a 10.1-inch panel. All future models will come with smart Android panels, the company said. Additionally, the existing device […]

Lincoln Pharma develops oral spray version of Ondansetron anti-nausea drug

Lincoln Pharmaceuticals Ltd said it developed and launched an oral spray version of Ondansetron anti-nausea drug. Ondansetron is used to prevent nausea and vomiting caused by cancer drug treatment (chemotherapy), radiation therapy and also in the prevention and treatment for nausea and vomiting after surgery. The medication is also more helpful during motion sickness. Presently […]

Enforcement Directorate moves to attach FTIL’s Rs 306.70 cr mutual fund assets

63 moons technologies ltd, formerly known as Financial Technologies said it received a provisional attachment order from the Directorate of Enforcement, Mumbai, attaching mutual funds amounting to Rs 306.70 crores. The company is taking appropriate steps in consultation with the legal counsel of the company in this matter, it said. The move comes a day […]

Aurobindo Pharma to launch HIV drug in Africa this year, gets tentative FDA nod

Aurobindo Pharma Limited, a pharmaceutical manufacturing company based in Hyderabad, said it received a tentative approval for HIV drug Dolutegravir from US Food & Drug Administration. It is the first FDA approval of a generic version of Dolutegravir. Through a tie up with ViiV and the Clinton Health Access Initiative, Inc., the product is expected […]

SpiceJet offers 12% off on India – Dubai flights for Diwali

SpiceJet, India´s low-cost carrier, said it is offering a flat 12% discount on flights between India & Dubai. Customers can avail this offer by using a promo code –´TRAVEL12´– while booking. Booking can be done on the company´s website from 19th to 22nd September. The travel period for this offer is set between 20th and […]

Yes bank’s ‘chat banking’ app completes 10,000 transactions

Yes bank, India’s 5th largest private sector bank, said its recently launched ´Yes tag´ ‘chat banking’ application has crossed 10,000 Transactions. Yes tag was launched recently by Yes bank and offers a ‘conversational smart banking’ experience and can be used to bank via five messaging platforms namely Facebook Messenger, Twitter, Skype, Telegram and WeChat. Users […]