AAP Govt suspends license of Max Hospital after newborn dies

The Delhi government has suspended the license of the Max Hospital in Shalimar Bagh after it was implicated in wrongly declaring a newbord dead. “They cannot take any new patients, but they can continue to treat the existing patients,” Delhi’s health minister Satyendar Jain said. The move comes even as the Haryana Government on Thursday […]

Dalmia Group, Nisus invest in Greater NOIDA real estate project

Fund manager Nisus Finance Services Co Pvt said it, along with a Dalmia Group’s Landmark Holdings, has invested Rs 50 Cr in Casa Royale & Sanskriti, a project by Noida based Earthcon Infracon projects at Sector-1, Greater Noida, Uttar Pradesh. Landmark Holdings is the real estate investment arm of the Dalmia Group, one of India’s […]

Tata Motors reports strong wholesale numbers for November vs October

The Tata Motors Group global wholesales in November 2017, including Jaguar Land Rover, rose 22% to 1.12 lakh. In October, it had risen 2.7% to 1.04 lakh and by 14% in September to 1,16,419. Wholesales of commercial vehicles rose 51% to 40,845. In October, it had risen 1.3% to 37,400. Wholesales of passenger vehicles rose […]

Havells to expand ‘Standard’ brand beyond switches, targets 1,000 cr sales

Havells India said it has launched water heaters, switches and MCBs under its Standard Electricals brand, which has been known for its switchgear for close to five decades in India. The company said that it expects to expand sales under Standard to Rs 1000 crore in the next 3 to 4 years from about 400 […]

Cyient joins hands with UK firm for power utility solutions

Cyient, a Mumbai-based provider of engineering, geospatial and operations management services, said it has tied up with UK-based EA Technology to jointly market each others’ services to power utilities. EA Technologies provides solutions to electric utilities to monitor and manage their assets such as cables and other electric instruments. As part of the alliance, Cyient […]

Larsen & Toubro wins Rs 1,600 cr order from HPCL

Construction major Larsen & Toubro said its hydrocarbon subsidiary won an order worth over Rs 1,600 cr from Hindustan Petroleum Corporation Ltd for its Visakhapatnam Refinery. The project involves Engineering, Procurement, Construction and Commissioning of 3 million tonne per year Full Conversion Hydrocracker Project. The order was awarded L&T Hydrocarbon Engineering Limited, a wholly owned […]

TVS Motor takes on KTM Duke 390 with Apache RR 310, price seen at Rs 1.5 lakh

TVS Motor Company has, for the first time, entered the premium motorcycle category with its Apache RR 310 motorcycle, but pricing details are not yet revealed. “The motorcycle marks TVS Motor Company’s entry into the super-premium segment, both in domestic and international markets,” the company said. The premium motorcycle category is currently dominated by Royal […]

Reliance Power awards Rs 5,000 cr Bangladesh project to Reliance Infrastructure

Reliance Infrastructure Limited said it won two constructiong contracts in Bangladesh together valued at Rs. 5,000 crore. The contracts arer for creating a 750 MW LNG-based combined cycle power plant at Meghnaghat (Dhaka) while the second project is for building a 500 MMSCFD floating storage regasification unit (FSRU) based integrated LNG terminal project at Kutubdia […]

GST complaints coming mainly from tax-evaders – Adi Godrej

Adi Godrej, chairman of one of India’s largest manufacturing and real estate groups, said most of the complaints about the new Goods and Services Tax is coming from businesses that have been built on a model of tax evasion. “The complaints about the GST are mainly coming from people who used to evade taxes in […]

Radio Jockey steps down after supporting Muslim girls for dancing

Radio Jockey Sooraj of 98.6 FM, a Malayalam Radio station in Qatar, has announced that he is stepping down from his role at the station following a social media outcry over his comments supporting three Muslim girls who danced publicly at an AIDS awareness function in Kerala. Following the usual style of his Facebook videos, […]

Google launches AndroidGo for 512 MB phones, Assistant for Jiophone

Google India today launched a lighter version of Android operating system that it said will work on devices with as little as 512 MB of RAM, and also unveiled a Google Assistant version that runs on Reliance Jio semi-smartphones. LOW END PHONES Google announced a new version of its Android operating system called AndroidGo, tailored […]

Ramco wins HR software deal for 3,000 employees of Ranhill Holdings Berhad

Ramco Systems said it won a deal to provide HR software to manage over 3,000 employees of Malaysia-based Ranhill Holdings Berhad in five entities. Financial details were not revealed. The Indian company said it “beat local and international vendors to secure the deal.” Ranhill Holdings is a Malaysian conglomerate with interest in the environment and […]

Bangladesh Internet gets a speed boost from Tejas’ new network

Network solutions provider Tejas Networks said it completed the execution of a high capacity national optical backbone network in Bangladesh that will “significantly boost” Internet speeds in Bangladesh. The contract was completed in partnership with Telephone Shilpa Sangstha of Bangladesh for the Bangladesh Submarine Cable Company to connect all of the country to the SMW-5 […]

Reliance Power gets $583 mln backing from ADB for Bangladesh plant

Anil Ambani Group-controlled Reliance Power said Asian Development Bank has approved debt financing and partial risk guarantees totaling $583 million to the company’s Bangladesh LNG and Power Project. “ADB’s financing package includes loans and partial risk guarantees for the power generation facility, as well as for the LNG terminal. The total project cost is approximately […]

Zensar Tech CFO resigns with immediate effect

Zensar Technologies, the IT services company from the RPG Group, said its chief financial officer Manoj Jaiswal resigned with immediate effect. “He will be relieved from his duties with effect from the closing of business hours on Dec 4,” the company said. It was not clear why the CFO resigned abruptly. Zensar Technologies also said […]