TT Ltd said it has decided to set up a mega garment plant in place of Spinning Machinery at Gajroula in Uttar Pradesh. The move is part of its attempt to diversify from textile making to making garments. “TT is exiting from spinning and entering the garmenting and fabric business on a massive scale,” the […]
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 […]
Tata Consultancy Services said it inaugurated the first phase of Thane delivery center that will have the capacity to seat 30,000 employees when fully developed, which will make it the largest in Mumbai. The company, which has a huge operation in Vikhroli in the city, said it will eventually consolidate its Mumbai operations at the […]
Prakash Industries, one of India’s biggest PVC pipe manufacturers, said it has decided to double its production capacity over the next two years. The investment will be entirely funded from the company’s internal funds. “Over the (last 37) years, the company has enhanced its product portfolio and has grown to a capacity of 55,000 Tonnes […]
PC Jeweller, the Delhi-based jewellery chain, said it signed up Bollywood stars Akshay Kumar and Twinkle Khanna as it gets ready for a pan-India expansion. The brand, which started 12 years ago with a single shop in Karol Bagh in New Delhi, today has close to 80 outlets. Most, however, are in North India, and […]
IT services provider Wipro Limited said it has established a center for automotive technology in Timisoara, Romania to focus on embedded solutions such as in-vehicle entertainment, cluster display, telematics, connected cars and driver assistance systems. The company plans to hire experienced technology professionals and engineering graduates from top universities in Romania. The center will be […]
Idea Cellular, India’s third largest telco by revenue, launched its 4G services in Srinagar. This is the 26th town in Jammu & Kashmir to get Idea 4G services, which are also present in Jammu, Udhampur, Katra, Samba, Poonch, Rajauri, Kathua, in addition to Srinagar. “Idea 4G SIMs are now available at its company retail store […]
IndiGo Airlines, India’s largest airline by far, is in no mood to go easy on its rapid expansion in coming years, the company said. The company, which accounted for 85% of the total capacity added in the country in the last five years and grew its seats at 24% per year on average, plans to […]
SpiceJet announced the launch of four new daily non-stop flights connecting Surat to Mumbai and Hyderabad. From July 10, there will be a new daily direct flight for the Mumbai-Surat-Mumbai sector. It will also start operating its second daily direct flight on the sector in the Hyderabad-Surat-Hyderabad sector. “SpiceJet is the only airline to operate […]
PVR, India’s largest multiplex chain, said it opened its 127th property at Grand Galada Centre Mall in Chennai. The facility will have five screens and is equipped with 2K projection, 7.1 Digital Dolby surround sound and Dolby ATMOS. The screens also support 3-D, the company said. With this, the company now operates 584 screens in […]
SpiceJet, the airline that offers one of the most cost-effective set of fares in India, said it was starting daily flights to Patna from several cities in India, including Mumbai, Hyderabad, Bangalore and Kolkata. On Tuesday, the Bangalore flight will be replaced by a Chennai-Patna service. “We are extremely proud to induct Patna, an emerging […]
Infosys Chief Executive Officer Vishal Sikka said the company’s performance in the January-March period was below his expectations for various reasons. “It is a challenging performance,” Sikka said in a post-result press conference. “We were expecting a higher number,” said, adding that the situation in the last quarter will have some impact on the new […]
NTPC Ltd, India’s largest power producer, has taken its total installed production capacity beyond the 51,000 MW mark with the addition of the 660 MW Solapur Super Thermal Power Project in Maharashtra. The total capacity of the NTPC Group has become 51410 MW, including 20 coal based, 7 gas based, 10 solar PV, one Hydro, […]
IT services provider Tech Mahindra opened a new facility in Dublin, Ireland to focus on emerging technologies such as Robotics and Automation, Business Analytics, Cloud Infrastructure and Digital Services. The new centre would employ around 150 engineers over the next three years and will help the company deliver technology services to clients in Ireland as […]
Apollo Tyres today signed an agreement with the Andhra Pradesh government to set up a manufacturing facility in the state. “As per the Memorandum of Understanding, the company will invest approx. Rs 525 cr for setting up this facility in Andhra Pradesh bordering the south-eastern coast of India,” said the company. The proposed manufacturing facility […]
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 […]
Thomas Cook, one of leading travel consultants, said it has launched an outlet in Rudrapur city in Uttarkhand under its new Mini format. The Rudrapur outlet has been designed optimising space and will be manned by a two member team, equipped with technology via mobile devices for seamless online connectivity to central systems thereby facilitating […]
Hexaware Technologies Limited, a BPO and Digital services provider, said it has expanded its delivery presence in the European region by opening of its latest Global Delivery Centre in Bucharest, Romania. The Bucharest Global Delivery centre is situated in a prime location and in close proximity to several key clients within the European region, said […]
Kilitch Drugs (India) Ltd said its unit Kilitch Estro Biotech Plc acquired land for the installation of a pharma plant in Ethiopia. 4317.5 sq. mtrs of land was allotted at Oromia special zone by the Bureau of Rural Land and Environmental Protection, Federal Democratic Republic of Ethiopia on lease for a period of 45 years. […]
V- Guard Industries Ltd, which focuses largely on motors and electric parts, amended its company documents to enter the home and kitchen appliances market along with the existing product categories. The company was founded in 1977 by Kochouseph Chittilappilly as a small voltage stabilizer manufacturing unit. It later expanded to other rotating instruments such pumps, fans […]
