Page-3 of Companies
What is behind RIL plans to become a zero-net debt company?
The Reliance Industries group, currently lead by Mukesh Ambani is one of the largest companies in India. This gargantuan conglomerate, which has wide-ranging interests in the hydrocarbon sector to the telecommunications space and the retail market, is looking to reduce ..
Wipro bags $300 mn contract from ICICI Bank to provide digital technology led services
The digital transformation and IT services major, Wipro Limited has bagged a strategic contract valued at $300 million from the ICICI Bank to provide digital technology led services. Under the contract, Wipro will offer a comprehensive suite of services to ..
Cabinet approves Rs 9300 cr capital infusion in IDBI Bank
The Indian Government has approved a Rs 9300 crore fund infusion in the IDBI bank. This has caused the shares of the IDBI bank to surge 8% in a single day. What has happened? The Indian Cabinet has approved the ..
Ashok Leyland becomes India’s first commercial vehicle maker to get BS-VI certification for heavy duty trucks
Ashok Leyland has become the first Indian Original Equipment Manufacturer (OEM) to meet the Bharat Stage VI (BS-VI) emission norms across its full range of heavy-duty trucks with gross vehicle weight of 16.2 tonnes and above. The company has recently ..
Fire in ONGC Plant in Mumbai
A large fire broke out in a plant belong to Oil and Gas Natural Corporation (ONGC) located in Uran, Navi Mumbai. While the fire was successfully contained within two hours, it caused the death of five people and eight others ..
Merger of Public Sector Banks
The government has unveiled a mega plan to merge 10 public sector banks into four as part of plans to create fewer and stronger global-sized lenders. Proposed Merger Punjab National Bank, Oriental Bank of Commerce and United Bank of India will combine ..
Amazon launches Military Veterans Employment programme in India
E-commerce major Amazon India has launched a Military Veterans Employment programme in the country to create hundreds of opportunities for military veterans and their spouses across the company’s fulfilment centres. For this noble cause, Amazon India has partnered with the ..
Telangana government signs pact with Google for ‘Digital Telangana’
The Telangana Government has signed a Memorandum of Understanding (MoU) with Google India for ‘Digital Telangana’. The MoU will improve and get more local language content online using Google’s digital publishing tool “Navlekha”. As part of the MoU, Google will ..