The two companies have agreed to jointly explore the opportunity for manufacturing and building capabilities in defence vehicles, aviation and associated areas, defence equipment and armament manufacturing, defence electronics, commercial and naval ships besides Maintenance, Repair and Overhaul (MRO) of military equipment and platforms.
As per a notification issued by the regulator on September 15, banks are now allowed to tie-up with insurers to sell products through their branches.
At the same time, the index provider would also exclude IT firm CMC Ltd from the indices as the firm would merge with Tata Consultancy Services on September 30.
Motorola re-entered the Indian market last year in partnership with Flipkart to sell its portfolio of devices that includes Moto G, Moto E, Moto X and Moto 360 smartwatch.
The Mumbai-based lender will be opening 10 overseas branches within a span of three years and 23 more branches across the country this year.
Prior to joining Marico, Pankaj worked as a partner with Bain & Company's South-East Asia (SEA) and Head of Bain's Consumer Products and Retail, and Healthcare Practices.
The plant outside New Orleans is expected to start producing in the third quarter of calendar 2016, with all of its output already committed to customers, including Incitec's Dyno Nobel arm in the United States and ammonia trader Trammo.
JCHAC India Holdco, a wholly-owned subsidiary of Japanese giant Hitachi Appliances, would acquire the said stake.
The tenders are part of Prime Minister Narendra Modi's ambitious plans to raise solar capacity five fold to 100,000 MW by 2022 to meet India's growing power needs, create jobs and fight climate change without committing to an emission target.
Welspun Corp, which is the flagship arm of the USD 3 billion Welspun Group making steel pipes for the oil and gas sector, will hold 51 percent in the joint venture while the Malaysian partner Wasco, which is a fully-owned subsidiary of WahSeong Corporation, will own the rest, Welspun Group said in a statement.
India's mining sector has been mired in controversy over illegal allocation of resources. Once the world's third-biggest iron ore exporter, the country now imports the steelmaking ingredient due to a court-led crackdown on illegal mining.
The combined company will operate about 200,000 miles of electric lines and 80,000 miles of gas pipelines serving about 9 million customers, making Southern Co the No. 2 US utility by customer count after Exelon Corp.
The company announced its future plans for Indonesia, the third largest two-wheeler market in the world, as a part of its growth strategy and focused international thrust of leading and expanding the global mid-sized motorcycle segment (250-750cc), Royal Enfield said in a statement.
Did you know about a company that has cash more than its market-cap, no debt on its books and has been paying consistent dividend since 1999.
As per the agreement, Lakme will design content and course modules, coach trainers and certify students while Aptech will be responsible for the entire academy operations.
IRCTC Union Bank Prepaid Card was launched in collaboration with the Union Bank of India and the National Payment Corporation of India in May. Till now, the card is used only for rail bookings.
The service will be available to existing as well as non-SBI customers. The app was launched by Finance Minister Arun Jaitley along with Jayant Sinha, Minister of State for Finance and Hasmukh Adhia, Secretary, Department of Financial Services.
The objective of the partnership is to assist industries, traders, importers and exporters in financing their capital requirements at all stages of the supply chain, ranging from post harvest storage to export or import stages, APSEZ and NCML said in a joint release.
The total income during the quarter dropped to Rs 106.95 crore from Rs 316.47 crore in the year-ago period.
During the quarter ended June 30, Ashok Leyland's sales improved by 45 percent to 18,600 units from 12,819 units sold during the same period last year.
Together with Capital Float, eBay hopes to provide its seller-partners with that much needed shot of capital to help them win in a highly competitive market, the companies said in a statement.
The JV is operated through two companies - SBI Cards & Payment Services, which focuses on marketing and distribution of SBI credit cards, and GE Capital Business Processes Management Services that handles the technology and processing needs of SBI Card.
The company's India unit, Walmart India announced the opening of its 21st cash and carry store in the country here and said it is in the process of building pipeline of 40 properties at 40 sites by next year as part of its programme to open 50 more stores by 2020.
In SBI General Insurance, it owns 74 percent while Insurance Australia Group holds the remaining stake. Bhattacharya had earlier said that BNP Paribas Cardiff is interested in increasing its stake by 10 percent to 36 percent, while IAG is keen on raising its stake to 49 percent from the current 26 percent.
"The company on August 11, 2015, acquired 50 percent equity stake in Pramerica Asset Managers Private Limited, the asset management company of Pramerica Mutual Fund, and Pramerica Trustees Private Limited, the trustee for the Pramerica Mutual Fund, from PGLH of Delaware (Prudential)," it said in a BSE filing.