PUNJAB NATIONAL BANK ASKS OFFICIALS TO HELP ACHIEVE DOUBLING FARMERS’ INCOME BY 2022

Punjab National Bank (PNB) has asked its officials to work and contribute in doubling of farmers’ income by 2022. The bank has asked its agriculture officers to close liaise with farmers of their areas to understand their needs, extend timely farm credit and advise them to adopt modern technology to increase the farm productivity. PNB… Continue reading PUNJAB NATIONAL BANK ASKS OFFICIALS TO HELP ACHIEVE DOUBLING FARMERS’ INCOME BY 2022

SYNDICATE BANK STRENGTHENS BANCASSURANCE TIE-UP WITH SBI LIFE INSURANCE: REPORT

Syndicate Bank has reportedly strengthened bancassurance tie-up with SBI Life Insurance by signing a pact for long term association. The move to go in for a long term association comes on the back of an overwhelming response from customers across Syndicate Bank branches, who have embraced SBI Life’s offerings in a big way. Syndicate Bank… Continue reading SYNDICATE BANK STRENGTHENS BANCASSURANCE TIE-UP WITH SBI LIFE INSURANCE: REPORT

SATRA PROPERTIES GETS NOD TO SELL STAKE IN SUBSIDIARY

Satra Properties India has received an approval for sale/ transfer/ disposal of equity stake held in Wholly Owned Material Subsidiary i.e. Satra International Realtors. The Board of Directors of the company at their meeting held on September 5, 2019, approved the same. Satra Properties India is a real estate development company in India and its… Continue reading SATRA PROPERTIES GETS NOD TO SELL STAKE IN SUBSIDIARY

MOTHERSON SUMI SYSTEMS ESTABLISHES MANUFACTURING UNIT AT RAKEZ

Motherson Sumi Systems has established manufacturing unit at the Ras Al Khaimah Economic Zone (RAKEZ). The company is set to produce a broad portfolio of products including wiring harnesses, rear view mirrors for passenger cars, injection moulded products and many more from its RAKEZ manufacturing unit. Motherson Sumi Systems, including its subsidiaries and JVs is… Continue reading MOTHERSON SUMI SYSTEMS ESTABLISHES MANUFACTURING UNIT AT RAKEZ

ESCORTS SHOWCASES INDIA’S FIRST HYBRID CONCEPT TRACTOR AT ESCLUSIVE 2019

Escorts has showcased India’s first Hybrid Concept Tractor powered by fuel and battery both at Esclusive 2019, Escorts’ annual innovation platform. Pioneering the concept, the company is launching this in the range of 70-75 HP which can be boosted up to 90 HP with the help of its hybridization feature. This unique ability in a… Continue reading ESCORTS SHOWCASES INDIA’S FIRST HYBRID CONCEPT TRACTOR AT ESCLUSIVE 2019

HGS HITS $1 BILLION IN RECOVERED PAYMENTS FOR HEALTHCARE SYSTEMS’ TOUGHEST CLAIMS

Hinduja Global Solutions (HGS) has recovered $1 billion in denied insurance payments on behalf of healthcare systems, a major milestone in what are some of providers’ toughest claims. Having strong relationships with both payers and providers, HGS brings unique and in-depth expertise to provider revenue cycle management. To-date, the company has collected more than $3… Continue reading HGS HITS $1 BILLION IN RECOVERED PAYMENTS FOR HEALTHCARE SYSTEMS’ TOUGHEST CLAIMS

JSW STEEL GETS NCLT’S NOD FOR RS 19,700 CRORE TAKEOVER OF BHUSHAN POWER & STEEL

JSW Steel has received National Company Law Tribunal’s (NCLT) nod for a Rs 19,700 crore takeover of Bhushan Power & Steel, capping a two-year insolvency process initiated by lenders to recover unpaid loans. The NCLT approved its bid, which was recommended by a committee of lenders to Bhushan Power and Steel over rival bids by… Continue reading JSW STEEL GETS NCLT’S NOD FOR RS 19,700 CRORE TAKEOVER OF BHUSHAN POWER & STEEL

RIL’S TELECOM ARM COMMENCES JIOFIBER ACROSS 1,600 CITIES IN INDIA

Reliance Industries’ (RIL) telecom arm — Reliance Jio Infocomm (Jio) has commenced JioFiber, its Fiber to the Home service, across 1,600 cities in India. Currently, the average fixed-line broadband speed in India is 25 Mbps. JioFiber, India’s first 100% ALL-FIBER broadband service, will start from 100 Mbps and go all the way up to 1… Continue reading RIL’S TELECOM ARM COMMENCES JIOFIBER ACROSS 1,600 CITIES IN INDIA

BANK OF BARODA SANCTIONS RS 2,000 CRORE FOR BUNDELKAHND EXPRESSWAY PROJECT

Bank of Baroda has sanctioned a loan of Rs 2,000 crore for the ambitious Bundelkahnd Expressway project, as a part of the consortium loan of Rs 7,000 crore.  Bundelkhand Expressway project is one of the core projects of the state government aimed at expediting the socio-financial development of the area. With this initiative, other banks… Continue reading BANK OF BARODA SANCTIONS RS 2,000 CRORE FOR BUNDELKAHND EXPRESSWAY PROJECT

HERO MOTOCORP STARTS DISPATCHING BS-VI COMPLIANT SPLENDOR ISMART 110 BIKES

Hero MotoCorp has started dispatching the first batch of BS-VI compliant Splendor iSmart 110 motorcycles to its dealers for product familiarisation and training purposes. The motorcycle is likely to be commercially launched soon. Hero MotoCorp is an India-based holding company and a two-wheeler manufacturer. The company is engaged in the manufacturing and selling of motorized… Continue reading HERO MOTOCORP STARTS DISPATCHING BS-VI COMPLIANT SPLENDOR ISMART 110 BIKES

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