बिजनेस

important and strategic announcement by Eris Lifesciences

Jaipur, January 05, 2019: In a first of its kind collaborative initiative in India between a pharmaceutical and medical device company, Eris Lifesciences (BSE: 540596; NSE: ERIS), one of the leading players in the chronic drugs segment and India Medtronic Pvt. Ltd, a wholly owned subsidiary of Medtronic plc (NYSE: MDT), the global leader in medical technology, today announced their …

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ICICI Bank and Small Business FinCredit India to jointly finance credit to MSMEs

Jaipur 5th  January 2019: ICICI Bank today announced that it has signed a Memorandum of Understanding (MoU) with Small Business FinCredit India Pvt. Ltd. (SBFC), a systemically important Non-Banking Finance Company for entrepreneurs, to jointly provide credit to MSMEs. The partnership has been forged under the aegis of RBI’s circular dated September 21, 2018 that permits banks to engage with …

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Shriram Transport to raise upto Rs. 700 crore through public issue of NCDs

Jaipur, January 05, 2019: Shriram Transport Finance Company Limited, one of the largest asset financing NBFC in the country, with a primary focus on financing pre-owned commercial vehicles is proposing a public issue of upto Rs. 700 crore by issuing Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs. 1,000 each. The company is coming out with its …

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TVS Motor Company posts 6% sales growth in December 2018

Jaipur, January 02, 2019: TVS Motor Company registered a growth of 6% with sales increasing from 256,870 units in December 2017 to 271,395 units in the month of December 2018. Two-Wheeler Total two-wheelers registered a growth of 4% with sales increasing from 247,591 units in December 2017 to 258,709 units in December 2018.  Domestic two-wheeler sales registered a growth of 1% …

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Allahabad Bank and SBI Life Insurance announce a Bancassurance partnership, to make insurance more accessible to consumers across India

Jaipur, January 02, 2019: Allahabad bank country’s premier and oldest nationalised bank and SBI Life Insurance one of the largest private life insurers in India came together and signed a Bancassurance pact, to offer a holistic financial planning solution to consumers. One of the largest Bancassurance partnerships in the country will see 3,238 branches of Allahabad bank across the country …

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Aavas Financiers receives fresh Refinance Assistance of Rs. 400 Crores

Jaipur: 02nd January 2019: Aavas Financiers limited (Aavas), Jaipur based Affordable housing Finance company has received fresh Refinance Assistance of Rs. 400 Crores in addition to the approval of undrawn limit of Rs. 100 Crores pertaining to previous Year, in December 2018. Such refinance assistance will further strengthen liquidity position of the Company, post the successful round of fund raise …

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BSE resolves 191 investors’ complaints against 162 listed companies during the month of December 2018

Jaipur: January 02, 2019: During the month of December 2018, BSE received 133 complaints against 120 companies. In the same period, 191 complaints were resolved against 162 listed companies. These resolved complaints include complaints brought forward from the previous periods.   Type of complaints Complaints received Complaints resolved Against Active Companies Against Suspended Companies Total Against Active Companies Against Suspended …

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SpiceFresh flags off its First Cargo Shipment to Hong Kong & Dubai from Guwahati

Jaipur, December 31, 2018: SpiceXpress today flagged off its first ever SpiceFresh consignment to Hong Kong & Dubai from Guwahati, Assam. Earmarking its foray in to the exports of Mandarins, two flights each consisting of 1000 kilograms of the fruit, took-off from Guwahati to Hong Kong and Dubai. SpiceFresh caters to the shipment of fruits and vegetables to domestic as …

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Essar Steel, Proud Supplier to the ‘Bogibeel Bridge’, India’s Longest Rail-Cum-Road Bridge

Jaipur, 31 December 2018: Essar Steel is amongst the largest supplier of customised high grade heavy plates for the Bogibeel Bridge, which was inaugurated by the Hon’ble Prime Minister of India, Shri Narendra Modi on 25th December 2018. The Bogibeel bridge connects Eastern India, thereby delivering faster turnaround and more opportunities for the development of the region. It is a …

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Deccan Health Care Limited 280th Company to get listed on BSE SME Platform

Jaipur, December 31, 2018: SEBI came out with detailed guidelines on 18th May, 2010 for launching of SME Exchange/Platform. BSE became the first stock exchange to get the approval from SEBI and launch its SME platform on 13th March, 2012. Deccan Health Care Limited became 280th company respectively to get listed on the BSE SME Platform on December 31, 2018. …

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