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Airtel to expand 4G in six more circles, inks pact with Nokia

Jan 27, 2015

Airtel to expand 4G in six more circles, inks pact with Nokia

Airtel has plans to launch 4G services in Andhra Pradesh, Himachal Pradesh, North East and Punjab by December 2015, Karnataka by February 2016 and Rajasthan by April 2016, sources said. #Business #Rajasthan #Bharti Airtel #Nokia #Punjab #telecom #Andhra Pradesh #Karnataka #CompanyWatch #Himachal Pradesh #North East #4G #Global Mobile Suppliers Association
Max India to split into three to unlock value in insurance

Jan 27, 2015

Max India to split into three to unlock value in insurance

The appointed date for the demerger is 1 April 2015, and the demerger is expected to be completed within the next six to nine months. #Business #Max India #CompanyWatch #Healthcare #Health insurance #Life insurance #Bupa #Max Financial Services #Max Ventures and Industries #Analjit Singh. Mitsui
Ranbaxy forfeits 180 days exclusivity for stomach drugs

Jan 27, 2015

Ranbaxy forfeits 180 days exclusivity for stomach drugs

Esomeprazole is used for treatment of certain stomach and esophagus problems such as acid reflux and ulcers. #Business #Health #CompanyWatch #Ranbaxy #acid reflux #Esomeprazole #Ulcers #Esophagus
Ajay Singh invests Rs 100 cr over weekend, but lessors may hamper SpiceJet revival

Jan 26, 2015

Ajay Singh invests Rs 100 cr over weekend, but lessors may hamper SpiceJet revival

Three different lessors have reportedly stuck to their demand to repossess 11 Boeing 737 aircraft which are currently with SpiceJet because of delays in payment of lease rentals. #Business #Boeing #Aviation #SEBI #FDI #SpiceJet #CompanyWatch #DGCA #Ministry of Civil Aviation #Ajay Singh
Reliance Communications targets Rs 400 cr revenue from cloud space in two years

Jan 23, 2015

Reliance Communications targets Rs 400 cr revenue from cloud space in two years

After tying up with firms like Hitachi, IBM, Polycon and Google during the last three months, the Anil Ambani-led company today announced a partnership with Panasonic for cloud-based video surveillance for enterprises in India. #Business #Google #Anil Ambani #IBM #Reliance Communications #CompanyWatch #Panasonic #Hitachi #Deepak Khanna #Cloud space #Polycon
Vistara to start flying from Goa, Hyderabad by March

Jan 23, 2015

Vistara to start flying from Goa, Hyderabad by March

The airline, which commenced its flight services in the country early this month from three airports -- Delhi, Mumbai and Ahmedabad -- at present operates 68 frequencies per week. #Business #Aviation #Goa #CompanyWatch #Hyderabad #Vistara #Phee Teik Yeoh #Tata-SIA joint venture
Ipca Labs stock tanks 8% on FDA import alert for Ratlam plant

Jan 23, 2015

Ipca Labs stock tanks 8% on FDA import alert for Ratlam plant

The US health regulator has issued import alert on drugs produced at Ipca Laboratories Ratlam in Madhya Pradesh, following which the company has suspended shipment of active pharmaceutical ingredients to the American market. #Investing #Sensex #BSE #CompanyWatch #USFDA #Ipca Laboratories #Ratlam plant
DGCA lifts curb on advance bookings, government clears SpiceJet plan

Jan 23, 2015

DGCA lifts curb on advance bookings, government clears SpiceJet plan

The airline had also submitted a "scheme of reconstruction and revival" for the takeover of ownership, management and control of the airline by the new promoters to the civil aviation ministry for its approval. #Business #Civil Aviation Ministry #SpiceJet #Kalanithi Maran #CompanyWatch #DGCA #Ajay Singh #Sanjiv Kapoor
Alstom bags 65 mn euro contracts from DMRC for Kochi

Jan 22, 2015

Alstom bags 65 mn euro contracts from DMRC for Kochi

As many as 25 Alstom Metropolis trains will circulate on the new Kochi metro line which is 25 km long and includes 22 stations. #Business #CompanyWatch #DMRC #Alstom #Passenger Information Display System
Reliance Industries raises $1 bn via 10-year bond issue

Jan 22, 2015

Reliance Industries raises $1 bn via 10-year bond issue

This is the "lowest coupon ever achieved by an Asia ex Japan corporate issuer in the BBB category for a 10 year issuance with a size of $1 billion or more" the company said in a statement. #Reliance Industries #Bank of America Merrill Lynch #Citigroup #CompanyWatch #HSBC #Standard Chartered #Bond #China Huarong Asset Management