Sahara Force India confirmed Sergio Perez, the 25-year-old Mexican for the 2016 season. Serigo Perez has maintained his image as one of the most exciting drivers on the grid since his joining the team in 2014. The extension is a great opportunity for Sergio as well as the team to move forward and build on […]
Punj Lloyd enters T&D sector by winning projects from Power Grid Corp
Punj Lloyd has won two projects worth Rs 488 crore which are its gateways to enter in Power Transmission and Distribution sector. These undertakings have been taken from Power Grid Corp. It brought about 8% increase in Punj Llyod’s shares on Wednesday and its hit Intraday high of Rs 27.25 for each offer. These T&D […]
The Plaza Hotel owned by Sahara Group – Top Ranked hotel for Super Rich
As per the survey conducted by The Wealth Intelligence Company, New World Wealth, The iconic Sahara Group‘s Plaza Hotel of New York is the top-most hotel rated by the super rich of the world. The hotels were ranked on the basis of votes by the multi-millionaires over the past 12 months. The survey included wealthy […]
PM Modi vowed the tech crowd at Silicon Valley, says US media
Prime Minister Narendra Modi has grabbed the attention of the whole world with his interactions with tech experts of Silicon Valley. The PM has got a pride of place by US media and a rockstar-like reception by the Indian diaspora at California. The New York Times said that Modi had conquered the tech Mecca. In […]
Aramex may build Logistics Parks in Egypt
Aramex recently confirmed that it is already in advanced talks with Orascom Telecom Media and Technology (OTMT), in order to build logistics areas in Egypt. Aramex is a Dubai based company involved in transportation, logistics and courier services and OTMT is an Egypt based telecommunications company. OTMT is keenly interested in building five logistics parks […]
Loan recast boost: Bhushan Steel stock hits 20% upper circuit in lacklustre market
Shares of debt-laden Bhushan Steel was frozen at the upper limit of 20 percent in early trade Thursday, after the company post-market hours Wednesday received lenders’ approval for long-term restructuring of about Rs 30,000 crore loans under a scheme of Reserve Bank of India. The Joint Lenders Forum (JLF) has agreed to extend the loans […]
Visa Steel up 20%, to invoke strategic debt restructuring
Shares of Visa Steel climbed nearly 20 percent intraday Wednesday after the company’s decision to invoke strategic debt restructuring. “Lenders of the company in its Joint Lenders Forum (JLF) meeting, on September 22, have decided to invoke strategic debt restructuring (SDR),” says the Kolkata-based mineral and metals company. According to RBI circular dated June 8, […]
Reliance Jio patience paid off
It is well said that fruit of patience is sweet. Sometimes delay also plays the part of being patient. One can assure the same by looking at the recent disclosure by technology head of Reliance Industries Jyotindra Thacker, that the company was waiting for LTE devices to become pocket friendly for Indian masses. It resulted […]
Micromax interested in setting up a manufacturing unit in Odisha
After signing the deal with Andhra Pradesh government to set up a manufacturing unit in the state, Micromax is in advanced talks with Odisha Government regarding same to be done in that state. One of the co-founders of Micromax, Rajesh Aggarwal visited the state to explore possibilities of setting up a unit there. The officials […]
Micromax to target huge market share with its Micromax Yunique 4G
Micromax Yunique is the smart phone option to be given by Micromax, with unique features including 4G. It is the cheapest 4G smart phone which will be catering the needs of majority of people. Yunique is being sold in a tie up with Snapdeal at Rs 4,999. Rahul Sharma is the co-founder of Micromax and […]