Bharti Airtel has bought financial products company YTS Solutions. The acquisition will help in expanding the portfolio of Airtel Money, a mobile wallet, even as the telco awaits the Reserve Bank of India's decision on its application for a payments bank licence.
Bajaj Allianz General Insurance, the general insurance arm of Bajaj Finserv, is tying up with Snapdeal to sell two-wheeler insurance to the growing number of people who are buying motorcy cles from the online marketplace.
Berger Paints has decided to set up two manufacturing units in the north-eastern state of Assam. The company would invest a total of Rs.60 Cr to set up the two plants construction of which would begin in the next financial year. The place selected for the plants are Guwahati and Tejpur.
Wockhardt is recalling over five million bottles of various drugs, used for treating ailments like high blood pressure and ulcer, from the US market due to deviations in current good manufacturing practice norms laid down by the American health regulator.
Hero Motocorp indicated a higher marketing spend in the next two years to make a fresh pitch to international buyers. A plant each in Colombia and Bangladesh, which are expected to be operational this year, will push Hero's international presence.
Strike continues at Nevyeli Lignite as talks fail.
GlaxoSmithKline Pharmaceuticals Ltd (GSK) has decided to invest Rs. 1,000 crore to set up facility to manufacture tablets and capsules.
Electrosteel Steels Ltd (ESL) is likely to get a new promoter by September this year.
Coal India Ltd has said that it produced 156.16 million tonnes (mt) of coal in April-July period and lagged behind the period’s target of 159.07 mt.
Godrej Consumer Products is planning to create specific products and pricing to cater to the rural market.
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