The company will use the proceeds to fund its expansion plan and repay debt.
Polaris Financial Technology Ltd , the Chennai-based information technology major which provides products, solutions and services for the financial services sector, has appointed five CEOs, one for for each distinct line of business.
The Mumbai-based firm has lost almost 10 percentage points in market share since 2009-10, even as other brands have fought hard to wrest share away.
The issues unions have been pursuing aggressively include forced suspensions, flexible work conditions, recognition of a union and salary parity for contract workers.
The airline would hire 100 cabin crew for the aircraft.
To develop a series of motorcycles for the 250-500 cc segment
Companies such as Tata Motors, Mahindra & Mahindra, TVS Motor Company, Hero Motocorp, Bajaj Auto and Maruti Suzuki, for whom Sri Lanka is a key export destination, are experiencing a significant slowdown in demand following the import duty hikes, which have made their vehicles very expensive in the island nation.
Analysts say models that recorded healthy demand earlier are now luring customers with discounts and consumer benefit schemes.
Move made to allign its production with sales demand
Even as it is struggling to run its existing plants at half their capacity, due to dwindling sales, Ford India is pressing ahead with its Rs 4,000-crore vehicle and engine plant in Gujarat.
Amid stalled wage renewal talks, union functionary suspended, triggering work stoppage.
Workers at utility vehicle major Mahindra & Mahindra's Nashik facility on Tuesday issuing a notice to the management to go on strike on or after March 11, if their demands for higher wages were not settled by the company.
At present, traders send their cargoes in a container through a feeder vessel to Colombo, where its gets unloaded and again loaded in the mother vessel.
Tata Motors, India's largest car maker by revenue, is exploring the possibility of adding more models to the production line at its Sanand plant in Gujarat.
After suffering from severe exposure to endosulfan for decades, the villagers of Kasargod are finally moving on. But the scars remain, T E Narasimhan finds out.
Industry estimates R-Day sales are eight times the usual for big retailers.
The demand for diesel cars, which account for 58 per cent of passenger vehicle sales in India every month, has seen a steep rise, as manufacturers continue to introduce variants that have diesel engines.
The movie was scheduled for January 10, 2013 at 9.30 pm on Airtel DTH.
Lawsuit issue was a dispute over payment, with GE Capital Aviation Services and Celestial Aviation Trading.
Rajesh Jejurikar had quit M&M to join Zee Entertainment Enterprise.
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