Analjit Singh-led Max India to exit healthcare; in search of new horizons

With multiple businesses under its umbrella, Max India is selling its hospitals and health insurance subsidiaries and gearing up to explore fresh avenues.

Hitachi launches new range of smart and expandable inverter AC

Johnson Controls-Hitachi Air Conditioning India, manufacturer of India’s 3rd largest selling air-conditioner brand ‘Hitachi’, recently launched its latest range of energy-efficient and expandable Inverter AC solutions in the capital. With the launch of its all new range of most energy-efficient…

HCL acquires the US-based company Strong-Bridge Envision

HCL completes acquisition of Strong-Bridge Envision IT major HCL Technologies said on Tuesday that its acquisition of US-based Strong-Bridge Envision has been completed. HCL had recently agreed to acquire the Seattle-based company to enhance its digital transformation consulting capabilities. According…

Jet airways grounds another 4 aircraft’s on account of non payment

Jet grounds four more aircraft due to non-payment of amounts to lessors Beleaguered carrier Jet Airways said on Monday it has grounded four more aircraft due to non-payment of amounts outstanding to lessors under their respective lease agreements. Facing the…

Reliance’s East-West Pipeline to be acquired by Brookfield for 13,000 crore

Brookfield Asset Management has said that its India Infrastructure Trust (InvIT) will invest Rs 13,000 crore to acquire Reliance Industries-owned East West Pipeline. The loss-making East West Pipeline was earlier called Reliance Gas Transportation Infrastructure Ltd. Mukesh Ambani-owned Reliance informed…

Baba Ramdev urges Indians to boycott Chinese products

Patanjali asks to boycott ‘Made in China’ products after it blocks UNSC from proscribing Masood Azhar A day after China once again blocked a proposal in the UN Security Council to enlist Pakistan-based Jaish-e-Mohammad chief Masood Azhar as an international…

Vistara authorised to fly Internationally

Vistara authorised to mount international flights Domestic airline Vistara has obtained government approval to launch international flights. It currently operates 730 flights a week to 24 cities in the country using a fleet of 20 single-aisle Airbus A320. Civil Aviation…

New guidelines issued by government for responsible business conduct

Government issues new guidelines on responsible business conduct The Central government on Wednesday introduced new guidelines in line with the United Nations Guiding Principles on Business and Human Rights, which urge companies to be responsible and sustainable. The National Guidelines…

Rakesh Makhija appointed as new chairman of Axis bank

Axis Bank appoints Rakesh Makhija as new Chairman for 3 years Rakesh Makhija, Chairman of SKF India, will take over from current Axis Bank Chairman Sanjiv Mishra, when his term comes to an end on July 17. The bank said…

Scott Eyewear ropes in Anil Kapoor and Sonam Kapoor as brand ambassdors

Sonam and Anil Kapoor: The new faces of Scott Eyewear Spring Summer’19 collection The revolutionary eye wear brand, Scott, is proud to introduce its Spring/Summer 2019 collection in partnership with popular actors, Anil and Sonam Kapoor. Featuring sunglasses and optical,…