ASHOK LEYLAND BAGS ORDER FOR 300 BUSES FROM BANGLADESH
Posted on 18th August 2018 |
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| Hinduja flagship firm Ashok Leyland on Friday said it had bagged an order from Bangladesh Road Transport Corporation (BRTC) for supply of 300 buses. The order is for double decker buses which have been procured against a tender under Indian Line of Credit, the company said in a statement. The delivery of the buses to BRTC would take place within eight months, the Chennai-based commercial vehicle major said in the statement. “Bangladesh is one of our key export markets and this order further strengthens our position. Winning this order in Bangladesh is yet another testimony of our leadership in the country,” Ashok Leyland managing director Vinod K Dasari said. He further said: “Exports have been a strong focus for us to de-risk from cyclicality in Indian market and to globalise our product portfolio. This is a significant win for us and builds on the strong export growth we had last year. Recently, Ashok Leyland’s UK subsidiary Optare PLC bagged an order for supply of 31 units of ‘electric double-decker’ buses from Transport for London. |
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Hindustan Petroleum Corp enters into a long-term agreement with HMEL
Posted on 22nd September 2018 |
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Hindustan Petroleum Corporation (HPCL) on Friday entered into a long-term agreement with HMEL (HPCL-Mittal Energy) for operations and maintenance of its newly-commissioned bitumen terminal at Bathinda. HMEL recently set up a bitumen blowing unit with a capacity of 550 million tonne per annum different grades of bitumen plant at Guru Gobind Singh Refinery, Bathinda. The agreement is for storing, handling and dispatching the product. |
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Amazon India to soon sell cow urine and dung based soaps, face packs made by RSS-backed centre
Posted on 22nd September 2018 |
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Soaps, face packs, shampoos and medicinal products made from cow urine and dung may soon be just a click away as an RSS-backed centre says it is set to sell these on e-commerce major Amazon India. Deen Dayal Dham, a centre run by the RSS in Farah town of Mathura in Uttar Pradesh, will first put up a dozen products related to health, beauty and apparel on the website for sale, a manger at the centre said. |
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Sensex witnesses flash crash
Posted on 22nd September 2018 |
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Mumbai: The shares of housing finance companies (HFC) and other financial service firms were battered badly on Friday causing a flash crash on the domestic bourses as rumours about default by certain entities amidst rising delinquencies and cost of capital triggered panic selling in the market. |
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Infosys to offer cloud solutions to global enterprises on Google Clouds
Posted on 22nd September 2018 |
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Software major Infosys would offer scalable services and solutions on demand to global enterprises on search engine's Google cloud platform, the IT major said on Saturday. "We are partnering with Google to develop cloud transformation and migration services for enabling enterprises transform their businesses on scalable and on-demand model," said the city-based company in a statement. |
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RIL closes KG-D6 oilfield
Posted on 22nd September 2018 |
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Reliance Industries has permanently shut down its only oilfield (MA field) in the KG-D6 block on the back of dwindling output from the reserve. This was the company’s first foray into oil and gas exploration that began in September 2008 when the field started producing oil. “The MA (D26) field in Block KG-DWN-98/3 (KGD6), which is being operated by RIL as an operator of the joint venture consisting of RIL (60 per cent), BP (30 per cent) and Niko (10 per cent) |
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