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Infibeam CCAvenue launches pan-India billing service on BBPS

E-commerce solutions provider Infibeam said its unit Avenues India, which operates the payment service CCAvenue, has entered the bill payment service with the launch of a new service BillAvenue.The service has been built atop the Bharat Bill Payment System created by the National Payments Corporation of India, which also

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Strides Shasun says Eris deal to help reprioritize business, lower debt

Pharma major Strides Shasun said it agreed to sell its India branded generics business to Eris LifeSciences Limited for Rs 500 cr in cash."This transaction is the outcome of the company's portfolio reprioritization, to focus more sharply on larger regulated markets," it said.The India branded generics business being divested

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Yes Bank signs distribution agreement for Reliance General Insurance products

Reliance Capital said its subsidiary Reliance General Insurance Company signed an agreement with YES BANK to distribute general insurance products to the customers of YES BANK.YES BANK is India’s 5 th largest private sector Bank with a network of 1040 branches across and will act as a corporate agent of the insurance

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Subramanian Swamy lashes out against threats to Deepika Padukone, Sanjay Leela Bhansali

BJP leader Subramanian Swamy has come out strongly against right wing activists making violent threats against artists involved with the film Padmavati, saying that he could approach the courts if such threats continue."In a democracy, everyone has the right to protest, but making threats against someone is against the

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Cipla launches ashtha inhaler therapy in the US

Pharma giant Cipla Ltd said it received final approval for launching a generic version of Astrazeneca’s Pulmicort inhalation suspension for pediatric asthma in the US.The product is available for shipping immediately, Cipla said.Pulmicort Respules and generic equivalents had U.S. sales of approximately $825M for the 12- month period ending September 2017,

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PVR acquires stake in US luxury theater chain iPic

PVR Limited, India's largest theater chain, said it agreed to acquire a minority stake in US-based luxury restaurant-and-theater company iPic-Gold Class Entertainment, LLC.The US company operates 16 luxury theaters with 121 screens across 10 States in the United States, PVR said.Ajay Bijli, Chairman and Managing Director of PVR, will join the board

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Tata Power, Israeli partner get sonar contract from Indian Navy

Tata Power said its Strategic Engineering Division, along with partner DSIT Solutions Ltd, received a contract to supply Portable Diver Detection Sonar (PDDS) to the Indian Navy.The deal is one of the the largest in the world for such systems, it said.The detection systems will largely be manufactured in

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Hiranandani offers guaranteed rental for Bangalore project for 2 years

As some consumers stay away from making big ticket investments into real estate, developer House of Hiranandani has come up with a 'guaranteed rental' scheme for those buying property at two of its towers at the Devanahalli township in Bengaluru.The company said that, depending on the size of the

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Ahluwalia Contracts wins orders worth Rs 311 cr

Ahluwalia Contracts said it won new construction orders aggregating to Rs 311 cr."New orders worth of Rs. 170.99 Crores for construction of 300 Beds hospital in existing premises of ESIC Hospital Kolkata and worth Rs.140.00 Crores for other construction work," it said.With this, the total order inflow during the

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