Yearly Archives: 2019

important and strategic announcement by Eris Lifesciences

Jaipur, January 05, 2019: In a first of its kind collaborative initiative in India between a pharmaceutical and medical device company, Eris Lifesciences (BSE: 540596; NSE: ERIS), one of the leading players in the chronic drugs segment and India Medtronic Pvt. Ltd, a wholly owned subsidiary of Medtronic plc (NYSE: MDT), the global leader in medical technology, today announced their …

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Narayan Seva Sansthan launches ‘Symposium Series 2019’ in India

5 th  Jan 2019,Jaipur :Narayan Seva Sansthan – a charitable organization that runs charitable hospitals in the country for Specially-abled people, in particular people with polio and those who are disabled by birth, launches a Symposium Series 2019 in the country. As the first step of this initiative, Narayan Seva Sansthan organized today the visit of US-based Orthopedic Professional Dr. …

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ICICI Bank and Small Business FinCredit India to jointly finance credit to MSMEs

Jaipur 5th  January 2019: ICICI Bank today announced that it has signed a Memorandum of Understanding (MoU) with Small Business FinCredit India Pvt. Ltd. (SBFC), a systemically important Non-Banking Finance Company for entrepreneurs, to jointly provide credit to MSMEs. The partnership has been forged under the aegis of RBI’s circular dated September 21, 2018 that permits banks to engage with …

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Shriram Transport to raise upto Rs. 700 crore through public issue of NCDs

Jaipur, January 05, 2019: Shriram Transport Finance Company Limited, one of the largest asset financing NBFC in the country, with a primary focus on financing pre-owned commercial vehicles is proposing a public issue of upto Rs. 700 crore by issuing Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs. 1,000 each. The company is coming out with its …

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TVS Motor Company posts 6% sales growth in December 2018

Jaipur, January 02, 2019: TVS Motor Company registered a growth of 6% with sales increasing from 256,870 units in December 2017 to 271,395 units in the month of December 2018. Two-Wheeler Total two-wheelers registered a growth of 4% with sales increasing from 247,591 units in December 2017 to 258,709 units in December 2018.  Domestic two-wheeler sales registered a growth of 1% …

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Allahabad Bank and SBI Life Insurance announce a Bancassurance partnership, to make insurance more accessible to consumers across India

Jaipur, January 02, 2019: Allahabad bank country’s premier and oldest nationalised bank and SBI Life Insurance one of the largest private life insurers in India came together and signed a Bancassurance pact, to offer a holistic financial planning solution to consumers. One of the largest Bancassurance partnerships in the country will see 3,238 branches of Allahabad bank across the country …

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Aavas Financiers receives fresh Refinance Assistance of Rs. 400 Crores

Jaipur: 02nd January 2019: Aavas Financiers limited (Aavas), Jaipur based Affordable housing Finance company has received fresh Refinance Assistance of Rs. 400 Crores in addition to the approval of undrawn limit of Rs. 100 Crores pertaining to previous Year, in December 2018. Such refinance assistance will further strengthen liquidity position of the Company, post the successful round of fund raise …

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BSE resolves 191 investors’ complaints against 162 listed companies during the month of December 2018

Jaipur: January 02, 2019: During the month of December 2018, BSE received 133 complaints against 120 companies. In the same period, 191 complaints were resolved against 162 listed companies. These resolved complaints include complaints brought forward from the previous periods.   Type of complaints Complaints received Complaints resolved Against Active Companies Against Suspended Companies Total Against Active Companies Against Suspended …

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