Ceat Ltd, an Indian tyre manufacturing company, said that its board of directors have sanctioned an investment of INR12.05 billion ($160 million) for a greenfield factory in Chennai. The tyre manufacturer said that the board had unanimously approved the investment for boosting the capacity of truck bus radial (TBR) at the plant. The expansion will […]
Kalyan Jewellers will open 14 new showrooms on 24 April 2021 across seven states as part of its plans to boost its retail presence by 13% in the first quarter. The Indian jewellery retailer said that it will look to scale up existing operations in the tier-1 cities apart from focusing on the tier-2 and […]
ICICI Bank has launched Namma Chennai Smart Card – a Common Payment Card System (CPCS) created in partnership with the Greater Chennai Corporation (GCC) and Chennai Smart City (CSCL). The Namma Chennai Smart Card is said to give a one-stop solution for citizens to make various types of payments within Chennai city and beyond. The […]
Bisleri International, an Indian mineral water brand, has entered into a partnership with online delivery partner Zomato and delivery app Dunzo for providing doorstep delivery of Bisleri products to consumers across India. The tie-up with the delivery service providers marks an extension of Bisleri’s Direct-to-home campaign to enable the uninterrupted supply of Bisleri mineral water, […]
Embassy Group, an Indian real estate developer, will invest Rs 1,000 crore to develop six co-living properties in major cities in India under the brand Olive by Embassy. The Bengaluru-based real estate developer has announced a new company called Olive to develop co-living spaces for working professionals and students. The co-living properties will have custom-made […]
XCMG, a Chinese multinational heavy machinery manufacturing company, has introduced three new excavators designed especially for the Indian market. Launched in Chennai, India, the XE80C, XE104I, and XE125C models will be able to perform in the high temperatures and humid working conditions. The energy-efficient XE80C excavator features an engine with all-new load sensing hydraulic system […]