PFC has signed a loan agreement for 200 million euros with German state-owned bank KfW. It is a financial assistance from Government of the Federal Republic of Germany. PFC will lend these funds for development of distribution infrastructure of state-owned companies. The agreement was signed by Rajeev Sharma, CMD, PFC, and Dr Christoph Kessler, Director, KfW Office, India, in the presence of Sanjiv Nandan Sahai, Secretary, Power, Government of India, among others.
SCOPE Director General bags Udyog Rattan Award
Atul Sobti, Director General, Standing Conference of Public Enterprises (SCOPE), has been awarded the Udyog Rattan Award by the Institute of Economic Studies for his immense contribution in the field of economic development of the country. Prior to joining SCOPE, Sobti was the CMD of BHEL.
Mukesh Gupta, Raj Kumar take charge as MDs of LIC
Mukesh Kumar Gupta and Raj Kumar have taken charge as new Managing Directors of Life Insurance Corporation of India. Prior to taking over this charge, Mukesh Kumar Gupta was Executive Director (Personnel). Raj Kumar has also served the corporation in key positions such as Executive Director (International Operations), CEO, LIC Mutual Fund Asset Management Ltd among others.
Airtel Home Broadband gets new brand identity
Airtel has unveiled a new brand identity ‘Airtel Xstream Fibre’ for its home broadband services. All home broadband plans will now be available under the new brand umbrella. The new brand identity reflects the strength of Airtel's future-ready network that offers ultra-fast broadband speeds up to 1Gbps.
Ambika Realcon distributes 1,500 hygiene kits on Diwali
To celebrate Diwali with a social impact, Ambika Realcon distributed 1,500 hygiene kits to women prisoners across all jails in Punjab. The company has also taken initiatives for the repair and construction of new buildings at schools in New Chandigarh. Moreover, Ambika Realcon has been instrumental in sponsoring many camps for the differently abled children.
LPU engineering student bags Rs 42-lakh package by Microsoft
Tanya Arora, a final year B Tech (Computer Science & Engineering) student of Lovely Professional University, Jalandhar, has bagged a Rs 42-lakh job offer by Microsoft. This is among the top offers received by an engineering student in the region for the year 2019. Tanya has been offered the role of software engineer at Microsoft's India R&D Centre in Hyderabad.
HDFC Bank awarded at National CSR Awards
HDFC Bank has been honoured by the Ministry of Corporate Affairs at the 1st National Corporate Social Responsibility (CSR) Awards. The bank received the award for its contribution to the National Priority Schemes in agriculture and rural development categories. These initiatives are part of HDFC Bank Parivartan, the umbrella for all social initiatives at the bank.
Fenesta unveils new range of uPVC windows, doors
Fenesta Building Systems (Fenesta), a division of $1.2-billion DCM Shriram Group, has launched a complete new and high-tech range of uPVC windows and doors to tackle extreme weather conditions and meet the changing needs of Indian consumers. The latest range includes improvised version of uPVC windows which provide complete insulation from rain, wind, noise and temperature. It blocks cold waves, heavy rains and can withstand high-velocity winds of up to 245 kmph.
Hero MotoCorp breaches 25-million units milestone
Hero MotoCorp has crossed yet another milestone in its illustrious journey with its manufacturing facility at Haridwar achieving the unique distinction of surpassing 25 million units in cumulative production. The manufacturing facility, commissioned in April 2008, has achieved the milestone in just over 11 years of operation. The Haridwar facility of Hero MotoCorp is also the world's largest two-wheeler manufacturing plant with an installed capacity to produce 9,500 vehicles per day.
Reliance SMART store inaugurated in Muktsar
Reliance Retail has opened Reliance SMART Superstore in Muktsar. The store provides a one-stop shopping experience by offering a wide range of products under one roof, ranging from grocery, fruits and vegetables, dairy products to kitchenware and homeware etc.
Mahindra Blazo becomes most fuel-efficient truck
Mahindra Truck and Bus has announced that its Blazo range of trucks has become the market leader in terms of mileage within the trucking industry. The Blazo range of trucks has achieved this distinction in just 3 years of its launch and is currently selling at a premium in comparison to other market players. MTB is now consolidating its position with the launch of its BSVI range of products which is well on track.
OCM’s Grado collection launches new range
Grado, the new age brand from the House of OCM, has unveiled its latest range of fabrics. Along with the whopping 5000 SKUs for the festive and winter collection, beautiful blends in fine 140s wool blends and engineered fabrics have been launched in the new collection.
ICICI unveils festive offers on 550th anniv of Guru Nanak
ICICI Bank has launched a host of unique festive offers for its customers to commemorate the 550th birth anniversary of Guru Nanak Dev. The bank is offering up to 55% discount on travel, stay, dining and shopping in Amritsar on its debit and credit cards. The customers will also get an array of benefits on opening an NRI and savings account. The customers are also eligible to get exciting offers on various loans such as home, auto and personal. The offer is valid for the entire month in Amritsar.
Bodycare ropes in Shilpa Shetty as brand ambassador
Bodycare International Ltd has roped in Bollywood actress Shilpa Shetty Kundra as the brand ambassador for its new range of anti-bacterial thermal wear. Through its constant innovation in design and technology, it has helped revolutionise the country's thermal wear and apparel industry over the years. The brand's new range is made of quilt knit technology and comes with silver-based anti-bacterial technology that neutralises odour-causing bacteria and provides lasting freshness.
Chandi Prasad Bhatt conferred with Indira Gandhi Award
The All India Congress Committee organised a function to present the 31st Indira Gandhi Award for National Integration in New Delhi on October 31. The Indira Gandhi Award for National Integration for the year 2017 & 2018 was conferred on Chandi Prasad Bhatt.
Kajaria Ceramics inaugurates exclusive showroom in Pinjore
Kajaria Ceramics has launched ‘Star Showroom’ at Pinjore. The store is spread across 6,000 sq ft and offers a wide range of polished vitrified tiles. Located in the heart of the city, the showroom also offers products from Kerovit — a bathware solutions range by Kajaria.
CT Group holds seminar on ‘Indian economic development’
A national seminar on “Indian Economic Development: Challenges and Opportunities” was organised at CT Group of Institutions, Maqsudan campus, recently. The keynote speaker was Dr Ranjit Singh Ghuman, Professor, CRRID, Chandigarh, and AhsanulHaq, president, Jalandhar Management Association, also spoke on the occasion. Charanjit Singh Channi, chairman, CT Group, and Manbir Singh, managing director, were among those present on the occasion.
Manmohan Singh flags off nine buses for cancer care
Former Prime Minister Dr Manmohan Singh and his wife Gursharan Kaur flagged off nine ultramodern buses for cancer screening and its early detection on the occasion of 550th Parkash Purab of Guru Nanak Devi at Kapurthala House, New Delhi, on October 30. These buses have been stationed at Sultanpur Lodhi for cancer screening pilgrims and will remain there till November 12. This initiative has been taken by UK- based NGO ‘World Cancer Care’
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via Today’s News Headlines
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