SBI ties up with FMCG arm of Art of Living

The State Bank of India (SBI) has announced a strategic partnership with the FMCG arm of The Art of Living — Sri Sri Tattva. Under this partnership, YONO users can avail a discount of 15% on the entire range of ..

Y C Deveshwar, noted industry leader and ITC Chairman, passes away

Y C Deveshwar (72), the noted industry leader and ITC Chairman, has passed away in Gurugram on May 11, 2019. He was India’s longest serving CEO and had received the India’s third-highest civilian award ‘Padma Bhushan’ in 2011. Deveshwar took ..

Rakesh Sharma elected as Vice-President of Geneva-based International Motorcycle Manufacturers Association (IMMA)

Bajaj Auto Executive Director Rakesh Sharma has been elected as Vice-President of Geneva-based International Motorcycle Manufacturers Association (IMMA) at Yogyakarta, Indonesia. Sharma is a representative of the Society of Indian Automobile Manufacturers (SIAM). IMMA represents the manufacturing industry of powered ..

UDS acquires Majority Stake In Matrix Business Services

UDS, which is a facilities management provider has acquired a majority stake in Matrix Business Services, which operates in the business assurance and background verification segment. This acquisition includes buying out the entire 19.77% stake of Kotak Mahindra Investments and ..

Wipro acquires Filipino personal care firm ‘Splash’

Wipro Consumer Care and Lighting (WCCL) has acquired the Philippines-based personal care maker Splash Corporation for an undisclosed amount to enter the country which has a consumer base of around 100 million. The acquisition strengthens Wipro’s consumer care portfolio in ..

NCLT has approved the merger of IndusInd Bank with Bharat Financial Inclusion

NCLT (National Company Law Tribunal) has approved merger of IndusInd Bank with Bharat Financial Inclusion (BFIL), a microfinance company. The merger is expected to complete within 2-4 weeks. Last year, IndusInd Bank received ‘No Objection’ from Reserve Bank of India, ..