Company Updates

Mittal Eyes BPCL, HPCL Refineries for more Investment in India

Lakshmi MittalSteel magnate Lakshmi N Mittal is considering adopting stakes in two more Indian refineries including

ICICI to Employ over 20,000 Annually

ICICI BankICICI Bank, the country’s second-biggest banking group, plans to hire 20,000-30,000 staff in the current fiscal.

The bank would employ between 75,000 and 1,00,000 direct employees in the coming years. If indirect staffs that comprise insurance agents are added, the bank’s total employee force would be about half-a-million in some years.

KV Kamath, Managing Director and CEO, ICICI Bank said the banking group its realty needs accordingly.

Ashok Leyland to Open More Service Centres in Andhra Pradesh

Ashok Leyland Ltd.Vijayawada: Truck and heavy vehicle manufacturer, Ashok Leyland stated it will establish eight more automotive service centres in Andhra Pradesh.

Vinod K Dasari, Chief Operating Officer, Ashok Leyland said the company instigated its 200th automotive centre at Kodada in Nalgonda zone today to provide superior services to its clients.

L&T To Set Up IT SEZ To Aid Engineering, Shipyard

Larsen & Toubro LimitedA.M. Naik, Chairman & Managing Director of India’s largest engineering power station Larsen & Toubro is not satisfied with hefty orders coming in from the infrastructure and energy segments.

Now, Mr. Naik aspires to build up a big earning stream for the company (L&T) that will foray into SEZ (special economic zone) development for the first time.

Fortis plans to invest 1200 Crore in Rajasthan

Fortis Healthcare has announced its plans to invest over Rs 1,200 crore in Rajasthan in the next 10 years.

Call ISD for just Re 1 from India

MTNLNew Delhi: Through their fixed line phones, now MTNL broadband’s Delhi and Mumbai based customers will be capable of making an ISD call to any part of the world for as low as Re 1 a minute.

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