Company Updates

Citrix Eyes To Expand Its Footprint In India

Citrix Systems Inc has declared that it is eyeing to strengthen its footprint in the Indian market, which included transfer of its research and development (R and D) group to a new plant in the city.

Moreover, the company said that it would also add more people to its sales group and launches a new sales office in the Mumbai, Maharashtra.

Mark Templeton, Citrix's Chief Executive Officer (CEO) who opened the new R&D facility, announced the company's growth for the Indian market.

Nissan Motor Sells 1,249 Cars During August

Nissan Motor Sells 1,249 Cars During AugustNissan Motor India has 1,249 cars during the last month, which was up from 22 units sold in August 2009.

Nissan Motor's novel small car Micra made the most of last month's sales (1,182 sales), whereas other models such as Teana, X-trail and 370Z stood at 21, 44 and 2 respectively.

Lumax To Invest Rs 200 Cr To Set Up Two Facilities, R&D Center

Lumax To Invest Rs 200 Cr To Set Up Two Facilities, R&D CenterLumax Industries has announced that it will invest around Rs 200 crore on setting up two facilities and one research & development (r&d) by 2012.

Mr. Anmol Jain, senior executive director of the company made this declaration while lecturing on the sidelines of Automotive Component Manufacturers Association of India (ACMA) summit.

Mahindra Holidays To Invest Rs 250 Cr To Expand Footprint In India, Sri Lanka

Mahindra Holidays To Invest Rs 250 Cr To Expand Footprint In India, Sri LankaMahindra Holidays and Resorts is all set to strengthen its footprint nationwide.

The company's top representative said that it will invest as many as Rs 250 crore on expansion and also establish resorts in the Sri Lankan market.

Sadbhav Infra Ropes In Rs 400 Cr Investment

Sadbhav Infra Ropes In Rs 400 Cr InvestmentFor its wholly-owned arm, the Sadbhav Infrastructure Project Limited (SIPL), infrastructure giant Sadbhav Engineering Ltd has roped in total investment worth Rs 400 crore from The Xander Group and Norwest Venture Partners.

The said investment will offer up Sadbhav Engineering an enhanced opportunity to bid for a range of infrastructure projects.

GSK Consumer Bags USFDA Approval For Naratriptan Hydrochloride Tabs

GSK Consumer Bags USFDA Approval For Naratriptan Hydrochloride TabsPharma giant, GlaxoSmithkline Consumer Healthcare Ltd has declared that it has bagged final nod from USFDA for Naratriptan Hydrochloride tabs.

The company got nod to sell the tablets in the potencies of 2.5mg base and 1mg base.

Naratriptan hydrochloride pills are prescribed by the physician to put control over migraine attacks in grownups with or without aura.

Wipro Inks 5 Year Deal With ArcelorMittal

Wipro Inks 5 Year Deal With ArcelorMittalIT bellwether Wipro Technologies has declared that it has inked a 5-year deal with international steel making major ArcelorMittal with the aim to merge and transfer its messaging systems to the Microsoft Exchange 2010 messaging platform.

JK Tyre Forays Into TN With Rs 1500 Cr Facility

JK Tyre Forays Into TN With Rs 1500 Cr FacilityWith the aim to strengthen its topline, JK Tyre and Industries plans to add up Rs 2,000 crore with the establishment of a new radial tyre facility in Sriperumbudur near Tamil Nadu from fiscal 2012-13 onwards.

The company's top company made this declaration.

Pepsi Introduces New Sugar-Free Soft Drink ‘Pepsi Max’

Pepsi Introduces New Sugar-Free Soft Drink ‘Pepsi Max’Food and beverage giant Pepsi has made announcement about the launching of a new sugar-free cola in the Indian market.

Targeted at the 25-35 year age group, the newly launched cola is named as 'Pepsi Max.'

With the introduction of'Pepsi Max, the soft drinks maker aims to strengthen its market share in India, and to generate a new market section in the soft drink industry.

Kingfisher Commences Delhi-Ludhiana Flight

Kingfisher Commences Delhi-Ludhiana FlightKingfisher Airlines has started a daily direct flight between the national capital and Ludhiana, Punjab.

According to company announcement, Kingfisher Airlines's budget arm, Kingfisher Red, would handle the functioning of the new service.

With the launching of the new service, Kingfisher turns out to be the only private air-carrier to provide Ludhiana service.

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