USTDA, IndianOil join hands for cleaner fuels

New Delhi

The US Trade and Development Agency (USTDA) and IndianOil will jointly work to explore cleaner fuels. The USTDA has awarded a grant to IndianOil to analyse options for optimising its refining operations to produce cleaner fuels, which will help the company improve efficiencies and reduce emissions at its refineries, as well as meet environmental standards. tns

New Delhi
LeEco to increase manufacturing capacity

Global internet and technology conglomerate, LeEco is planning to increase its smartphone manufacturing facility in Greater Noida. By the end of 2016, it plans to have two production lines that will produce 2,00,000 units on a monthly basis. Currently, it has a capacity to make close to 60,000 phones per month. Tns

Chandigarh
Sonalika unveils ‘Solis 120’ at Ludhiana

Sonalika International Tractors Limited has unveiled India’s first indigenously developed 120HP tractor — ‘Solis 120’ — for global market. The tractor was showcased at PAU Kisa Mela held in Ludhiana recently. Tns

New Delhi
Coal India buyback offer to open on Oct 3

The share buyback programme worth Rs 3,650 crore of Coal India would open on October 3. The state-owned company informed about the “Letter of Offer” in a BSE filing. SBI Capital Markets is the manager to the buyback offer that closes on October 18. pti

New Delhi
ICICI Bank hits 1 lakh registrations on UPI

ICICI Bank on Tuesday said it has reached the milestone of registering one lakh virtual payment addresses (VPA) on Unified Payments Interface (UPI), within three weeks of its launch. Pti