ABB India's wind generators cross 4.5-gw mark

ABB India today said that it has delivered wind power generators of 2,000 units to cross the 4.5 GW-mark in generation capacity.
The generators for wind turbines are manufactured in a factory in Gujarat's Vadodara city, which is the fourth such facility in the group.
"We are among the largest manufacturers of wind generators in the country and are privileged to partner the growth of the Indian wind sector, which currently is the fourth largest in the world," chief executive and managing director Sanjeev Sharma said.
............................................................ CII gets new officer bearers for Maha region
Industry lobby CII today elected Rishi Kumar Bagla of OMR Bagla Automative Systems as the chairman of its Maharashtra council for 2017-18. Bagla succeeds Sunil Khanna of Vertiv, while B Thiagarajan of Blue Star is the vice-chairman.

"Our priority will be to showcase 'Brand Maharashtra' through sector specific initiatives, support SMEs through buyer-seller meets, entrepreneurship development for manufacturing and services, promotion of textile, agriculture, tourism sectors," Bagla said.

.............................................................. Federal Bank launches app for deposit accounts
South-based private sector lender Federal Bank has launched an update of its mobile banking application that will help users to open deposit products.
Users will be able to start term deposits, recurring and tax saving deposits, apart from doing hotels and bus bookings through the update. "Demonetisation is attracting more and more customers to our digital channels," said its head of digital banking Sunny KP.

.............................................................. Peninsula claims to have sold flats worth Rs 300 cr in Mumbai
Amidst depressed market conditions realty player Peninsula Land has said it has sold apartments worth Rs 300 crore on a project in central Mumbai's Sewri.
It conducted a soft launch of the show apartments and the prospective buyers took tours for two weeks and presented a cheque of Rs 11 lakh to book a flat, it said in a statement.
However, the price of the apartment was disclosed only later. Over 250 families evinced interest in purchase of which 75 finalised their purchase decision. After the final price disclosure, this amounted to sales of around Rs 300 crore, which the company claimed is a record.

.............................................................. Times Network hires Disney's Gandhi as president for revenue
Media firm Times Network, the broadcast arm of Bennett Coleman & Co, today appointed Nikhil Gandhi as its president for revenue.
His will be responsible to drive growth of profitable monetisation of the entire bouquet of channels. He will report to managing director and chief executive MK Anand, the company said in a statement.
Gandhi comes from Disney India where he was vice-president and head of revenue.