Fidelity Asset Management Company tied-up with Bajaj Allianz Financial Distributors, for distribution of its products.  
 
J.K. Bhagat, CEO, Bajaj Allianz Financial Distributors, and Ashu Suyash, Managing Director and Country Head - India, Fidelity International, signed the agreement.

With this tie-up Fidelity AMC`s funds can now be sold by over 5,500 agents of Bajaj Allianz Financial Distributors (BAFDL). This number is expected to grow significantly as BAFDL increases the number of AMFI-certified agents by training their insurance agency network of more than 30 million agents.
 

Philips Electronics Singapore Pte Limited informed that it has appointed Redington India Ltd, as its direct shipment distributor for Philips range of LCD Monitors for entire India territory.

Under the deal, Redington will import Philips LCD monitors directly for distribution and sale in India through its extensive distribution network. Philips LCD monitors offer three-year on-site warranty support.

Apart from this, Philips Electronics Singapore also has appointed Redington India Ltd as its service provider for Monitors in India.

IVRCL Infrastructures and Projects Limited informed that it has secured five new orders worth Rs 351.21 crore from various firms.  

According to an official release, the first order worth Rs 98.36 crore for the building division has been secured from Andhra Pradesh Industrial Infrastructure Corporation for construction of research buildings complex and providing infrastructure facilities for IGCAEL at Pulivendula, Kadapa Districtrores.

The company has bagged second order worth Rs 79.50 crore from Bangalore Metropolitan Transport Corporation for construction of traffic and transit management centre under JNNURM scheme-package.
 

Country’s largest international bank Standard Chartered Bank has announced the launch of the ‘Smart Credit Gold Overdraft’, a product designed to ensure that customers receive the maximum value fro

State-owned PSU, Bharat Sanchar Nigam Ltd (BSNL) is strengthening its share in rural India.

This time, BSNL has come up with a new scheme for rustic regions of Uttar Pradesh.

Under this novel plan a landline connection will be available at monthly installments of just Rs 20. This scheme is exclusively for those living in rustic areas of Uttar Pradesh.
 
Mr. Rajech Kumar, BSNL general manager for marketing in the state, said, “The upcoming scheme will be exclusively launched in the villages in August.”