Corporate News

category

Tube Investments Q2 net profit jumps 57 at Rs 90 cr

The company reported standalone net profit of Rs 90.27 crore for the quarter ended September 30, 2019 as compared to Rs 57.16 crore in the same period last year, registering a year-on-year growth o...read more

category

JK Tyres high debtequity ratio could puncture earnings growth euphoria

JK Tyre and Industries Ltd’s shares zoomed 9% on the National Stock Exchange (NSE) on the back of a strong operating performance for the September (Q2 FY20) quarter.

Indeed, the con...read more

category

Dilip Buildcon receives LoA for Rs 972 cr project for construction of dam in Jharkhand

Dilip Buildcon has received letter of acceptance (LOA) for the project Construction of Kharkai Dam at Icha with allcontrol gates and its allied works including civil, Mechanical (with Design of Gat...read more

category

Alembic Pharmaceuticals receives USFDA ANDA approval for Dorzolamide Hydrochloride Ophthalmic Solution

Alembic Pharmaceuticals announced that the Company has receivedapproval from the US Food & Drug Administration (USFDA) for its Abbreviated NewDrug Application (ANDA) for Dorzolamide Hydrochlori...read more

category

Unichem Laboratories receives USFDA ANDA approval for Tramadol Hydrochloride Tablets

Unichem Laboratories has received ANDAapproval from US FDA for Unichem's Tramadol Hydrochloride Tablets USP, 50 mg.to market a generic version of Ultram® Tablets, 50 mg, of JanssenPharmaceu...read more

category

Maithan Alloys features among Forbes Asia 200 Best Under A Billion 2019

Maithan Alloys has been included the Forbes Asia 200 Best Under A Billion 2019 List.

Every year Forbes Asia highlights 200 of the top publicly traded companies in Asia-Pacific which areco...read more

category

NCLT initiates CIRP for Sujana Universal Industries

The National Company Law Tribunal, Hyderabad Bench vide order dated 20 June 2019 has commenced Corporate Insolvency Resolution Process in respect of Sujana Universal Industries under provision of I...read more

category

KDDL infuses Rs 10 99 cr in Ethos

KDDL announced that its material subsidiary, Ethos, has raised funds amounting to Rs 10.99 crore by way of preferential allotment of 376,712 fully paid equity shares of Rs. 10 each at a premium of ...read more

category

BHEL wins order worth Rs 100 cr for 25 MW solar power plant

Bharat Heavy Electricals has won an order for setting up a 25 MW Floating Solar Photovoltaic (SPV) Power Plant on Engineering,Procurement and Construction (EPC) basis, at Simhadri in Andhra Pradesh...read more

category

Tata Steel BSL crude steel production up 7 in Q1

Tata Steel BSL announced that crude steel production in Q1FY20 stood at 1.12 million tons (provisional) compared to 1.05 million tons in Q1FY19. Saleable Steel sales stood at 0.86 million tons (pro...read more

category

Tata Steel India records 20 growth in Q1FY20 production

Commenting on Q1 FY 2020 volumes, Tata Steel announced that global business confidence has dipped sharply in recent months amidst broader economic weaknessand the uncertainty around the ongoing US-...read more

category

Tata Steel update on Q1FY2020 production and sales volumes

Tata Steel announced that crude steel production for Tata Steel India (which includes Tata Steel standalone and Tata Steel BSL) stood at 4.37 million tons for Q1FY2020 (Provisional) compared to 3.6...read more

category

Subex strengthens presence in African markets with partnership with Rhino Niger Networks

Subex announced a strategic partnershipwith Rhino Niger Networks to cater to the digital transformation demands within the African markets. Thispartnership comes at a time when governments across t...read more

category

Indian Overseas Bank gets affirmation in ratings from SP Global Ratings

Indian Overseas Bank announced that S&P Global Ratings has affirmed its 'BB' long term issuer rating and 'B' short term issuer credit rating of the Bank. The ratings have been s...read more

category

Board of Lakshmi Vilas Bank allots 1 68 crore equity shares to Indiabulls Housing Finance

The Board of Lakshmi Vilas Bank has approved the allotment of 1,68,00,000 equity shares of the Bank to Indiabulls Housing Finance by way of preferential issue at an issue price of Rs. 112 per Equit...read more

category

ARSS Infrastructure Projects JV bags order worth Rs 195 42 cr

ARSS Infrastructure Projects announced that its Joint Venture (JV) named 'ARSS-THAKUR (JV)' has secured a work order worth Rs 195.42 crore for 'Track Linking (Excluding Supply of Rails,...read more

category

Tata Teleservices Maharashtra gets ratings revision from CARE

Tata Teleservices (Maharashtra) announced that CARE Ratings has assigned the following ratings for bank facilities of the company -

Long term bank facilities term loan (Rs 1192.50 cr) - C...read more

category

Infosys McCamish Partners with Pan American Life Insurance Group

Infosys McCamish, a US based subsidiary of Infosys BPM and a leading developer of solutions and services in the insurance and financial services industry announced its partnership with Pan-American...read more

category

L T Hydrocarbon Engineering wins large twin contracts from ONGC

L&T Hydrocarbon Engineering, a wholly owned subsidiary of Larsen & Tourbo has won twin orders from Oil & Natural Gas Corporation.

The Engineering, Procurement, Construction, I...read more

category

Alembic Pharmaceuticals receives USFDA approval for ANDA Oseltamivir Phosphate Capsules

Alembic Pharmaceuticals has received approvalfrom the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application(ANDA) Oseltamivir Phosphate Capsules USP, 30 mg (base), 45 m...read more

category

USFDA completes inspection of Caplin Sterile Injectable site at Gummidipoondi

Caplin Steriles, the wholly owned subsidiary of Caplin Point Laboratories, announced that the US FDA has completed inspectionof its Sterile Injectable site at Gummidipoondi between 6 June and 14 Ju...read more

category

Reliance Capital receives Rs 1450 cr through OFS in RNAM

The second Offer for Sale (OFS) announced by Reliance Capitalon 12 June 2019 to sell its 2.86% shareholding in Reliance Nippon Life AssetManagement (RNAM) has received an overwhelming response from...read more

category

Board of Pricol approves divestment of its step down subsidiaries

The Board of Pricol at its meeting held on 15 June 2019 has taken a considered decision to hive off its investment in its wholly owned subsidiary, Pricol Espana S.L. ,Spain, primarily to hive off t...read more

category

Bharat Heavy Electricals wins Rs 800 cr EPC orders for solar power plants

Bharat Heavy Electricals' Solar Photovoltaic (SPV)portfolio has surpassed 1 GW with the company winning two EPC orders for setting upSPV plants with a cumulative capacity of 200 MW.

V...read more

category

Sun Pharma announces interim results from Phase 2 study of ILUMYa

Sun Pharmaceutical Industries announced interim results from a Phase2 study of interleukin-23 (IL-23) inhibitor ILUMYATM (tildrakizumab-asmn) in patients with activepsoriatic arthritis that was pre...read more

category

Birlasoft wins award for its Smart Datacenter Management in Automation category

Birlasoft has been bestowed with an award for the company's distinguished work in'Smart Datacenter Management' in the 'Automation' category, at the 7th Datacenter Summit and Awa...read more

category

Cords Cable Industries gets registered as Approved Vendor for RDSO under Ministry of Railways

Cords Cable Industries has received registration for inclusion in the ”List of RDSO Vendors for Developmental Orders” from Research Designs & Standards Organisation (Government of I...read more

category

KDDL intimates of shifting of store at Pune

KDDL announced that its subsidiary, Ethos, has shifted the operations ofits store at Unit no. 08, First Floor, Pavilion Mall, Pune to the following location:-

Unit no. 32-B,Ground Floor,P...read more

category

European Commission prohibits proposed JV between Tata Steel and thyssenkrupp

Tata Steel announced that the European Commission on 11 June 2019, formally announced its decision to prohibit the proposed European steel joint venture between Tata Steel and thyssenkrupp AG. Both...read more

category

Jaguar Land Rover retail sales drop 12 in May

Jaguar Land Rover retail sales in May 2019 were 42,370vehicles, down 12.2% compared to May 2018.

Higher retail sales of the new Range Rover Evoque and the all-electric I-PACE were offset ...read more

category

Infosys launches Experience Design Innovation Studio in Shoreditch London

Infosys opened its Experience Design & Innovation Studio in Shoreditch, London which will provide a state of the art space for Infosys and its clients to ideate, collaborate and innovate togeth...read more

category

LT Construction bags large orders across various segments

The Construction arm of L&T has secured orders from prestigiousclients across various Indian states for its varied businesses.

Water and Effluent Treatment:
An...read more

category

Board of 7Seas Entertainment appoints director

 

The Board of 7Seas Entertainment at its meeting held on 08 June 2019 has appointed Piduru Raja Sekhar as an Additional Director and as an Independent Director of the Company for a ...read more

category

MOIL gets environmental clearance for additional production in Ukwa mine

MOIL announced that the company is operating underground manganese ore mine at Ukwa in Balaghat Dist. of Madhya Pradesh. Present capacity (EC limit) of this mine is 1,15,000 tonnes per annum.

...read more

category

Eros International PLC announces $20 million buyback program

 

The Board of Eros International PLC on 09 June 2019 has approved a share buyback program of up to $20 million of outstanding common shares. Share repurchases may be made at managem...read more

category

Board of Newtime Infrastructure approves change in directorate

The Board of Newtime Infrastructure has approved the appointment of Parvinder Kapoor (DIN: 03456053) as Non Executive Independent Director of the Company with immediate effect.

The Board ...read more

category

KPIT unveils its New Visual Brand Identity

KPIT Technologies unveiled its new visual brand identity. The new visual identity draws inspiration from KPITs' technology solutions that runsin millions of vehicles around the world. It also r...read more

category

Gravita Indias step down subsidiary in Ghana commences commercial production of lead from new plant

Gravita India announced that its step down subsidiary, Recycler Ghana, situated in Ghana, West Africa has started commercial production ofLead from its new plant having an capacity of around 6000 M...read more

category

Indian Oil BPCL and HPCL form JV for proposed LPG pipeline from Kandla to Gorakhpur

Indian Oil Corporation, Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) have signed an Agreement on 03 June 2019 for formation of a Joint Venture Company for implemen...read more

category

Lava Cast set to merge with Setco Automotive

Lava Cast, an integrated automated foundry and fully-machinedcasting company, is set to merge with its parent company Setco Automotive. Completion of this imminent merger is expected to take place ...read more

category

Board of Sambandam Spinning Mills recommends Final Dividend

 

Sambandam Spinning Mills announced that the Board of Directors of the Company at its meeting held on 26 May 2019, has recommended a Final dividend of Rs.2 per share (i.e.20%), subj...read more

category

Board of Repro India approves decides to merge printing business of subsidiary with itself

 

The board of Repro India at its meeting held on 28 May 2019 has approved demerger of Printing Business of Repro Innovative Digiprint (Wholly owned Subsidiary) into Repro India subj...read more

category

TCI Industries allots 2045 0 NonConvertible Redeemable Preference Shares

 

TCI Industries has issued and allotted 2,045, nos. of 0% Non-Convertible Redeemable Preference Shares (NCRPS) of Face Value of Rs. 100/- (Rupees Hundred only) each at a premium of ...read more

category

Rap Media to hold board meeting

 

Rap Media will hold a meeting of the Board of Directors of the Company on 30 May 2019.

...read more

category

Radford Global to convene board meeting

 

Radford Global will hold a meeting of the Board of Directors of the Company on 30 May 2019.

...read more

category

Uflex to conduct AGM

 

Uflex announced that the Annual General Meeting (AGM) of the company will be held on 1 August 2019.

...read more

category

Board of MSP Steel Power appoints director

 

The Board of MSP Steel & Power at its meeting held on 25 March 2019 has approved the appointment of Suneeta Mohanty (DIN:08398436) as an Additional Director (Non-Executive Inde...read more

category

Glance Finance appoints CFO

 

Glance Finance has appointed Ranjana Auti as a Chief Financial Officer of the Company.

...read more

category

Mahindra and Ford to co develop midsize SUV

Mahindra Group and Ford Motor Company took the next step in strengthening their ongoing strategic alliance in India with a definitive agreement to co-develop a midsize sports utility vehicle (SUV)....read more

category

SKF India chairman resigns

 

SKF India announced that Rakesh Makhija has tendered his resignation as the Chairman and Director of SKF India to be effective from 16 May, 2019 in order to make way for fresh Boar...read more

category

Indsil Hydro Power Manganeses JV bags of solar power project in Oman

Indsil Hydro Power & Manganese announced that Shell Development Oman (an arm of Shell PLC), Sohar Port and Freezone and the Company's JV subsidiary, Al-Tamman Indsil Ferrochrome LLC (ATIFC)...read more

category

L Ts Heavy Engineering arm bags significant contracts

The Heavy Engineering arm of Larsen & Toubro has won significantcontracts for critical reactors, equipment and systems for Process Plant sector, against stiff global competition. Orders from in...read more

category

SpiceJet to add six more Boeing 737s

SpiceJet will induct six more Boeing 737-800 NG aircraft on dry lease. These six aircrafts are in addition to the 16 B737s and 5 Q400s that the airline will soon induct. The total number of planes ...read more

category

Phoenix International has received resignation letter / notice from Baby Kutty vide his mail dated 17 April 2019 from CFO post of the company due to his personal reasons effective from 15 April 2019.

 

Hindustan Oil Exploration Company announced that Sunil Behari Mathur has tendered his resignation as Non-Executive Independent Director & Chairman of the Company effective 17 A...read more

category

Phoenix International CFO resigns

 

 

Phoenix International has received resignation letter / notice from Baby Kutty vide his mail dated 17 April 2019 from CFO post of the company due to his personal r...read more

category

Hindustan Oil Exploration Company appoints director

 

Hindustan Oil Exploration Company has appointed Vivek Rae (DIN: 01866765) as an Additional Director (Non-Executive Independent) & Chairman of the Company w.e.f. 18 April 2019.<...read more

category

Granules India receives USFDA approval for Acetaminophen 650 mg Tablets

Granules India announced that the US FDA hasapproved its Abbreviated New Drug Application (ANDA) for Acetaminophen 650 mg Tablets,Extended Release, bioequivalent to the reference listed drug produc...read more

category

Zydus Cadila gets USFDA final approval for Acetazolamide

Zydus Cadila has received the final approval from the USFI)A to market Acetazolamide forInjection USP (US RLD —Diamox for Injection), 500 mg per single-dose vial. It will bemanufactured at th...read more

category

ICICI Lombard General Insurance Company gets rating affirmation for claims paying ability

 

ICICI Lombard General Insurance Company announced that ICRA has reaffirmed the iAAA rating to the claims paying ability of the company.

...read more

category

PMC Fincorp appoints director

 

PMC Fincorp has appointed Mahavir Prasad Garg as Independent Director of the Company w.e.f 14 February 2019.

...read more

category

Tata Communications appoints Head of Americas

 

Tata Communications has named Pathmal Gunawardana as its Head of Americas. In his new role, Gunawardana will be responsible foraccelerating customer adoption of Tata Communications...read more

category

Ashoka Buildcon JV to execute project for Rail Vikas Nigam in Punjab

Ashoka Buildcon announced that the Company's Joint Venture viz. ABL-STS JV, wherein the Company is Lead Member, has received a Letter of Award from Rail Vikas Nigam ('RVNL'), for the Pr...read more

category

NLC India appoints director

 

NLC India announced that Shaji John has assumed charge as Director (Power) of the Company on 17 April 2019.

...read more

category

BLS International Services gets reaffirmation in ratings for bank facilities

 

BLS International Services announced that CRISIL has reaffirmed the short term ratings for bank facilities (Rs 22.5 crore) at CRISIL A2.

...read more

category

Board of Pilani Investment Industries Corporation appoints directors

The Board of Pilani Investment & Industries Corporation at its meeting held on 17 April 2019 has approved the following -

Appointment of Giriraj Maheswari (DIN: 00796252) as an Indepe...read more

category

Decillion Finance appoints company secretary

 

Decillion Finance has appointed Ishu Maskara as Company Secretary of the Company w.e.f 17 April 2019.

...read more

category

Board of Osiajee Texfab approves change in directorate

 

The Board of Osiajee Texfab has appointed Tanuraj Adhikari (DIN: 08373737) as an Additional Director and accepted the resignation of Vikramjit Singh (DIN: 07496085) from the positi...read more

category

Osiajee Texfab appoints CEO

 

Osiajee Texfab has appointed Lalit Kumar Sarwar (PAN No: GJWPS5263N) as the Chief Executive Officer of the Company with immediate effect.

...read more

category

GRM Overseas partners with MAN Consumer for distribution in UAE

 

GRM Overseas announced that it has formed a strategicalliance with MAN Consumer, one of the fastest growing FMCG distributors in the United Arab Emirates (UAE). This alliancewill e...read more

category

S E Power announces resignation of CFO

 

S E Power announced that Shivang Dave has resigned from the position of CFO of the company with effect from 15 April 2019.

...read more

category

Board of Reliance Industrial Infrastructure recommends Final Dividend

 

Reliance Industrial Infrastructure announced that the Board of Directors of the Company at its meeting held on 15 April 2019, has recommended a Final dividend of Rs.3 per share(i.e...read more

category

Board of Tata Metaliks recommends Final Dividend

 

Tata Metaliks announced that the Board of Directors of the Company at its meeting held on 15 April 2019, has recommended a Final dividend of Rs.3.5 per share(i.e.35%), subject to t...read more

category

Board of Gujarat Hotels recommends Final Dividend

 

Gujarat Hotels announced that the Board of Directors of the Company at its meeting held on 15 April 2019, has recommended a Final dividend of Rs.3.5 per share(i.e.35%), subject to ...read more

category

Future Consumer to hold EGM

 

Future Consumer announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 8 May 2019 .

...read more

category

Advik Laboratories to convene board meeting

 

Advik Laboratories will hold a meeting of the Board of Directors of the Company on 23 April 2019.

...read more

category

Indian Energy Exchange schedules board meeting

 

Indian Energy Exchange will hold a meeting of the Board of Directors of the Company on 26 April 2019.

...read more

category

Mahaveer Infoway to hold board meeting

 

Mahaveer Infoway will hold a meeting of the Board of Directors of the Company on 18 April 2019.

...read more

category

Jayatma Industries announces board meeting date

 

Jayatma Industries will hold a meeting of the Board of Directors of the Company on 22 April 2019.

...read more

category

Security Intelligence ServIndia to table results

 

Security & Intelligence Serv.(India) will hold a meeting of the Board of Directors of the Company on 2 May 2019.

...read more

category

Symbiox Investment Trading Co announces board meeting date

 

Symbiox Investment & Trading Co. will hold a meeting of the Board of Directors of the Company on 22 April 2019.

...read more

category

Savant Infocomm announces board meeting date

 

Savant Infocomm will hold a meeting of the Board of Directors of the Company on 22 April 2019.

...read more

category

Punjab Chemicals Crop Protection schedules board meeting

 

Punjab Chemicals & Crop Protection will hold a meeting of the Board of Directors of the Company on 10 May 2019.

...read more

category

Shree Surgovind Tradelink to convene board meeting

 

Shree Surgovind Tradelink will hold a meeting of the Board of Directors of the Company on 18 April 2019.

...read more

category

Jumbo Bag announces board meeting date

 

Jumbo Bag will hold a meeting of the Board of Directors of the Company on 22 April 2019.

...read more

category

Lakshmi Vilas Bank to conduct board meeting

 

Lakshmi Vilas Bank will hold a meeting of the Board of Directors of the Company on 22 April 2019.

...read more

category

Deepak Fertilizers & Petrochem Corp to convene board meeting

 

Deepak Fertilizers & Petrochem. Corp. will hold a meeting of the Board of Directors of the Company on 22 April 2019.

...read more

category

Jayatma Entrps schedules board meeting

 

Jayatma Entrps. will hold a meeting of the Board of Directors of the Company on 22 April 2019.

...read more

category

Cyient launches solutions for 5G deployment

Cyient has rolled out a portfolio of services and solutions that helpCommunication Service Providers (CSPs) expedite 5G network rollouts globally. The services willnot only help in defining the mig...read more

category

Board of Foundry Fuel Products appoints CFO

 

The Board of Foundry Fuel Products at its meeting held on 15 April 2019 has appointed Vaibhav Bhawar as Chief Financial Officer of the Company w.e.f.15 April, 2019.

...read more

category

Cyient launches solutions for 5G deployment

Cyient has rolled out a portfolio of services and solutions that helpCommunication Service Providers (CSPs) expedite 5G network rollouts globally. The services willnot only help in defining the mig...read more

category

Board of T Spiritual World appoints CFO

 

The Board of T. Spiritual World at its meeting held on 15 April 2019 has approved the appointment of Sushma Rana as the Chief Financial Officer (CFO) and KMP of the Company with im...read more

category

Axis Bank allots 2 62 lakh equity shares

 

Axis Bank has allotted 2,62,772 equity shares of Rs. 2/- each on 15th April 2019, pursuant to exercise of options under its ESOP Scheme. The paid up share capital of the Bank will ...read more

category

Board of Shemaroo Entertainment approves acquisition of 50 stake in Dominiche Productions

 

The Board of Directors of Shemaroo Entertainment at the Board meeting held on 15 April 2019, has inter-alia approved the investment by acquiring 50% stake of Dominiche Productions ...read more

category

Prakash Industries update on scheme of arrangement

 

Prakash Industries announced that it has filed the copy of the NCLT order sanctioning the Scheme of Arrangement between Prakash Industries and Prakash Pipes and their respective sh...read more

category

Kinetic Engineering announces vacation of office of Directors

 

Kinetic Engineering announced the vacation of office of Independent Directors, Sudhir Sanghi and Jinendra Munot with effect from 31 March 2019.

...read more

category

Manorama Industries director resigns

 

Manorama Industries announced the resignation of Kanhaiyalal Badichand Kothari, Independent Director with immediate effect.

...read more

category

Board of Rishabh Digha Steel Allied Products appoints CFO

 

The Board of Rishabh Digha Steel & Allied Products at its meeting held on 14 April 2019 has approved appointment of Kumud Mehta as Chief Financial Officer (CFO) of the Company....read more

category

Jet Airways India director resigns

 

Jet Airways (India) announced the resignation of Rajshree Pathy, (DIN: 0001614) from the Board of Directors of the company with effect from 13 April 2019.

...read more

category

Board of Shemaroo Entertainment approves acquisition of 50 stake in Dominiche Productions

The Board of Directors of Shemaroo Entertainment at the Board meeting held on 15 April 2019, has inter-alia approved the investment by acquiring 50% stake of Dominiche Productions having its regist...read more

category

Jet Airways India director resigns

 

Jet Airways (India) announced the resignation of Rajshree Pathy, (DIN: 0001614) from the Board of Directors of the company with effect from 13 April 2019.

...read more



  Nifty Future Tips

Nifty future is nothing but the index future where the underlying is the S&P CNX Nifty index. In India, index futures trading started in 2000 in NSE. For Nifty futures contracts, the permitted lot size is 50, and in multiples of 50. Like other futures contracts, Nifty future tips contracts also have a three-month trading cycle - the near-month, the next month and the far-month.



Daily News

VIEW ALL
View My Stats