The December quarter results of infrastructure company Larsen & Toubro Ltd (L&T) were a mixed bag, with both hits and misses.
Indeed, the results negated investors’ primary concerns on order flows, which at ₹41,579 crore were a tad higher year-on-year (yoy) and better th...read more
The bank reported standalone net profit during the quarter stood at Rs 251.05 crore compared to net loss of Rs 1542.54 crore in the previous year quarter. Interest income of the bank rose by 0.15 p...read more
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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.
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
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
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
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
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
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
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
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
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
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.
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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
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
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
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
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
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
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
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
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
Rap Media will hold a meeting of the Board of Directors of the Company on 30 May 2019.
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Radford Global will hold a meeting of the Board of Directors of the Company on 30 May 2019.
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Uflex announced that the Annual General Meeting (AGM) of the company will be held on 1 August 2019.
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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
Glance Finance has appointed Ranjana Auti as a Chief Financial Officer of the Company.
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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
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
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
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
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
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
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
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
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
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
ICICI Lombard General Insurance Company announced that ICRA has reaffirmed the iAAA rating to the claims paying ability of the company.
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PMC Fincorp has appointed Mahavir Prasad Garg as Independent Director of the Company w.e.f 14 February 2019.
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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
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
NLC India announced that Shaji John has assumed charge as Director (Power) of the Company on 17 April 2019.
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BLS International Services announced that CRISIL has reaffirmed the short term ratings for bank facilities (Rs 22.5 crore) at CRISIL A2.
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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
Decillion Finance has appointed Ishu Maskara as Company Secretary of the Company w.e.f 17 April 2019.
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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
Osiajee Texfab has appointed Lalit Kumar Sarwar (PAN No: GJWPS5263N) as the Chief Executive Officer of the Company with immediate effect.
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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
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
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
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
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
Future Consumer announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 8 May 2019 .
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Advik Laboratories will hold a meeting of the Board of Directors of the Company on 23 April 2019.
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Indian Energy Exchange will hold a meeting of the Board of Directors of the Company on 26 April 2019.
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Mahaveer Infoway will hold a meeting of the Board of Directors of the Company on 18 April 2019.
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Jayatma Industries will hold a meeting of the Board of Directors of the Company on 22 April 2019.
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Security & Intelligence Serv.(India) will hold a meeting of the Board of Directors of the Company on 2 May 2019.
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Symbiox Investment & Trading Co. will hold a meeting of the Board of Directors of the Company on 22 April 2019.
...read more
Savant Infocomm will hold a meeting of the Board of Directors of the Company on 22 April 2019.
...read more
Punjab Chemicals & Crop Protection will hold a meeting of the Board of Directors of the Company on 10 May 2019.
...read more
Shree Surgovind Tradelink will hold a meeting of the Board of Directors of the Company on 18 April 2019.
...read more
Jumbo Bag will hold a meeting of the Board of Directors of the Company on 22 April 2019.
...read more
Lakshmi Vilas Bank will hold a meeting of the Board of Directors of the Company on 22 April 2019.
...read more
Deepak Fertilizers & Petrochem. Corp. will hold a meeting of the Board of Directors of the Company on 22 April 2019.
...read more
Jayatma Entrps. will hold a meeting of the Board of Directors of the Company on 22 April 2019.
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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
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
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
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
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
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
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
Kinetic Engineering announced the vacation of office of Independent Directors, Sudhir Sanghi and Jinendra Munot with effect from 31 March 2019.
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Manorama Industries announced the resignation of Kanhaiyalal Badichand Kothari, Independent Director with immediate effect.
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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
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
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
