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Havells India to launch new range of fans in summer 2019

Havells India will launch new range of fans in the summer of 2019. The products would be offered under two categories i.e. ‘State‐of the‐Art technology range’ and ‘State‐of‐the‐Style range’. The company has showcased first ever range of ‘Intelligent’ fans with unparalleled style quotient. The company has been responsive to the ... Read More »

IDBI Bank’s Q2 net loss widens to Rs 3,602 crore

IDBI Bank has reported results for second quarter ended September 30, 2018. The Bank has reported a net loss of Rs 3,602.49 crore for the quarter under review as compared to net loss of Rs 197.84 crore for the same quarter in the previous year. Total income of the Bank ... Read More »

Tata Power’s arm launches residential rooftop solution in Bhubaneswar

Tata Power’s wholly-owned subsidiary — Tata Power Solar — has launched a complete residential rooftop solution in Bhubaneswar. The residential rooftop solutions are expected to save up to Rs 50,000 annually for 25 years. Tata Power Solar comes with a successful background of executing World’s largest Rooftop at a single ... Read More »

Ujaas Energy gets nod to sell wholly owned subsidiary

Ujaas Energy has received in-principle approval to sell the ‘Eizooba Energy One’, Uganda, wholly owned subsidiary of the Company and authorize the management committee to identify the potential buyer and complete the formalities in this regard. The Board of Directors of the company at their meeting held on November 13, ... Read More »

M&M reports 24% rise in Q2 net profit

Mahindra & Mahindra (M&M) has reported results for second quarter ended September 30, 2018. The company has reported 23.87% rise in its net profit at Rs 1,649.46 crore for the quarter under review as compared to Rs 1,331.57 crore for the same quarter in the previous year. Total income of ... Read More »

Dalmia Bharat Sugar reports 4% fall in Q2 net profit

Dalmia Bharat Sugar & Industries has reported results for second quarter ended September 30, 2018. The company has reported 3.99% fall in its net profit at Rs 35.82 crore for the quarter under review as compared to Rs 37.31 crore for the same quarter in the previous year. Total income ... Read More »

Capacite Infraprojects bags order worth Rs 207.80 crore

Capacite Infraprojects has received contract worth Rs 207.80 crore (excluding GST), from Furien Construction Engineering for civil works for project ‘Delta Hosur Factory Phase- I (Civil, Engineering and Construction)’ located at SIPCOT Industrial Park, Krishnagiri, Tamil Nadu, India with construction period of twelve months. Capacite Infraprojects is a fast growing ... Read More »

Sterlite Tech accelerates digital reinventions with its holistic software solutions

Sterlite Technologies is accelerating digital reinventions with its holistic software solutions that converge the power of data analytics, enhanced customer experiences and programmable networks of the future to drive digital transformations for global telcos. These software-enabled programmable solutions enable communication service providers (CSPs), digital service providers (DSPs), enterprises and citizen ... Read More »

PTC India reports 27% fall in Q2 net profit

PTC India has reported results for second quarter ended September 30, 2018. The company has reported 26.70% fall in its net profit at Rs 95.69 crore for the quarter under review as compared to Rs 130.54 crore for the same quarter in the previous year. However, total income of the company ... Read More »

Hubtown acquires 51% stake in E Commerce Magnum Solution

Hubtown has acquired 1,27,499 equity shares of the face value of Rs 10 per share, in the share capital of E Commerce Magnum Solution (E Commerce), constituting 51% of the paid-up share capital of E Commerce on September 17, 2018. With the said acquisition, E Commerce became a subsidiary of ... Read More »

Mindtree partners with Indian Institute of Science Bangalore

Mindtree has created an endowment focused on Artificial Intelligence research with the Indian Institute of Science Bangalore (IISc), India’s premier public establishment for research and higher education in science. This partnership will facilitate teaching and research for AI in both Data Sciences and Natural Language Processing. This endowment will introduce ... Read More »

Birla Cable reports around 6 fold jump in Q2 net profit

Birla Cable has reported results for second quarter ended September 30, 2018. The company has reported around 6 fold jump in its net profit at Rs 15.72 crore for the quarter under review as compared to Rs 2.66 crore for the same quarter in the previous year. Total income of ... Read More »

PTron launches sweat-proof magnetic Bluetooth earphones ‘InTunes’

PTron, brand owned by Palred Online Technologies which is a subsidiary of Palred Technologies, has launched its ‘InTunes’ – a Sweat-proof magnetic Bluetooth earphones for the Indian consumers. Loaded with some of the best features, InTunes offers finest audio quality and connectivity through its Bluetooth v4.2+EDR as it enables the ... Read More »

Ratnamani Metals bags domestic orders worth Rs 77 crore

Ratnamani Metals & Tubes has received new domestic orders aggregating to around Rs 77.00 crore for supply of CS Pipes for Oil & Gas Sector to be executed between January, 2019 and May, 2019. Ratnamani Metals & Tubes is a multi-location, multi-product company, in India, manufacturing Tubes & Pipes in ... Read More »

Central Bank of India raises Rs 2354 crore from GoI

Central Bank of India has raised Rs 2354 crore by allotting 35,43,57,970 equity shares of the face value of Rs 10 each at the issue price of Rs 66.43 per equity share including premium of Rs 56.43 per equity share determined as per SEBI ICDR Regulations, 2009 to President of ... Read More »