JSW Steel acquires 60% stake in DMMPL

JSW Steel has acquired an aggregate of 60.004% of the share capital of Dolvi Minerals and Metals Private (DMMPL), a company engaged in the business of acting as traders, whole-sellers and retailers in all forms of metallic and non-metallic minerals, which includes coal and lignite, coal products and iron steel products, from the existing investors … Read more

Infosys’ arm collaborates with R3 for blockchain solutions

Infosys’ fully owned product subsidiary — Infosys Finacle, part of EdgeVerve Systems and R3 has partnered to collaborate on blockchain solutions. This partnership will enable banks to easily access and deploy Finacle’s blockchain solutions on Corda, R3’s open-source blockchain platform. Finacle will initially have two solutions available on the Corda platform – Finacle Trade Connect … Read more

DCM Shriram starts additional commercial production at Rajasthan plant

DCM Shriram has started additional commercial production of 168 TPD in Chlor-alkali plant at Kota (Rajasthan), on October 22, 2018. DCM Shriram is engaged in the business of fertilizer, sugar and caustic soda. Bhupendra Singh ChundawatBhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes … Read more

Bajaj Finserv reports marginal rise in Q2 consolidated net profit

Bajaj Finserv has reported results for second quarter ended September 30, 2018. The company has reported over 2-fold jump in its net profit at Rs 291.59 crore for the quarter under review as compared to Rs 116.04 crore for the same quarter in the previous year. Total income of the company also reported over 2-fold … Read more

Aksh Optifibre commissions FRP manufacturing facilities in China

Aksh Optifibre has successfully commissioned its FRP manufacturing facilities in China. With this, the company is on the verge of completing all its announced capex, except Dubai Optical Fibre plant, which is also due to get completed within the stipulated timeframe. Aksh Optifibre is engaged in the production of a variety of cables such as … Read more

TVS Motor logs 13.6% growth in overall two-wheeler sales in Q2FY19

TVS Motor Company has reported 13.6% growth in overall two-wheeler sales of the company including exports during the quarter ended September 2018. The company’s two-wheeler sales stood at 10.49 lakh units in Q2FY19 from 9.23 lakh units in Q2FY18. Motorcycle sales grew by 14.9% to 4.20 lakh units in the quarter ended September 2018 from … Read more

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