TCS wins Company of the year award for achievements in Canada

Tata Consultancy Services (TCS) has received the Thomas Bata award for company of the year from the Canada-India Business Council, an organization committed to advancing business, investment and trade opportunities between the two nations. The company was recognized for its exemplary achievements in Canada, most notably the company’s stellar business growth and impressive corporate social … Read more

SREI Infrastructure Finance reports 29% rise in Q2 consolidated net profit

SREI Infrastructure Finance has reported results for second quarter ended September 30, 2018. The company has reported a rise of 7.61% in its net profit at Rs 29.13 crore for the quarter under review as compared to Rs 27.07 crore for the same quarter in the previous year. However, total income of the company decreased … Read more

M&M to increase Marazzo price by up to Rs 40,000 from January

Mahindra & Mahindra (M&M) will increase price of its newly launched multi-purpose vehicle (MPV) Marazzo by Rs 30,000 to Rs 40,000 from January 1, 2019. The Marazzo was launched in September with introductory prices starting at Rs 9.99 lakh and going up to Rs 13.90 lakh, depending on variants. M&M is the flagship company of … Read more

Piramal Enterprises raises Rs 500 crore through NCDs

Piramal Enterprises has raised funds aggregating to Rs 500 crore. The Administrative Committee of the Board of Directors of the company, at its meeting held on November 16, 2018 has allotted 5,000 Secured Redeemable Non-Convertible Debentures (NCDs), having the Face Value of Rs 10,00,000 each, aggregating to Rs 500 crore on private placement basis. These … Read more

Zydus Cadila receives USFDA’s approval for Abacavir & Lamivudine Tablets, Fondaparinux Sodium Injection

Zydus Cadila has received the final approval from the United States Food and Drug Administration (USFDA) to market Abacavir and Lamivudine Tablets USP, 600 mg/300 mg (US RLD- EPZICOM), and Fondaparinux Sodium Injection USP, 2.5 mg/0.5 mL, 5 mg/0.4 mL 7.5 mg/0.6 mL and 10 mg/0.8 mL single-dose (US RLD- ARIXTRA). Abacavir and Lamivudine Tablets … Read more

Welspun Corp bags order for supply of pipes for oil & gas project

Welspun Corp has been awarded a large order for India, from one of its very prestigious clients in North America for supply of 166 KMT of Pipes for an oil & gas project. Additionally, the company has also received orders in Oil & Gas and Water sectors in India. With this, the company’s current order … Read more

Unitech’s net loss widens to Rs 131 crore in Q2

Unitech has reported results for second quarter ended September 30, 2018. The company has reported net loss of Rs 130.88 crore for the quarter under review as compared to net loss of Rs 5.99 crore for the same quarter in the previous year. Total income of the company decreased by 48.80% at Rs 100.04 crore … Read more

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