Wires & Fabriks gets nod for capacity expansion project

Wires & Fabriks (S.A.) has received an approval for the capacity expansion project to add state-of-art machines, modemisation of existing machines/equipment and new buildings to improve technology/quality, add additional products and optimise capacities at the existing location at Jaipur. The project is expected to be completed in 2021. The Board of Directors of the company … Read more

Grasim Industries reports consolidated net loss of Rs 1,446 crore in Q2

Grasim Industries has reported results for second quarter ended September 30, 2018. The company has reported a net loss of Rs 1,186.66 crore for the quarter under review against net profit of Rs 574.50 crore for the same quarter in the previous year. However, total income of the company increased by 24.94% at Rs 5,400.25 … Read more

MT Educare launches ‘R+ notebook’

MT Educare has launched ‘R+ notebook’. The ‘R+ notebook’ has been designed to give students not just the traditional experience of learning but also enhance the learning method with the help of technology to give students complete guidance and assessment for their studies. MT will be the ‘First In The World’ to innovate and adopt … Read more

GMR Infrastructure’s Q2 consolidated net loss narrows to Rs 219 crore

GMR Infrastructure has reported results for second quarter ended September 30, 2018. The company has reported net loss of Rs 106.62 crore for the quarter under review as compared to net loss of Rs 276.41 crore for the same quarter in the previous year. However, total income of the company increased by 35.68% at Rs … Read more

Palred Technologies gets nod for investment of Rs 3 crore in subsidiary

Palred Technologies has received an approval for investment of Rs 3 crore in subsidiary company i.e., Palred Online Technologies. The Board of Directors of the company at their meeting held on November 14, 2018, approved the same. Palred Technologies is a provider of software solutions for transportation and logistics industry. It offers solutions in the … Read more

Cox & Kings reports 50% fall in Q2 consolidated net profit

Cox & Kings (India) has reported results for second quarter ended September 30, 2018. The company has reported a fall of 9.06% in its net profit at Rs 40.27 crore for the quarter under review as compared to Rs 44.28 crore for the same quarter in the previous year. However, total income of the company … Read more

M&M’s arm launches Jawa, Jawa forty two and Jawa Perak Motorcycles

Mahindra & Mahindra’s (M&M) subsidiary Classic Legends (CLPL) has launched Jawa, Jawa forty two and Jawa Perak Motorcycles under the ‘Jawa’ brand. The Jawa and Jawa forty two break cover as the brand’s new torchbearers, bringing back the classic appeal of Jawa with a retro-cool twist. These modern machines have the authentic Jawa character that … Read more

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