NHPC reports 20% rise in Q2 net profit

NHPC has reported results for second quarter ended September 30, 2018. The company has reported 19.62% rise in its net profit at Rs 1,218.51 crore for the quarter under review as compared to Rs 1,018.64 crore for the same quarter in the previous year. Total income of the company increased by 19.11% at Rs 2,966.58 … Read more

Precision Camshafts gets nod to grant foreign currency loan to subsidiary

Precision Camshafts has received an approval to grant a Foreign Currency loan of EURO 3,150,000 (i.e approximately Rs 26 crore) to PCL (International) Holdings B.V., Netherlands, a Wholly Owned Subsidiary of the company to meet the funds requirements for strategic investments. The Board of Directors of the company at their meeting held on November 14, … Read more

Wipro’s arm inks pact with Igor

Wipro’s arm Wipro Enterprises’ Consumer Care and Lighting business has inked pact with the US-based smart building solutions’ provider Igor to offer intelligent lighting and smart building devices in the Indian market. Wipro is a leading global information technology, consulting and business process services. The company harnesses the power of cognitive computing, hyper-automation, robotics, cloud, … Read more

Everest Kanto Cylinder gets nod to initiate new business operations in subsidiary

Everest Kanto Cylinder has received an approval to initiate new business operation(s) of High Pressure Water Mist System in Next Gen Cylinder, Subsidiary of the company, subject to necessary regulatory approvals. The Board of Directors of the company at their meeting held on November 14, 2018, approved the same. The Board has also given approval … Read more

Indian Hotels Company eyeing to sell around 10 properties: Report

Indian Hotels Company is reportedly eyeing to sell around 10 properties in the coming three years, in a bid to bring down its debt and fund its future growth. The company is aiming to cut down its consolidated debt by 30% in the next 18 months, mainly through asset monetization. Indian Hotels Company and its … Read more

TCS wins HR Network Scotland National Award 2018 for its IT Futures programme

Tata Consultancy Services (TCS) has won the Corporate Responsibility of the Year Award at the HR Network Scotland National Awards 2018. The awards acknowledge and reward champions of the HR profession in Scotland. TCS received the prestigious accolade in recognition of its IT Futures programme addressing Scotland’s STEM skills shortage. TCS is an IT services, … Read more

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