Bhupendra Singh ChundawatIndian 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
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
Allahabad Bank has reported results for second quarter ended September 30, 2018. The Bank has reported net loss of Rs 1,822.71 crore for the quarter under review, as against net profit of Rs 70.20 crore for the same quarter in the previous year. Total income of the Bank decreased by 12.97% at Rs 4,410.72 crore … Read more
Sundaram Finance has signed an agreement with Ageas International to divest 40% stake in Royal Sundaram for a total consideration of Rs 1,520 crore. Sundaram Finance, headquartered in Chennai, is a leading player in Retail Finance with presence across multiple facets of the Financial Services industry including Vehicle Finance, Home Finance, Mutual Fund, General Insurance … Read more
K M Sugar Mills has received an approval for the investment in Francoise Commerce, not exceeding Rs 12.00 crore. The Board of Directors of the company at their meeting held on November 14, 2018, approved the same. K M Sugar Mills engages in the manufacture and sale of cane sugar in India. Bhupendra Singh ChundawatBhupendra … Read more
Alka Securities has received an approval to initiate investment in a consultancy partnership. The Board of Directors of the company at their meeting held on November 14, 2018, approved the same and has appointed Mahendra Pandey to manage and lead the investment decision as he sees fit. Alka Securities is a stock broking company. The … Read more
JK Lakshmi Cement has reported results for second quarter ended September 30, 2018. The company has reported 40.97% falls in its net profit at Rs 7.81 crore for the quarter under review as compared to Rs 13.23 crore for the same quarter in the previous year. However, total income of the company increased by 9.18% … Read more
