Editor Heritage Foods is currently trading at Rs. 310.20, up by 3.25 points or 1.06% from its previous closing of Rs. 306.95 on the BSE. The scrip opened at Rs. 308.40 and has touched a high and low of Rs. 312.40 and Rs. 308.35 respectively. The BSE group ‘A’ stock of face value Rs. 5 has … Read more
Back on the big screen after three years; the Housefull franchise returned this weekend with its 4th installment. What makes this film a must watch, is the use of VFX to create an amazing visual spectacle that India must feast on this festive season. Over the past decade, VFX has branched out to newer avenues in the Indian Cinema. … Read more
Cochin Shipyard is currently trading at Rs. 400.00, up by 7.85 points or 2.00% from its previous closing of Rs. 392.15 on the BSE. The scrip opened at Rs. 393.15 and has touched a high and low of Rs. 402.80 and Rs. 386.50 respectively. So far 14527 shares were traded on the counter. The BSE … Read more
Hikal is currently trading at Rs. 115.90, up by 3.85 points or 3.44% from its previous closing of Rs. 112.05 on the BSE. The scrip opened at Rs. 113.00 and has touched a high and low of Rs. 117.20 and Rs. 112.20 respectively. So far 28550 shares were traded on the counter. The BSE group … Read more
Indian Overseas Bank (IOB) has invited bids to sell one of its non-performing asset (NPA) accounts in order to recover dues of over Rs 187 crore. The Kolkata-based borrower Jai Balaji Industries, which is into steel business, has an outstanding of Rs 187.10 crore to the bank. Indian Overseas Bank is a pioneer in many … Read more
Tata Sons, the promoter of major operating companies of the Tata Group, is going to increase its shareholding in Tata Motors to 43.73 percent after the proposed Rs 6,500 crore preferential issue by the automobile manufacturer. Recently, Tata Motors’ board had approved raising of Rs 6,500 crore via preferential allotment of securities to Tata Sons. … Read more
Siemens’ Chennai-based graphics & engineering center of competence (GECC) is planning to double its manpower to 200 engineers over the next two years and develop applications for the global market. GECC Chennai will add talented people as the business expands, growing from the current manpower of 85 people to over 100 by end of this … Read more
Tata Metaliks has reported results for second quarter ended September 30, 2019. The company has reported 50.79% fall in its net profit at Rs 23.39 crore for the quarter under review as compared to Rs 47.53 crore for the same quarter in the previous year. Total income of the company decreased by 5.73% at Rs … Read more
Alembic Pharmaceuticals is currently trading at Rs. 548.05, up by 5.60 points or 1.03% from its previous closing of Rs. 542.45 on the BSE. The scrip opened at Rs. 547.80 and has touched a high and low of Rs. 554.05 and Rs. 546.15 respectively. So far 806 shares were traded on the counter. The BSE … Read more
The Reserve Bank of India (RBI) has imposed a penalty of Rs 1 crore on Bandhan Bank for not bringing down the promoter shareholding to 40 per cent. RBI imposed the penalty on account of failure to pare the shareholding of Bandhan Financial Holding to 40 percent of its paid-up voting capital, within three years … Read more
Central Bank of India has received approval to allot shares on a preferential basis to the government to raise up to Rs 3,353 crore. The capital raising committee of the board of directors at its meeting on October 29, 2019 considered and approved raising of equity capital by issuance and allotment of up to 1,58,38,45,063 … Read more
Lakshmi Machine Works is currently trading at Rs. 3900.00, up by 54.75 points or 1.42% from its previous closing of Rs. 3845.25 on the BSE. The scrip opened at Rs. 3930.00 and has touched a high and low of Rs. 3974.00 and Rs. 3900.00 respectively. The BSE group ‘A’ stock of face value Rs. 10 … Read more
The US markets ended choppy trading session slightly in red on Tuesday as traders seemed reluctant to make significant moves ahead of the Federal Reserve’s highly anticipated monetary policy announcement on Wednesday. Traders took a wait-and-see approach even though the Fed is widely expected to cut interest rates by another quarter point. Some pessimism came … Read more
Indian Hotels Company’s (IHCL) subsidiary — Roots Corporation’s Ginger expands its portfolio with the opening of Ginger Patna, Bihar. This will be IHCL’s first hotel in the state. Ginger Patna is strategically located on Frazer Road at Dak Bungalow, a short distance from the railway station and the airport, amidst the commercial centre of the … Read more
Infosys’ wholly-owned subsidiary – EdgeVerve Systems has been recognized as a leader in The Forrester Wave: Robotic Process Automation, Q4 2019. Forrester included 15 vendors in this assessment who were evaluated against 25 criteria. As per report, EdgeVerve brings a combined product and services approach. Infosys is a global leader in technology services and consulting. … Read more
Majesco is currently trading at Rs. 422.00, up by 5.10 points or 1.22% from its previous closing of Rs. 416.90 on the BSE. The scrip opened at Rs. 425.00 and has touched a high and low of Rs. 426.45 and Rs. 422.00 respectively. The BSE group ‘B’ stock of face value Rs. 5 has touched … Read more
Wonderla Holidays has received an in-principle approval from Board of directors to evaluate setting up of an Amusement Park in Odisha, consequent to an offer from Government of Odisha. The Board of Directors of the Company at its meeting held on October 29, 2019 has approved the same. Wonderla Holidays is India’s biggest amusement park, … Read more
Aon Affinity, a division of Aon Plc., has selected Majesco’s Modern, SaaS-Based P&C Core Suite to fuel the high-growth potential of its business. By replacing complex, legacy applications from multiple products, carriers, programs and channels with Majesco P&C Core Suite on Majesco CloudInsurer combined with Majesco Enterprise Data Warehouse and Majesco Insurance and Data Analytics … Read more
InterGlobe Aviation (IndiGo) has placed a firm order for 300 A320neo Family aircraft. This marks one of Airbus’ largest aircraft orders ever with a single airline operator. This latest IndiGo order comprises a mix of A320neo, A321neo and A321XLR aircraft. This will take IndiGo’s total number of A320neo Family aircraft orders to 730. InterGlobe Aviation … Read more
Wipro is currently trading at Rs. 256.80, up by 1.40 points or 0.55% from its previous closing of Rs. 255.40 on the BSE. The scrip opened at Rs. 256.85 and has touched a high and low of Rs. 257.25 and Rs. 256.80 respectively. So far 4962 shares were traded on the counter. The BSE group … Read more