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BUSINESS

L&T buys stake in Mindtree via open market

Larsen & Toubro (L&T) has bought shares worth about Rs 113 crore of Mindtree through open market transactions. Post this transaction, the company is in fray to buy up to 46 per cent more stake in Mindtree. The company had purchased around 20 per cent stake of V G Siddhartha ... Read More »

Bharti Airtel gets nod for composite scheme of arrangement

Bharti Airtel has received approval for composite scheme of arrangement between Bharti Airtel, Bharti Airtel Services, Hughes Communications India, and HCIL Comtel and their respective shareholders and creditors. The Board of Directors of the Company at its meeting held on May 06, 2019 has approved the same. Bharti Airtel is ... Read More »

VST Tillers Tractors reports sales of 432 tractors in April

VST Tillers Tractors has reported sales of Power Tillers and Tractors for the month of April 2019. The company has sold 289 Power Tillers, while the Tractors sales of the company stood at 432 units for the month ended April 2019. VST Tillers Tractors was incorporated in technical collaboration and ... Read More »

Wipro Gallagher Solutions wins HousingWire Tech100 award

Wipro’s loan origination software solutions — Wipro Gallagher Solutions’ (WGS) NetOxygen LOS has been named a winner of HousingWire’s sixth annual HW Tech100 awards. This award recognizes the most innovative technology companies in the US housing economy, across the real estate and mortgage industries. The number of applicants for the ... Read More »

Capgemini inks alliance partner agreement with Majesco

Capgemini has signed an alliance partner agreement with Majesco. In the agreement, Capgemini will bring its extensive insurance innovation, customer service and digital capabilities to implementations of the Majesco Life & Annuity (L&A) and Group Core Suite for insurance carriers in the life, annuity, group, worksite, and voluntary benefits market, ... Read More »

Dhanuka Agritech launches three new products

Dhanuka Agritech has launched three new products. The company has launched CHEMPA which is an effective, pre and post-emergence herbicide which controls broad leaf weeds, sedges and grassy weeds in paddy. The company launched APPLY, a new technology based systemic and translaminar insecticide to control brown plant hopper. Further, the ... Read More »

L&T gains on buying stake in Mindtree via open market

Larsen & Toubro is currently trading at Rs. 1353.80, up by 2.55 points or 0.19% from its previous closing of Rs. 1351.25 on the BSE. The scrip opened at Rs. 1360.00 and has touched a high and low of Rs. 1360.00 and Rs. 1351.05 respectively. So far 5725 shares were ... Read More »

Wipro trades in green on the bourses

Wipro is currently trading at Rs. 291.70, up by 0.80 points or 0.28% from its previous closing of Rs. 290.90 on the BSE. The scrip opened at Rs. 293.00 and has touched a high and low of Rs. 293.00 and Rs. 291.70 respectively. So far 1614 shares were traded on ... Read More »

Moneyboxx Finance opens branch offices in Rajasthan

Moneyboxx Finance has got its branch offices opened/operational at Behror and Beawar in the State of Rajasthan. Moneyboxx Finance is a Non Deposit taking Non-systemically Important Non Banking Finance Company (NBFC-ND-NSI) engaged primarily in the business of advancing loans and investing/trading in securities. Read More »

AMD Industries shifts manufacturing, operation lines to Neemrana Plant

AMD Industries has shifted all the operation lines and the production capacity of the Ghaziabad unit – situated at Ghaziabad, Uttar Pradesh to its Neemrana Plant located at RIICO Industrial Area, Neemrana, Rajasthan. The consolidated Plant manufacturing lines at its Neemrana Plant will result in better control of the operations ... Read More »

Hindustan Zinc reports 20% fall in Q4 net profit

Hindustan Zinc has reported results for fourth quarter and year ended March 31, 2019. The company has reported a fall of 19.68% in its net profit at Rs 2012 crore for the quarter under review as compared to Rs 2505 crore for the same quarter in the previous year. Total ... Read More »

Asian Oilfield Services’ arm signs contract with Amni

Asian Oilfield Services’ wholly owned subsidiary — Asian Oilfield & Energy Services DMCC, Dubai (Asian DMCC) has signed the contract with Amni International Petroleum Development OML 52 Company (Amni) for upgrade of Amni’s existing production facility under the project contract of EPCC (engineering, procurement, construction and commissioning). The contract is ... Read More »

SpiceJet shines on introducing 12 new flights

Spicejet is currently trading at Rs. 132.45, up by 2.35 points or 1.81% from its previous closing of Rs. 130.10 on the BSE. The scrip opened at Rs. 127.70 and has touched a high and low of Rs. 135.50 and Rs. 127.10 respectively. So far 2659731 shares were traded on the ... Read More »

Tejas Networks rises on the BSE

Tejas Networks is currently trading at Rs. 193.10, up by 1.40 points or 0.73% from its previous closing of Rs. 191.70 on the BSE. The scrip opened at Rs. 190.00 and has touched a high and low of Rs. 197.50 and Rs. 187.45 respectively. So far 24621 shares were traded ... Read More »