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IndusInd Bank reports 62% fall in Q4 net profit

IndusInd Bank has reported results for the fourth quarter and year ended March 31, 2019. The Bank has reported a fall of 62.22% in its net profit at Rs 360.10 crore for the quarter ended March 31, 2019, as compared to Rs 953.09 crore for the same quarter in the ... Read More »

Zee Entertainment Enterprises’ ZEE5 inks pact with Vakrangee

ZEE5, a video on demand website run by Zee Entertainment Enterprises, has entered into partnership with Vakrangee to enable offline subscription of its premium content. The partnership will allow ZEE5 to make its service in 3,504 Nextgen Vakrangee Kendras across the country. With 68% of its Nextgen outlets in Tier-5 ... Read More »

MOIL reports 6% rise in Q4 net profit

MOIL has reported results for fourth quarter and year ended March 31, 2019. The company has reported a rise of 5.72% in its net profit at Rs 135.09 crore for the quarter under review as compared to Rs 127.78 crore for the same quarter in the previous year. Total income ... Read More »

Ramco Cements reports 52% rise in Q4 net profit

Ramco Cements has reported results for the fourth quarter and year ended March 31, 2019. The company has reported a rise of 52.29% in its net profit at Rs 165.37 crore for the quarter ended March 31, 2019 as compared to Rs 108.59 crore for the same quarter in the ... Read More »

KIOCL strengthens on the bourses

KIOCL is currently trading at Rs. 130.85, up by 0.80 points or 0.62% from its previous closing of Rs. 130.05 on the BSE. The scrip opened at Rs. 130.00 and has touched a high and low of Rs. 131.00 and Rs. 130.00 respectively. So far 76 shares were traded on ... Read More »

MTNL slips on losing 12,096 subscribers in March

Mahanagar Telephone Nigam is currently trading at Rs. 8.50, down by 0.06 points or 0.70% from its previous closing of Rs. 8.56 on the BSE. The scrip opened at Rs. 8.50 and has touched a high and low of Rs. 8.75 and Rs. 8.42 respectively. So far 211997 shares were ... Read More »

Karnataka Bank opens 13th regional office at Ahmedabad

Karnataka Bank has opened its 13th Regional office at Ahmedabad on May 21, 2019. Earlier, the Bank had opened its 839th Branch at Nadugodu – Kateel in the state of Karnataka on March 20, 2019. Karnataka Bank operates as a private sector bank. Its products and services include current account, ... Read More »

India Glycols to raise Rs 250 crore through various means

India Glycols has received approval to raise funds not exceeding Rs 250 crore or its equivalent in any other currency, by way of issuance of securities including through public offering/ private placement/ qualified institutional placement or otherwise. The Board of Directors of the Company at its meeting held on May ... Read More »

NMDC creates separate department for global activities

NMDC has created a separate department ‘NMDC Global’ to use international opportunities of acquisition of mineral assets and strategic tie-ups on emerging technologies. The company is also focusing on increasing its geographic foothold globally. The company currently has presence in Australia, Mozambique and Tanzania, and is also looking to diversify ... Read More »

Trigyn Technologies joins as 6th Platinum member of FIWARE Foundation

Trigyn Technologies has joined as the 6th Platinum Member the highest FIWARE membership level of FIWARE Foundation e.V. Trigyn makes now part of the Board of Directors and the Technical Steering Committee to take an active role in the definition and implementation of relevant standards at general and domain-specific levels. ... Read More »