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BUSINESS

Zen Technologies zooms on the BSE

Zen Technologies is currently trading at Rs. 74.00, up by 4.40 points or 6.32% from its previous closing of Rs. 69.60 on the BSE. The scrip opened at Rs. 72.00 and has touched a high and low of Rs. 76.00 and Rs. 72.00 respectively. So far 3025 shares were traded ... Read More »

Spencers Retail to acquire stake in Natures Basket

Spencers Retail has received approval for acquisition of 100% stake in Natures Basket, a Wholly Owned Subsidiary of Godrej Industries (GIL), subject to approval of the Shareholders of both the Companies. The Board of Directors of the Company at its meeting held on May 17, 2019 has approved the same. ... Read More »

Indian Hotels Company signs Taj hotel in Agra

The Indian Hotels Company (IHCL) has signed Taj branded hotel in Agra. This hotel is owned by Sincere Developers under a management contract by Taj. The hotel is strategically located within walking distance from the Taj Mahal and one of the three UNESCO World Heritage sites in Agra. The hotel ... Read More »

USFDA conducts inspection at Cipla’s Indore facility

The United States Food and Drug Administration (USFDA) has conducted a post-approval inspection at Cipla’s Indore facility from May 13 – 17, 2019. The inspection ended with zero observations. Cipla is a global pharmaceutical company which uses cutting edge technology and innovation to meet the everyday needs of all patients. ... Read More »

Sterlite Technologies launches Digital Software Portfolio for CSPs

Sterlite Technologies has launched ‘Digital Software Portfolio’ a portfolio of digital products that enables Communication Service Providers (CSPs) to go to market faster and offer enhanced and personalised experience to their users. The ‘Digital Software Portfolio’ is now available for the company’s CSP customers globally. This software solutions portfolio includes ... Read More »

HDFC Bank launches secure banking programme in Rajkot

HDFC Bank has launched Secure Banking programme at Rajkot. The initiative is part of HDFC Bank’s ongoing endeavour to create customer awareness about safe banking practices. The programme will be rolled out across 35 branches in and around Rajkot to educate customers and create awareness among general public. HDFC Bank ... Read More »

Arvind reports 42% fall in Q4 consolidated net profit

Arvind has reported results for fourth quarter and year ended March 31, 2019. The company has reported a fall of 7.43% in its net profit at Rs 62.66 crore for the quarter under review as compared to Rs 67.69 crore for the same quarter in the previous year. However, total income ... Read More »

Indian Hotels signs strategic partnership with GIC

Indian Hotels Company (IHCL) has signed a strategic partnership with Singapore’s sovereign wealth fund, Government of Singapore Investment Corporation (GIC) for an investment framework to the tune of about Rs 4000 crore or $ 600 million over a period of three years from May 17, 2019. This capital platform will ... Read More »