Tuesday , July 7 2020
Home / BUSINESS (page 112)

BUSINESS

BPCL reports 16% rise in Q4 net profit

Bharat Petroleum Corporation (BPCL) has reported results for fourth quarter and year ended March 31, 2019. The company has reported a rise of 16.21% in its net profit at Rs 3,124.91 crore for the quarter under review as compared to Rs 2,688.97 crore for the same quarter in the previous ... Read More »

Hulst B.V. hikes stake in NIIT Technologies

Hulst B.V. has acquired 23,879 equity shares with face value of Rs 10 each of NIIT Technologies, on May 20, 2019. After this acquisition, the entity’s stake in the company has increased from 31.65% to 31.68%. NIIT Technologies is a leading global IT solutions organization servicing customers across the Americas, ... Read More »

Indian Terrain Fashions signs MS Dhoni as brand ambassador

Indian Terrain Fashions has signed cricketer MS Dhoni as its brand ambassador. The company is targeting to achieve turnover of Rs 650 crore in the next 3 years and to double its retail network to 300 outlets. Indian Terrain Fashions is engaged in the business of manufacture and sale of ... Read More »

ICICI Bank inks pact to buy stake in INX

ICICI Bank has entered into an agreement with the BSE to buy stake in its subsidiary India International Exchange (INX) for nearly Rs 31 crore. Post the proposed investment, ICICI Bank would have a shareholding of up to 9.9% in INX. ICICI Bank is India’s largest private sector bank by ... Read More »

CCI dismisses complaint against Cipla, BCDA

The Competition Commission of India (CCI) has dismissed a complaint against Cipla and the Bengal Chemist and Druggists Association (BCDA) over alleged non-supply of medicines. While dismissing the complaint, the fair-trade regulator said the complainant tried to give a commercial dispute between him and Cipla a colour of competition issue. ... Read More »

BSE to sell stake of its subsidiary to ICICI Bank

Bombay Stock Exchange (BSE) has entered into an agreement with ICICI Bank to sell stake of its subsidiary–India International Exchange (INX) for nearly Rs 31 crore. Post the proposed investment, ICICI Bank would have a shareholding of up to 9.9% in INX. BSE provides an efficient and transparent market for ... Read More »

United Breweries reports 25% fall in Q4 net profit

United Breweries has reported results for the fourth quarter and year ended March 31, 2019. The company has reported a fall of 25.26% in its net profit at Rs 67.92 crore for the quarter ended March 31, 2019 as compared to Rs 90.88 crore for the same quarter in the ... Read More »

NTPC launches month-long residential workshop at Farakka

NTPC has launched a month-long residential workshop at Farakka for over hundred female students in pursuance of the power major’s countrywide girls empowerment mission. A total of 127 girl students of class VI from 26 neighbouring schools, including six from Jharkhand, are participating in the four-weeks workshop. All the costs ... Read More »

GAIL contributes Rs 5 crore for relief works in cyclone-hit Odisha

GAIL India has contributed Rs 5 crore to Odisha State Disaster Management Authority (OSDMA) as support towards relief and rehabilitation efforts in the state, in the wake of the devastation caused by Cyclone Fani in Odisha. The company has an expanding presence in Odisha where it is constructing the Jagdishpur ... Read More »

PC Jeweller to open new showroom in Haryana

PC Jeweller is opening its new showroom at Sirsa in the state of Haryana on May 25, 2019. The new showroom will be located at Huda Complex, Sirsa. PC Jeweller is engaged in manufacturing jewelry products. It offers gold and diamond jewelry and silver articles. Its products include bangles, bracelets, ... Read More »

IndoStar Capital Finance to raise Rs 10,000 crore via NCDs

IndoStar Capital Finance has received approval for issuance of Non-Convertible Debentures (NCDs) for an amount not exceeding Rs 10,000 crore on private placement basis, in one or more series / tranches during a year. The Board of Directors of the Company at its meeting held on May 20, 2019 has ... Read More »