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BUSINESS

Vikas WSP launches high resistant Starch Ozonized Wheat Flour

Vikas WSP has launched high resistant Starch Ozonized Wheat Flour (a little more than ORGANIC) for home consumption and export developed by the company with the technical knowhow of University of Nebraska (UNL) Food Innovation Center, Lincoln, USA with an installed capacity of 30000 tons/annum. The product is produced by ... Read More »

Godrej Properties acquires iconic R K Studios’ land in Mumbai

Godrej Properties has acquired iconic R K Studios’ land in Chembur, Mumbai. The company will develop here a mixed-use project housing luxury flats and retail space. Spread on over across 2.2 acres of land, this project will offer approximately 33,000 square meters (about 0.35 million square feet) of saleable area ... Read More »

Bombay Dyeing reports many fold jump in Q4 net profit

Bombay Dyeing & Manufacturing Company has reported results for fourth quarter and year ended March 31, 2019. The company has reported many fold jump in its net profit at Rs 1253.33 crore for the quarter under review as compared to Rs 10.95 crore for the same quarter in the previous ... Read More »

BSE to conduct mock trading session for various segments

Bombay Stock Exchange (BSE) has scheduled a mock trading session for various segments on May 4. The mock trading session will be conducted for equity, commodity derivatives, currency derivatives and equity derivatives segments. The login session for all the segments will start at 09:30 am and last till 10:00 am. ... Read More »

Container Corporation reports 21% rise in Q4 net profit

Container Corporation of India has reported results for fourth quarter and year ended March 31, 2019. The company has reported a rise of 20.70% in its net profit at Rs 352.31 crore for the quarter under review as compared to Rs 291.90 crore for the same quarter in the previous ... Read More »

DIL’s arm gets recognized as ‘Great Place to Work’

DIL’s subsidiary — Fermenta Biotech has been certified as Great Place to Work by a Global authority (Great Place to Work). This recognition is considered as the ‘Gold Standard’ in ‘Employer of Choice’ recognitions. DIL is engaged in the business of research support services through their subsidiary Research Support International ... Read More »

Shreyas Shipping receives insurance claim towards fire incident

Shreyas Shipping & Logistics has received an amount of Rs 30 crore towards settlement of insurance claim due to Fire on SSL Kolkata. Shreyas Shipping & Logistics was formed primarily to own and operate vessels for feedering of containers between Indian Ports and Internationally renowned container transshipment ports. Read More »

Grasim Industries commissions brownfield expansion at Kharach unit

Grasim Industries’ brownfield expansion of 45 TPD Value Added Speciality Fibre capacity at Kharach unit in Gujarat has been fully commissioned and the commercial production at the said plant has commenced from May 01, 2019. Grasim Industries is the flagship company of the Aditya Birla Group. The company’s businesses comprise ... Read More »

Glenmark pharmaceuticals’ arm enters into co-promotion agreement with Otonomy

Glenmark pharmaceuticals’ subsidiary — Glenmark Therapeutics Inc., USA has entered into co-promotion agreement with Otonomy, Inc. a biopharmaceutical company dedicated to the development of innovative therapeutics for neurotology. Glenmark Therapeutics is dedicated to developing and commercializing a franchise of branded products for Glenmark Pharmaceuticals and is focused in the areas ... Read More »