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BUSINESS

Tech Mahindra to acquire 100% stake in Dynacommerce Holding

Tech Mahindra has received an approval for the proposal to acquire 100% Equity Shares of Dynacommerce Holding BV, Netherlands. The Company through this acquisition will be able to enhance its capabilities in the customer experience layer. Euro 4.39 million is estimated as initial value to be paid for the acquisition ... Read More »

6,000 Direct Cash Transfer For Small Farmers: Minister Piyush Goyal

NEW DELHI:  The government today said a “PM Kisan Samman Nidhi” programme would provide direct income support for small farmers, in one of its widely anticipated announcements ahead of the national election, due by May.”The government has made a historic plan called the PM Kishan programme. Those small farmers who have ... Read More »

Honda has started road-testing the 10-gen Civic for India

2018 Auto Expo witnessed the possibility of the re-introduction of an icon to the Indian market, the Honda Civic. Since then, every car fanatic has been eagerly waiting for the car’s launch. The last iteration of Civic available in the country was regarded as a benchmark in designing, and the ... Read More »

Big Bazaar’s ‘Sabse Saste 5 Din’ ab 20% aur bhi sasta

Udaipur : India’s biggest shopping festival – Big Bazaar’s ‘Sabse Saste 5 Din’ is backwith its exciting offers and discounts.From 23rd to 27th January ‘Sabse Saste 5 Din’ promises to be ‘ab 20% aur bhi sasta’ by giving an additional 20% cashback on shopping of Rs. 3000 and above in ... Read More »

Hindustan Zinc Receives Golden Peacock Award

The company has been conferred with Award in the field of Corporate Social Responsibility… It is a proud moment to share that Hindustan Zinc has received the Golden Peacock Award on Corporate Social Responsibility by the Institute of Directors for its community development programs. The award was presented on 18th ... Read More »

India Ratings downgrades rating of PNB Housing Finance’s NCDs

Credit Rating Agency, India Ratings has downgraded rating of PNB Housing Finance’s Non-Convertible Debentures (NCDs) worth Rs 280 billion to ‘AA+/Stable’ from ‘AAA/RWN’. The NCDs include Rs 10 billion sub-limit for the subordinate debt programme. PNB Housing Finance is a registered housing finance company with National Housing Bank (NHB). They ... Read More »

Apollo Micro Systems enters into agreement with P2M Aviation Sagl

Apollo Micro Systems (AMS) has entered into an agreement with P2M Aviation Sagl (P2M), a company incorporated under the laws of Switzerland. Under this Agreement, both companies shall market and promote Speed Canard Aircraft (Aircraft) across the world. Subsequently, AMS & P2M shall enter into Definitive Agreement pursuant to which ... Read More »

Atul reports 77% rise in Q3 net profit

Atul has reported results for third quarter ended December 31, 2018. The company has reported a rise of 77.13% in its net profit at Rs 116.89 crore for the quarter under review as compared to Rs 65.99 crore for the same quarter in the previous year. Total income of the ... Read More »

Ratnamani Metals bags order worth Rs 200 crore

Ratnamani Metals & Tubes has received new domestic order aggregating to approximately Rs 200 crore for supply of Coated CS pipes for Oil & Gas sector to be completed by October, 2019. Ratnamani Metals & Tubes is a multi-location, multi-product company, in India, manufacturing Tubes & Pipes in Stainless Steel/Exotic ... Read More »

Dhanlaxmi Bank turns black in Q3

Dhanlaxmi Bank has reported results for third quarter ended December 31, 2018. The Bank has reported net profit of Rs 16.90 crore for the quarter under review against net loss of Rs 21.74 crore for the same quarter in the previous year. Total income of the Bank increased by 0.76% ... Read More »

Muthoot Capital Services reports 48% rise in Q3 net profit

Muthoot Capital Services has reported results for third quarter ended December 31, 2018. The company has reported 48.41% rise in its net profit at Rs 23.30 crore for the quarter under review as compared to Rs 15.70 crore for the same quarter in the previous year. Total income of the ... Read More »

USFDA conducts inspection at Alkem Laboratories’ facility at Daman

US Food and Drug Administration (USFDA) has conducted an inspection at Alkem Laboratories’ manufacturing facility located at Daman in the state of Gujarat, from January 14, 2019 to January 18, 2019. After the inspection there were no observation found. Alkem Laboratories is a leading Indian pharmaceutical company with global operations, ... Read More »