CEAT has now made an investment of second & last tranche by subscribing to 12,741 Compulsorily Convertible Preference Shares, having face value of Rs 1 each summing up to an approximate amount of Rs 3,00,00,000 and thereby acquiring 6.67% of the total share capital of Tyresnmore Online (Target Company). With this investment, the total holding … Read more
Sundaram Finance has reported results for second quarter ended September 30, 2018. The company has reported 0.77% rise in its net profit at Rs 154.31 crore for the quarter under review as compared to Rs 153.13 crore for the same quarter in the previous year. Total income of the company increased by 18.52% at Rs … Read more
Dilip Buildcon has executed the Contract Agreement with Madhya Pradesh Metro Rail, Urban Administration and Development Department, Bhopal (M.P) for Bhopal and Indore Metro Rail Project Phase -I, valued at Rs 247.06 crore and Rs 228.96 crore, Respectively. Dilip Buildcon’s core business is undertaking construction projects across India in the roads and irrigation sectors. They … Read more
Larsen & Toubro’s (L&T) construction arm — L&T Construction has won orders worth Rs 1,329 crore across three business segments. The company’s Water & Effluent Treatment Business has secured Design and Build (D&B) order worth Rs 710 crore from Public Works Authority (ASHGHAL), Qatar for the execution of 30 MLD Industrial Area Sewage Treatment Works … Read more
Majesco has been positioned as a Leader by Gartner in the October 2018 Magic Quadrant for P&C Core Platforms, North America report. Majesco is recognized as a Leader for its completeness of vision and ability to execute. Majesco enables insurance business transformation for approximately 150 insurance customers by providing solutions which include software, consulting and … Read more
Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES) has reported domestic tractor sales of 46,312 units in October 2018, as against 39,516 units during October 2017, registering a growth of 17%. Total tractor sales (domestic + exports) during October 2018 were at 47,376 units, as against 40,562 units for the same period last year. Exports … Read more
PVR Cinemas has opened its first 3-screen multiplex in Jalgaon in the state of Maharashtra on November 2, 2018. With this launch, PVR’s screen count in the state stands at 165 screens in 40 properties augmenting its presence in the Western region of the country to 253 screens in 60 properties. Invoking a sense of … Read more
