Hindustan Zinc has reported 5.93% growth in its mined metal production at 2,32,000 tonnes in Q2 FY19 as against 2,19,000 tonnes in July-September 2017. During the July-September 2018, the company’s refined lead output grew 28.95% to 49,000 tonnes from 38,000 tonnes in the year-ago-quarter. Besides, the production of silver rose 22.86% to 1,72,000 tonnes as … Read more
Hathway Cable and Datacom is planning to raise funds by issuance of equity shares through one or more methods including further public issue/ ADR/GDR/qualified institutional placement / preferential issue. The Board of Directors of the company at its meeting to be held on October 17, 2018 will consider and approve the same. Hathway Cable and … Read more
L&T Finance Holdings has raised funds worth Rs 250 crore. The Committee of Directors (Committee) has approved allotment of 2,50,00,000 Cumulative Compulsorily Redeemable Non-Convertible Preference Shares (CRPS) of face value of Rs 100 each on a private placement basis to the identified investors. The Committee approved the same on October 12, 2018. L&T Finance Holdings … Read more
Avenue Supermarts has reported results for second quarter ended September 30, 2018. The company has reported 18.16% rise in its net profit at Rs 225.74 crore for the quarter under review as compared to Rs 191.04 crore for the same quarter in the previous year. Total income of the company increased by 38.50% at Rs … Read more
Cyient will be exhibiting at the upcoming Intergeo 2018-a leading global conference for geodesy, geoinformation, and land management. The company will showcase its latest geospatial capabilities around crop monitoring, road health monitoring, and smarter parking maps at the event. With more than 27 years of industry experience, Cyient leverages extensive capabilities to provide end-to-end solutions … Read more
Sun Pharmaceutical Industries is going to invest an additional Rs 200 crore at its Assam plant to augment operations. The company has already invested Rs 700 crore in this manufacturing facility. Besides, the company has inaugurated a new production line at its facility in Palashbari. Sun Pharmaceutical Industries is the world’s fourth largest specialty generic … Read more
Punj Lloyd’s Crude Oil Storage Tanks, designed and constructed by it for Petronas – Malaysia’s national energy company, have been listed in the Malaysia Book of Records. Punj Lloyd was awarded the RAPID Tank Farm order, an Rs 3,515 crore project from PRPC Refinery and Cracker Sdn. Bhd.; a subsidiary under the Petroliam Nasional Berhad … Read more
