Aurionpro Solutions’ wholly owned subsidiary — Aurionpro Solutions Pte., — has entered into an agreement for acquisition of majority stake (51%) in SC Soft Pte. (SC Soft) a Singapore headquartered Automated Fare Collection (AFC) and smart city solution provider. The company will make investment in tranches by subscribing to the ... Read More »
Lemon Tree Hotels has signed a License Agreement for a 70 room property located near BKC, Mumbai under the Company’s brand ‘Lemon Tree Hotel’. The Hotel is expected to be operational by June, 2019. Carnation Hotel, the hotel management arm of the Company will be operating and marketing this Hotel. ... Read More »
Adani Green Energy has incorporated a wholly-owned subsidiary company Adani Wind Energy (TN) on October 15, 2018. The object of the acquisition is to undertake business of generation of electricity from renewable sources of energy. Adani Green Energy builds, owns and operates power plants powered by renewable sources of energy ... Read More »
Innovative Ideals and Services (India) has received ‘GoGlobal Business Excellence Award’ organised by Shine GoGlobal Company, Singapore a platform where SMEs meet Investors Providing Effective connections and Value-added funding sources held on October 13, 2018 in Malaysia. Innovative Ideals and Services (India) started its business as a proprietorship firm trading ... Read More »
Infosys has reported results for second quarter ended September 30, 2018. The company has reported a rise of 8.38% in its net profit at Rs 3,879 crore for the quarter under review as compared to Rs 3,579 crore for the same quarter in the previous year. Total income of the ... Read More »
IIFL Holdings’ subsidiary — IIFL Home Finance has raised Rs 1,000 crore from National Housing Bank (NHB) and another $50 million from State Bank of India through External Commercial Borrowing (ECB) route. IIFL Home Finance is one of the first borrowers under the Reserve Bank of India’s revised norms for ... Read More »
PTron, brand owned by Palred Online Technologies which is a subsidiary of Palred Technologies, has launched latest portable bluetooth speaker ‘Quinto’. It is a retro-looking wooden speaker offering loud and clear quality sound. PTron Quinto is an ultimate combination of retro design and rich sound in wooden-build. It includes precisely ... Read More »
Federal Bank has reported results for second quarter ended September 30, 2018. The Bank has reported a marginal rise of 0.89% in its net profit at Rs 266.04 crore for the quarter under review as compared to Rs 263.70 crore for the same quarter in the previous year. Total income ... Read More »
Talbros Automotive Components has received “Company of the Year – Auto Components” award from Zee Business. The award function was to celebrate the success of home-grown innovative businesses and acknowledge the achievements of the top performers from India business. Talbros Automotive Components, the flagship manufacturing company of the Talbros Group ... Read More »
After recording 100% placement for its first batch, Maruti Suzuki’s Japan-India Institute for Manufacturing (JIM) at Ganpat University in Mehsana, Gujarat has welcomed its second batch of 362 students. JIM is set up and managed by Maruti Suzuki at Ganpat University. It is a part of a joint initiative between ... Read More »
DQ Entertainment (DQE) has signed new broadcast and licensing agreements for its globally popular property The Jungle Book that will see the Mowgli and his Jungle Friends swing into the American market by launching in Sinclair Broadcast Group’s children’s Channel KidsClick this year. The highly successful and much loved animated ... Read More »
Tata Communications and the European Tour have completed the world’s first test of live 360 degree video in 8K Ultra High Definition the highest resolution in digital television. The groundbreaking technology test at Sky Sports British Masters shows how the most immersive 360 degree video and virtual reality (VR) applications ... Read More »
Creative Eye has stepped up further and widening its business operations in southern market by launching a mega mythological TV serial. The company has launched a new TV serial ‘Sri Vishnu Dasavatharam’ on Zee Kannada on October 15, 2018 which will be telecasted every Monday to Friday and subsequently it ... Read More »
Reliance Industrial Infrastructure (RIIL) has reported results for second quarter ended September 30, 2018. The company has reported 21.93% fall in its net profit at Rs 2.10 crore for the quarter under review as compared to Rs 2.69 crore for the same quarter in the previous year. However, total income ... Read More »
South Indian Bank has reported results for second quarter ended September 30, 2018. The Bank has reported over 16 fold jump in its net profit at Rs 70.13 crore for the quarter under review as compared to Rs 4.32 crore for the same quarter in the previous year. Total income ... Read More »
Tata Consultancy Services (TCS) has won 11 Stevies at the 2018 Great Employers Awards. TCS was recognized with five Gold Stevies, two Silver Stevies, and four Bronze Stevies for achievements in India, United States, and Canada. The awards are a recognition of TCS’ HR practices focused on attracting the best ... Read More »
Westlife Development, owner of the master franchisee of McDonald’s restaurants in West & South India through its subsidiary Hardcastle Restaurants (HRPL) has launched whole wheat buns. With this launch, McDonald’s has taken its commitment to offer wholesome and nutritious food a notch higher. McDonald’s will now offer its exemplary burgers ... Read More »
Indiabulls Housing Finance has reported results for second quarter ended September 30, 2018. The company has reported a rise of 16.10% in its net profit of Rs 933.26 crore for the quarter under review as compared to Rs 803.83 crore for the same quarter in the previous year. Total income ... Read More »
Delta Corp has reported results for second quarter ended September 30, 2018. The company has reported over 2-fold jump in its net profit at Rs 63.51 crore for the quarter under review as compared to Rs 29.95 crore for the same quarter in the previous year. Total income of the ... Read More »
Satin Creditcare Network is planning to issue Non-Convertible Debentures (NCDs) up to the amount of Rs 40 crore through Private Placement. The meeting of Working Committee of the Board of Director of the company is scheduled to be held on October 18, 2018, to consider the same. Satin Creditcare Network ... Read More »
