Bosch has reported results for second quarter ended September 30, 2018. The company has reported 18.86% rise in its net profit at Rs 419.99 crore for the quarter under review as compared to Rs 353.34 crore for the same quarter in the previous year. Total income of the company increased ... Read More »
BUSINESS
JB Chemicals gets USFDA’s nod for Midodrine Hydrochloride Tablets
JB Chemicals & Pharmaceuticals (JBCPL) has received an approval from the US Food and Drug Administration (USFDA) for Abbreviated New Drug Application (ANDA) for Midodrine Hydrochloride Tablets USP 2.5 mg, 5 mg and 10 mg. (for treatment of orthostatic hypotension). The company plans to commercialize this product in Q1 of ... Read More »
Jiya Eco-Products gets nod to set up joint venture
Jiya Eco-Products (JEPL) has received an approval for setting up a joint venture (JV) with Korkia of Finland. The Board of Directors of the company at its meeting held on November 05, 2018, approved the same. The project will focus on identifying opportunities that will aid in ramping up JEPL’S ... Read More »
Endurance Technologies to raise funds up to Rs 750 crore
Endurance Technologies has received an approval for issuance of fresh/new equity shares through one or more public or private offerings or combination thereof as may be permitted under applicable law(s), for an amount up to Rs 750 crore. The Board of Directors of the company at its meeting held on ... Read More »
Cadila Healthcare reports 17% fall in Q2 consolidated net profit
Cadila Healthcare has reported results for second quarter ended September 30, 2018. The company has reported a rise of 48.18% in its net profit at Rs 666.50 crore for the quarter under review as compared to Rs 449.80 crore for the same quarter in the previous year. Total income of ... Read More »
Relaxo Footwears reports 23% rise in Q2 net profit
Relaxo Footwears has reported results for second quarter ended September 30, 2018. The company has reported 23.00% rise in its net profit at Rs 39.46 crore for the quarter under review as compared to Rs 32.08 crore for the same quarter in the previous year. Total income of the company ... Read More »
KPIT, Udacity forge partnership for upskilling talent in autonomous vehicle engineering
KPIT Technologies and Udacity are partnering to upskill and build the engineering talent ecosystem for autonomous technology, including self-driving cars and autonomous flight. KPIT and Udacity have forged a strategic partnership that will have KPIT invest in upskilling employees with Udacity courses, which results in industry recognized certification. KPIT has ... Read More »
INOX Leisure commences operations of multiplex cinema theatre in Gwalior
INOX Leisure has commenced the Commercial Operations of a Multiplex Cinema Theatre taken on Lease basis, Gwalior in the state of Madhya Pradesh. The said Multiplex Cinema Theatre has 6 screens and 1023 seats. The company is now present in 67 cities with 133 Multiplexes, 542 screens and a total ... Read More »
GAIL reports 50% rise in Q2 net profit
GAIL India has reported results for second quarter ended September 30, 2018. The company has reported 49.89% rise in its net profit at Rs 1,962.96 crore for the quarter under review as compared to Rs 1,309.63 crore for the same quarter in the previous year. Total income of the company ... Read More »
Zensar Technologies wins People Matters L&D Award
Zensar Technologies has been awarded the People Matters L&D Award for ‘Best in Future Tech Skill Building’ during the People Matters L&D Conference 2018 hosted at Grand Hyatt, Mumbai October 23, 2018. The company was selected amongst some of the larger companies across multiple sectors. More than 300 applications were ... Read More »
Voltas launches Festive Offers for 2018
Voltas has launched its Festive Offers for 2018. The unique and attractive offers comprise a wide range of Cashback, Financing and Extended Warranty plans on Voltas Beko range of Home Appliances in addition to Voltas ACs. The offers have been rolled out on pan-India basis, giving consumers affordable access to ... Read More »
Newgen Software features as Challenger in Gartner’s 2018 Magic Quadrant
Newgen Software Technologies has been recognized as a Challenger in Gartner’s 2018 Magic Quadrant for Content Services Platform. Organizations across the world use Newgen OmniDocs ECM Suite, a fully featured CSP that includes a number of product modules to handle document management, multichannel capture and scanning, records management and content ... Read More »
Axis Bank reports 83% rise in Q2 net profit
Axis Bank has reported results for second quarter ended September 30, 2018. The Bank has reported 82.62% rise in its net profit at Rs 789.61 crore for the quarter under review as compared to Rs 432.38 crore for the same quarter in the previous year. Total income of the Bank ... Read More »
Shivam Autotech reports 35% growth in October sales
Shivam Autotech has achieved around 35% increase in sales in the month of October 2018 compared to corresponding month in the previous financial year. Previously, the company had reported around 10% increase in sales in the month of September 2018 compared to corresponding month in the previous financial year. Shivam ... Read More »
Six Global Investors invests $1.25 billion in Bharti Airtel’s arm
Six leading global investors comprising Warburg Pincus, Temasek, Singtel, SoftBank Group International and others have completed investment of $1.25 billion in Bharti Airtel’s UK incorporated subsidiary — Airtel Africa. This investment demonstrates the confidence of leading global investors in the company’s ongoing robust growth and profitability. The investment also reinforces ... Read More »
Whirlpool reports 7% rise in Q2 net profit
Whirlpool of India has reported results for second quarter ended September 30, 2018. The company has reported 6.94% rise in its net profit at Rs 78.55 crore for the quarter under review as compared to Rs 73.45 crore for the same quarter in the previous year. Total income of the ... Read More »
Bata reports 30% rise in Q2 net profit
Bata India has reported results for second quarter ended September 30, 2018. The company has reported 29.77% rise in its net profit at Rs 55.66 crore for the quarter under review as compared to Rs 42.89 crore for the same quarter in the previous year. Total income of the company ... Read More »
NTPC reports marginal fall in Q2 net profit
NTPC has reported results for second quarter ended September 30, 2018. The company has reported marginal fall of 0.52% in its net profit at Rs 2,426.02 crore for the quarter under review as compared to Rs 2,438.60 crore for the same quarter in the previous year. However, total income of ... Read More »
Maruti Suzuki’s JIM receives ISO 29990:2010 certification
Japan-India Institute for Manufacturing (JIM), set up and managed by Maruti Suzuki at Ganpat University, Mehsana, has been awarded with ISO 29990:2010 certification by TUV-SUD. The Japan-India Institute for Manufacturing is an outcome of a joint initiative between Government of India and Government of Japan to create a pool of ... Read More »
Esha Media Research launches URLCART.in
Esha Media Research (EMRL) has launched URLCART.in, a url optimization and social media management platform. URLCART’s versatile range of tools will help resolve many of the issues that occur when managing an online campaign. Users will be able to generate analytics reports to better understand customer behavior, buying patterns and ... Read More »