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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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BPCL’s Kochi Refinery launches FGQ Hexane

Bharat Petroleum Corporation’s (BPCL) Kochi Refinery has launched the speciality product of food grade quality hexane (FGQ Hexane) in order to promote agro-processing. This is the first time that the refinery is producing a food grade product. FGQ Hexane is a light distillate produced from special cut Naphtha where the …

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Lupin reports 42% fall in Q2 consolidated net profit

Lupin has reported results for second quarter ended September 30, 2018. The company has reported a rise of 9.22% in its net profit at Rs 424.75 crore for the quarter under review as compared to Rs 388.90 crore for the same quarter in the previous year. Total income of the …

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ICICI Bank launches instant digital credit facility ‘PayLater’

ICICI Bank has launched an instant digital credit facility to enable customers to buy small ticket items immediately in a completely digital and paperless manner. Christened ‘PayLater by ICICI Bank’, the facility enables customers to shop online, pay bills and pay to any merchant UPI ID at physical stores instantly. …

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Reliance Home Finance reports 32% rise in Q2 net profit

Reliance Home Finance has reported results for second quarter ended September 30, 2018. The company has reported 31.58% rise in its net profit at Rs 75.00 crore for the quarter under review as compared to Rs 57.00 crore for the same quarter in the previous year. Total income of the …

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PNB reports net loss of Rs 4,532 crore in Q2

Punjab National Bank (PNB) has reported results for second quarter ended September 30, 2018. The Bank has reported net loss of Rs 4,532.35 crore for the quarter under review as against net profit of Rs 560.58 crore for the same quarter in the previous year. Total income of the Bank …

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