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BUSINESS

Innovative Ideals receives order for FTTH from Reliance Jio

Reliance Jio has awarded Innovative Ideals & Services India 100 Buildings in Kandivali East for Fiber to the Home (FTTH) and make them ready for high speed bandwidth infrastructure. The company has vast experience in the rapid growing Fiber to Home (FTTH) segment looks forward to working with Reliance Jio ... Read More »

UPL reports 14% rise in Q2 consolidated net profit

UPL has reported results for second quarter ended September 30, 2018. The company has reported a fall of 20.00% in its net profit at Rs 348.00 crore for the quarter under review as compared to Rs 435.00 crore for the same quarter in the previous year. However, total income of ... Read More »

ITC reports 5% rise in Q2 net profit

ITC has reported results for second quarter ended September 30, 2018. The company has reported a rise of 4.82% in its net profit at Rs 2,954.67 crore for the quarter under review as compared to Rs 2,818.68 crore for the same quarter in the previous year. Total income of the ... Read More »

Essel Propack issuing commercial papers worth Rs 40 crore

Essel Propack is issuing Commercial Papers (CPs) for Rs 40 crore on private placement basis. The CPs for Rs 40 crore with date of maturity as October 30, 2018 will be redeemed as per the terms. Essel Propack is a producer of plastic packaging material in the form of multilayer ... Read More »

Atul reports 70% rise in Q2 net profit

Atul has reported results for second quarter ended September 30, 2018. The company has reported 69.86% rise in its net profit at Rs 119.02 crore for the quarter under review as compared to Rs 70.07 crore for the same quarter in the previous year. Total income of the company increased ... Read More »

Shriram Transport Finance reports 23% rise in Q2 net profit

Shriram Transport Finance Company has reported results for second quarter ended September 30, 2018. The company has reported 22.60% rise in its net profit at Rs 609.58 crore for the quarter under review as compared to Rs 497.22 crore for the same quarter in the previous year. Total income of ... Read More »

Premier Explosives gets Arms license to manufacture Ammonium Perchlorate

Premier Explosives has received Arms license from the Arms License Issuance Authority, Department of Industrial Policy and Promotion (DIPP) for the manufacturing of Ammonium Perchlorate at the company’s Peddakandukuru plant with an annual capacity of 1,000 tons per annum. Premier Explosives is a prominent player in manufacturing solid propellants for ... Read More »

Sterlite Tech leverages Red Hat technology to enable programmable networks of future

Sterlite Technologies will develop and deliver software-enabled programmable solutions using Red Hat’s portfolio of open, enterprise-grade technologies. The solutions will enable communication service providers, enterprises and citizen networks to realise the full potential of web-scale Network Function Virtualisation Infrastructure (NFVI) platform, for their network automation and Software Defined Network (SDN) ... Read More »

Voltas launches new brand store in Bokaro

Voltas has launched its new Brand Store — Global Electronics — in Bokaro’s premier shopping area, City Centre, Sector 4. The brand store features a well-designed and visually appealing display of new range of Voltas Beko & Voltas’ products, comprising of Refrigerators, Washing Machines, Microwaves, Dishwashers, Air Conditioners, Air Coolers, ... Read More »

Ambuja Cements reports 9% growth in cement volumes in Q3 2018

Ambuja Cements has reported around 9% growth in cement volumes during Q3 2018, backed by a favourable demand trend. The company’s net sales increased to Rs 2,522 crore from Rs 2,284 crore in the same quarter of the previous year. Ambuja Cements is engaged in manufacturing and marketing of cement ... Read More »

TCS partners with Intel to further secure Quartz blockchain solutions

Tata Consultancy Services (TCS) has partnered with Intel to integrate Intel Software Guard Extensions (Intel SGX) technology with the Quartz Blockchain solution, to further enhance the privacy and security of blockchain based ecosystems implemented using Quartz. Privacy and security have been two of the biggest concerns for organizations looking to ... Read More »

Tata Metaliks’ Q2 net profit jumps 42%

Tata Metaliks has reported results for second quarter ended September 30, 2018. The company has reported 41.67% rise in its net profit at Rs 47.53 crore for the quarter under review as compared to Rs 33.55 crore for the same quarter in the previous year. Total income of the company ... Read More »