Home / BUSINESS (page 224)

BUSINESS

HDFC AMC reports 15% rise in Q2 net profit

HDFC Asset Management Company (AMC) has reported results for second quarter ended September 30, 2018. The company has reported 14.52% rise in its net profit at Rs 205.91 crore for the quarter under review as compared to Rs 179.81 crore for the same quarter in the previous year. Total revenue …

Read More »

Chambal Fertilisers’ arm gets nod for voluntary liquidation

Chambal Fertilisers & Chemicals’ wholly owned subsidiary — India Steamship, India (ISL) has received an approval for the voluntary liquidation as it is not having any business operations. The Board of Directors of ISL on October 29, 2018, approved the same. The company being a shareholder of ISL, the Board …

Read More »

Lime Chemicals resumes manufacturing activities at Roha unit

Lime Chemicals has resumed the manufacturing activities of one of the manufacturing unit of the company located at Roha, District Raigad, Maharashtra, on October 29, 2018, as the illegal strike called by the workers have been called-off. Lime Chemicals is engaged in the production of precipitated calcium carbonate and it …

Read More »

DELEGATION FROM VIGYAN SAMITI VISITED HINDUSTAN ZINC

24 team members visited Chanderiya Smelting Complex to witness Smelting process and other Sustainability Initiatives… A delegation of 24 team members from Vigyan Samiti, Udaipur visited Hindustan Zinc’s Chanderiya Smelting Complex. The delegation visited Smelter Plant to understand the process of Zinc Metallurgy and also witnessed various community service initiatives …

Read More »

Manomay Tex India wins TEXPROCIL Export Award 2017-2018

Manomay Tex India has won TEXPROCIL Export Award 2017-2018 in the Gold Plaque for the Highest Exports of ‘Denim Fabrics’ under Category I from The Cotton Textiles Export Promotion Council (TEXPROCIL). Manomay Tex India is majorly engaged in manufacturing and sale of denim fabrics in domestic and international markets having …

Read More »

Aditya Vision reopens Bihar showroom

Aditya Vision has reopened one of its existing showroom located at Zero Mile, Badi Pahari, Patna, Bihar, which was temporarily shut down. Aditya Vision is engaged into retail business of consumer electronics, home appliances, camera, camrecorders, and mobile phones. It helps in selecting products from multiple brands based on personalized …

Read More »

Coffee Day Enterprises to raise Rs 100 crore via NCDs

Coffee Day Enterprises has received an approval for the issuance of up to 1000 Unlisted, Rated, Redeemable, Non-Convertible Debentures (NCDs), each of a face value of Rs 10 lakh aggregating to Rs 100 crore on private placement basis. The Board of the company at their meeting held on October 29, …

Read More »

La Tim Metal to merge wholly owned subsidiary with itself

La Tim Metal and Industries has received an approval for the merger of La Tim Sourcing (wholly owned subsidiary of the company) with itself. The Board of Directors of the company at their meeting held on October 29, 2018, approved the same. La Tim Metal and Industries was established with …

Read More »

BPCL reports 48% fall in Q2 net profit

Bharat Petroleum Corporation (BPCL) has reported results for second quarter ended September 30, 2018. The company has reported a fall of 48.30% in its net profit at Rs 1,218.71 crore for the quarter under review as compared to Rs 2,357.40 crore for the same quarter in the previous year. However, …

Read More »

SPML Infra wins Zee Business-Dare to Dream Award 2018

SPML Infra has received the ‘Zee Business-Dare to Dream Award 2018’ as ‘Company of the Year-Infrastructure’ at a glittering ceremony held in Kolkata on October 27, 2018. Zee Business in association with SAP India is honoring top entrepreneurs of India and recognizing those who dared to have big dreams. The …

Read More »

India Ratings upgrades Minda Corporation’s long term issuer rating

India Ratings and Research (Ind-Ra) has upgraded Minda Corporation’s Long Term Issuer Rating to ‘AA-’ from ‘A+’. Rating upgrade highlights strengthening of the business portfolio and financials of Minda Corporation largely aided by a growth in its core business, both domestic and exports. The company has also increased its focus …

Read More »

Cadila Healthcare subscribes 51% stake in Windlas

Cadila Healthcare has subscribed 51% shares of Windlas Healthcare (Windlas) as per the share purchase agreement executed by the company and Windlas. With this, Windlas has become a subsidiary of the company. Cadila Healthcare is an India-based pharmaceutical company. The company’s subsidiaries include Zydus Wellness, Liva Pharmaceuticals, Biochem Pharmaceutical Industries, …

Read More »

Just Dial reports 29% rise in Q2 net profit

Just Dial has reported results for second quarter ended September 30, 2018. The company has reported 29.15% rise in its net profit at Rs 48.38 crore for the quarter under review as compared to Rs 37.46 crore for the same quarter in the previous year. Total income of the company …

Read More »

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 »