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BUSINESS

V-Mart Retail opens two new fashion stores

V-Mart Retail has opened two new fashion stores in the state of Bihar and West Bengal. With this the tally of stores in Bihar is 35 fashion stores & 5 composite stores and in West Bengal is 9 fashion stores & 1 composite store. This takes the total number of ... Read More »

Mercator reports 183,485 MT of total coal production for September

Mercator has reported total production of coal for the month of September 2018 at 183,485 MT, which is record production level from the present mines. With this, the company has already achieved approximately 50% of its annual coal production guidance of approximately 2 million MT for FY19. Additionally, the company ... Read More »

SIS bags three year contract worth Rs 300 crore

Security and Intelligence Services India (SIS) has been awarded a three year contract valued at around Rs 300 crore to provide security solutions to 47 facilities of Cognizant Technologies located across India. As part of the contract, SIS will deploy around 5,000 security personnel in different categories to provide security ... Read More »

Bank of Maharashtra shuts down 51 branches across India

Bank of Maharashtra has shut down 51 branches – all in urban centres across India in order to cut costs. From October 1, the bank has closed these branches and declared non-viable and incurring huge losses. These branches have been closed down and merged with neighbouring branches. Bank of Maharashtra ... Read More »

Havells India’s Standard brand partners with team ‘Kerala Blasters’

Havells India’s well-known brand — Standard has entered into strategic partnership with the team ‘Kerala Blasters’. Standard will co-sponsor the young and energetic football team thus marking its first ever association with the Indian Super League. The brand ‘Standard’ stands for the ‘Young Energy of India’ that resonates well with ... Read More »

K P Energy Ltd H1FY19 PAT zooms to Rs. 7.06 crore

K P Energy Ltd. has reported financial results for the period ended September 30, 2018. The company has reported net sales of Rs.51.45 crores during the 6 months period ended September 30, 2018 as compared to Rs.36.71 crores during the 6 months period ended September 30, 2017. The company has ... Read More »

Sun pharma expects to stabilize India business in FY19

Favorable demographics conditions will help the company to ensure reasonable volume growth in India Sun Pharmaceutical Industries is excepting its India business to stabilise in the current fiscal leading to reasonable volume growth since company has witnessing disruptions in 2017-18 due to Goods and Services Tax (GST) implementation. However, favorable ... Read More »

IL&FS Transportation Networks informs about credit rating

In terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, IL&FS Transportation Networks has informed about the revised ratings issued by ICRA Ratings on the various instruments of the Company. The above information is a part of company’s filings submitted to BSE. Read More »

JSPL posts highest ever Q2 domestic steel production

The quarterly steel production saw a 46% growth during Q2 FY 2019, while the quarterly steel sales traced a steeper curve by recording a rise of 53% Jindal Steel and Power (JSPL) has posted its highest ever domestic quarterly steel production and sales in Q2 FY 2018-19. The company recorded ... Read More »

Infosys’ arm signs MoU with CID of Karnataka Police, DSCI

Infosys’ philanthropic subsidiary — Infosys Foundation has signed a Memorandum of Understanding (MoU) with the Criminal Investigation Department (CID) of Karnataka Police and Data Security Council of India (DSCI) towards setting up the Centre for Cybercrime Investigation Training & Research (CCITR) in Bengaluru in the state of Karnataka. Data Security ... Read More »

Mehta appointed JK Paper’s Director

Udaipur. Mr. A. S. Mehta has been appointed as a Director of JK Paper Ltd. Mr. Sureshchandra Gupta, Vice President and Company secretary has said that Mr. Mehta, has been offering its best services in the form of a presidency. He has now been given additional charge of director. It is ... Read More »

Aadhaar decision huge triumph for star poor Modi govt: BJP

New Delhi: The BJP Wednesday portrayed the Incomparable Court judgment on Aadhaar as a major triumph for the “ace poor Modi government”, saying the summit court has maintained the sacred legitimacy of the plan and attested that it doesn’t damage security. Bharatiya Janata Gathering representative Sambit Patra likewise hit back ... Read More »

SpiceJet Announces New Direct Flights. Check Routes Here

The SpiceJet on Tuesday announced two new daily direct flights from Amritsar to Bangkok and Goa, an official said. A three-member team from the SpiceJet, led by Chief Customer Service Officer Kamal Hingorani, met Punjab Chief Minster Amarinder Singh here to announce the launch of the new flights from the Sri ... Read More »