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BUSINESS

Elixir Capital’s arm to launch research advisory portal

Elixir Capital’s subsidiary — Elixir Equities is all set to launch research advisory portal www.elixir.co.in on October 27, 2019, the auspicious day of Diwali, which marks the beginning of the Hindu calendar year Vikram Samvat 2076. This is a unique product offering where an investor can upload their equity portfolio ... Read More »

Sadbhav Infrastructure Project to transfer entire stake in Mysore-Bellary Highway

Sadbhav Infrastructure Project has received approval from Karnataka State Highway Improvement Project (KSHIP) for transfer of 100% stake of Mysore-Bellary Highway (which is currently a subsidiary of the company’s parent company, Sadbhav Engineering) to Indinfravit Trust (Indinfravit). Sadbhav Infrastructure Project is one of the leading road BOT companies in India ... Read More »

Colgate-Palmolive (India) reports 24% rise in Q2 net profit

Colgate-Palmolive (India) has reported results for second quarter ended September 30, 2019. The company has reported 24.31% rise in its net profit at Rs 244.11 crore for the quarter under review as compared to Rs 196.37 crore for the same quarter in the previous year. Total income of the company ... Read More »

Titan Company inches up on the BSE

Titan Company is currently trading at Rs. 1382.50, up by 8.20 points or 0.60% from its previous closing of Rs. 1374.30 on the BSE. The scrip opened at Rs. 1380.00 and has touched a high and low of Rs. 1389.85 and Rs. 1372.55 respectively. So far 60149 shares were traded ... Read More »

India ranks63 in World Bank’s Doing Business Report

The World Bank released its latest Doing Business Report(DBR, 2020) todayon24th October 2019. India has recorded a jump of 14 positions against its rank of 77 in 2019to be placed now at 63rdrank among 190 countries assessed by the World Bank. India’sleap of14 ranks in the Ease of Doing Business ranking is significant considering ... Read More »

Havells India features as ‘The Great Place to Work’

Havells India has been recognized as the ‘The Great Place to Work’ among the other reputed companies in India for the year 2019-20. The company was bestowed with the honour for building a high trust, high-performance culture with a strong emphasis on value systems and processes to build capabilities and ... Read More »

Advance Syntex signs MoU with global retail chain store in USA

Advance Syntex (ASYL) has signed an additional Memorandum of Understanding (MoU) with a Global Retail Chain Store in Arts & craft business, headquartered in the USA. The MoU is signed for an exclusive supply of specialize glitter to the company for an indicative amount of $0.2 million (Rs 14 million). ... Read More »

UCO Bank to raise Rs 500 crore via Bonds

UCO Bank has received approval from its Board of Directors for the proposal of issuance of Base III compliant Tier-2 Bonds aggregating to Rs 500 crore. UCO Bank is a commercial bank and a Government of India Undertaking. The Bank offers wide range of services includes Personal Banking, Corporate Banking, ... Read More »

Schaeffler India showcases locally developed products at IREE 2019

Schaeffler India is focused towards supporting railway modernization and showcased a range of products for the changing needs and high capacity demands of the country’s railway industry. Schaeffler displayed both locally manufactured and imported range of products, including future technologies enabling urban mobility at the IREE 2019. Schaeffler India has ... Read More »

Wipro’s arm decides to revitalise oldest men’s deo soap in India

Wipro Consumer Care and Lighting (WCCL), the consumer care business of Wipro, has decided to revitalise ‘Aramusk’, the oldest men’s deodorant soap brand in the country, and plans to relaunch it in January next year. Wipro is a leading global information technology, consulting and business process services. The company harnesses ... Read More »