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BUSINESS

Asian Paints gains on the BSE

Asian Paints is currently trading at Rs. 1775.65, up by 9.25 points or 0.52% from its previous closing of Rs. 1766.40 on the BSE. The scrip opened at Rs. 1777.00 and has touched a high and low of Rs. 1780.75 and Rs. 1753.90 respectively. So far 27572 shares were traded ... Read More »

Biocon reports 39% fall in Q2 consolidated net profit

Biocon has reported results for second quarter ended September 30, 2019. The company has reported 11.44% fall in its net profit at Rs 106.10 crore for the quarter under review as compared to Rs 119.80 crore for the same quarter in the previous year. However, total income of the company ... Read More »

IndusInd Bank wins DigiDhan Mission Digital Payments Award

IndusInd Bank has won the prestigious DigiDhan Mission Digital Payments Award for ‘Overall Performance in Digital Payments’ at the MeitY startup summit 2019. The summit is organized by the Ministry of Electronics and Information Technology (MeitY). The Bank through its offerings has been promoting digital payments among customers, which is ... Read More »

Jindal Stainless signs MoU with BCL

Jindal Stainless (JSL) has signed a Memorandum of Understanding (MoU) with Braithwaite & Co (BCL), a Government of India undertaking under the Ministry of Railways, to develop stainless steel foot-over-bridges (FOBs), road-over-bridges (ROBs) etc., on the sidelines of the ongoing International Railway Equipment Exhibition (IREE) in New Delhi. This MoU ... Read More »

PVR ties up with Soch Foods LLP: Report

Soch Foods LLP has reportedly tied up with PVR Cinemas wherein Munchilicious, a granola cereal brand will become the ‘Binge-Mate’ of all PVR Luxe patrons during this festive season. During a ‘Housefull Diwali’ weekend, Munchilicious will presented to all PVR Luxe patrons in Mumbai, Bengaluru and Chennai. PVR is the ... Read More »

Tech Mahindra rises on collaborating with Quantoz

Tech Mahindra is currently trading at Rs. 738.00, up by 11.00 points or 1.51% from its previous closing of Rs. 727.00 on the BSE. The scrip opened at Rs. 730.10 and has touched a high and low of Rs. 744.80 and Rs. 730.00 respectively. So far 66526 shares were traded ... Read More »

Karnataka Bank inches up on the BSE

The Karnataka Bank is currently trading at Rs. 72.15, up by 0.15 points or 0.21 % from its previous closing of Rs. 72.00 on the BSE. The scrip opened at Rs. 72.00 and has touched a high and low of Rs. 72.95 and Rs. 72.00 respectively. So far 19788 shares ... Read More »

JMC Projects gains on raising Rs 100 crore via NCDs

JMC Projects (India) is currently trading at Rs. 111.90, up by 0.20 points or 0.18% from its previous closing of Rs. 111.70 on the BSE. The scrip opened at Rs. 112.05 and has touched a high and low of Rs. 113.00 and Rs. 108.00 respectively. The BSE group ‘B’ stock ... Read More »

NEL Holdings to exit from two prime land parcels in Bangalore

NEL Holdings has signed an arrangement to exit from another two prime parcel of the land in the suburbs of Bangalore City, situated in Old Madras Road and Hennur Road, Bangalore. The above two exits of land parcels are currently under due diligence process which is expected to be completed ... Read More »

Adani Enterprises incorporates two new subsidiary companies

Adani Enterprises has incorporated two new subsidiary companies namely ‘Adani Iron Ore Mining’ and ‘Adani Railways Transport’ on October 22, 2019 and October 23, 2019 respectively. The company has incorporated Adani Iron Ore Mining, a wholly owned subsidiary, for carrying out mining of minerals and ores activities and other allied ... Read More »

Govt grants ‘Maharatna’ status to HPCL

The government has accorded ‘Maharatna’ status to Hindustan Petroleum Corporation (HPCL), thus giving it greater operational and financial autonomy. The grant of Maharatna status to the PSU will impart enhanced powers to its Boards to take financial decisions. The order to this effect was issued by the Department of Public ... Read More »

Govt decides to merge MTNL, BSNL

The government has decided to merge loss-making telecom firms Mahanagar Telephone Nigam (MTNL) and Bharat Sanchar Nigam (BSNL), as part of a revival package that includes raising sovereign bonds, monetizing assets and voluntary retirement scheme (VRS) for employees. The government will put in Rs 29,937 crore for revival of the ... Read More »

Zensar Technologies gains on the bourses

Zensar Technologies is currently trading at Rs. 188.00, up by 1.65 points or 0.89% from its previous closing of Rs. 186.35 on the BSE. The scrip opened at Rs. 186.35 and has touched a high and low of Rs. 191.05 and Rs. 185.20 respectively. So far 679123 shares were traded ... Read More »

Reliance Industries’ arm tops 4G download speed chart in September

Reliance Industries’ (RIL) telecom arm — Reliance Jio Infocomm (Jio) has recorded over 2.5 times higher average data download speed of 21 megabits per second (mbps) in September 2019, compared to its closest competitor Bharti Airtel. Data published by the Telecom Regulatory Authority of India (TRAI) showed the Jio was ... Read More »