Maruti Suzuki reports 34% fall in July sales

Maruti Suzuki India has reported total sales of 109,264 units in July 2019, as compared 164,369 units in July 2018, registering fall of 33.5%. This includes 100,006 units in domestic market and 9,258 units of exports. The company sold 11,577 vehicles under mini segment (including Alto, Old Wagon R) in July 2019, as against 37,710 … Read more

TCS inches up on the BSE

tcs inches up on the bse

Tata Consultancy Services is currently trading at Rs. 2210.00, up by 6.20 points or 0.21% from its previous closing of Rs. 2205.40 on the BSE. The scrip opened at Rs. 2206.00 and has touched a high and low of Rs. 2217.00 and Rs. 2185.00 respectively. So far 22276 shares were traded on the counter. The … Read more

Ramco Systems gains on partnering with Life Flight Network

Ramco Systems is currently trading at Rs. 195.50, up by 1.10 points or 0.57% from its previous closing of Rs. 194.40 on the BSE. The scrip opened at Rs. 192.75 and has touched a high and low of Rs. 195.50 and Rs. 192.75 respectively. So far 26 shares were traded on the counter. The BSE … Read more

IOC dips on reporting 50% fall in Q1 consolidated net profit

Indian Oil Corporation is currently trading at Rs. 138.50, down by 0.80 points or 0.57% from its previous closing of Rs. 139.30 on the BSE. The scrip opened at Rs. 138.25 and has touched a high and low of Rs. 142.00 and Rs. 137.30 respectively. So far 104237 shares were traded on the counter. The … Read more

Quess Corp trades higher on the BSE

quess corp trades higher on the bse

is currently trading at Rs. 454.35, up by 16.10 points or 3.67% from its previous closing of Rs. 438.25 on the BSE. The scrip opened at Rs. 437.50 and has touched a high and low of Rs. 459.00 and Rs. 430.65 respectively. So far 16690 shares were traded on the counter. The BSE group ‘A’ … Read more

DHFL defaults on Rs 25 crore interest to NCD holders

dhfl defaults on rs 25 crore interest to ncd holders

Dewan Housing Finance Corporation (DHFL) has again defaulted on an interest repayment worth Rs 25.06 crore on non-convertible debentures. The gross principal amount on which the default has taken place is Rs 274 crore. This is the fourth default by the crippled company since early June. DHFL is one of India’s premier housing finance companies … Read more

Axis Bank reports 75% rise in Q1 consolidated net profit

axis bank reports 75 rise in q1 consolidated net profit

Axis Bank has reported results for first quarter ended June 30, 2019. The bank has reported 95.42% rise in its net profit at Rs 1370.08 crore for the quarter under review as compared to Rs 701.09 crore for the same quarter in the previous year. Total income of the bank increased by 21.79% at Rs … Read more

PFC gets nod to raise Rs 70,000 crore in one year

Power Finance Corporation (PFC) has received approval from its board for raising Rs 70,000 crore by issuance of bonds, debentures, notes and debt securities from domestic and international markets on a private placement basis. The proposal would be placed for shareholders’ approval in an annual general meeting of the company on August 27. Once approved … Read more

JSPL executes supply of 126604 tonnes of rails to Indian Railways

Jindal Steel & Power (JSPL) has executed the first-ever rail order to Indian Railways on July 29, 2019. The company has supplied 126604 tonnes of long rails to Indian Railways in record time and far ahead of schedule. Out of this total quantity, the company supplied 97,400 tonnes of long rails on April 22, 2019, … Read more

Adani Enterprises incorporates wholly owned subsidiary

Adani Enterprises has incorporated a wholly owned subsidiary company namely, ‘Gare Pelma II Mining’ on July 29, 2019. The company has incorporated a wholly owned subsidiary for carrying out mining activities in the state of Chhattisgarh. The incorporated company is yet to commence its business operations. Adani Enterprises is an infrastructure company. The company is … Read more

Ambuja Cement Foundation in partnership with Hindustan Zinc Limited launches a skill training program in the land of mines: Dariba

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Udaipur : A social implementing organization Ambuja Cement Foundation (ACF) and a worldwide mining company Hindustan Zinc Limited today, inaugurated a skill development centre at Rapura Dariba Mine, Rajasthan. This partnership will aim to provide training to almost 3,000 unemployed youth in skilled trades like Assistant Electrician, Domestic Data Entry Operator, Sales Associate, Unarmed Security … Read more

Riding the digitisation wave, Vedanta provides laptops to 3000 girls

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  Keeping up with its commitment towards supporting education, Vedanta Foundation, distributed 3000 laptops to students of Vedanta PG Girls College in Ringus, Rajasthan. The Laptop Distribution event was held today, where free laptops were distributed to 3000 girls (existing and new admissions), most of them belonging to nearby villages. The ceremony was graced by Vice … Read more