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Creative Eye’s TV serial wins Zee Rishtey Awards 2018

Creative Eye’s prestigious serial ‘Ishq Subhan Allah’ produced by Dheeraj Kumar, Zuby Kochhar, Sunil Gupta is being shown on ZEE TV, Monday to Friday won ‘Zee Rishtey Awards 2018’ for Favourite Dharavahik serial at a glittering function held annually every year. The ‘Ishq Subhan Allah’ is a path breaking serial ... Read More »

Jammu & Kashmir Bank reports 31% rise in Q2 net profit

Jammu & Kashmir Bank has reported results for second quarter ended September 30, 2018. The Bank has reported 30.86% rise in its net profit at Rs 93.75 crore for the quarter under review as compared to Rs 71.64 crore for the same quarter in the previous year. Total income of ... Read More »

Axis Bank raises $50 million under GMTN Programme

Axis Bank has raised $50 million under the GMTN Programme through its Dubai International Financial Centre (DIFC) branch. The settlement took place on October 16, 2018. The Notes will be consolidated and form a single series with the $250,000,000 3.25% Notes due 2020 issued on March 11, 2015 and the ... Read More »

CRISIL reports 30% rise in Q3 consolidated net profit

CRISIL has reported results for third quarter ended September 30, 2018. The company has reported a rise of 18% in its net profit of Rs 65.29 crore for the quarter under review as compared to Rs 55.33 crore for the same quarter in the previous year. Total income of the ... Read More »

Sang Froid labs India receives drug license

Sang Froid labs India has received license to sell, stock or exhibit or offer for sale, or distribute by Wholesale drugs specified in Schedules C and C(1) [excluding those specified In schedule x] as per the Drugs and Cosmetics Rules, 1945 in form 21B and the company has received license ... Read More »

Mahindra CIE Automotive reports 74% rise in Q3 net profit

Mahindra CIE Automotive has reported results for third quarter ended September 30, 2018. The company has reported 73.80% rise in its net profit at Rs 42.58 crore for the quarter under review as compared to Rs 24.50 crore for the same quarter in the previous year. Total income of the ... Read More »

Hero MotoCorp achieves best ever sales performance in Q2 FY19

Hero MotoCorp has achieved its best-ever sales performance for the second quarter of any financial year, selling 21,34,051 units of two-wheelers in Q2 FY19. For the period April-September 2018, Hero MotoCorp reported its highest-ever half-yearly sales of 42,40,680 units. With the peak festive season approaching, the company is gearing up ... Read More »

GMR Infrastructure’s arm launches Airport Radio in Hyderabad

GMR Infrastructure’s subsidiary — GMR Hyderabad International Airport (GHIAL) has launched South India’s first Airport Radio under its signature ‘#PassengerIsPrime’ programme at Rajiv Gandhi International Airport in Hyderabad in the state of Telangana. The airport handles over 55,000 passengers on a daily basis. Mirchi Airport Radio is a 24×7 custom-produced, ... Read More »

LTTS completes acquisition of Graphene Semiconductor Services

L&T Technology Services (LTTS) has completed the acquisition of Bengaluru-based Graphene Semiconductor Services, a provider of end to end semiconductor services, with effect from October 15, 2018. Graphene’s strong offshore presence coupled with expertise in complete VLSI Chip Design & Embedded Software will enhance LTTS’ capabilities in the Semiconductor & ... Read More »

Super Crop Safe obtains ‘Organic Certificate’

Super Crop Safe has obtained ‘Organic Certificate’ for Manufacturing, Processing, Storage and Trading of triNETRA (Herbal Pesticide cum Crops Growth & Immunity Enhancer), and Mycorrhizal Bio – Fertilizers – Super Gold in Granule, WP & Liquid form, issued on August 10, 2018 and valid till August 09, 2021 after successful ... Read More »

Hero MotoCorp reports marginal fall in Q2 net profit

Hero MotoCorp has reported results for second quarter ended September 30, 2018. The company has reported a marginal fall of 3.39% in its net profit at Rs 976.28 crore for the quarter under review as compared to Rs 1,010.49 crore for the same quarter in the previous year. However, total ... Read More »

L&T features in Forbes’ Global 2000 best employers list

Larsen & Toubro (L&T) has been featured among the top 25 companies in the Forbes’ Global 2000 best employers list that is led by Google parent Alphabet. While L&T is ranked 22, there are only four domestic firms in the top 100 list which includes Mahindra & Mahindra, Grasim Industries ... Read More »

IIFL Holdings’ arm to acquire stake in Wealth Advisors

IIFL Holdings’ subsidiary — IIFL Wealth Management — will acquire entire share capital of Chennai-based Wealth Advisors India. IIFL Wealth would conclude the transaction for a consideration of Rs 235 crore. This move is expected to further fortify 10 year old IIFL Wealth’s presence in the south as Wealth Advisors ... Read More »

NHPC shuts down Baira Siul Power Station for six months

NHPC has taken complete shutdown at its Baira Siul Power Station (180 MW) in Himachal Pradesh for six months with effect from October 15, 2018, for ‘Renovation & Modernization of Power Station for its Life Extension’ works. NHPC is engaged in electric power generation by hydroelectric power plants. The company ... Read More »

Aurionpro Solutions’ arm inks agreement to acquire stake in SC Soft

Aurionpro Solutions’ wholly owned subsidiary — Aurionpro Solutions Pte., — has entered into an agreement for acquisition of majority stake (51%) in SC Soft Pte. (SC Soft) a Singapore headquartered Automated Fare Collection (AFC) and smart city solution provider. The company will make investment in tranches by subscribing to the ... Read More »