AI Champdany Industries has on November 05, 2018 executed a Memorandum of Understanding (MoU) with Complement Blends for the sale and disposal of the Wellington Jute Mill, Wellington Yarn Unit and the Wellington Weaving Unit all located in same place situated and lying within Mouzas Mahesh and Rishra in Rishra Municipality in the state of … Read more
Indo Count Industries is facing temporary disruption of production at the spinning unit of the company situated at Gokul Shirgaon, Kolhapur, Maharashtra, as the workers have resorted to illegal strike from November 04, 2018 due to higher demand of bonus. However, this will not have any material impact on the business operations of the company. … Read more
Balkrishna Industries has reported results for second quarter ended September 30, 2018. The company has reported 9.52% rise in its net profit at Rs 222.31 crore for the quarter under review as compared to Rs 202.98 crore for the same quarter in the previous year. Total income of the company increased by 18.33% at Rs … Read more
Eveready Industries India has reported results for second quarter ended September 30, 2018. The company has reported 32.16% fall in its net profit at Rs 24.66 crore for the quarter under review as compared to Rs 36.35 crore for the same quarter in the previous year. Total income of the company decreased by 4.46% at … Read more
Visaka Industries is expecting to commence commercial production of expanded V-Boards Division at Jhajjar, Haryana in November 2018. There is a delay in commencement of production. Visaka Industries is engaged in the manufacture of fibre cement sheets. The company also manufactures Accessories like Close Fitting Adjustable Ridges, North Light Ridges, North Light Curve, Roof Lights, … Read more
Hindalco Industries has reported results for second quarter ended September 30, 2018. The company has reported 21.44% fall in its net profit at Rs 308.62 crore for the quarter under review as compared to Rs 392.85 crore for the same quarter in the previous year. However, total income of the company increased by 5.08% at … Read more
Aarti Industries has received approval to raise funds by way of issue of equity shares or any other instruments or security including fully/partly convertible debentures or by way of a composite issue of Non-Convertible Debentures (NCDs), through qualified institutions placement, private placement/public issue of equity/ debt securities, preferential issue or through any other permissible mode … Read more
