Weizmann Forex has sold its 3.6 MW Wind Farms in Tamil Nadu during the quarter ended September, 2018. The Board of Directors of the company at their meeting held on November 13, 2018, considered the same. Besides, during Q2FY19, the companies namely Brahamvel Energy, Khandesh Energy Projects and Weizmann Corporate Services have ceased to be … Read more
Zee Entertainment Enterprises’ (ZEEL) promoters led by Subhash Chandra are planning to sell up to 50% of their equity stake in the company to a strategic partner in a bid to maximize value for the business. The company’s move is expected to address the Essel Group’s (the promoters) capital allocation priorities and to pursue disruptive … Read more
Jost’s Engineering Company has received an approval for winding up of its Wholly Owned Subsidiary, namely, Jost’s Engg. Global- F.Z.E, UAE. The Board of Directors of the company at their meeting held on November 13, 2018, approved the same. Jost’s Engineering Company is an India-based company, which is engaged in the sale of manufactured material … Read more
Tata Consultancy Services (TCS) has been recognized as a Leader in the Everest Group PEAK Matrix for Open Banking IT Services. The report highlights the company’s investments in a wide range of open banking solutions, global CoEs, and delivery presence, as major strengths and contributors to its wins in the market. The report also highlights … Read more
Piramal Enterprises is planning to raise funds through issue of Secured Non-Convertible Debentures (NCDs) of Rs 400 crore on private placement basis, with an option to retain oversubscription of Rs 100 crore. The meeting of the Administrative Committee of the Board of Directors of the company will be held on November 15, 2018, to consider … Read more
Jain Irrigation Systems has reported results for second quarter ended September 30, 2018. The company has reported around 3-fold jump in its net profit at Rs 45.57 crore for the quarter under review as compared to Rs 16.04 crore for the same quarter in the previous year. Total income of the company increased by 24.42% … Read more
Blue Star has received an approval for setting up of new manufacturing facility for Water Coolers and Deep Freezers at Wada, Maharashtra at a capex of approximately Rs 115 crore. The Board of Directors of the company at their meeting held on October 30, 2018, approved the same. Blue Star is India’s leading central air-conditioning … Read more
