UPL’s arm signs definitive agreement to acquire entire stake of IBC

UPL’s wholly owned subsidiary– UPL Corporation, Mauritius has signed a definitive agreement to acquire directly or through its subsidiaries 100% of the shares of INDUSTRIAS BIOQUIM CENTROAMERICANA, SOCIEDAD ANONIMA (IBC), a company based out of Costa Rica, and certain other group companies situated in Caribbean and Central American Region (collectively ‘Bioquim Group’). The closing of … Read more

TCS enters into partnership with SAP

Tata Consultancy Services (TCS) has entered into partnership with SAP to build the Intelligent Rail Digital Maintenance (iRDM) solution, powered by SAP Leonardo, to help rail customers digitally transform their businesses. TCS’ iRDM Solution leverages cutting edge technologies including Internet of Things, machine learning, advanced analytics, big data, drones and mobility components of SAP Leonardo … Read more

SREI Infrastructure Finance reports 29% rise in Q2 consolidated net profit

SREI Infrastructure Finance has reported results for second quarter ended September 30, 2018. The company has reported a rise of 7.61% in its net profit at Rs 29.13 crore for the quarter under review as compared to Rs 27.07 crore for the same quarter in the previous year. However, total income of the company decreased … Read more

Shilpa Medicare to acquire 5.22% stake in Prathijna Sustainable solutions

Shilpa Medicare has decided to acquire 5.22% stake in Prathijna Sustainable solutions. The Board of Directors of the company at their meeting held on November 14, 2018, decided the same. Shilpa Medicare produces and exports consistently high-quality Active Pharmaceutical Ingredients Fine Chemicals, intermediates, herbal products and speciality chemical products using sophisticated technology, meticulously following international … Read more

Aurobindo Pharma reports 22% fall in Q2 consolidated net profit

Aurobindo Pharma has reported results for second quarter ended September 30, 2018. The company has reported a fall of 49.40% in its net profit at Rs 380.95 crore for the quarter under review as compared to Rs 752.83 crore for the same quarter in the previous year. However, total income of the company increased by … Read more

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