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NIIT Technologies concludes sale of 88.99% stake in ESRI India Technologies

NIIT Technologies concludes sale of 88.99% stake in ESRI India Technologies

NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies, India to Environment Systems Research Institute Inc., USA. Consequent to above sale, ESRI India Technologies,......

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United Bank of India to raise Rs 1,500 crore by various means

United Bank of India to raise Rs 1,500 crore by various means

United Bank of India has received approval to raise equity capital not exceeding Rs 1,500 crore in one or more tranches during the financial year by way of Qualified Institutions Placement, Public Issue,......

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Crisil downgrades DHFL

Crisil downgrades DHFL's commercial papers worth Rs 850 crore

Credit Rating Agency Crisil has downgraded Dewan Housing Finance Corporation's commercial paper worth Rs 850 crore from A3+ to A4+. Its rating also continues to be on 'Rating Watch with Negative Implications'.......

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Zensar to showcase

Zensar to showcase 'Experience-Led Digital Transformation' at Adobe Summit EMEA 2019

Zensar Technologies will showcase its Human-Centred approach to Digital Transformation at the Adobe Summit EMEA, London, on May 15-16, 2019. Attendees can participate in a series of interactive Design-thinking......

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Bharti Airtel partners HDFC Life Insurance to introduce insurance with prepaid plan

Bharti Airtel partners HDFC Life Insurance to introduce insurance with prepaid plan

Bharti Airtel has partnered with HDFC Life Insurance to introduce a prepaid scheme with in-built life insurance term plan cover. The new plan will come with Rs 4 lakh life cover from HDFC Life. The policy......

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Bharti Airtel boosts 4G network coverage in Himachal Pradesh

Bharti Airtel boosts 4G network coverage in Himachal Pradesh

Bharti Airtel has further upgraded its 4G network in Himachal Pradesh with the deployment of LTE 900 technology that will significantly enhance the network experience for its smartphone customers. With......

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Pondy Oxides & Chemicals planning to merge Meloy Metals with itself

Pondy Oxides & Chemicals is planning to amalgamate Meloy Metals with itself. The Board of Directors of the Company at its meeting to be held on May 27, 2019 to consider the same.Pondy Oxides &......

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L&T gets nod to merge L&T Shipbuilding with itself

Larsen & Toubro (L&T) has received approval for scheme of arrangement for merger of Wholly-owned Subsidiary -- L&T Shipbuilding (LTSB) with the Company. The Scheme is subject to......

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L&T Finance Holdings to raise Rs 195 crore on private placement basis

L&T Finance Holdings has received approval for issuance of Cumulative Compulsorily Redeemable Non-Convertible Preference Shares (CRPS) for an amount of upto Rs 195 crore on a private placement......

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Maruti Suzuki inaugurates 300th commercial vehicle showroom: Report

Maruti Suzuki India has reportedly inaugurated its 300th commercial vehicle showroom in India. With the recent addition, Maruti Suzuki now has a robust sales network – Arena, Nexa and Commercial – of over......

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NMDC explores opportunity to export tailings from Bailadila iron ore mine

NMDC is exploring the opportunity to export its tailings from Bailadila iron ore mine in Chhattisgarh in view of supportive pricing dynamics in global markets. The mine is owned and operated by the state-owned......

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Streamcast Group to invest Rs 5,500 crore in Rolta India's arm

Rolta India has decided to accept the offer received from the Streamcast Group for subscribing to certain securities of Rolta BI & Big Data Analytics, a wholly owned subsidiary (WOS) of the company......

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Oberoi Realty reports 9% rise in Q4 consolidated net profit

Oberoi Realty has reported results for fourth quarter and year ended March 31, 2019.The company has reported a fall of 33.81% in its net profit at Rs 63.11 crore for the quarter under review as compared......

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ACC steps in with resources to provide relief, rehabilitation in cyclone-hit Odisha

ACC has stepped in with resources, manpower and logistical support to provide immediate on-ground relief and rehabilitation to assist people and local authorities in the worst affected cyclone-hit regions......

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Eicher Motors reports 18% rise in Q4 consolidated net profit

Eicher Motors has reported results for fourth quarter and year ended March 31, 2019.The company has reported a rise of 84.69% in its net profit at Rs 480.44 crore for the quarter under review as compared......

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