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SRF, NIIT Technologies and United Bank of India to see some action today

SRF, NIIT Technologies and United Bank of India to see some action today

SRF has entered into a definitive agreement to sell its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences Company in an all-cash transaction, amounting to Rs 320 crore. The......

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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 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 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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GAIL completes award of contract for Pradhan Mantri Urja Ganga pipeline project

GAIL India has completed awards for all major contracts for the ambitious Pradhan Mantri Urja Ganga natural gas pipeline project that transverse from Jagdishpur to Haldia and Bokaro (Jharkhand) and Dhamra......

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Oriental Carbon to expand insoluble sulphur capacity to 45000 MTPA over next 3 years

Oriental Carbon & Chemicals (OCCL) has received approval for expansion of its Insoluble Sulphur capacity from 34000 MTPA to 45000 MTPA over next 3 years at Dharuhera, Haryana in two phases of 5500......

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IDFC First Bank reports net loss of Rs 218 in Q4

IDFC First Bank has reported results for the fourth quarter and year ended March 31, 2019.The Bank has reported net loss of Rs 218.03 crore for the quarter ended March 31, 2019, against net profit of Rs......

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Shankara Building Products opens new retail store in Bangalore

Shankara Building Products has started one new retail store in Hoskote, Bangalore measuring 5,000 square feet.Further, as part of the conscious effort to consolidate operations, the company has decided......

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