Reliance Capital may be watched after turnaround Q2 result

Reliance Capital reported net profit of Rs 197 crore in Q2 September 2018 as compared with net loss of Rs 417 crore in Q2 September 2017. Total income rose 134.35% to Rs 1003 crore in Q2 September 2018 over Q2 September 2017. The announcement was made after market hours yesterday, 27 November 2018.

MERCK said that the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, Government of India, by a letter dated 26 November 2018, has approved the proposal dated 2 July 2018 of Merck Specialties for acquisition of the biopharmaceuticals business of the company by Merck Specialties by way of a slump sale. The announcement was made after market hours yesterday, 27 November 2018.

AXISCADES Aerospace & Technologies, a wholly owned subsidiary of AXISCADES Engineering Technologies (AXISCADES), announced winning of two key contracts - one with Global OEM for design to build of Test Equipment and Maintenance of Strategic Systems and the other for building subsystems of Full Motion Full Mission Simulator. Both these contracts have initial value of USD 20 million with potential to multiply. The announcement was made after market hours yesterday, 27 November 2018.

Inox Wind has signed an exclusive agreement with AMSC, a global solutions provider serving the wind and power grid industry, to launch the 3MW wind turbine which is especially suitable for low wind regimes in India. The announcement was made after market hours yesterday, 27 November 2018.

Orient Electric has entered into a strategic partnership with De'Longhi Group, Italy. This partnership paves way for the entry of three international premium small appliances brands in India - De'Longhi, Kenwood and Braun. Orient Electric Limited will have exclusive rights to market and sell these brands in India. The announcement was made after market hours yesterday, 27 November 2018.

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