Wipro may gain on selection by DSM as strategic IT partner

Wipro announced before trading hours today, 29 July 2015, that it has been selected by DSM, a global, science based company active in health, nutrition and materials, as its strategic IT partner to provide Workplace Services. Wipro will bring next generation workplace technology features such as predictive analytics, automation, self-help, self-heal, multi-channel support and user experience management to DSM through this multi-year strategic partnership. This technology deployment will help DSM optimize costs, while providing users (i.e. DSM's employees) with an Internet-centric and sustainable workplace, with smart systems which will enable a seamless user experience. The smart systems include predictive monitoring for faster service restoration, automation and preventive self-heal to minimize service disruptions, and round-the-clock support to enable stable operations. The green IT features of the project will improve the sustainability of this initiative.

Yes Bank unveils Q1 results today, 29 July 2015.

Shriram City Union Finance's net profit rose 15.64% to Rs 147.70 crore on 6.74% growth in total income to Rs 917 crore in Q1 June 2015 over Q1 June 2014. The result was announced after market hours yesterday, 28 July 2015.

Pidilite Industries' consolidated net profit rose 33.82% to Rs 225.53 crore on 8.67% growth in total income to Rs 1479.91 crore in Q1 June 2015 over Q1 June 2014. The result was announced after market hours yesterday, 28 July 2015.

BASF India's net profit rose 78.37% to Rs 92.72 crore on 6.76% decline in total income from operations (net) to Rs 1349.68 crore in Q1 June 2015 over Q1 June 2014. The result was announced after market hours yesterday, 28 July 2015.

Taj GVK Hotels & Resorts reported a net profit of Rs 0.08 crore in Q1 June 2015 compared with net loss of Rs 3.43 crore in Q1 June 2014. Net sales rose 15.3% to Rs 62.11 crore in Q1 June 2015 over Q1 June 2014. The result was announced after market hours yesterday, 28 July 2015.

P I Industries' net profit rose 21.68% to Rs 87.30 crore on 17.79% growth in total income to Rs 559.31 crore in Q1 June 2015 over Q1 June 2014. The result was announced after market hours yesterday, 28 July 2015.

Gujarat State Fertilizers & Chemicals' (GSFC) net profit fell 6.77% to Rs 100.90 crore on 12.87% decline in total income to Rs 1100.02 crore in Q1 June 2015 over Q1 June 2014. The result was announced after market hours yesterday, 28 July 2015.

FM radio operators wil be in focus. Ministry of Information & Broadcasting said yesterday, 28 July 2015, e-auction of the First Batch of Private FM Radio Phase III re-commenced yesterday, 28th July 2015 at and during the day, four rounds of bidding took place. Till now, 8 rounds of bidding are over. The first batch auction for135 FM Channels in 69 existing cities of Phase II began on 27th July 2015. At the close of second day of bidding, 79 channels in 55 cities became provisionally winning channels with cumulative provisional winning price of around Rs 479 crore against their aggregate reserve price of about Rs 377 crore. The auction resumed with Auction Activity Requirement set at 80%. bidding will re-commence today, 29th July, 2015.

Amtek Auto said after market yesterday, 28 July 2015, that the board of directors of the company at its meeting held on 28 July 2015, has approved raising of funds through various means i.e. issue of equity and convertible/non convertible securities or other equity linked securities and issuance of shares to promoters of the company upon conversion of their unsecured loan by way of preferential issue.

Powered by Capital Market - Live News