Berger Paints India's consolidated net profit rose 55.35% to Rs 138.78 crore on 8.48% rise in total income to Rs 1289.75 crore in Q2 September 2016 over Q2 September 2015. The result was announced after market hours yesterday, 3 November 2016.
Wipro announced the appointment of Gilles Grange, as the regional head of its operations in France. In his new role, Gilles will be responsible for building and strengthening the company's presence in France by pursuing new business opportunities and growing its visibility in the region. He will be based in Paris, and report to Christophe Martinoli, Vice President and Head of Continental Europe. The announcement was made after market hours yesterday, 3 November 2016.
Bharti Airtel will be in focus. Bharti Airtel International (Netherlands) BV (Airtel) and Zain Telecom (Zain) have reached an agreement, pursuant to which Zain is to pay to Airtel about $129 million for the settlement of all of Airtel's claims on account of the Nigeria Litigation, certain tax matters and associated legal costs. Under the terms of the 2010 share sale/purchase agreement, Zain had provided Airtel certain indemnities covering the Nigeria Litigation and for certain tax claims. A separate settlement has been reached between Airtel and Econet Wireless settling all claims, disputes whatsoever, between the two including in Nigeria and Netherlands. With these settlements, Airtel has closed several ongoing major litigations in Nigeria, UK and Netherlands. The announcement was made after market hours yesterday, 3 November 2016.
NMDC announced that it has kept unchanged price of lump iron ore at Rs 2,100 per wet metric tonne and that of fines iron ore price at Rs 1,760 per wet metric tonne with effect from 3 November 2016 compared with prices in October. The announcement was made after market hours yesterday, 3 November 2016.
Grindwell Norton's consolidated net profit rose 20% to Rs 29.49 crore on 12.44% rise in total income from operations to Rs 335.54 crore in Q2 September 2016 over Q2 September 2015. The result was announced after market hours yesterday, 3 November 2016.
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Monsanto India reported net profit of Rs 0.89 crore in Q2 September 2016 compared with net loss of Rs 26.38 crore in Q2 September 2015. Total income jumped 148.86% to Rs 99.37 crore in Q2 September 2016 over Q2 September 2015. The result was announced after market hours yesterday, 3 November 2016.
Hexaware Technologies turns ex-dividend today, 4 November 2016 for interim dividend of Rs 1 per share for the year ending 31 December 2016 (FY 2016).
Hindustan Zinc turns ex-dividend today, 4 November 2016 for interim dividend of Rs 1.90 per share for the year ending 31 March 2017 (FY 2017).
Info Edge (India) turns ex-dividend today, 4 November 2016 for interim dividend of Rs 1.50 per share for the year ending 31 March 2017 (FY 2017).
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