Page 347 - Bs Reporter

Srikalahasthi Pipes Q3 profit dips marginally to Rs 40 crore

Total income from operations at Rs 292 cr during the quarter, up from Rs 280 cr a year ago

Visa changes if any, will only impact at end of 2018: Hexaware

Changes are likely to be prospective, won't impact firm as it needn't alter existing H1-B salaries

ASK group makes Rs 440-crore exit from 3 realty projects

These include residential projects of Puranik Group, ATS Infrastructures, Shriram Properties

Hexaware Technologies Q4 PAT up 22.3% YoY

Revenue for the quarter increased 14.8% year-on-year to Rs 940.9 crore, grew 4% quarter-on-quarter

RBL Bank Q3 net up 59% to 129 cr on higher net interest income

Net interest income up 45%; other income up 66% to Rs 182 cr; slight improvement in asset quality

Lower demand widens Adani Power's Q3 standalone loss 16-fold to Rs 478 cr

-Posts consolidated net loss at Rs 323.61 crore as against a net profit of Rs 109.49 crore

Bank employees to hold all India strike on February 7

They allege that the cash crunch is continuing and most of the ATMs are still non-functional

Future Group bets on organic food, inks pact with Tilda Hain

FCL is the food and FMCG arm of Future Group, Tilda Hain India is a part of the Hain Celestial Group

Zydus Cadila acquires US-based specialty drugs player Sentynl

With this acquisition, Zydus makes a foray into the specialty pain market in the US valued at $8 bn

Phaneesh Murthy joins Cigniti as non-executive director

He was previously associated with Infosys and iGate in leadership roles

Gujarat announces 124% wage hike for fixed-pay employees from Feb 1

Over 118,000 staff to benefit; hike to cost state Rs 1,300 cr

AP eyes a bigger investment pie at the upcoming partnership summit

Total investment intents worth about Rs 5 lakh cr are expected at summit

HDFC Bank, Canara Bank cuts MCLR rates

The new rates are effective from January 7th

Telangana joins UDAY scheme, discoms to get Rs 890 cr interest relief

Under UDAY scheme, state govt will take over 75% of the discoms' total debt of Rs 11,897 cr

Hero ISL 2016 watched by 216 million viewers in India

Last year the event's viewership stood at 207 million

Everstone invests Rs 238 cr in nutritional ingredients' supplier OmniActive

OmniActive has manufacturing facilities and R&D centres across India and Canada

Andhra Bank reduces lending rate by 80 basis points

The changed rates will be applicable across all tenures from Tuesday onwards

Ashok Leyland's December sales down by 12% at 10,731 units

Sales of medium and heavy commercial vehicles fell by 9% to 8,782 units in December

Bandhan Bank cuts lending rate for small borrowers to 10.52%

Bandhan Bank will now charge its micro borrowers interest at 18.52% a year, down from 19.90%

Global biz leaders to descend on Gandhinagar for Vibrant Gujarat Summit

Boeing, Cisco, RasGas, Suzuki, Capgemini, Sistema, Dell, Vodafone, 3M to participate