Page 391 - Bs Reporter

Sudhir Chaturvedi quits as COO of NIIT Technologies

He led its financial services business in the US, had joined NIIT Tech in August 2013

Ford cuts Figo, Aspire prices by up to 13%

Both these vehicles have been launched in last one year

DCM Shriram Q1 net up 34% at Rs 167 crore; sugar, chemicals improve earnings

Net revenue of the company declined by over 19% to Rs 1,442 crore for April-June quarter of FY17

TCS ranked 58th most valuable US brand

The company's brand value grew 286% from $2.3 bn in 2010 to $9.04 bn in 2016, according to Brand Finance

Robbers cut through roof of a Chennai-bound train bogey containing RBI money

RBI is yet to figure out how much it has lost among the Rs 342 cr stashed in 226 boxes in a train going to Chennai

Natco Pharma Q1 net profit jumps almost 70% to Rs 48 crore

Formulations' share in total income of the company rose to 87% in the quarter, compared to 76.49% in the corresponding quarter last fiscal.

RummyCircle launches thrilling TVC for rummy lovers

The latest commercial by RummyCircle.com is an immersive take on the action-packed nature of a typical game of rummy played by connoisseurs

Salarpuria, Apollo set up JV for acquiring projects in Bengaluru, Vadodara

The deal value is Rs 275 cr

Vodafone renews multi-million dollar IT deal with IBM

Although the companies did not disclose financial details of the deal, as per market estimates, it is worth $750-850 mn

Raymond eyes Rs 100 cr revenues from Technosmart fabric

The polywool fabric has features like UV protection, wrinkle resistance and smooth touch, ideal for crafting trousers, suits and jackets

M&M to set up nation's first auto shredding unit in Western India

Company silent on quantum of investment; will enter 50:50 JV with MSTC, a govt-owned firm

Toyota launches petrol Innova to resume Delhi sales

The 2,700-cc engine petrol vehicle has been launched at Rs 13.72 lakh (ex showroom, Delhi) and the top variant comes for Rs 19.62 lakh

Synchrony Financials to expand operations in Hyderabad

The company has signed an agreement to lease more than 200,000 square feet office space in Knowledge City

Hero MotoCorp clocks 18% growth in net profit

Posts net profit of Rs 883 crore for June quarter against Rs 747 crore in the corresponding period of last year

Zydus acquires derma brand Melgain from Issar Pharma

The brand will be marketed by Liva Healthcare, the group's division catering to dermatological segment

Assocham for up to 20% GST rate

For incuding services of mass consumption

Essar Oil to invest Rs 1200 cr in Vadinar refinery

The company has already invested Rs 400 crore during a 28-day planned shutdown of the refinery in September-October last year

Markets rise on BoE stimulus

Bank stocks gain on long-term inflation target; auto stocks continue to gain on GST

NDTV loss in Q1FY17 widens

Revenues for the group decreased 8 per cent for the Q1 of FY 2016-17 against Q1 of FY 2015-16

HT Media Q1 revenue up 7.5% at Rs 662 cr

Net profit rose marginally to Rs 39.3 cr