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Jyothy Laboratories' Q2 net profit up 61%

Net sales of jumped by a marginal 6.64% to Rs 433.49 crore as against Rs 406.50 crore in same quarter

PNB Housing Finance IPO subscribed 0.2 times on Day 1

The issue saw a positive response from the institutional investors on day one as the portion was subscribed 0.35 times

L&T Infotech announces the acquisition of Pune-based start-up AugmentIQ

It will gain access to MAXIQ which is currently servicing one of the world's largest credit bureaus, large banks

Public cloud most favoured by technologists in India: Microsoft

Technologists named IoT, data analytics and CRM among the most favored services to be hosted on public cloud

Adani Ports' standalone net profit dips by 13.48% in Q2FY17

The company's net income for the same period has declined by 16.52 per cent to Rs 1,301.87 crore as against Rs 1,559.67 crore

Zydus Wellness Q2 Net up 10.2% to Rs 32 crore

Gross margins increased by 140 basis points and reached 66.8 per cent

Alembic Q2 net dips 58%to Rs 119 crore

The company's net sales also dipped by 13.5 per cent to Rs 879 crore for the quarter under review

Hexaware Q3 net profit growth flat

For the quarter, the company reported US dollar revenue at $135.9 million up 4.8 per cent on QoQ basis

Arvind Ltd posts 20% jump in net profit at Rs 78 crore before exceptional items

Consolidated EBIDTA was up by 2% at Rs 232 cr for Q2, FY 2016-17 as against Rs 228 crore in the comparable quarter previous year

Symphony Ltd reports 36.58% rise in standalone profit in Q2FY17

Board of directors of Symphony declared second interim dividend by 50 per cent to Rs 1 per equity share of Rs 2

ICICI Pru Life Q2 net flat at Rs 419 cr

New business premiums up 21% at Rs 1529 cr, persistency ratio at 78.6%, slightly down from 79.1% a year ago

Hybrid variant of Honda Accord launched at Rs 37 lakh

Honda touts it as the most fuel efficient vehicle in the segment

Salaried tax payers will now get SMS alerts on TDS deductions

Finance Minister Arun Jaitley on Monday launched the service. Central Board of Direct Taxes or CBDT will soon offer this facility on a monthly basis.

Entrepreneurship Development Institute to nurture 10 start-ups a year

The centre will nurture start-ups in manufacturing, food or agriculture business, renewable energy and health care

MCX to set up disaster recovery site at GIFT

It aims to carry out all critical operations and processes seamlessly and effectively in any eventuality

NPAs: Supreme Court to examine disclosure of names

Centre for Public Interest Litigation has moved the court for the disclosure

SC to examine disclosure of names in NPAs

Solicitor General Ranjit Kumar, appearing for the government, said that that it was for the banks to disclose the names

We should have a reasonable Q3: Anand Deshpande

Interview with Chairman & MD of Persistent Systems

Adani Power's standalone net loss narrows to Rs 135 cr in Q2FY17

The company has reported consolidated net loss of Rs 114.40 crore in Q2FY17 as against Rs 410.92 crore in Q2FY16

Industry veteran Milind Sarawate to join Future Group board

Sarwate set up a limited liability partnership firm- Increate Value Advisors- on March 29, 2015