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Page 3558 - Business Finance

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Updated On : 13 Jun 2018 | 4:31 PM IST
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Updated On : 13 Jun 2018 | 4:31 PM IST
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Updated On : 13 Jun 2018 | 4:31 PM IST
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Updated On : 13 Jun 2018 | 4:31 PM IST
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Updated On : 13 Jun 2018 | 4:31 PM IST
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Updated On : 13 Jun 2018 | 4:31 PM IST
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Updated On : 13 Jun 2018 | 4:31 PM IST
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Updated On : 13 Jun 2018 | 4:31 PM IST

Fine Organic $89 million IPO to open on June 20

(Reuters) - Indian additives maker Fine Organic Industries Ltd has set a price range of 780 rupees-783 rupees a share for an initial public offering (IPO) that will open on June 20, according to a public notice on Wednesday.

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Updated On : 13 Jun 2018 | 4:25 PM IST

Gold eases ahead of expected U.S. rate rise

LONDON (Reuters) - Gold edged lower on Wednesday, pressured by a slightly stronger dollar, but activity was muted ahead of a Federal Reserve policy announcement that could trigger a sharp move in prices.

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Updated On : 13 Jun 2018 | 4:25 PM IST

HDFC Capital takes equity stake in ATS' Homekraft

Real estate firm HomeKraft on Wednesday said that it has diluted minority equity stake to HDFC Capital Affordable Real Estate Fund.

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Updated On : 13 Jun 2018 | 4:25 PM IST

Nitesh Banga appointed COO, GlobalLogic Inc.

GlobalLogic Inc., a digital product engineering services provider, announced the appointment of services industry veteran, Nitesh Banga, as its chief operating officer.In his new role, Banga will report directly to CEO Shashank Samant, while working closely with the company's other senior leaders."Nitesh is a well-respected and exceptionally qualified executive who will drive strategic prioritization and profitable growth initiatives within GlobalLogic. I have tremendous confidence in his ability to align our world-class engineering delivery capabilities with best-in-class operational practices, in order to better serve our customers and drive and extend the next phase of GlobalLogic's market growth," said Shashank.Effective immediately, Banga will assume responsibility for all delivery, operations, talent recruitment and management, and information technology. He will be responsible for the alignment and prioritisation of GlobalLogic's investments- enabling growth, consistency, ...

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Updated On : 13 Jun 2018 | 4:25 PM IST

Marg ERP expects 50% biz growth in Fy'19

Home-grown business software firm Marg ERP today said it expects to garner revenue of around Rs 110 crore in 2018-19 financial year. The company is also planning to raise Rs 100 crore to fund its future growth. "In 2017-18, we posted revenue of around Rs 73 crore. This year we expect Rs 100 crore from domestic market and additional Rs 10 crore from overseas markets," Marg ERP MD Sudhir Singh said at an event unveiling the company's partnership with ICICI Bank. Under the tie-up, Marg ERP has linked its artificial intelligence (AI) based enterprise resource planning software with ICICI Bank's current account that will enable reconciliation between payments made from bank account and accounts of the firm. "Our focus has been on SMEs. We started AI in our software since the beginning. We have a team of 200 people for research and development to focus on new technology," Singh said. The company has over 600 people on direct roles and has roped in around 8,000 people through partners. Singh

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Updated On : 13 Jun 2018 | 4:20 PM IST

Refined palmolein declines in listless trade

Refined palmolein declined further in an otherwise listless Vashi oils and oilseeds wholesale market here today on lower demand from retail buyers. Meanwhile, groundnut oil, castor seeds bold, castor oil commercial and linseed oil ruled steady in the absence of any worthwhile buying activities. In the edible segment, refined palmolein edged down by Rs 4 per 10 kg to Rs 709 from Tuesday's closing level of Rs 713 and groundnut oil ended unaltered to Rs 825 per 10kg. Moving to non-edible section, castor seeds bold, castor oil commercial and linseed oil closed unchanged at Rs 3,970 per 100 kg, Rs 824 per 10kg and Rs 800 per 10kg, respectively.

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Updated On : 13 Jun 2018 | 4:20 PM IST

GBL Industries announces change in directorate

1.Resignation of Mayank Agarwal, Managing Director and Director of the Company with effect from 13 June, 2018.

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Updated On : 13 Jun 2018 | 4:16 PM IST
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Updated On : 13 Jun 2018 | 4:16 PM IST