Page 763 - Business Finance
Tata Power Company Ltd up for third straight session
Tata Power Company Ltd is quoting at Rs 70.4, up 1.81% on the day as on 12:54 IST on the NSE. The stock is down 11.11% in last one year as compared to a 8.74% jump in NIFTY and a 14.8% jump in the Nifty Energy index.
Reliance Infrastructure Ltd gains for third consecutive session
Reliance Infrastructure Ltd is quoting at Rs 136.75, up 4.87% on the day as on 12:54 IST on the NSE. The stock is down 66.63% in last one year as compared to a 8.74% spurt in NIFTY and a 14.8% spurt in the Nifty Energy index.
Amara Raja Batteries Ltd spurts 1.39%, up for third straight session
Amara Raja Batteries Ltd is quoting at Rs 745.55, up 1.39% on the day as on 12:54 IST on the NSE. The stock is down 3.53% in last one year as compared to a 8.74% gain in NIFTY and a 19.78% gain in the Nifty Auto index.
State Bank of India spurts 1.43%, rises for fifth straight session
State Bank of India is quoting at Rs 280.4, up 1.43% on the day as on 12:49 IST on the NSE. The stock is up 13.68% in last one year as compared to a 8.79% jump in NIFTY and a 14.39% jump in the Nifty Bank.
Schaeffler India CEO joins Group Executive Board
With effect from 01 October 2019
Subex continues engagement with Botswana Telecommunications Corporation
Powered by Capital Market - Live News
Punjab relaxes GST to benefit industry
In a move to boost industrial development in the state, the Punjab Cabinet on Wednesday approved an amendment to the Goods and Services Tax (GST) incentives notified under the Industrial and Business Development Policy 2017.
Sicagen India Ltd leads gainers in 'B' group
Coral India Finance & Housing Ltd, Zicom Electronic Security Systems Ltd, Zodiac-JRD-MKJ Ltd and Ashapura Minechem Ltd are among the other gainers in the BSE's 'B' group today, 06 March 2019.
Glenmark Pharmaceuticals Announces Appointment of Alessandro Riva as CEO of its New Innovation Company
/ -- Glenmark Pharmaceuticals, a research-led, integrated global pharmaceutical company, today announced that Alessandro Riva, MD, will join its new innovation company as Chief Executive Officer. Alessandro is currently Executive Vice President, Oncology Therapeutics and Cell Therapy for Gilead Sciences. The appointment is effective April 2, 2019. (Logo: http://mma.prnewswire.com/media/451507/PRNE_Glenmark_Logo.jpg) Glenmark Pharmaceuticals announced on February 14, 2019, the in-principle approval from its Board of Directors to spin off the innovation business into a new company headquartered in the U.S. The new company will be a wholly owned subsidiary of Glenmark and will operate with Alessandro Riva as the CEO, a management team and an independent Board of Directors. "We are pleased that Alessandro will assume the role of CEO of the new innovation business," said Glenn Saldanha, Chairman & Managing Director, Glenmark Pharmaceuticals. "His extensive and diverse industry ...
Jammu and Kashmir Bank Ltd leads gainers in 'A' group
Dewan Housing Finance Corporation Ltd, New India Assurance Company Ltd, Time Technoplast Ltd and Lakshmi Vilas Bank Ltd are among the other gainers in the BSE's 'A' group today, 06 March 2019.
Indian Hume Pipe Company bags two projects worth Rs 254.98 crore
Powered by Capital Market - Live News
HCL Technologies recognised as 'Leader' in Global Capital Markets Application Services
By Everest Group
NELCO gets in-flight, maritime connectivity licence from DoT
Tatanet Services, a wholly owned subsidiary of Nelco Limited, Wednesday said it has recently obtained in-flight, maritime connectivity licence from Department of Telecommunications, a move that can improve business productivity for the airlines and shipping companies. "...the IFMC license will make it possible to have uninterrupted access to voice, data and video services while also travelling on aircrafts, sailing vessels, cruise liners etc in India, using satellite technology," Nelco Limited (NELCO) said in a statement. This can help bring operational efficiencies to improve business productivity for the airlines and shipping companies, which were not so evolved until now, it added. "Internet and voice communication while sailing or flying within Indian waters and airspace are important needs but not fulfilled so far due to regulatory restrictions," NELCO Managing Director and CEO P J Nath said. The license for IFMC services (in-flight and maritime connectivity) by DoT will now make
Quick Heal Tech spurts as board approves buyback
Quick Heal Technologies rose 4.59% to Rs 234.70 at 11:35 IST on BSE after the company's board of directors approved buy-back of equity shares at Rs 275 per share on a proportionate basis.
Benchmarks firm up; most metal shares advance
Key equity indices firmed up once again in mid-morning trade. At 11:25 IST, the barometer index, the S&P BSE Sensex, was up 137.67 points or 0.38% at 36,580.21. The Nifty 50 index was up 46.70 points or 0.43% at 11,034.15.
Volumes jump at Jammu and Kashmir Bank Ltd counter
Jammu and Kashmir Bank Ltd saw volume of 12.29 lakh shares by 10:49 IST on BSE, a 24.98 fold spurt over two-week average daily volume of 49178 shares
L&T Construction bags large orders from Bangalore Metro Rail Corporation
Infrastructure giant Larsen & Toubro (L&T) Wednesday said the heavy civil infrastructure business of its construction arm has bagged "large" contracts from Bangalore Metro Rail Corporation Ltd. The engineering and construction company, however, did not provide the exact value of the contract; but as per its project classification, the value of the contracts was in "large" category which is in the range of Rs 2,500 to Rs 5,000 crore. "Heavy Civil Infrastructure Business of L&T Construction has secured orders from Bangalore Metro Rail Corporation Ltd for the design and construction of the phase - 2 works," L&T said in BSE filing. The project work includes construction of under-ground structures (tunnels and stations) 2.76 Km (approx) long from Vellara Junction station to Shivajinagar station and three UG Metro Stations at Vellara Junction, M G Road and Shivajinagar on the Reach-6 line. The project work also includes design and construction of under-ground structures ...
Sensex, Nifty come off day's high
The market came off day's high and was trading with modest gains in morning trade. At 10:30 IST, the barometer index, the S&P BSE Sensex, was up 67.57 points or 0.19% at 36,510.11. The Nifty 50 index was up 28.15 points or 0.26% at 11,015.60. The Nifty crossed the psychologically important 11,000 mark.
Apple tops global wearables market, Xiaomi 2nd: IDC
Apple continued to rule the global wearables market with 10.4 million Apple Watches among 16.2 million devices shipped in the Q4 2018, the International Data Corporation (IDC) said on Wednesday.
Glenmark Pharma appoints Alessandro Riva as CEO of its new innovation company in US
Drug major Glenmark Pharmaceuticals Wednesday announced the appointment of Alessandro Riva as the Chief Executive Officer (CEO) of its new innovation company based in the US. "Alessandro is currently Executive Vice President, Oncology Therapeutics and Cell Therapy for Gilead Sciences. The appointment is effective April 2, 2019," Glenmark Pharma said in a regulatory filing. On February 14, this year, Glenmark Pharmaceuticals had announced it has received in-principle approval from its board of directors to spin off the innovation business into a new company headquartered in the US. "The new company will be a wholly-owned subsidiary of Glenmark and will operate with Alessandro Riva as the CEO, a management team and an independent Board of Directors," the company added. Alessandro also worked in companies including Novartis, Rhne-Poulenc Rorer and Aventis, France. The new innovation company will be headquartered in Paramus, New Jersey. Global locations include two R&D centers in ...