Monday , 19 August 2019
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Infosys to deliver Cloud Based Global Telematics Solutions for TMHNA

Infosys has been selected by Toyota Material Handling North America (TMHNA) for a cloud based IoT telematics product implementation along with application support and development for its SAP Platform. As the development partner for TMHNA Global Telematics Solution (GTS), an industry leading cloud-based IoT offering, the company will enable remote monitoring and diagnostic capabilities including vehicle access control, system maintenance, ... Read More »

Tata Steel’s OMQ division wins CII Safety, Health & Environment award for 2018-19

The Ore Mines & Quarries (OMQ) division of Tata Steel has been honored with the Excellence in Safety Health & Environment (SHE) Award for the year 2018-19 by the Confederation of Indian Industries (CII) Eastern Region (ER). The Excellence in Safety Health & Environment (SHE) Award recognizes the excellence in organisations that are showing outstanding efforts in the spheres of ... Read More »

Bank of Baroda unveils banking programme for start-ups

Bank of Baroda (BoB) has unveiled the Baroda Start-up Banking programme to become a preferred banking partner for start-ups and to connect with at least 1,000 start-ups over the next two years. Under the programme, the start-up branches will offer a bouquet of tailor-made banking products, including customised start-up current accounts, state-of-the-art payment gateways, corporate credit cards and credit facilities, ... Read More »

Tech Mahindra to pay Rs 490 crore to acquire 65% stake in MadPow

Tech Mahindra is planning to pay about Rs 490 crore to acquire 65 per cent stake in US-based strategic design consultancy firm MadPow. MadPow acquisition is expected to help the company to boost its capabilities in customer experience and digital transformation, user experience design, behaviour change design, content strategy, mobile app and web development, data science and analytics, among others. ... Read More »

IndiGo wins ‘Best Conversational Brand Online’ at SAMMIE Awards

InterGlobe Aviation (IndiGo) has received the ‘Best Conversational Brand – Online’ at SAMMIE Best Social Media Brands Awards & Summit by Social Samosa in Mumbai. The award celebrates the brands with best Content Marketing, Influencer Marketing, Social Media Advertising, the consistency to engage and converse with new audiences every day and the will to experiment with innovative ways. InterGlobe Aviation ... Read More »

Bharat Forge reports 28% fall in Q1 consolidated net profit

Bharat Forge has reported results for first quarter ended June 30, 2019. The company has reported a fall of 25.73% in its net profit at Rs 174.13 crore for the quarter under review as compared to Rs 234.46 crore for the same quarter in the previous year. Total income of the company decreased by 8.40% at Rs 1,386.67 crore for ... Read More »

Reliance Industries zooms on signing non-binding LOI with Saudi Aramco

Reliance Industries is currently trading at Rs. 1256.35, up by 94.35 points or 8.12% from its previous closing of Rs. 1162.00 on the BSE. The scrip opened at Rs. 1240.00 and has touched a high and low of Rs. 1270.00 and Rs. 1225.30 respectively. So far 503355 shares were traded on the counter. The BSE group ‘A’ stock of face ... Read More »

Castrol India launches first ever television reality show for mechanics

Udaipur : Castrol, India’s leading automotive and industrial lubricant company, today announced the of telecast of a reality show for mechanics in India, as part of its Castrol Super Mechanic Contest. The four-part show hosted by prominent television actor Ravi Dubey will document the journey of 16 car and bike mechanics who have battled to win the title of Castrol ... Read More »

Pubg Mobile Comes To Dew Arena, India’s Largest Gaming Championship

Udaipur, the hugely successfulannual gaming property powered by beverage brand Mountain Dew, now feature’s India’s biggest gamePUBG Mobileas part of the MOBILE GAMING leg of the tournament.Optimized to be played on smartphones, PUBG Mobilehas increased scalability of the game amongst consumers. As a brand focused on smaller towns, Mountain Dew has always strived to take experiences to the heartland youth ... Read More »

Tech Mahindra partners with BlockApps

Tech Mahindra and BlockApps, the leading enterprise blockchain platform provider, have entered into partnership to accelerate the adoption of blockchain business networks. Demand for enterprise blockchain networks is at an all-time high as companies are beginning to see the value in the immutability and transparency created by the blockchain; however, current adoption has been limited by the challenge of bringing ... Read More »

Hitech Corporation completes construction work at Vishakapatnam plant

Hitech Corporation has successfully completed construction work at Vishakapatnam (Vizag) plant in the state of Andhra Pradesh for setting up of facility for manufacturing rigid plastic containers and has now commenced commercial production at the said plant with effect from August 08, 2019. The total capacity of the plant would be 3,000 MT and the same is being implemented in ... Read More »

Marico to acquire stake in Revolutionary Fitness

Marico has executed amendment agreements to the shareholders agreement and the share subscription agreement with Revolutionary Fitness (Revofit) for further infusion in the equity share capital of Revofit such that it will eventually hold upto 37% of the post-acquisition paid-up share capital of Revofit. The company will explore the hybrid physical-digital business model and offer an integrated fitness solutions so ... Read More »

Radico Khaitan inches up on reporting 16% rise in Q1 net profit

Radico Khaitan is currently trading at Rs. 318.60, up by 1.05 points or 0.33% from its previous closing of Rs. 317.55 on the BSE. The scrip opened at Rs. 324.80 and has touched a high and low of Rs. 324.80 and Rs. 314.70 respectively. So far 36837 shares were traded on the counter. The BSE group ‘A’ stock of face ... Read More »

Phoenix Mills enters into scheme of amalgamation with PHCPL

Phoenix Mills has entered into scheme of amalgamation with its subsidiary company — Phoenix Hospitality Company (PHCPL). The Scheme was approved by the Board of Directors of both the companies at respective board meetings held earlier August 07, 2019 and will become effective from the appointed date of April 01, 2019 subject to receipt of approvals from National Company Law ... Read More »

CatFinancial Launches India Operations with Bangalore Office

Udaipur : Caterpillar Financial Services India Pvt. Ltd. (Cat Financial India), a whollyowned subsidiary of Caterpillar Inc., announced today the launch of its India operations effective July 1, 2019. Headquartered in Bangalore, Cat Financial India, along with Caterpillar’stwo Indian dealers, Gmmco Ltd and Gainwell Commosales Pvt Ltd, will support customers in India by offeringa one stop solution for customizedfinancial services ... Read More »

GTPL Hathway trades higher on the bourses

GTPL Hathway is currently trading at Rs. 78.70, up by 1.15 points or 1.48% from its previous closing of Rs. 77.55 on the BSE. The scrip opened at Rs. 77.00 and has touched a high and low of Rs. 84.70 and Rs. 77.00 respectively. So far 786 shares were traded on the counter. The BSE group ‘B’ stock of face ... Read More »

Fortis Healthcare soars on turning black in Q1

Fortis Healthcare is currently trading at Rs. 124.25, up by 3.80 points or 3.15% from its previous closing of Rs. 120.45 on the BSE. The scrip opened at Rs. 122.10 and has touched a high and low of Rs. 128.00 and Rs. 122.00 respectively. So far 20512 shares were traded on the counter. The BSE group ‘A’ stock of face ... Read More »

United Bank of India surges on turning black in Q1

United Bank of India is currently trading at Rs. 9.66, up by 0.13 points or 1.36% from its previous closing of Rs. 9.53 on the BSE. The scrip opened at Rs. 9.69 and has touched a high and low of Rs. 9.87 and Rs. 9.61 respectively. So far 24642 shares were traded on the counter. The BSE group ‘B’ stock ... Read More »

Vardhman Special Steels surges on planning to raise funds

Vardhman Special Steels is currently trading at Rs. 80.10, up by 2.10 points or 2.69% from its previous closing of Rs. 78.00 on the BSE. The scrip opened at Rs. 81.00 and has touched a high and low of Rs. 85.10 and Rs. 80.10 respectively. So far 688 shares were traded on the counter. The BSE group ‘B’ stock of ... Read More »

Reliance Industries, BP to form JV for setting up 5,500 petrol pumps

Reliance Industries and UK’s BP have agreed to form a new Joint Venture (JV) to set up 5,500 petrol pumps and retail aviation turbine fuel to airlines in India. The joint venture will build on the company’s existing fuel retailing network of near 1,400 petrol pumps and an aviation fuel business. The final agreements will be reached during 2019 and, ... Read More »

Vodafone Idea launches new offer for prepaid customers

Vodafone Idea has launched new offer for all its prepaid customers. The operator is promising assured freebies like unlimited calls, cashback, extra data, caller tune on every recharge for all prepaid users, during the offer period. The launched under the banner ‘Har Recharge Pe Extra’ for Idea customers and ‘Har Recharge pe Inaam’ for Vodafone customers, the campaign is aimed ... Read More »

ICICI Lombard surges on partnering with True Balance

ICICI Lombard General Insurance Company is currently trading at Rs. 1173.95, up by 10.50 points or 0.90% from its previous closing of Rs. 1163.45 on the BSE. The scrip opened at Rs. 1170.00 and has touched a high and low of Rs. 1175.75 and Rs. 1162.05 respectively. The BSE group ‘A’ stock of face value Rs. 10 has touched a ... Read More »

IRB Infrastructure Developers zooms on the bourses

IRB Infrastructure Developers is currently trading at Rs. 104.05, up by 8.70 points or 9.12% from its previous closing of Rs. 95.35 on the BSE. The scrip opened at Rs. 100.00 and has touched a high and low of Rs. 106.00 and Rs. 98.90 respectively. So far 147605 shares were traded on the counter. The BSE group ‘A’ stock of ... Read More »

AU Small Finance Bank launches account opening on WhatsApp

AU Small Finance Bank has rolled out its Savings Bank Account opening process initiated with WhatsApp. This service is powered by Karix Mobile using an advanced multi-channel conversational and compute platform. Using Karix’s versatile platform, the Bank’s interested customers will be able to initiate the opening of their savings account in less than 5 minutes using an interactive chat-like interface ... Read More »

Berger Paints reports 32% rise in Q1 consolidated net profit

Berger Paints India has reported results for first quarter ended June 30, 2019. The company has reported a rise of 27.42% in its net profit at Rs 164.45 crore for the quarter under review as compared to Rs 129.06 crore for the same quarter in the previous year. Total income of the company increased by 15.49% at Rs 1,601.59 crore ... Read More »