Indian Overseas Bank reduces loss incurring branches to 157 from 742
Indian Overseas Bank (IOB) has cut down the number of loss incurring branches to 157 as on March 2019, from 742 branches in March 2015.…
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Speedcast International signs partnership agreement with Nelco
Speedcast International has signed a partnership agreement with Nelco to offer seamless global communications while at sea in Indian waters. In this partnership, the company…
Som Datt Finance gets nod to sell 99.99% stake of wholly owned subsidiary
Som Datt Finance Corporation has received an approval to sell 5,10,000 equity shares (99.99% of total paid up capital) of Som Datt Infosoft, a wholly…
Indiabulls Housing Finance reports 7% fall in Q4 consolidated net profit
Mumbai : Indiabulls Housing Finance has reported results for fourth quarter and year ended March 31, 2019. The company has reported a fall of 12.44%…
Britannia Industries to discontinue job work contract with Shah Foods
Shah Foods has received a letter from Britannia Industries stating that the job work contract is terminated with effect from June 30, 2019. The Board…
ICICI Prudential Life Insurance reports 23% fall in Q4 consolidated net profit
Mumbai : ICICI Prudential Life Insurance has reported results for the fourth quarter and year ended March 31, 2019. The company has reported a fall…
SIS to acquire stake in SPAMRS
Security and Intelligence Services (SIS) has received approval for the acquisition of shares in SIS Prosegur Alarm Monitoring and Response Services (SPAMRS) from Singpai Alarms.…
Bharti Infratel reports marginal rise in Q4 consolidated net profit
Mumbai : Bharti Infratel has reported results for fourth quarter and year ended March 31, 2019. The company has reported a rise of 16.19% in…
Ipca Laboratories to acquire stake in Ramdev Chemical
Mumbai : Ipca Laboratories has entered into a Share Purchase Agreement (SPA) to acquire 100% paid-up share capital of Ramdev Chemical, engaged in the business…
Max India’s arm initiates ExYourExcuse campaign
Max India’s subsidiary — Max Bupa has initiated a month long integrated campaign ExYourExcuse, in order to nudge people, especially the youth, to take their…