EbixCash World Money acquires stake in Weizmann Forex
EbixCash World Money has acquired stake in Weizmann Forex, consisting of 83,28,540 equity shares at price of Rs 528 representing 74.84% on February 06, 2019…
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Oil India reports 75% rise in Q3 net profit
Oil India has reported results for third quarter ended December 31, 2018. The company has reported a rise of 74.90% in its net profit at…
NLC reports 5% rise in Q3 net profit
NLC India has reported results for third quarter ended December 31, 2018. The company has reported 5.00% rise in its net profit at Rs 329.49…
RBI levies monetary penalty of Rs 2 million on HDFC Bank
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 2 million on HDFC Bank for non‐compliance with various directions issued by…
JK Paper reports 10% rise in Q3 net profit
JK Paper has reported results for third quarter ended December 31, 2018. The company has reported 9.76% rise in its net profit at Rs 120.26…
M&M participates in new road safety campaign: Report
Mahindra & Mahindra (M&M) has reportedly participated in a new road safety campaign ‘1 Crore Haath Saath Saath’. The road safety campaign was organised by…
Jain Irrigation Systems reports 23% rise in Q3 consolidated net profit
Jain Irrigation Systems has reported results for third quarter ended December 31, 2018. The company has reported a marginal fall of 2.70% in its net…
HUDCO achieves level of loan sanctions worth Rs 15,581.24 crore
Housing and Urban Development Corporation (HUDCO) has achieved the level of loan sanctions of Rs 15,581.24 crore and loan releases of Rs 15,534.37 crore (Release…
Bata reports 51% rise in Q3 net profit
Bata India has reported results for third quarter ended December 31, 2018. The company has reported 51.36% rise in its net profit at Rs 103.18…
JSW Steel gets LoI for Bhushan Power and Steel acquisition
JSW Steel has received a Letter of Intent (LoI) from the Insolvency Resolution Professional (IRP) of Bhushan Power and Steel, declaring it the highest bidder…