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Author Archives: chundawat

TCS enters into partnership with SAP

Tata Consultancy Services (TCS) has entered into partnership with SAP to build the Intelligent Rail Digital Maintenance (iRDM) solution, powered by SAP Leonardo, to help rail customers digitally transform their businesses. TCS’ iRDM Solution leverages cutting edge technologies including Internet of Things, machine learning, advanced analytics, big data, drones and ... Read More »

DB Corp’s radio division hikes ad rates by 15%

DB Corp’s radio division MY FM has increased its ad rates by 15 percent across key markets. The hike is effective November 15, 2018 backed by strong growth in listenership across its key markets including Ahmedabad, Chandigarh, Jaipur, Indore, Bhopal, Nagpur, Raipur, Surat, Nashik, Aurangabad and Rajkot. DB Corp is ... Read More »

Points to Remember While Filling NEET Application Form

The National Eligibility Entrance Test is one of the most important entrance exams conducted for the students seeking admission to medical and BDS courses. The NEET Application Form was released online by NTA last week. Candidates can fill the application form by visiting the official website of NTA. The application ... Read More »

PNB Gilts reports 71% rise in Q2 net profit

PNB Gilts has reported results for second quarter ended September 30, 2018. The company has reported 71.36% rise in its net profit at Rs 11.07 crore for the quarter under review as compared to Rs 6.46 crore for the same quarter in the previous year. Total income of the company ... Read More »

USFDA completes audit of Dr. Reddy’s Andhra Pradesh facility

The US Food and Drug Administration (USFDA) has completed the audit of Dr. Reddy’s Laboratories’ Formulations Srikakulum Plant (SEZ) Unit II, Andhra Pradesh on November 16, 2018 with zero observations. Dr. Reddy’s Laboratories is a multinational pharmaceutical company based in Hyderabad, Telangana in India. It manufactures and markets a wide ... Read More »

Siemens reports 55% fall in Q4 net profit

Siemens has reported results for fourth quarter ended September 30, 2018. The company has reported 55.24% fall in its net profit at Rs 279.20 crore for the quarter under review as compared to Rs 623.80 crore for the same quarter in the previous year. However, total income of the company ... Read More »

GVK Power gets approval to raise Rs 8,000 crore

GVK Power & Infrastructure (GVKPIL) has received approval from its shareholders to raise funds upto Rs 8,000 crore by disposal, sale, lease, hypothecation, mortgage, charge or otherwise of all or any of the immovable and movable properties of the company. The shareholders of the company at its annual general meeting ... Read More »

M&M to hike price of Marazzo by up to Rs 40,000

Mahindra & Mahindra (M&M) is planning to increase price of its newly launched multi-purpose vehicle (MPV) Marazzo by Rs 30,000 to Rs 40,000 from January 01, 2019. The Marazzo was launched in September with introductory prices starting at Rs 9.99 lakh and going up to Rs 13.90 lakh, depending on ... Read More »

Northern Multi Manager acquires 16.94 lakh shares of Mindtree

Northern Multi Manager Emerging Markets Equity Fund has bought 16.94 lakh equity shares of Mindtree for Rs 840.01 per share on the BSE on November 16, 2018. However, Copthall Mauritius Investment has offloaded 16.94 lakh equity shares for Rs 840.00 per share on the same day. Mindtree delivers digital transformation ... Read More »