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Indian Bank reports 67% fall in Q2 net profit

Indian Bank has reported results for second quarter ended September 30, 2018. The Bank has reported 66.75% fall in its net profit at Rs 150.14 crore for the quarter under review as compared to Rs 451.54 crore for the same quarter in the previous year. However, total income of the ... Read More »

AI Champdany Industries signs MoU with Complement Blends

AI Champdany Industries has on November 05, 2018 executed a Memorandum of Understanding (MoU) with Complement Blends for the sale and disposal of the Wellington Jute Mill, Wellington Yarn Unit and the Wellington Weaving Unit all located in same place situated and lying within Mouzas Mahesh and Rishra in Rishra ... Read More »

India Cements reports 94% fall in Q2 net profit

India Cements has reported results for second quarter ended September 30, 2018. The company has reported a fall of 93.96% in its net profit at Rs 1.43 crore for the quarter under review as compared to Rs 23.67 crore for the same quarter in the previous year. However, total income ... Read More »

USG Tech Solutions to invest in Niskarsh Properties

USG Tech Solutions has decided to enter into a Share Purchase Agreement (SPA), relate to the investment in the share capital of Niskarsh Properties. USG Tech Solutions after the shares transfer would hold 100% share capital of Niskarsh Properties. Niskarsh Properties belongs to real estate business. USG Tech Solutions is ... Read More »

DCM Shriram contracts 40,000 tonnes of sugar exports

DCM Shriram has contracted around 40,000 tonnes of sugar exports so far and will undertake shipments of entire 92,000 tonne quota assigned to it by April-May next year. The company is expanding its sugar business and has chalked out a Rs 660 crore expansion plan, which includes addition of cane ... Read More »

Eris Lifesciences executes agreement with Kinedex Healthcare

Eris Lifesciences has executed a share purchase agreement with Rakesh Dhuria, a promoter of Kinedex Healthcare, with the intent of increasing its ownership and control of the said subsidiary i.e. Kinedex by way of purchase of 12,239 equity shares of face value of Rs 10 each (equivalent to 6.71%). Prior ... Read More »

Solara Active gets EIR from USFDA for Mangalore facility

Solara Active Pharma Sciences has completed USFDA inspection at its multi-product API facility in Mangalore. As part of GMP compliance audit, the company has received Establishment Inspection Report (EIR) from USFDA, thereby confirming the closure of the inspection in July 2018. Solara Active Pharma Sciences is a young, dynamic, entrepreneurial ... Read More »

NBCC inks pact with Health and Family Welfare to buy out HSCC

NBCC (India) and Ministry of Health and Family Welfare have signed the Share Purchase Agreement on November 06, 2018 for the transfer of 100% share holding of HSCC to NBCC. NBCC (India) is one of the few public sector companies engaged in the business of project management consultancy services for ... Read More »

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