Thursday , May 23 2019
Breaking News
Home / BUSINESS (page 20)


TCS’ Official Race App sees all-time high popularity

Tata Consultancy Services’ (TCS) Official Race App saw all-time high popularity, with over 465,000 downloads and more than 120,000 concurrent users at peak load. The company designed and developed the Official Race App to provide runners and spectators with digital access to all the event information, local points of interest ... Read More »

KDDL’s arm raises funds worth Rs 4.99 crore

KDDL’s Material Subsidiary, Ethos has raised funds amounting to Rs 4.99 crore by way of preferential allotment of 171,232 fully paid equity shares of Rs 10 each at a premium of Rs 282 per share to KDDL, holding company. Post the said allotment, consolidated shareholding of KDDL (directly and indirectly ... Read More »

KEC bags new orders for worth Rs 1,233 crore

KEC International has secured orders of Rs 1,233 crore across its various businesses. The company’s Transmission & Distribution (T&D) business has secured turnkey orders of Rs 650 crore across India, Malaysia, Zambia, Nepal and the Americas and the railway business has secured fresh and change orders for composite and overhead ... Read More »

KEC International to raise Rs 500 crore via NCDs

KEC International has received approval to raise funds through issuance of Non-Convertible Debentures (NCDs) for an amount of upto Rs 500 crore, on private placement basis. The Board of Directors of the Company at its meeting held on May 08, 2019 has approved the same. KEC International is a global ... Read More »

Glenmark reports positive results from Phase 3 study of Ryaltris

Glenmark Pharmaceuticals has reported positive results from a Phase 3 study of Ryaltris, an investigational fixed-dose combination nasal spray for the treatment of seasonal allergic rhinitis (SAR). The study in patients aged 6 to under 12 years met its primary endpoint in achieving clinically meaningful and statistically significant change from ... Read More »

Morarjee Textiles gets nod to raise funds via NCDs

Morarjee Textiles has received approval to raise funds by way of issuing Non-Convertible Debentures (NCDs) on Private Placement basis. The Board of Directors of the Company at its meeting held on May 08, 2019 has approved the same. Morarjee Textiles (MTL) is a manufacturer of textile products. The Company is ... Read More »

GE Shipping delivers ‘Jag Vishnu’ carrier to the buyers

Great Eastern Shipping Company (GE Shipping) has delivered its 1994 built Very Large Gas Carrier ‘Jag Vishnu’ to the buyers. The vessel was contracted for sale in January 2019. The Company’s current fleet (excluding ‘Jag Vishnu’) stands at 47 vessels, comprising 34 tankers (12 crude carriers, 17 product tankers, 5 ... Read More »