Thursday , February 21 2019
Breaking News
Home / BUSINESS (page 3)

BUSINESS

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 crore for the quarter under review as compared to Rs 313.80 crore for the same quarter in the previous year. Total income of the company ... Read More »

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 Rs 1,233.45 crore for the quarter under review as compared to Rs 705.22 crore for the same quarter in the previous year. Total income of ... Read More »

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 pursuant to share purchase agreement between the Promoter and Promoter Group of the company and EbixCash World Money and consequently are in control of the ... Read More »

IRIS Business Services bags order in Qatar

IRIS Business Services, in partnership with Malomatia Q.S.C., has been selected for providing a ‘Financial Statement System for Commercial Companies’ for the Ministry of Commerce and Industry, Qatar. IRIS Business Services is a global leader in XBRL. One or more of its solutions is used in some 22 countries across ... Read More »

RIL buys additional stake in Future101, Genesis Colors

Reliance Industries (RIL) has raised its stake in luxury apparel firms Future101 Design and Genesis Colors to strengthen its foothold in retail industry. Reliance Brands (RBL), a unit of RIL, has acquired a further stake of 2.5 per cent in Future101 Design on February 7, 2019, for a consideration of ... Read More »

Tata Steel reports 76% rise in Q3 consolidated net profit

Tata Steel has reported results for third quarter ended December 31, 2018. The company has reported a rise of 83.55% in its net profit at Rs 2,456.09 crore for the quarter under review as compared to Rs 1,338.09 crore for the same quarter in the previous year. Total income of ... Read More »

WH Brady & Company to acquire 100% stakes of Brady Telesoft

WH Brady & Company has received the approval to acquire 47,520 equity shares i.e. 100% paid-up share capital of Brady Telesoft and making the said company as wholly owned subsidiary company. The Board of Directors of the company at their meeting held on February 8, 2019, approved the same. WH ... Read More »

Oriental Bank of Commerce gets nod to raise Rs 1186.00 crore

Oriental Bank of Commerce has received approval from its board to raise capital for an amount upto Rs 1186.00 crore through issuance of equity shares to the Government of India (GoI) on preferential basis. Oriental Bank of Commerce is a commercial bank. The Bank operates in four segments: treasury operations, ... Read More »

Bharti Airtel’s arm inks agreement with Telkom Kenya

Bharti Airtel’s subsidiary — Airtel Networks Kenya has signed an agreement with Telkom Kenya for merging their respective Mobile, Enterprise and Carrier Services businesses in Kenya to operate as – ‘Airtel-Telkom’. The finalization and closure of the transaction is subject to approval by the relevant authorities. As per the agreement, ... Read More »

Inline
if:
Inline
if: