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The Union Cabinet yesterday gave an in-principle approval to a proposal for merging 5 associate banks with SBI - State Bank of India. But the proposal might come up again for final clearance due to some legal issues which need to be worked out. SBI has 5 associate banks - State Bank of Hyderabad, State Bank of Bikaner and Jaipur, State Bank of Patiala, State Bank of Travancore and State Bank of Mysore. Arun Jaitley, Finance Minister, had said at the second edition of the Gyan Sangam
The Sintex group is engaged in the production of plastics and niche textile-related products with global footprints in over 9 countries. Sintex Industries Ltd started its plastic division in 1975 and today the company has the most diversified manufacturing capabilities in plastic processing in the world with 10 plants and 12 manufacturing processes under one roof and has more than 5 lakh sq. mtr area. They have over 500 distributors and around 10000 retailers across pan Indi
Sutlej Textiles and Industries which is a raw material supplier to branded textile manufacturers like Page Industries, Arvind, Raymond and Siyaram, has recorded over 70 per cent return in the past one year. Sutlej Textiles Share Price had touched a 52-week low of Rs 336 on June 15, 2015, from that date they have zoomed up by 72 per cent. Expectation of higher profit due to margin expansion has led to strong buying interest in Sutlej Textiles shares, market analysts say. Sutlej Te
Jet Airways gained on Wednesday after the much-awaited national civil aviation policy that looks to strengthen regional connectivity and tap the sector's high growth potential was cleared by the Union Cabinet on Wednesday. Shares of Jet Airways closed 0.21 percent higher at Rs 561. Benchmark index Bombay Stock Exchange(BSE) Sensex settled 330.63 points, or 1.25 %, up at 26,726.34. Ashok Gajapathi Raju, Civil Aviation Minis
Mumbai/Bhilwara, 15th June, 2016: Sangam Limited, India's leading textile conglomerate, made an announcement today that the company has floated 100% ancillary Sangam Lifestyle ventures Limited for its real retail business. The novel ancillary shall focus on developing novel exclusive chain of retail stores under the brand name C 9 Fasion' while the company shall continue to expand its multi-brand outlets. Presently, Sangam has alr
With the news of collaboration between Zydus Cadila, a global healthcare provider and Eczacibasi Ilas Pazarlama A.S. a leading healthcare company of Turkey, Cadila Share Price rose by 0.60 per cent to reach Rs 321 on 15th June 2016. In a filing to NSE on 15th June 2016 at 12:07 hours Cadila announced that it has signed a strategic collaboration agreement to market biotech products in the Turkish market. This new agreement involves the
According to the recent report Ovum Decision Matrix: Distributed Agile Delivery Models 2016-2017, Persistent Systems has the strongest and best overall capabilities for Distributed Agile Delivery of services. It was ranked best in the significant criteria of Project Management and Consulting Capabilities for Agile, and also ranks in the top 3 amongst all vendors studied for Agile Utilization and for Tools and Training Metrics.
In a filing to the National Stock Exchange on 15th June 2016, NIIT Limited, a global leader in skills and talent development announced the 17th National Scholarship in Nigeria which will reward meritorious students desirous of building successful careers in knowledge economy. For the first time ever these scholarships will also be offered for futuristic cutting-edge programs in the field of Digital Transformation under digiNxt series.
India's largest and fastest growing private dairy company, Kwality Limited has announced today that it has appointed Mr. A. K. Gupta as an Independent Director. On this note, Mr. Sanjay Dhingra, the Managing Director, Kwality Limited commented that quality is pleased to welcome Mr A.K. Gupta as the new board director at Kwality Limited. According to Mr. Dhingra as industry veteran, Mr. Gupta is immensely respected industry-wide for his vision and knowledge. His appointm
Bangalore: Wipro, a leading global information technology, consulting and business process services company, made an announcement today about the launch of its analytics solution, Data Discovery Platform. The solution offers business insights across the value chain of an industry throughpre-defined apps'. Actionable and relevant insights are imperative to making informed and faster decisions. However, organizations across industries today face the hurdle of bridging the gap between what inform
