Axis Bank, the third largest private sector bank in India holds a network of approximately 3062 branches and extension counters and around 12922ATMs. Axis Bank also bears the largest ATM network among private banks in India. For the March 2016 quarter end the private sector bank derived revenue of Rs 10,898.96 crore, which is almost Rs 1000 crore more than the corresponding quarter of the last year. The Company secured a net profit of Rs 2,154.28 crore in the March 16 quarter. For the quarter ended December 15, the net profit of th
Kellton Tech share price is up by 1.27% on NSE today. Kellton Tech, a global Information Technology company, has received an award at the 3rd edition of The Digitizing India Awards. It has received the honour in the category ofDigital Innovations in Service Provider Industry'. The awards are a Cisco initiative in collaboration with CNBC-TV18. Kellton Tech received this award in recognition of its noteworthy strides towards metamorphosing digital experiences for different organizations. <p style=
Stocks of state-run upstream companies ONGC and Oil India declined up to 4 per cent in the Monday trading session amid reports that the two companies would be required to share additional burden in the form of royalty payments, with respect from February 2014, for an amount exceeding almost $1 billion. Oil India Share Price tumbled 3.57 per cent to hit a low of Rs 360
Dr. Reddy's Labs, Country's top domestic pharmaceutical company, has notified the launch of Omez Insta in sachets. Omez is the leading brand of Dr. Reddy's in the gastrointestinal division. The formulation is approved by the USFDA and is obtainable in the US market since October 2004. After the announcement Dr. Reddy's share price took a modest rise of
Sun Pharma Advanced Research Company Ltd. (SPARC) and Sun Pharma today announced a licensing arrangement for SPARC's ELEPSIA XRTM (Levetiracetam Extended Release tablets). After the news came early in the morning, Sun Pharma share price opened with a rise, meager, but a rise. As per the agreement, SPARC will license ELEP
Educomp Share Price rose 9.3 per cent intraday Monday as its subsidiary company has entered into joint venture agreement with Ebix Software to incorporate a new company. The indirect subsidiary of the Company Educomp Software has entered into a joint venture with Ebix Software India to incorporate new company which is to be named Ebix Educomp Learning. Educomp Software holds 49 per cent in Ebix Educomp Learning and remaining 51 per cent is under Ebix Software India. In a press release by th
On Friday, Telecom major Bharti Airtel Share price closed 11.80 points above its opening price. On Sunday it announced the increase in data benefits by up to 67 percent, in effect cutting data tariffs for pre-paid customers. There are chances that this might lead to another rise in Bharti Airtel Share price. Under the revised d
NBCC share price bounced back after sharp fall of 13th July 2016 due to divestment announced by the government, rising more than 5 per cent intraday on Thursday 14th July 2016. After taking five-year averages Post-tax return on capital employed (RoCE) reached 15 per cent Return on equity was recorded as 24 per cent <l
Kotak Bank's private equity fund is geared up to raise its new fund amounting to of $300-350 million. The fund manager has employed placement consultant Guy Eugene to increase the money from global institutional investors. Kotak PE, managed by by Nitin Deshmukh, has invested in Indian mid-market companies who were keen to raise growth capital. The fund's soft launch has already taken place and a formal process will soon be initiated. A soft launch is an exercise where the fund managers reach out to expected investors to gauge the investment sen
Greenply share price closed 7.57% up on NSE today. One of the reasons being that the company has incorporated a WOS - wholly owned subsidiary company called Greenply Middle East in Dubai, United Arab Emirates, on 4th July, 2016. Earlier on 22nd June, 2016, Greenply had incorporated a wholly owned subsidiary (WOS) company called Greenply Holdings' in Singapore. <b
