It was yesterday when the media reported that Baring Private Equity Asia has been in exclusive talks with the Hong Kong-based PCCW to sell a majority stake in Hexaware Technologies. This made Hexaware share prices to go up by almost 4%. When the session closed, Hexaware share price closed at Rs. 227 with approximately 2% rise. The media reports suggested that the talks were understood to be focused over the valuations with Baring seeking a minimum of 15% premium over the IT player's current market pric
Tata Motors share price is up by 3.01% on NSE today.The company reacquired the No 3 slot in the passenger car segment in the first quarter (Q1) of FY17. The stylish hatchback Tiago, launched in April, was majorly responsible for its comeback along with other new models. Also, a notable drop in the volumes of Honda Cars India, which previously occupied the 3rd position, aided Tata Motors. Maruti and Hyundai, the top 2 brands are way ahead of Tata Motors, with sa
Can Fin Homes has recorded a jump of 54.9 per cent in the net profit for the April-June quarter at Rs 49.72 crore. Can Fin Homes share price has been on a rise since the morning trading session. At 10:35 hours it is trading at Rs 1,239.00, up by 0.52 per cent or 6.40 points. <p style="text-decoration: underline; font-size:
1943 laid the foundation of Blue Star by Mohan T Advani, an outstanding entrepreneur. The Company started its journey as a modest 3-member team involved in reconditioning of air conditioners and refrigerators. India's top air conditioning and commercial refrigeration company, Blue Star's annual income was around Rs.3200 crores, has a network of 35 offices, 2200 dealers , 5 modern manufacturing facilities, 500 retailers and 2500 employees. Blue Star's combined business model permits it to delivers an end-to-end solution to its customers
As PNC Infratech Bags the Hybrid Annuity Highway Project of Rs. 881.0 crores, PNC Infratech share price makes a huge rise of sixteen points. PNC Infratech Limited has been declared the lowest bidder for the project. The project includes four laning / two laning with paved shoulders from 0.00 km to 83.453 km of Dausa-Lalsot-Kauthun section of NH-11 A in the state of Rajasthan under NHDP IV, on Hybrid Annuity Model for a project bid cost of Rs. 881.0 crores. In total, ten firms participated in the bidding and the price bids were opened
Tata Motors, India's largest automobile company, is determined to be the top three global commercial vehicle makers and restoring its number three spot in the country's car and sports utility vehicle market. Chairman of the company Cyrus Mistry announced while presenting the company's 71st annual report that the current year would be very important, encompassing new launches. He further added that this in return will create a landmark. Tata Motors' share in the Indian passenger vehicle market went down to 4.6 % in 2015-16 f
DCB Bank share price closed at 5.06% up on NSE today. DCB Bank, private sector lender shall announce its first quarter (April-June or Q1) earnings on the 14th of July. Net profit is witnessed to be rising 1.6 per cent to Rs 47.6 cr during the quarter as compared to Rs 46.9 cr in the same period last fiscal, as per consensus estimates. The difference between interest earned and interest expended popularly known as Net interest income', may grow by 24.7 per cent to Rs 175 cr in quarter ended June 2016 as
In a JV with Tata Projects Limited, SPML Infra Limited has received three major new orders for the designing and construction of Sewerage Systemwith provision of treatedwaste water reusefromRajasthan Urban Drinking Water Sewerage & Infrastructure Corporation Limited (RUDSICO)for eleven cities in Rajasthan which accounts to a total value ofRs 1275 Crore. These projects are envisaged as decentralized sewage treatment projects similar to the ones which have been proposed underNamami Gange program. If the treated w
As Uflex received bureaucracy today CSR Excellence Award for 'promotion of sports', Uflex share price went three points up. Uflex's 'sports for growth' initiative is a focused intervention. The initiative has been conferred with the Bureaucracy Today CSR Excellence Award 2016. It is aimed towards realising the rights of all children to play freely irrespective of gender, caste, creed, religion, ethnicity, physical and cognitive abilities and socio-economic status as manifested in the UN convention on the rights of the child.
