Punj Llyod share price climbed almost 12 percent intraday today (28th June 2016) after the Singapore High Court permitted the company to set up subsidiaries under judicial management. In a filing the engineering company said that on June 27th Singapore High Court has approved the application for placing Punj Lloyd Pte Ltd (PLPL) as well as Sembawang Engineers and Constructors Pte Ltd (SEC) under Judicial Management. On 18th January, the proposa
Telecom operator RCom from this week onwards shall start offering 4G service using Reliance Jio network to its CDMA customers in select circles at a commencing price of Rs.93 per 10GB. The news didn't have much affect on the RCom share price. It opened at Rs.48.20 on NSE today while it closed at Rs.48.30. The 52 week high of RCom share price
Vakrangee Softwares Ltd is a leading integrated document and printing related services provider with global scales and skills. The company is engaged in software and database related services. Vakrangee offers document management services, which includes digitization, inbound scanning, workflow management and document life cycle management. Vakrangee Software is one of the
Today, i.e. On 28th June 2016, Liquid Telecom has entered into an agreement to take over Neotel, the South African communication network. Liquid Telecom is a Pan-African telecom group which is privately owned, and its majority is held by Econet Wireless Global. TCS is the primary shareholder in Neotel with Nexus connexion being the minority shareholder. Royal Bafokeng Holdings(RBH), a South African empowerment Investment group, will be joining hands with Liquid Telecom in this acquisition. RBH has committed to take 30% stake of Equity in Neo
NEW DELHI: The government of India is considering a proposal to extend Arundhati Bhattacharya's term as Chairman of State Bank of India(SBI) by at least a year, senior officials said. The Finance Ministry wants continuity in leadership as state-run SBI absorbs 5 associate units and Bhartiya Mahila Bank while cleaning up its books of bad loans, they said, adding that the Indian government may fix SBI chairman's tenure at 5 years, up from 3 now. Meanwhile, SBI share price was also hit by the Bre
VIP Industries Ltd is the largest luggage maker in Asia and second largest in the world. The company manufactures plastic moulded suitcases, handbags, briefcases, vanity cases and luggage. It provides travel products, hard and soft-sided luggage, bags, backpacks, duffels, shoulder bags, waist pouches, sling bags, duffel trolleys, vanity cases, office bags and satchels, suitcases, and briefcases. The company also exports its products, across West Asia, UK, US, Germany, Spain, Italy and select African and South-East Asian countries
Ashok leyland stands 2nd in the manufacturing of commercial vehicle, ranks 4th in world in manufacturing of buses and has grabbed the global rank of 16th in manufacturing of trucks. Its history goes back to 1948 when Ashok motors was established in colaboration to Austin motors company by Raghunandan Saran. History and achiev
ARSS Infrastructure projects Limited is one among the fastest growing construction companies in India. It is focused on infrastructure construction segment, as the name suggests, that includes highways, railways, and buildings. It has a single vision of becoming India's most trustworthy company which is growth oriented and always looks forward. It aims at being eco-friendly and customer satisfying. It works to provide safe solutions for providing international standards in various sectors like commercial, residential, indus
The largest drug maker of the Country, Sun Pharmaceutical Industries is banking upon the launch of its newer and more complex products to offset rising competition in its remunerative U.S. dermatology business, its U.S. chief said. Sun Pharma share price made a 52 week high and a 52 week low of Rs 966.00 on 20th
India's global flexible packaging solutions giant, Uflex Limited, was awarded with the Asia responsible enterprenuer award 2016, in Singapore on 24 June 2016, for its "sports for growth initiative" under the social empowerment category. Sports for growth is a social intervention. Uflex limited and Society for transformation, inclusion and reformation through sports(STAIRS), which a non-profit organization, together rolled out the initiative. The goa
