Bharat Petroleum Corporation Limited (BPCL), the oil marketing major announced that it has launched its Rural Marketplace initiative at a colourful event that was held on 17th June 2016 in Niphad town of Nashik District. The formal inauguration was done by the Chairman and Managing Director BPCL Mr S. Varadarajan in the presence of the Company's Director of Marketing, Mr S. Ramesh. This event was attended by a huge number of local villagers, customers, traders as well as administrative officials. Formally named as
BENGALURU, 17th June, 2016: Electronics company Centum Electronics said that it has bought 51% stake in French Adetel Group for an unrevealed sum of money to expand its presence in the European market. French Adetel Group specializes in design, industrialization and development of embedded systems for defense, industrial, aerospace and transportation among others. The deal shall help Centum Electronics, which gets about 80 p
All International Markets are Gap-up on \"Remain\" camp ahead in UK, India Down on RAJAN stepping down as RBI chief. Stock Market Today by Shailesh Saraf
BRAND VALUE The Chemical & Pharmaceutical Laboratories known as CIPLA was founded in the year 1935 in Mumbai with the only purpose of providing generic drugs to the poor in the developing world. Cipla is one of the finest suppliers of API as well as pharmaceutical and personal across the world. The company has made a historic move by reducing the prices of cancer drugs by 50% - 64% in 2012. The achievements include t
The performance record of Lupin was announced for the fourth quarter that ended on 31st March 2014. These audited results were recorded by the Board of Directors at a meeting in Mumbai. The net sales grew by 17.2 per cent to Rs 110,866 million during the Financial Year 2013-2014 whereas it was Rs 94,616 million in the Financial Year 2012-13. Net sales got enhanced by 20.3 per cent to Rs 30,515 million during Q4 FY 2013-14 while it was Rs 25,374 million in the Q4 FY 2012-13.
JSW Steel today announced that in return for a payment of US$ 54.8 million (around Rs 368 crores); a United States district court has released its subsidiary JSW Steel USA INC (JSWUSA) from any further liability to MM Steel. In a filing to the Bombay Stock Exchange JSW Steel said that on 16th June 2016 the district court entered an order which released JSW Steel USA INC from any further liability towards MM Steel under the judgment in return for a payment of US Dollars 5,48,52,478.24
Jindal Steel and Power Ltd (JSPL) has sought nod from the shareholders' on two points. The first is to divest 1,000 mega watt (MW) power plant of a subsidiary company and the second is to sale its 920 Mega Watts captive power plants. A postal ballot notice by Jindal Steel and Power Ltd was filed which sought the consent of the members in regards to divest the 1,000 Mw power plant of the subsidiary company namely Jindal Power Ltd to JSW Energy Ltd which is a related party through a process of scheme or
To provide a major boost to startups, State Bank of India has announced a dedicated IT Innovation Startup Fund of Rs 200-crore. This fund aims to provide maximum assistance for Rs 3 crores to companies which are registered in India and are willing to promote their business innovations using IT in the banking and related technology space. Announcing this at the banking tech summit of CII in Mumbai on Thursday, the Chairperson of SBI Arundhati Bhattacharya spoke of startups as an important
NEW DELHI, 16th June 2016: On Thursday, Tata Metaliks took a beating after hitting its upper circuit limit for eleventh consecutive sessions to Wednesday and zipping past the Rs. 400 mark from a 2016 low of Rs. 78 in just 4 months. Since the 12th of February, the stock has zoomed five-fold or 410% against a 17% rise in the BSE 500 index. A few analysts see speculative hands behind the rally while oth
UBL Share Price fell by over 2 per cent on Thursday (16th June 2016) as a result of intense speculation that its Chairman Vijay Mallya might have to step down soon and sell his shares because of the tightening of noose by markets regulator Stock Exchange Board of India (SEBI). Mr. Mallya-led United Breweries Group is already being probed by SEBI for because a violation of various securities markets regulations is being suspected including about disclosure as well as related party transacti
