IFCI Reports A Net Loss Of Rs. 341 Crores For The Q1 FY19
Infrastructure sector lender IFCI Limited (previously Industrial Finance Corporation of India) reported a standalone net loss of for the June-end quarter of the current fiscal...
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Idea Completes Its Merger With Vodafone And Begins Operation
Idea and Vodafone made a joint announcement regarding the completion of their merger as the two telecom giants got the clearance from the National Company...
Videocon Industries Net Loss Rises 224% To Rs. 2874 Crores
Videocon Industries, an Indian Multinational Corporation with diversified business operation in telecom, electronics, energy etc reported their first quarterly results for the current fiscal year...
Dalmia Bharat Posts A Strong Q1 Result
One of the largest cement manufacturer in India, Dalmia Bharat, posted a strong quarterly result with total revenue amounting to Rs. 2368 crores, a 16%...
Tata Steel gives nod for its European steel JV with Thyssenkrupp
Tata Steel has given approval to a proposal to create a 50:50 joint venture (JV), of Tata Steel’s European steel businesses and Thyssenkrupp AG. In a...
Borosil Glass Works board approves issue of bonus shares
Borosil Glass Works has received approval from the board of directors to issue bonus shares. The company’s board of directors at its meeting held on...
Bharat Financial gets stock exchanges approval for merger with IndusInd
Bharat Financial Inclusion Ltd (BFIL) has received no-objection approval, from stock exchanges for its merger with IndusInd Bank. The company informed that, it has received...
Century Textiles board approves scheme for demerger of its cement biz
Century Textiles and Industries has received approval from its board, for a scheme of arrangement for demerger of its cement business into UltraTech Cement. As per...
ArcelorMittal gets shareholders nod to convert the currency of share capital
ArcelorMittal has received shareholder’s approval to convert the currency of share capital to US dollar, from the euro. This is done with a view to simplify...
Tata Power signs agreement to sell defense business to TASL
Tata Power has signed the implementation agreement with Tata Advanced Systems Ltd (TASL), to sell its Strategic Engineering Division (SED) involved in defense business. The SED is...