Chennai: Manappuram Finance Ltd. reported a consolidated net profit of ₹ 405.44 crore. Profit is higher by 10.2 per cent in comparison to ₹ 367.97 crore reported in the preceding quarter. Net profit for the standalone entity (which excludes subsidiaries) is reported at ₹ 405.56 crore, an increase of 20.6% in comparison to Rs.336.17 crore reported […]
Despite Covid challenges & Heavy Monsoon Chennai, 4th November, 2020: NMDC, the country’s largest Iron Ore producing Navratna Company’s performance during the month of October 2020 has been able to match almost both in production and sales over CPLY. Iron ore production for the month of October 2020 is 2.43 MT (Million Tonnes) against production of 2.49 […]
Chennai, 21th October 2020: The Government of Odisha has selected the Federation of Indian Chambers of Commerce & Industry (FICCI) as the National Industry Partner for the 3rd edition of ‘Make in Odisha’, the flagship event of government of Odisha which showcases the state as an industrial power house and a preferred investment destination in […]
Chennai, 13th October 2020: Sahara India Pariwar, in a statement issued to the media today, said that in last around 2 to 2.25 months alone, the group has paid Rs.3226.03 Crore to its 10,17,194 Members. Out of the total amount paid in this period, 2.18% payments were made against the requests from the delayed-payments complainants. The total […]
Dr. (MS.) Puneet Kaur Kohli has been appointed as Chief Technology Officer of Universal Sompo General Insurance Company Limited w.e.f. 5th October 2020. She brings over 23 years of extensive experience in Information Technology across esteemed organisations. Prior to joining Universal Sompo, Dr. (Ms.) Puneet Kaur Kohli had worked with Manappuram Finance Limited as Group Chief Information and Technology Officer. In her career of 24 years, Dr. Kaur has worked in various leadership roles and was associated […]
Chennai, July 21, 2020– Leading Indian health technology organization Trivitron Healthcare enters into collaboration with Anatomage Inc, a market leader in 3D medical virtualization technology, to distribute Virtual Anatomy Dissection Table for Medical education for scholars, researchers, medical & healthcare students in South and West Regions in India. Anatomage Virtual Anatomy Dissection Table offers strategic advantage […]
Chennai 6th July 2020: Canara Bank, a leading Public Sector Bank, has reduced its Marginal Cost of Funds Based Lending Rate (MCLR) on Loans / Advances across all tenors with effect from July 07, 2020. Bank has reduced interest rate by 10 basis points across all tenors i.e, one year, 6 months, 3 months, 1 month […]
Highlights: Two new series of BHARAT Bond ETF to be launched on 14th July 2020 Rs. 3,000 crores is the base issue size with further green shoe option of Rs. 11,000 crores 25% reserved for Retail investors and 75% for Retirement Funds, QIBs and Non-Institutional Investors NFO period between 14th July to 17th July 2020 Chennai, July […]
Affle (India) Limited through its subsidiaries (“Affle”), today announced the signing of a definitive agreement to acquire 8.0% ownership in OSLabs Pte. Ltd., Singapore (“Indus OS”). Indus OS operates India’s largest independent indigenous apps store, with key investment from Samsung Venture Investment Corporation. A homegrown app and content discovery platform – Indus OS’ key offering […]
Chennai, 1 June, 2020 – Ircon International Limited [IRCON], a Miniratna (Category-I) Schedule – A Public Sector Enterprises has signed a Memorandum of Understanding (MOU) with National Investment and Infrastructure Fund Limited (NIIFL) and Ayana Renewable Power Private Limited (AYANA), a NIIF platform company to explore and collaborate on opportunities in the solar energy sector. According […]