Max Ventures Investment Holdings Pvt Ltd has sold 1.85% stake in Max Healthcare Institute Ltd

Max Ventures Investment Holdings Private Limited, one of the promoters of Max Healthcare Institute Limited (the “Company”) has completed the open market sale of 1,67,12,104 (One Crore Sixty Seven Lacs Twelve Thousand One Hundred Four) equity shares of the company on September 29, 2020, constituting 1.85% of the issued and paid-up equity share capital of the Company, as a step towards achieving the minimum public shareholding requirement in the Company. Shares of Max Healthcare Institute Limited was last trading in BSE at Rs. 115.45 as compared to the previous close…

Read More

Leading Industry Analyst Firm, 451 Research features Datamatics Intelligent Automation (IA) Products

Datamatics Global Services Ltd. (DGSL), a global Technology, BPM and Intelligent Automation, and Digital Solutions company, announced that leading industry analyst firm, 451 Research, recently featured Datamatics Intelligent Automation (IA) products in a detailed report titled “Datamatics looks to broaden its footprint in the RPA market.” 451 Research is a global research and advisory firm, recently acquired by S&P Global Market Intelligence. The report by Carl Lehmann, Principal Analyst at 451 Research, covers the Datamatics Intelligent Automation products, including TruAI (Artificial Intelligence), TruCap+ (Intelligent Document Processing or IDP), and TruBot…

Read More

TCS board to consider Q2, H1 FY2021 results, interim dividend on Oct 7, 2020

A meeting of the Board of Directors of Tata Consultancy Services Ltd (TCS) is scheduled on 07/10/2020, to consider and approve the audited financial results of the Company under Indian Accounting Standards (Ind AS) for the quarter and six months ending September 30, 2020. The board will also approve and take on record the audited consolidated financial results of the Company and its subsidiaries under Ind AS for the quarter and six months ending September 30, 2020. The board will consider declaration of a second interim dividend to the equity…

Read More

Members of Dhanlaxmi Bank Ltd reject appointment of Sri Sunil Gurbaxani as MD & CEO

The shareholders of Dhanlaxmi Bank Ltd have voted against the proposal to ‘approve the appointment of Sri Sunil Gurbaxani as Managing Director & CEO of the Bank’. 42 members with 7,25,08,496 votes or 90.49% of the total number of valid votes caste have voted against the resolution for the above appointment. Only 112 members with 76,21,692 votes or 9.51% voted in favour of the appointment. Shares of Dhanlaxmi Bank Limited was last trading in BSE at Rs.12.3 as compared to the previous close of Rs. 12.47. The total number of…

Read More

CARE reaffirms credit ratings of JMC Projects (India) Limited

CARE Ratings Limited vide its press release dated September 29, 2020 has reaffirmed the rating of Long Term Bank Facilities & Non-Convertible Debentures as CARE A+; Stable (Single A Plus; Outlook: Stable). Further, it has downgraded the rating of Short Term Bank Facilities from CARE Al+ (A One Plus) to CARE Al (A One), thereby giving the rationale for such downgrade. The revision in Short Term Bank Facilities rating is on account of high working capital intensity of operations which is likely to remain high amidst heightened execution challenges due…

Read More

Shree Renuka Sugars Limited to commence refinery operations at Haldia

Shree Renuka Sugars Limited will be commencing operations at its port based refinery at Haldia (West Bengal) in the first half of October 2020, subject to receipt of all regulatory approvals. The Haldia refinery can refine up to 2000 tons of raw sugar per day. Shares of SHREE RENUKA SUGARS LTD. was last trading in BSE at Rs.8.99 as compared to the previous close of Rs. 8.91. The total number of shares traded during the day was 48753 in over 74 trades. The stock hit an intraday high of Rs.…

Read More

Jindal Polyfilms Ltd approves expansion plans of Rs. 450 crores

The Board of Directors of Jindal Polyfilms Ltd has considered and approved, the future expansion plan for the company in its meeting held today: Expansion plans for Company’s India operation by way of investment of Rs. 450 (Four hundred fifty) Crores (Approximately) in: – Biaxially-Oriented Poly Propylene (BOPP) Film Line.– BOPP Capacitor Line. The company will invest in the best technology and maximum output capacity equipment from globally renowned suppliers. Shares of JINDAL POLY FILMS LTD. was last trading in BSE at Rs.430.3 as compared to the previous close of…

Read More

Neuland Laboratories Ltd raises first commercial invoice from Unit III

Neuland Laboratories Ltd has raised the first commercial invoice from Block 4 of its Unit III, situated at Gaddapotharam, Jinnaram Mandal, Sanga Reddy District, on September 29, 2020. Unit III is a multi-product facility and has five production blocks for advance intermediates and API manufacturing. Shares of NEULAND LABORATORIES LTD. was last trading in BSE at Rs.1152.5 as compared to the previous close of Rs. 1113.75. The total number of shares traded during the day was 10907 in over 1097 trades. The stock hit an intraday high of Rs. 1173…

Read More

Infibeam Avenues Limited divests 51% stake in Infibeam Logistics Pvt Ltd

Infibeam Avenues Limited has divested its 51% ownership with control in its Wholly Owned Subsidiary i.e. Infibeam Logistics Private Limited to Osia Hypermart Retail Limited (“Osia”). The consideration received from such sale/disposal is INR 19 crores for 51% Equity Ownership with control. Osia is an emerging supermarket chain with a focus on value retailing. It offers thousands of products under a single roof which caters to every need of a family under a modern ambience large retail mall. The Osia Hypermart stores have various divisions to meet the fluctuated shopping…

Read More

HDFC Asset Management Company Ltd board to consider Q2, H1 FY2021 results on Oct 22, 2020

A meeting of the Board of Directors of HDFC Asset Management Company Ltd is scheduled on 22/10/2020, to consider and approve the un-audited financial results of the Company for the quarter and half year ending September 30, 2020, subject to limited review by Statutory Auditors of the Company. The window for trading in shares of the Company will be closed from October 01, 2020 till October 24, 2020 (both days inclusive) for all the special employees and directors of the Company and their immediate relatives. Shares of HDFC Asset Management…

Read More