Infosys had won the Rs 1,380 crore contract in 2015 to build and maintain the technology network for implementing the GST system across the country for five years.
Nilekani took over as the Board Chairman in August after the exit of the first non-co-founder CEO Vishal Sikka, and has since said that he will focus on the CEO search, board reconstitution, and business stabilisation.
Stay tuned for live updates as Finance Minister Arun Jaitley addresses a press conference.
Hindustan Zinc reported a strong quarter. In an interview to CNBC-TV18, Sunil Duggal, CEO of Hindustan Zinc spoke about the results and his outlook for the company.
The company had posted a loss of Rs 7.37 crore in the same quarter of 2016-17 fiscal, the company said in a BSE filing.
Assets under Management rose by 11 per cent to Rs 17,983 crore at the end of second quarter, Reliance Nippon Life Insurance said in a statement.
While it is expected to continue with the healthy operating performance as it benefits from the pricing trends, investors should keep an eye on long-term contracts to be inked during October-December in 2017.
The country's second largest IT services provider reduced its full year constant currency revenue guidance to 5.5-6.5 percent from 6.5-8.5 percent earlier.
The company was replying to the clarification sought by the bourses on media reports regarding coal shortage faced by Nalco.
Total income, however, fell to Rs 2,148.84 crore in the second quarter of this fiscal from Rs 2,194.08 crore in the corresponding period of the previous year.
Of this, Rs 14,042 crore is on account of Central GST, while State GST is to the tune of Rs 21,172 crore.
The company had posted a net profit of Rs 22.5 crore for the same period of previous fiscal.
The company said standalone profit during the quarter rose by 8.8 percent year-on-year to Rs 473.45 crore and revenue from operations increased 14.6 percent to Rs 3,602.2 crore.
The firm's total income from operations rose to Rs 383.85 crore from Rs 332.31 crore in the year-ago period, CanFin Homes said in a regulatory filing.
Apremilast, which is a phosphodiesterase 4 (PDE4) inhibitor indicated for the treatment of moderate to severe Psoriasis, will revolutionise the treatment of Psoriasis, Glenmark Pharmaceuticals said in a statement.
Vedanta Chief Anil Agrawal has stressed that the government needs to privatise the idle assets of ONGC and Coal India in order to spur the exploitation of minerals and shore up the ensuing benefits.
The phone on offer has a Spreadtrum SC9832 1.3Ghz Quad Core processor with 512MB RAM and 4GB ROM.
The company had clocked Rs 42.31 crore PAT in the year- ago quarter, it said in a BSE filing.
TTK Prestige has reported a strong set of Q2FY18 earnings. In an interview to CNBC-TV18, TT Jagannathan, Chairman of the company spoke about the results and his outlook for the company.
Priority is to relaunch of our digital platform besides entry into some regional markets, where they are not present – Kerala, Punjab, said Punit Goenka, MD & CEO, Zee Entertainment.
Pune-based Bajaj Auto is contemplating a hike across product range, which will perhaps come in January, to offset some of the input cost pressures suffered in the second and third quarters.
The company is also entitled for 180 days of shared market exclusivity for the Prasugrel HCL tablets, it added.
The index measuring 30 countries and covering 60 percent of the world’s population, has urged countries with unsustainable pension systems to take action now
The home minister said that prior approval of the President was sought before introducing the ordinance in September.
Net sales of the carbon black major rose 17 per cent year-on-year to Rs 597.58 crore in the quarter under review.