The company has reported three-fold increase in its Q1FY18 net profit at Rs 18.31 crore against Rs 5.11 crore in the same quarter last fiscal.
The name of banks to be merged will be decided on four major points - profit of banks, cover similar regions, must have comparable asset quality & capital adequacy ratios.
A clarity on his role at Infosys is expected in the next 48 hours, CNBC-TV18 reported, quoting sources.
According to recent source-based media reports, both the parties could sign definitive agreement by end of this month and the deal is likely to be valued at around Rs 12,000-13,000 crore.
Idea lost the most 23 lakh customers in the month, followed by Vodafone that lost 13.89 lakh customers. Aircel lost 3.91 lakh and Telenor 2.75 lakh customers.
Glenmark Pharmaceuticals Inc., USA has been granted final approval by the United States Food & Drug Administration (USFDA) for Triamcinolone Acetonide Ointment USP, 0.1%.
The Reserve Bank of India notified that FIIs/FPIs investment limit under portfolio investment scheme in pharmaceutical company has increased from 24 percent to 49 percent of its paid up capital.
The company has got shareholders’ approval in the extra ordinary general meeting held on August 16, 2017.
She picked up 45 lakh shares of the firm for Rs 60 crore; global investment bank has a buy rating on the stock and a target of Rs 190.
On August 22, 2017 Saumya Polymers LLP sold 10,00,000 shares of Astral Poly Technik.
On August 22, 2017 Stichting Depositary APG Emerging Markets Equity Pool bought 23,30,994 shares of HDIL.
HDFC Securities feels the upcoming merger with Videocon D2H holds significant cost rationalisation potential (Rs 470 crore by FY20, around 23.7 percent of FY17 EBITDA).
"With this win, we now have 2 of the top 5 global aircraft OEMs as our client," Virender Aggarwal, CEO said.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today -- HCL Infosystems, Sun TV, and Westlife Development.
Shares of oil marketing companies (OMCs), ONGC and HPCL gained between 1.5 and 4.5 percent intraday.
McDonald's India on Monday terminated the franchise agreement for 169 fast-food outlets in North and East India run by CPRL and said the outlets cannot use its brand for any operations.
The said drug is intended to be used for the treatment of moderate to severe plaque psoriasis.
The HCL Group company inform exchanges that the distributor agreement for distribution of iPhone and other Apple Products has been signed with Apple India Private Limited.
The company has received an order worth Rs 514 crore for work of engineering, procurement and construction (EPC) of 8 MTPA capacity coal handling plant (CHP) with allied infrastructural facilities.
The company has received an establishment inspection report (EIR) from the US Food and Drug Administration (USFDA) for its Aurangabad facility in Maharashtra.
On August 21, 2017 Eros Worldwide FZ LLC, a promoter of Eros International Media, sold 6,00,000 shares of the company.
On August 21, 2017 Quinag Acquisition (FPI) bought 43,65,50,000 shares of Manappuram Finance.
The company on Monday announced that it launched UK brand ‘Judge’ kitchen appliances to India. The launch, it said, will give it access to Rs 5,000 crore unorganized kitchen market in India.
The Kolkata-based photovoltaic monocrystalline solar cells and modules manufacturer has posted a profit of Rs 9.5 crore in the quarter ended June 2017 against loss of Rs 0.3 crore in same quarter last year.
HDFC Securities maintained its buy rating with a target price of Rs 168 (implying 16 percent upside) after inline Q1FY18 performance.