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  • BGR Energy Systems bags orders worth Rs 573cr Feb 10, 2020 12:56 PM IST

    BGR Energy Systems bags orders worth Rs 573cr

    In a regulatory filing the company said it has bagged an order from Jharkhand Urja Sancharan Nigam Ltd (JUSNL), Ranchi for supply, installation, testing and commissioning of substations at Sundarnagar, Sarath and Chattarpur on turnkey basis.

  • Mahindra Finance plans to raise Rs 95cr via NCDs Feb 10, 2020 12:52 PM IST

    Mahindra Finance plans to raise Rs 95cr via NCDs

    The committee approved the "allotment of 950 Secured Redeemable Principal Protected Non Convertible Market Linked Debentures (NCDs) of face value of Rs 10,00,000 each, at par, aggregating to Rs 95 crore", it said.

  • Motherson Sumi Systems Q3 profit drops 39% to Rs 340cr Feb 10, 2020 11:58 AM IST

    Motherson Sumi Systems Q3 profit drops 39% to Rs 340cr

    The consolidated income during October-December period declined to Rs 15,739.38 crore, over Rs 16,533.99 crore in the year-ago period.

  • JB Chemicals Gujarat unit passes USFDA inspection with one observation Feb 10, 2020 10:49 AM IST

    JB Chemicals Gujarat unit passes USFDA inspection with one observation

    The company's solid oral dosage forms formulations manufacturing facility at Panoli, Gujarat, has successfully passed periodical inspection by USFDA with one minor procedural observation, JB Chemicals and Pharmaceuticals said in a filing to BSE.

  • Indian cos' foreign borrowings down 45% to $2 bn in Dec'19 Feb 09, 2020 12:27 PM IST

    Indian cos' foreign borrowings down 45% to $2 bn in Dec'19

    Indian firms had raised USD 3.81 billion in December 2018, which included USD 37 million through issuance of masala bonds.

  • FPIs net buyers in Feb so far; invest Rs 5,177 cr Feb 09, 2020 10:25 AM IST

    FPIs net buyers in Feb so far; invest Rs 5,177 cr

    Foreign portfolio investors (FPI) put in Rs 6,350 crore in the debt segment between February 3-7, the data showed.

  • L&T, ideaForge sign pact for unmanned systems Feb 07, 2020 03:10 PM IST

    L&T, ideaForge sign pact for unmanned systems

    "L&T and ideaForge...have entered (into) an MoU (memorandum of understanding) to offer drones and allied systems for defence use," the company said in a filing to the BSE.

  • Trent share price jumps 8% to hit 52-week high after strong Q3 numbers Feb 07, 2020 01:28 PM IST

    Trent share price jumps 8% to hit 52-week high after strong Q3 numbers

    The company's net profit witnessed a 21.5 percent year-on-year (YOY) jump to Rs 54 crore against Rs 44 crore in the corresponding quarter of the previous financial year.

  • Mphasis shares fall 3% post its Q3 numbers; Morgan Stanley remains overweight Feb 07, 2020 11:59 AM IST

    Mphasis shares fall 3% post its Q3 numbers; Morgan Stanley remains overweight

    The IT company posted a 5.6 percent year-on-year (YoY) increase in consolidated profit to Rs 293.6 crore for Q3 FY20

  • Manappuram Finance to raise up to Rs 1,150cr via debentures Feb 07, 2020 11:59 AM IST

    Manappuram Finance to raise up to Rs 1,150cr via debentures

    "Financial resources and management committee of the board of directors of the company held on February 07, 2020 approved the issuance and private placement of rated, secured, redeemable non-convertible debentures up to Rs 1,150 crore," Manappuram Finance said in a regulatory filing.

  • Strides to acquire 18 abbreviated new drug applications from Pharmaceutics International, Inc Feb 07, 2020 11:40 AM IST

    Strides to acquire 18 abbreviated new drug applications from Pharmaceutics International, Inc

    "Strides...announced that its step-down wholly-owned subsidiary, Strides Pharma Global Pte Ltd, Singapore, has entered into a definitive asset transfer and licensing agreement with Pharmaceutics International, Inc (Pii) to acquire 18 ANDAs for the US market," the company said in a filing to BSE.

  • Religare Enterprises to divest stake in arm RHICL to Kedaara for Rs 200cr Feb 07, 2020 11:27 AM IST

    Religare Enterprises to divest stake in arm RHICL to Kedaara for Rs 200cr

    It further said that the primary capital infusion of Rs 200 crore in RHICL by Kedaara pursuant to the said transactions, the company "would have divested part of its investment constituting 6.761 percent of RHICL".

  • Morgan Stanley overweight on DLF; shares remain in the red, fall 3% Feb 07, 2020 11:25 AM IST

    Morgan Stanley overweight on DLF; shares remain in the red, fall 3%

    DLF plans to invest about Rs 1,700 crore to develop close to about 7 million sq ft of finished homes on its already developed plots in Gurgaon, New Gurgaon and Panchkula.

  • Eicher Motors share price falls 4% on weak Q3 numbers; Motilal Oswal sees a 24% upside in stock Feb 07, 2020 10:50 AM IST

    Eicher Motors share price falls 4% on weak Q3 numbers; Motilal Oswal sees a 24% upside in stock

    After the quarterly numbers, brokerage firm Motilal Oswal Financial Services maintained buy recommendation on the stock with a target price of Rs 25,350.

  • SRF share price jumps 6% to hit new high on capex plans Feb 05, 2020 01:57 PM IST

    SRF share price jumps 6% to hit new high on capex plans

    The proposed capacity addition to this project is 2150 MTPA, which will be done within 10 months.

  • Ashoka Buildcon acquires Ashoka GVR Mudhol Nipani Roads Feb 05, 2020 11:45 AM IST

    Ashoka Buildcon acquires Ashoka GVR Mudhol Nipani Roads

    "The company has further acquired 1,60,16,100 equity shares of Ashoka GVR Mudhol Nipani Roads Limited held by GVR Infra Projects Limited. The company now holds 5,52,29,400 (99.99 percent) equity shares of Rs 10 each...," Ashoka Buildcon said in a regulatory filing.

  • Granules India arm gets USFDA nod for Valganciclovir hydrochloride oral solution Feb 05, 2020 10:35 AM IST

    Granules India arm gets USFDA nod for Valganciclovir hydrochloride oral solution

    "The US Food & Drug Administration (USFDA) has approved the Abbreviated New Drug Application (ANDA) filed by Granules Pharmaceuticals, Inc, a-wholly owned foreign subsidiary of Granules India Ltd for Valganciclovir hydrochloride for oral solution, 50 mg/ml," the company said in a regulatory filing.

  • Exide Industries Q2 net down 17% at Rs 118cr Feb 04, 2020 03:55 PM IST

    Exide Industries Q2 net down 17% at Rs 118cr

    The company had posted a consolidated net profit of Rs 141.94 crore in the same period last fiscal, Exide Industries said in a regulatory filing.

  • JSW Energy Q3 net profit jumps more than twofold to Rs 394cr Feb 04, 2020 03:55 PM IST

    JSW Energy Q3 net profit jumps more than twofold to Rs 394cr

    Its total income in the October-December 2019 period fell to Rs 2,106 crore, from Rs 2,491 crore in the corresponding period a year ago.

  • Piramal Enterprises Q3 profit surges 20% to Rs 724cr Feb 04, 2020 01:57 PM IST

    Piramal Enterprises Q3 profit surges 20% to Rs 724cr

    Revenue from operations also rose to Rs 3,805.67 crore for the quarter under review as against Rs 3,489.30 crore in the year-ago period.

  • NSE launches Request for Quote platform in debt securities Feb 04, 2020 01:28 PM IST

    NSE launches Request for Quote platform in debt securities

    The NSE RFQ platform can be accessed by eligible participants -- all regulated entities, listed corporates and institutional investors, among others, the exchange said in a statement.

  • Power Grid share price rises 2% as Motilal Oswal expects double-digit returns Feb 04, 2020 01:07 PM IST

    Power Grid share price rises 2% as Motilal Oswal expects double-digit returns

    The company on January 31 said its standalone quarterly net profit stood at Rs 2,673.49 crore in December 2019, up 14.68 percent from Rs 2,331.17 crore in December 2018.

  • L&T Construction bags large contract in UAE Feb 04, 2020 11:38 AM IST

    L&T Construction bags large contract in UAE

    "In a major international competitive bidding process, the metallurgical and material handling strategic business group of L&T Construction has been awarded an order by Etihad Rail Company PJSC for the design and build of freight handling facilities at seven strategic locations across United Arab Emirates (UAE)," L&T said in a filing to BSE.

  • Granules India divests entire stake in Granules-Biocause Pharmaceutical Feb 04, 2020 11:35 AM IST

    Granules India divests entire stake in Granules-Biocause Pharmaceutical

    Last year, Granules India had intimated about the divestment of the entire stake of the JV company for a total consideration of RMB 109 million (around Rs 110.8 crore).

  • BSE's RFQ platform for debt securities goes live Feb 03, 2020 02:44 PM IST

    BSE's RFQ platform for debt securities goes live

    The new electronic platform would offer better features and flexibility than over-the-counter (OTC) markets and will offer a lot more transparency and better efficiency. RFQ will be part of BSE's existing reporting and settlement platform NDS-RST for corporate debt securities, the exchange noted.

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