At a time when edtech is booming, Educomp Solutions has seen its value erode sharply due to poor decisions by the CoC, and yet no action has been taken against this mismanagement by the IBBI or RBI, says promoter Shantanu Prakash.
Industry insiders said that the early success of Prakash business was purely because of his entrepreneurial spirit and aggression. This same aggression could also have been the result of his downfall.
Educomp Solutions in focus -- Insolvency Resolution Professional (IRP) invites prospective investors, lenders and other interested parties to submit resolution plans for the company.
Once the sunshine segment of the education market, education technology companies including Educomp Solutions, Core Education & Technologies and Everonn Education are now reeling under rising losses and falling revenues.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today -- ABB, IGL, Ratnamani Metals, Max Ventures, Aptech, Educomp, NIIT, Career Point, Navneet Education, Coffee Day, Speciality Restaurants, Thermax, Bharat Forge and Canara Bank.
M&M | JSPL | Hindalco | Reliance Communications | Tata Power | GPT Infra | NBCC | Hotel Leela | Yes Bank | Edelweiss Financial | Ashok Leyland | Hinduja Foundries | Ajanta Pharma | Shelter Infra | National Fertilizers | Patel Engineering | Rolta India | Educomp | DB Realty | BEML and Supreme Infra are stocks, which are in the news today.
The sale is in compliance with Educomp's approved corporate debt restructuring scheme and in accordance with the master restructuring agreement executed with the lenders and with the approval of ICICI Bank, holder of the exclusive security, it said.
Lupin | Ambuja Cements | Tata Steel | Zee Entertainment | Jaiprakash Power Ventures | ONGC | Cairn India | IMP Power | MOIL | Manali Petrochem | 3i Infotech | SAT Industries | PI Industries | Ingersoll Rand | Indian Metals | IDFC | United Spirits | State Bank Of Travancore | Neuland Labs and Delta Corp are stocks, which are in the news today.
The company's indirect subsidiary Educomp Software has entered into joint venture with Ebix Software India to incorporate new company by name of Ebix Educomp Learning.
Reliance Industries | Axis Bank | Idea Cellular | Bharat Forge | Apollo Hospitals | Educomp Solutions | Piramal Enterprises | NALCO | Virinchi and Majestic Research are stocks, which are in the news today.
Reliance Industries | Axis Bank | Idea Cellular | Bharat Forge | Apollo Hospitals | Educomp Solutions | Piramal Enterprises | NALCO | Virinchi and Majestic Research are stocks, which are will be in the news on Monday.
The company's subsidiary Educomp Infrastructure & School Management has completed the sale of its land and building.
Maruti Suzuki | Lupin | Dr Reddy's Labs | PNB | PFC | IOC | BPCL | JSW Steel | JSW Energy | Jindal Steel | Fiem Industries | HCL Infosystems | Skipper | Insecticides India | Claris | Gujarat Industries Power | Info Edge | Educomp Solutions | Bodal Chemicals | Equitas Holdings | Bharat Forge and BILT are stocks, which are in the news today.
Sudarshan Sukhani of s2analytics.com recommends buying Asian Paints, Titan Company and Century Textiles and Industries and advises shorting Just Dial and Adani Ports.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Sun TV, Jet Airways, SpiceJet, IndiGo, Biocon, BF Utilities, Motherson Sumi, Indiabulls Real Estate, Petronet LNG, JK Tyre, Educomp, Everonn, and Aptech.
Educomp Solutions has reported a consolidated total income from operations of Rs 116.10 crore and a net loss of Rs 82.51 crore for the quarter ended Dec '15
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Educomp Solutions, Atlas Cycles, SREI Infrastructure Finance, Jaiprakash Power Ventures, Lux industries, Texmaco Rail, Siti Cable, Mangalore Chemicals & Fertilizers.
Following the Reserve Bank of India's policy decision last year to allow banks to take over companies in default using the strategic debt restructuring (SDR) route, the newest company that may join the list is debt-stricken Educomp Solutions.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have United Breweries Group, G M Breweries, Welspun Enterprises, CARE, Madras Fertilizers, SREI Infra, Educomp Solutions, Rel Infra, Titan, Sterlite Technologies and Tide Water.
Stocks likely to be in limelight are: Lupin, Aurobindo Pharma, Birla Corporation, Titan Company, National Buildings Construction Corporation, Educomp Solutions, JBF Industries, Sterlite Technologies, Jindal Steel & Power, GSPL (India),Arvind.
Larsen and Toubro | Lupin | JSPL | Rohit Ferro-Tech | HCL Infosystems | Ajmera Realty | Sterlite Technologies | BPCL | L&T Finance Holdings | IOC | HPCL | Saregama | Ortel Communications | V-Mart Retail | Adavanta | Cairn | Aurobindo Pharma | Educomp Solutions | Reliance Infrastructure | NBCC and Titan are stocks, which are in the news today.
Educomp Solutions has reported a consolidated total income from operations of Rs 127.58 crore and a net loss of Rs 128.61 crore for the quarter ended Sep '15
Hindalco Industries | Tata Power | GSPL | Praj Industries | Prestige Estates | Financial Technologies | Jet Airways | Bank of India | L&T Finance | Moser Baer | Educomp Solutions | Pfizer | Eros International | Man Industries | NHPC | Parsvnath Developers | Orchid Chemicals and HPCL are stocks, which are in the news today.
The company had reported consolidated net loss of Rs 567.20 crore in the year-ago period, it said in a BSE filing.