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Hester Biosciences net profit up 39% in Q2 FY17

India Infoline News Service / 18:53, Oct 20, 2016

The company has recommended interim dividend of INR 3 per share (30% on face value of INR 10 per share).

Stock Market News

Gulf Oil Lubricants Q2 PAT up 28% YoY at Rs.30 crore

India Infoline News Service / 18:34, Oct 20, 2016

Inspite of July-September quarter being seasonally a low offtake quarter due to the monsoons and reduced vehicle/equipment movements, the Company achieved all round volume gains across segments to notch up overall double digit volume growth during the quarter.

Business News

Tata Teleservices launches MDM in Indian Market

India Infoline News Service / 15:09, Oct 20, 2016

This product addresses concerns that CIOs across the country have voiced with regard to data security over mobile devices, workforce productivity and most importantly, BYOD (Bring Your Own Device). It is a telecom service provider agnostic solution and can be deployed quickly, in hassle-free simple steps.

Corporate News

Jobs moved up by 5% in same period last year: Naukri Job Speak Index

India Infoline News Service / 13:59, Oct 20, 2016

“After an Impressive 22% and 10% YOY growth in July and August respectively, though the September index seems to have slowed down a bit with a 5% growth, the good news is the sustained positive momentum in key sectors like IT/ITES and Banking. With the festive season round the corner, we can expect the index to move further north in the next few quarters. Good times ahead for jobseekers across sectors.”, said V. Suresh, Chief Sales Officer, Naukri.com.

IPO News

Bharat Wire Ropes IPO subscribed 59%

India Infoline News Service / 17:35, Mar 21, 2016

The initial public offering (IPO) received bids for 1,04,09,100 shares against the total issue size of 1,75,00,000 shares, according to NSE data.

MF News

Insurance and Mutual Fund Newsletter - September 26 to 30, 2016

India Infoline News Service / 16:44, Oct 01, 2016

This week saw Bank of India sell 18% stake in Star Union Dai-ichi Life Insurance to Dai-ichi Life. IIFL presents a weekly snapshot of all the major happenings in the Insurance and Mutual Fund industry nationally and internationally.

Global News

Temasek invests $250M in Columbia Pacific’s China operations

India Infoline News Service / 13:50, Oct 20, 2016

Temasek is investing about $250 million USD in Columbia China, the China healthcare arm of Seattle’s Columbia Pacific Management, which will result in a 50/50 joint venture with Columbia Pacific. Columbia China currently has a 220-bed orthopedic hospital, two multi-specialty clinics and three senior living facilities in Shanghai and Beijing.

M & A News

Wipro to acquire Appirio

India Infoline News Service / 18:28, Oct 20, 2016

Appirio and Wipro are coming together to unlock transformational synergies in the applications space and help enterprises create new business models, Abidali Z. Neemuchwala said.

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