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Reliance stock up 2 pc, nears record high after rights issue
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 4 (ANI): Shares of Mukesh Ambani-led Reliance Industries Ltd (RIL) traded higher by 2 per cent during the afternoon on Thursday after the company said it has received an overwhelming response to its rights issue worth Rs 53,124 crore which was subscribed 1.
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Mittal Lifestyle Ltd posts excellent results for year ended March 2020
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India] June 4 (ANI/NewsVoir): NSE listed, Mittal Lifestyle Ltd. have been growing progressively over the years with around 12 per cent - 15 per cent increase in revenue Y-O-Y.
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Oriental Hotels FY20 revenue dips due to COVID-19 lockdown
Updated : 5 years, 9 months ago IST
Chennai (Tamil Nadu) [India], June 4 (ANI): Oriental Hotels Ltd has reported a loss of Rs 3.8 crore in 2019-20 as compared to a profit of Rs 89 crore in the previous financial year due to business interruption across properties on account of COVID-19.
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On World Bicycle Day, Atlas Cycles announces temporary layoffs
Updated : 5 years, 9 months ago IST
Ghaziabad (Uttar Pradesh) [India], June 4 (ANI): On the International World Bicycle Day, which falls on June 3, Atlas Cycles (Haryana) Limited pasted a notice outside its production plant in Sahibabad announcing temporary lay off of its employees.
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JSPL records 28 pc rise in May steel sales volume
Updated : 5 years, 9 months ago IST
New Delhi [India], June 3 (ANI): Jindal Steel and Power Ltd (JSPL) said on Wednesday it recorded the highest ever standalone steel sales of 6.4 lakh tonnes in May, marking a growth of 28 per cent as compared to sales of 5 lakh tonnes during the same period of previous year.
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Religare completes Kedaara deal in health insurance arm
Updated : 5 years, 9 months ago IST
New Delhi [India], June 3 (ANI): Religare Group on Wednesday announced the completion of a transaction with Kedaara Group entity Trishikhar Ventures LLP for investments in its health insurance subsidiary Religare Health Insurance Company Ltd (RHICL).
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Banking sector needs recapitalisation of Rs 4 lakh crore: Uday Kotak
Updated : 5 years, 9 months ago IST
New Delhi [India], June 2 (ANI): Industry leaders said on Tuesday that the banking and financial sectors need structural reforms to propel economic growth as the country aspires to become self-reliant in the face of coronavirus crisis and enters the 'Unlock Phase 1.'
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Max Life Insurance claims paid ratio at an all-time high of 99.22 pc
Updated : 5 years, 9 months ago IST
New Delhi [India], June 2 (ANI): Max Life Insurance Co Ltd said on Tuesday it paid 15,342 death claims amounting to Rs 563 crore in the financial year 2019-20, thus achieving an all-time high individual death claims paid ratio of 99.22 per cent in the company's last five-year performance.
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CNG price hiked in Delhi by Re 1
Updated : 5 years, 9 months ago IST
New Delhi [India], June 1 (ANI): Indraprastha Gas Ltd (IGL), the firm that retails CNG to automobiles and piped natural gas to household kitchens, on Monday revised CNG price in the national capital and adjoining cities by one rupee per kg.
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Inflow Technologies partners with SecPod to enable faster delivery of endp
Updated : 5 years, 9 months ago IST
Bengaluru (Karnataka) [India], June 1 (ANI/NewsVoir): Inflow Technologies Pvt Ltd today announced that it has partnered as a distributor with SecPod, SecPod is a leading provider of endpoint security and management solutions.
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Max India sets record date as June 15 after NCLT approves demerger
Updated : 5 years, 9 months ago IST
New Delhi [India], June 1 (ANI): Max India Ltd, a listed entity of the three billion dollar Max Group, said on Monday that the National Company Law Tribunal (NCLT) has approved the composite scheme involving the merger of the healthcare assets of Max India into Max Healthcare and demerger
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Great Eastern Shipping reports loss of Rs 12 crore on higher expenses
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 30 (ANI): Great Eastern Shipping Co Ltd on Saturday reported a loss of Rs 12.5 crore in the quarter ended March against a profit of Rs 135.6 crore in Q4 FY19.
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