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Indian stocks edge higher in lackluster trade; ITC up 3%

Deep Industries bags contract from ONGC  -   23/06/2017 10:27
D eep Industries has said that it has been awarded a contract from ONGC Ltd. The contract is for securing the services of 30 Tons Workover Rig to be deployed in ONGC CBM Asset, Bokaro. “The tenure of the contract is 1 year and the total estimated value of the said contract is Rs. 3.72 crore,” the company said in a filing to the Bombay Stock Exchange. Deep continues to participate in the g...
Quess Corp signs agreements to acquire stake in Heptagon, Comtel Pro  -   23/06/2017 10:10
Q uess Corp has said that it has signed definitive agreements to acquire 46 per cent equity in Heptagon Technologies. The transaction entails a cash consideration of Rs 9.77 crore. Quess Corp also informed in a filing to the Bombay Stock Exchange that Quesscorp Holdings, wholly owned subsidiary of the company has entered into definitive agreement to acquire 51% shareholding in Comtel Pro, a private limite...
EID Parry’s arm partners Synthite for extraction of Phycocyanin  -   23/06/2017 09:54
E ID Parry has said that its arm Parry Nutraceuticals (a division of EID Parry and part of the Murugappa Group) has forged a partnership with Synthite Industries, to apply proprietary patented technologies for extraction of Phycocyanin, a natural blue pigment found in Spirulina. Natural Blue is one of the Primary colours, which is difficult to master and has very limited sources that are acceptable by re...
Shriram EPC bags multiple orders worth Rs 165 cr  -   23/06/2017 09:26
S hriram EPC Limited (SEPC), one of the leading service providers of integrated design, engineering, procurement, services has that it has won multiple orders under its water management business amounting to Rs. 165 crore. “The first order amounting to Rs. 83.37 crore from City Corporation Davanagere, involves designing, building and improving bulk water supply for 24X7 water supply to Davanagere ci...
Wipro to partner Red Hat to set up cloud application factory  -   23/06/2017 09:25
W ipro Limited, a leading global information technology company has said that it is planning to collaborate with Red Hat, the world’s leading provider of open source solutions, to set up a cloud application factory designed to offer developers and IT teams a repeatable and rapid methodology for application modernization across public, private, and hybrid clouds. “Wipro’s cloud applicati...
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