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

Tata Comm partners Chunghwa telecom to provide IoT experience  -   22/02/2018 10:01
T ata Communications, a leading digital infrastructure provider has said that it is joining forces with Chunghwa Telecom, Taiwan’s largest mobile network operator, to bring global connectivity to consumer electronics and industrial Internet of Things (IoT) devices. Tata Communications MOVE - IoT Connect™ allows IoT devices to be deployed quickly both locally and internationally by leveraging...
Godrej Properties adds new residential project in Gurgaon  -   22/02/2018 09:20
G odrej Properties Ltd. (GPL), one of India’s leading real estate developers has said that it has expanded its residential portfolio in NCR, with an addition of a new residential project in Gurgaon. This project will offer approximately 70,500 square meters (approximately 7.5 lakh sq. ft.) of saleable area and will be developed as a modern group housing development. This project is situated in an estab...
Glenmark Pharma enters into agreement with Sam Chun Dang  -   22/02/2018 09:19
G lenmark Pharmaceuticals, a global pharmaceutical company has said that it has entered into an exclusive agreement with Sam Chun Dang Pharm. Co. Ltd. (SCD), to develop, manufacture and market a portfolio of ophthalmic products in the U.S. and Canada. Under this agreement, these products will be developed and manufactured by SCD in South Korea. Glenmark will seek all market authorizations and commerciali...
Allahabad Bank has Rs 517-cr exposure to Rotomac  -   22/02/2018 00:50
S tate-owned Allahabad Bank today said it has an exposure of Rs 516.79 crore to crisis-hit Rotomac group and the lender has made required provisioning for the same as per RBI norms, reported PTI. Responding to a clarification sought by exchanges on news article "Rotomac owner flees India after taking Rs 800 crore loans', the Allahabad Bank said the group is "having an exposure from our bank since 2006...
Ruchi Soya Inds. posts Q3 net loss of Rs 1956.60 cr  -   21/02/2018 17:05
T he company reported standalone net loss during the quarter stood at Rs 1956.60 crore as compared to net loss of Rs 216.83 crore in the previous year quarter. Net revenue of the company declined substantially by 38.76 per cent at Rs 3,024.84 crore in October-December quarter of this fiscal as against Rs 4,939.63 crore in the corresponding period last year. During October-December quarter, operating ex...
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