Minda Corporation received NCLT order for merging of five domestic wholly owned subsidiary companies

Minda Corporation received NCLT order for merging of five domestic wholly ownedsubsidiary companies     Minda Corporation Limited (referred to as “Minda Corp” or the “Company, the flagship company of Spark Minda Group, today announced that the Hon’ble National Company Law Tribunal, New Delhi Bench (“NCLT”), has approved the scheme of amalgamation of five domestic Indian wholly owned subsidiary companies i.e. Minda Management Services Limited, Minda SAI Limited, Minda Automotive Solutions Limited, Minda Autoelektrik Limited & Minda Telematics and Electric Mobility Solutions Private Limited (“Transferor Companies”) into Minda Corp. Rationale…

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Oil & Natural Gas Corporation Limited  appointed Mr Rajesh Kumar Srivastava as Executive Director of the company 

Oil & Natural Gas Corporation Limited  appointed Mr Rajesh Kumar Srivastava as Executive Director of the company      Oil & Natural Gas Corporation Limited  appointed Mr Rajesh Kumar Srivastava as Executive Director of the company Brief profile of Shri Rajesh Kumar Srivastava   Mr. Rajesh Kumar Srivastava assume the charges as Director (Exploration) of the Company on 02.08.2019. Mr. Srivastava acquired Master of Science(Geology) from Lucknow University and Master’s Degree in Engineering Geology from Indian Institute of Technology, Kanpur. Mr Srivastava joined ONGC as Geologist in 1984 at Krishna…

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Jindal Stainless Limited reports Q1 PAT at Rs 67 crore

Jindal Stainless Limited reports Q1 PAT at Rs 67 crore       Jindal Stainless Limited (JSL) today announced financial results for its first quarter ended June 30, 2019. On a YoY basis, the Company recorded PAT and EBITDA for Q1FY20 at Rs 67 crore and Rs 314 crore respectively, slowing down by 26% and 16% respectively over Q1FY19. Net revenue at Rs 3,067 crore remained nearly flat compared to corresponding period last year. Total sales volume during the first quarter of the current fiscal year stood at 222,119 tonnes.…

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DQE’s The Psammy Show moves big into China as CCTV acquires broadcast rights

“ The Psammy Show

The Psammy Show moves big into China as CCTV acquires broadcast rights   Highlights DQE one of the world’s leading international producers and distributors of children’s animated content announced that its latest kids animated TV series  The Psammy Show “ which is a co‐production with Disney Germany and Method Animation France has made its way to China as state broadcaster CCTV has picked up the rights to broadcast the show. The show will broadcast on CCTV’s children’s channel, CCTV 14 Kids, from 9th  August . This will be a huge…

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HCL Technologies and Oracle Health Sciences Collaborate to Accelerate mHealth in Clinical Trials

HCL Technologies and Oracle Health Sciences Collaborate to Accelerate mHealth in Clinical Trials     HCL Technologies (HCL), a leading global technology company and a Platinum-Level member of Oracle Partner Network (OPN), and Oracle Health Sciences today announced a collaboration to help life sciences companies execute and scale the next generation of digital clinical trials to reduce the time and cost of drug development. The collaboration includes the availability of HCL’s Faster Intelligent Trials (FIT) Solution using Oracle Health Sciences Mobile Health (mHealth) Connector Cloud Service (Oracle mHealth Cloud). HCL’s…

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SRF Limited Announces Q1FY20 Financial Results declared dividend RS 7 per share

SRF Limited Announces Q1FY20 Financial Results Declared Dividend of RS 7 per share Consolidated Q1FY20 Financials The consolidated revenue of the company grew by 9% from ₹1,676 crores to ₹1,828 crores in Q1FY20 when compared with Corresponding Period Last Year (CPLY). The Company’s Earnings before Interest and Tax (EBIT) increased by 16% from ₹254 crores to ₹295 crores in Q1FY20 when compared with CPLY. The Company’s Profit after Tax (PAT) rose 41% from ₹134 crores to ₹189 crores in Q1FY20 when compared with CPLY. Commenting on the results, Managing Director,…

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