Oracle Financial Services Software Reports Q3 Fiscal Year 2020 Net Income of Rs. 457 Crore up 27 %

Oracle Financial Services Software Reports Q3 Fiscal Year 2020 Net Income of Rs. 457 Crore up 27 %   Oracle Financial Services Software Reports Q3 Fiscal Year 2020 Net Income of Rs. 457 Crore up 27 % Quarter over Quarter and up 49 % Year over Year Revenue for the Quarter at Rs. 1,160 Crore, down 2 Year over Year Oracle Financial Services Software Limited , a majority owned subsidiary of Oracle, today announced results for th e quarter ended December 31 , 2019 . On a consolidated basis, n…

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Tata Global Beverages Consolidated revenue from Operations for the Quarter at Rs 1962 crores is up by 4%

Tata Global Beverages Consolidated revenue from Operations for the Quarter at Rs 1962 crores is up by 4%     Results for the Quarter ended 31st December 2019 Consolidated revenue from Operations for the Quarter at Rs 1962 crores is up by 4% in constant currency India branded tea business for the quarter is up by 6% in value and 7% in volume terms Group Net Profit for the Quarter at Rs 136 crores up by 25%   For the quarter, Revenue from operations increased by 3% as compared to…

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Centrum Housing Finance Ltd. To Raise INR 190 crore of Equity Capital from a Fund Managed by Morgan Stanley Private Equity Asia

Centrum Housing Finance Ltd. To Raise INR 190 crore of Equity Capital from a Fund Managed by Morgan Stanley Private Equity Asia   Centrum Housing Finance Limited (“CHFL” or “the Company”), a retail focused, affordable housing finance player and part of the Centrum Group, is pleased to announce that it has signed an agreement to raise INR 190 crore of equity funds from a fund managed by Morgan Stanley Private Equity Asia. The fund will acquire a significant minority stake in the Company. CHFL, which started operations in 2017, has…

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Amara Raja Batteries Q3FY20 result reported a revenue of Rs. 1747.81 crores 

Amara Raja Batteries Q3FY20 result reported a revenue of Rs. 1747.81 crores      Amara Raja Batteries Limited, India’s leading Industrial and Automotive Battery major today reported a revenue of Rs. 1747.81 crores in Q3 FY 20 (Rs. 1694.66 crores) with a growth of 3 % and profit after tax (PAT) of Rs. 164.41 crores (Rs. 130.89 crores). The Earnings Per Share (EPS) for Q3 FY 20 was at Rs. 9.63 For the quarter ended December 31, 2019 OE and Telecom sectors continue to experience demand slow down. However, the…

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Coromandel International posts Q3 results Total Income stood at Rs. 3,288 crores

Coromandel International posts Q3 results Total Income stood at Rs. 3,288 crores     During the quarter ended 31 December 2019, the Company’s consolidated Total Income stood at Rs. 3,288 crores in comparison to the corresponding quarter last year of Rs. 3,059 crores. Profit before depreciation, interest, taxes and exceptional item (EBITDA) has grown by 42% to Rs. 432 crores vs. Rs. 305 crores during corresponding quarter of last year. Consolidated net Profit After Tax for quarter is Rs. 265 crores in comparison Rs. 154 crores for the corresponding quarter…

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ITC Financial Results for the Quarter ended 31st December, 2019 Post tax profit up 29%

ITC Financial Results for the Quarter ended 31st December, 2019 Post tax profit up 29%     • FMCG-Others Segment Revenue up 6.1% on a comparable basis amidst continued slowdown in the FMCG industry. – Segment EBITDA up 48% to Rs. 256 crores notwithstanding higher marketing investments, gestation and start-up costs of new categories/new facilities. • Strong growth in existing properties and robust performance of new properties drive Hotels Segment Revenue (up 22.2%) and Segment EBITDA (up 40.1%). – ITC Royal Bengal, Kolkata continues to set new benchmarks in culinary…

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A new day for credit unions with the launch of Gojoko Community Lenders Go Digital Platform in partnership with Persistent Digital Credit Union Solution

A new day for credit unions with the launch of Gojoko Community Lenders Go Digital Platform in partnership with Persistent Digital Credit Union Solution   Persistent Systems and fintechplatform leader Gojoko today announced a joint offering – the Community Lenders Gô Digital Platform running on the Persistent Digital Credit Union Solution™. Persistent also announced the availability of the Persistent Digital Bank Solution™, which includes an industry-first actbot, providing new levels of proactive interaction with customers. Community Lenders Gô Digital® Platform supports Gojoko Marketing’s mission to elevate community banks and credit…

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Yes Bank Limited  Acquisition Rosa Power Supply Company Limited, a wholly owned subsidiary of Reliance Power Limited. 

Yes Bank Limited  Acquisition Rosa Power Supply Company Limited, a wholly owned subsidiary of Reliance Power Limited.      YES BANK Limited has, pursuant to invocation of pledge of shares, acquired 127,321,500 equity shares having nominal value of Rs. 10/- per share, constituting approx. 29.97% of the post-issue paid-up share capital of Rosa Power Supply Company Limited, a wholly owned subsidiary of Reliance Power Limited. NBCC (India) Limited  ‘General Updates regarding takeover of the Jaypee Infratech Limited by NBCC (India) Limited 

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NBCC (India) Limited  ‘General Updates regarding takeover of the Jaypee Infratech Limited by NBCC (India) Limited 

NBCC (India) Limited  ‘General Updates regarding takeover of the Jaypee Infratech Limited by NBCC (India) Limited      Reference to the Corporate Insolvency Resolution Process of Jaypee Infratech Limited (JIL) and our previous intimation vide letter dated December 3, 2019, wherein it was informed that NBCC has submitted the revised Resolution Plan for Jaypee Infratech Limited on December 3, 2019. It is further informed that the Company has received a Letter of Intent (LOI) from Interim Resolution Professional of Jaypee Infratech Limited through Email dated December 17, 2019 that NBCC’s…

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Mindtree Launches an Immersive Technologies Experience Center in Collaboration with PTC

Mindtree Launches an Immersive Technologies Experience Center in Collaboration with PTC     Immersive Aurora facility provides opportunities to enhance customer experience across augmented, virtual and mixed reality touchpoints Mindtree, a global technology services and digital transformation company, today announced that it has established a new India-based center of excellence, called Immersive Aurora, as a site to develop immersive technology experiences. The company is collaborating with global software company PTC to unleash new possibilities and transform interactions throughout the customer experience and Industry 4.0 touchpoints. Investments in augmented, virtual and…

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