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Govt initiates safeguard probe in SMOF imports

New Delhi, Nov 14 (SocialNews.XYZ) The Directorate General of Trade Remedies under the Commerce Ministry has initiated a safeguard investigation concerning imports of “Single Mode Optical Fibre” into India. The investigation was initiated following complaint…




Mindtree sale brews Coffee Day net in Q1

Bengaluru, Nov 14 (SocialNews.XYZ) Coffee Day Enterprise Ltd (CDEL) on Wednesday reported Rs 1,509 crore net profit for the first quarter (Q1) of fiscal 2019-20, on the back of Rs 1,659 crore-gain from the sale…




Vedanta wins Jamkhani coal block in Odisha

New Delhi, Nov 13 (SocialNews.XYZ) Vedanta Limited has emerged as the highest bidder for the Jamkhani coal block in Sundargarh district, Odisha, in the 10th tranche of the captive coal block auction. The coal block…




RITES reports Q2 profits of Rs 237.21 cr

Mumbai, Nov 13 (SocialNews.XYZ) RITES on Wednesday recorded reported profits of Rs 237.21 crore for the September quarter as against a profit of Rs 111.87 crore in the corresponding quarter last year. The company said…


DoT asks telcos to submit AGR dues within 3 months

New Delhi, Nov 13 (SocialNews.XYZ) The Department of Telecommunications (DoT) on Wednesday asked telcos to submit the Adjusted Gross Revenue (AGR) amount based on self-assessment as per the Supreme court order. The DoT said in…




BSE seeks clarification on new whistleblower’s complaint

Mumbai, Nov 13 (SocialNews.XYZ) The BSE on Wednesday sought clarification from Infosys over news of a second whistleblower accusing Infosys Chief Executive Officer Salil Parekh of misconduct. IANS had reported that the whistleblower claiming to…


Insecticides India Q2 profit up 13%

Mumbai, Nov 13 (SocialNews.XYZ) Agrochemical company Insecticides India’s profit after tax for the quarter ended September stood at Rs 49 crore, up by 13.6 per cent from the corresponding quarter of the previous year. Its…



HAL net soars 116% in Q2

Bengaluru, Nov 13 (SocialNews.XYZ) State-run defence major Hindustan Aeronautics Ltd (HAL) on Wednesday reported Rs 621-crore net profit for the second quarter (Q2) of fiscal 2019-20, registering a 116 per cent annual growth from Rs…


MedPlus eyes Rs 2,800 crore turnover during FY20

Hyderabad, Nov 13 (SocialNews.XYZ) India’s leading pharmacy MedPlus on Wednesday said it expects over 24 per cent growth in revenues to close 2019-20 with Rs 2,800 crore turnover. The company, which had clocked Rs 2,250…


Punjab signs pact for promotion of products of MSMEs

Chandigarh, Nov 13 (SocialNews.XYZ) A memorandum of understanding was signed here on Wednesday by state-run Invest Punjab with startup Pumpkart for e-commerce promotion and selling of products of micro small and medium enterprises (MSMEs). Punjab…