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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…




Rupee tumbles 63 paise, falls to Rs 72 per dollar

Mumbai, Nov 13 (SocialNews.XYZ) The domestic currency ended sharply lower on Wednesday over weak macro numbers and soft capital market sentiments. The rupee slipped to its lowest in two months at Rs 72.09 a dollar…


Vodafone’s JV in India in precarious situation: HSBC

New Delhi/London, Nov 13 (SocialNews.XYZ) Global brokerage major HSBC has noted that Vodafones joint venture (JV) in India is in a precarious situation after Vodafone’s global CEO reiterated that there will be no further injection…



NYSE operator ICE opens tech centre in Hyderabad

Hyderabad, Nov 13 (SocialNews.XYZ) Intercontinental Exchange Inc (ICE), a leading operator of global exchanges, including the New York Stock Exchange (NYSE) and clearing houses, and provider of data and listings services on Wednesday announced the…



Punjab, Haryana procured over 200 lakh tonnes paddy

Chandigarh, Nov 13 (SocialNews.XYZ) Agrarian states Punjab and Haryana have procured over 200 lakh tonnes of paddy this kharif season, food and supplies officials said on Wednesday. Punjab alone has procured 149.50 lakh tonnes of…


Power Grid to float InvIT to monetise transmission assets

New Delhi, Nov 13 (SocialNews.XYZ) The government’s asset monetisation programme will take off from March next year when the central transmission utility Power Grid Corporation of India Ltd (PGCIL) floats an infrastructure investment trust (InvIT)…



Sensex ends 229 pts lower after drastic fall in IIP

Mumbai, Nov 13 (SocialNews.XYZ) Weak industrial data resulted in broad-based selling in the markets on Wednesday. With none of the sectoral indices managing to finish in the green, the benchmark Sensex closed 229 points lower….