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Max Estates acquires 10-acre land in Noida for Rs 306 croreMax Estates Limited, the real estate arm of the company will acquire 100% of equity in Accord Hotels and Resorts Private Limited for Rs 306...- MaxVIL announces closure of divestment of balance 51% stake in its packaging business for Rs 628 croreMaxVIL had initiated the transaction to sell its 51% remaining stake in Max Speciality Films Limited (‘MSFL’) to partner Toppan Inc on 15th...
- Max group to announce first residential project by March 2022The company has divested its remaining 51% shareholding in Max Speciality Films Ltd (MSFL), a subsidiary of MaxVIL, to Japan’s Toppan Inc. ...
- Max group to exit packaging films business, to focus on real estate“We have so far focused on commercial development but we will now enter the residential segment and are in final stages of acquiring three ...
- Manpreet Badal inaugurates Max Speciality Films BOPP unitThe line will be able to manufacture thicker films with advanced properties making it environment-friendly since it is conducive to recycli...
- Max Life Insurance pegs its embedded value at Rs 5,232 crore on strong financial performanceUnder the traditional method, the embedded value for 2013-14 was Rs 3,900 crore against Rs 4,400 crore under the market consistent method.
- Looking for Wipro, Infosys results, management commentaries: Ankita Somani, MSFLIn terms of giving out the topics, my topics remain Infosys, Tech Mahindra as well as TCS. I have a buy on Infy with a target price of arou...
- Tech Mahindra rallies over 4% post Q2 results; top Nifty gainerTech Mahindra reported 5.2 per cent jump in second-quarter revenue sequentially, helped by growth in its enterprises segment.
- After the Q2 show, should you shift from TCS to Infosys?Some analysts believe the market’s reaction to the performance of the top-tier IT players may not necessarily reflect ground realities.
- TCS cracks over 8% as Q2 earnings fail to impress Dalal StreetTata Consultancy Services slipped as much as 8.5% in trade on Friday, a day after the IT major reported a 6.4 per cent jump in revenue sequ...
- Top 5 IT players likely to report robust growth in Q2The sample of TCS, Infosys, Wipro and Tech Mahindra is expected to report a growth of 5.7% in sales and 3% in net profit sequentially.
- Tech Mahindra slips nearly 6% as Q1 profit, margin miss Street estimatesTech Mahindra recouped some of the morning losses but was still trading 3.9 per cent lower at Rs 2066. It hit a low of Rs 2026.55 and a hig...
- HCL Technologies down nearly 3% post Q4 results, worst fall since July 14Dollar revenues grew by 3.4 per cent q-o-q to US$1407mn, led by 17.7 per cent and 3.8 per cent sequential growth in BPM and ERD services.
- IT major Wipro slips as Q1 growth lags industry averageWipro slipped 8.4%, after the IT major posted a revenue of $1,740.2 mn in the quarter ended June, a growth of 1.2% compared to the precedin...
- Investors give thumbs-up to TCS Q1 results; stock gainsTata Consultancy Services surged as much as 4.4% on Friday, a day after India's largest software exporter reported strongest growth in 3 ye...
- BGR Energy: Margin pressure, high working capital need may co keep in a tight spotBGR Energy Systems will in all probabilities see its order book swell by about Rs 6,500 crore, once these orders get awarded in coming mont...
- Duty hike gets thumbs up from steel industry executivesSteelmakers will benefit from the government's decision to impose 30% duty on ore exports as it will make the mineral cheaper by almost 50%.
- Madras Cements expanding thermal capacity to 115 MWMadras Cements is expanding its captive power capacity and expects to cater 100% of its internal requirements, as per a research report.
- Angel Broking and MSFL Research have sell rating on stock
- Rising wages, expiry of tax breaks under software technology park scheme to eat into margins of second-tier IT firms like Hexaware Technologies, KPIT Cummins, Mindtree & NIITExpiry of tax breaks and rising wages are expected to pull own net profits and margins for these second-tier IT companies.
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