Standard Industries increases stake in Duville Estates
Standard Industries increases stake in Duville Estates

Standard Industries increases stake in Duville Estates

Gayathri Udyawar Article rating: 5.0

The company's board approved investing surplus funds to increase its stake in real estate developer Duville Estates to 9.64 per cent. The shares were purchased at Rs. 83 per equity share.

Cox & Kings: MEININGER group to open hotel in Cologne
Cox & Kings: MEININGER group to open hotel in Cologne

Cox & Kings: MEININGER group to open hotel in Cologne

Apurva Joshi Article rating: 5.0

Cox & Kings owned MEININGER Hotels has signed an agreement to open a new hotel in Cologne. The hotel will open in 2022. The new hotel comprises a gross floor area of more than 7,900 sq.m. with more than 200 rooms.

Ten stocks close to their 52-weeks high
Ten stocks close to their 52-weeks high

Ten stocks close to their 52-weeks high

Shital Jibhe Article rating: 5.0

The markets on May 30, 2019 opened up. BSE Sensex is trading at 39,819.06, up by 317.01 points and the Nifty is trading at 11,946.15, up by 85.05 points. 

DCM to raise Rs. 50 crore
DCM to raise Rs. 50 crore

DCM to raise Rs. 50 crore

Dnyanada Kulkarni Article rating: 4.6

DCM Limited plans to raise capital of Rs. 50 crore by issuing equity shares to the shareholders of the company on a rights basis (Rights Issue).

Manpasand sinks further, again hits lower circuit
Manpasand sinks further, again hits lower circuit

Manpasand sinks further, again hits lower circuit

Geyatee Deshpande Article rating: 4.5

Shares of the company have continuously tumbled after news of arrest and resignation of Manpasand's top management. Manpasand Beverages Limited (MBL) has allegedly engaged in GST fraud, evading taxes of around Rs. 40 crore.

PFC gains on posting healthy financials
PFC gains on posting healthy financials

PFC gains on posting healthy financials

Shohini Nath Article rating: 4.5

Power Finance Corporation (PFC) has reported healthy numbers for Q4FY19. For the fiscal year 2018-19, PFC delivered an annual net profit of Rs. 6,953 crore and a quarterly profit of Rs. 2,118 crore. The annual net profit is up by 58% from FY 2017-18.

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