Persistent Systems reports stable Q3FY19 numbers
Persistent Systems reports stable Q3FY19 numbers

Persistent Systems reports stable Q3FY19 numbers

Amir Shaikh Article rating: 3.7

The company’s board of directors have approved the buyback of equity shares under the open market route for an aggregate amount not exceeding Rs 225 crore at a maximum buyback price not exceeding Rs 750 apiece. Also, it has declared an interim dividend of Rs 8 per share. 

Mahindra joins hands with Greaves Cotton for BS-VI powertrain solutions
Mahindra joins hands with Greaves Cotton for BS-VI powertrain solutions

Mahindra joins hands with Greaves Cotton for BS-VI powertrain solutions

Nidhi Jani Article rating: 5.0

Under this agreement, Greaves Cotton will provide affordable last mile mobility solutions through BS-VI powertrain solutions to Mahindra & Mahindra. These powertrains will be used in Mahindra three-wheelers, which in turn will serve millions of customers.

Tata Steel offloads stakes in Thai, Chinese subsidiaries
Tata Steel offloads stakes in Thai, Chinese subsidiaries

Tata Steel offloads stakes in Thai, Chinese subsidiaries

DSIJ Intelligence Article rating: 5.0

Tata Steel's subsidiary, TSGH has agreed to divest its equity stakes held in China-based NatSteel Holdings and Tata Steel Thailand to a new entity which will be controlled by HBIS Group. This strategic partnership will help Tata Steel expand its south-east Asia business.

ZEEL posts comeback with 15 per cent gain
ZEEL posts comeback with 15 per cent gain

ZEEL posts comeback with 15 per cent gain

Nidhi Jani Article rating: 5.0

Reacting to the pledge invocation, the company’s management clarified that it was in talks with its lenders who have agreed not to invoke the pledge on promoters shares. The company’s promoters have given assurance that they can carry out the strategic stake sale in a time-bound manner.

Natco Pharma launches Valsartan-Sacubitril in India
Natco Pharma launches Valsartan-Sacubitril in India

Natco Pharma launches Valsartan-Sacubitril in India

Nidhi Jani Article rating: 3.9

Hyderabad-based Natco Pharma has launched Valsartan-Sacubitril tablet under its brand VALSAC, the company informed the bourses. This tablet is used for certain types of heart failure and keeps blood vessels from narrowing.

Market dips more than 400 points
Market dips more than 400 points

Market dips more than 400 points

DSIJ Intelligence Article rating: 5.0

Banks pull down markets massively. Nifty Bank was down 478.45 points or 1.76 per cent. Pharma stocks also experienced selling pressure. Other than IT and media all sectorial indices were trading in red.

Should you consider investing in dynamic bond funds?
Should you consider investing in dynamic bond funds?

Should you consider investing in dynamic bond funds?

DSIJ Intelligence Article rating: 1.7

When it comes to debt funds, people usually compare it with equity funds in terms of returns and refrain from investing in them. So is dynamic bond funds worth investing in? Let’s find out.

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

Ten stocks close to their 52-week high

Shital Jibhe Article rating: 5.0

The markets on January 28, 2019 opened gap down. BSE Sensex is trading at 35,690.77, down by 334.77 points and the Nifty is trading at 10,680.70, down by 99.85 points. 

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