ICRA places Coffee Day rating on watch; VG Siddhartha dead ICRA places Coffee Day rating on watch; VG Siddhartha dead DSIJ Intelligence / Wednesday, July 31, 2019 0 3766 Article rating: 3.0 The rating agency has revised its rating for the company's Rs. 315 crore term loan from developing implications to negative implications. The company's board appoints Interim Chairman and Interim Chief Operating Officer. Read more
IPO Update: Spandana Sphoorty IPO to hit market next week IPO Update: Spandana Sphoorty IPO to hit market next week DSIJ Intelligence / Wednesday, July 31, 2019 0 4054 Article rating: 2.3 The IPO of the microfinance company opens for subscription on August 5. The price band for the offer is set at Rs. 853 to Rs. 856 per share. Read more
Q1FY20 Results: Maruti Suzuki net profit dips 27 per cent Q1FY20 Results: Maruti Suzuki net profit dips 27 per cent DSIJ Intelligence / Friday, July 26, 2019 0 1383 Article rating: 2.7 Reflecting the distress faced by the auto industry, leading automaker Maruti Suzuki reported 27.3 per cent YoY dip in its standalone net profit at Rs. 1,435.5 crore in Q1FY20. Read more
Vedanta: CIHL exits investment with US$ 100 million gains Vedanta: CIHL exits investment with US$ 100 million gains DSIJ Intelligence / Friday, July 26, 2019 0 2516 Article rating: 3.8 Vedanta's subsidiary, Cairn India Holdings Limited (CIHL) plans to unwind its structured investment in Anglo American Plc through the early exchange option, the company informed on Friday. Read more
Newgen granted US patent, stock up 7 per cent Newgen granted US patent, stock up 7 per cent DSIJ Intelligence / Thursday, July 25, 2019 0 3952 Article rating: 5.0 The US-based subsidiary of Newgen Software Technologies Limited has received a patent from the US Patent Office for Intelligent Check Deposit Machine. Read more