IIFL Wealth Management Acquires Chennai-based Wealth Advisors India IIFL Wealth Management Acquires Chennai-based Wealth Advisors India Shohini Nath / Tuesday, October 16, 2018 0 2920 Article rating: 5.0 IIFL Wealth Management Ltd announced it would acquire the entire share capital and the company of Chennai-based Wealth Advisors India Private Limited (Wealth Advisors). IIFL Wealth will conclude the transaction for a consideration of INR 235 Crore. The transaction is subject to regulatory approvals. Read more
Symbo India Insurance Broking launches Marathon Insurance Symbo India Insurance Broking launches Marathon Insurance Shohini Nath / Tuesday, October 16, 2018 0 3074 Article rating: 5.0 Symbo India Insurance Broking (Symbo), a digital insurance brokerage firm, in partnership with Reliance General Insurance and event ticketing company Goeventz has launched Marathon Insurance – a unique cover for marathon runners. Read more
Overnight Digest: Stocks to watch out for on October 17, 2018 Overnight Digest: Stocks to watch out for on October 17, 2018 Dnyanada Kulkarni / Tuesday, October 16, 2018 0 3204 Article rating: 4.6 The stocks most likely to witness significant movement on the bourses on October 17, 2018 are TTK Prestige Limited, Infosys Ltd., L&T Technology Services, Cochin Shipyard and ITI Ltd. Read more
IT major Infosys reports 14 per cent PAT growth in Q2FY19 IT major Infosys reports 14 per cent PAT growth in Q2FY19 Amir Shaikh / Tuesday, October 16, 2018 0 1640 Article rating: 5.0 Infosys consolidated revenue for the quarter came in at Rs. 20609 crore, registering an increase of 7.74 per cent QoQ. In USD terms, Q2FY19 revenues rose by 3.2 per cent QoQ, while in constant currency terms. Read more
APL receives tentative USFDA approval, stock pierces its previous resistance APL receives tentative USFDA approval, stock pierces its previous resistance Bhagyashree Vivarekar / Tuesday, October 16, 2018 0 2728 Article rating: 5.0 Alembic Pharmaceuticals (APL) has received USFDA tentative approval for its ANDA Alogliptin tablets of 6.25 mg, 12.5 mg and 25 mg. The stock of Alembic Pharmaceuticals opened on a positive note with open and low as the same level, indicating optimism throughout the day. Read more