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The company had posted a net profit of Rs 303.03 crore for the July-September period a year ago, Britannia Industries said in a BSE filing.
Britannia shares jump 6 per cent after Q2 earnings
13 Nov 2019 12:02 PM

The scrip gained 5.86 per cent to Rs 3,299 on the BSE. On the NSE, it climbed 5.75 per cent to Rs 3,299.

Facebook Pay will make these transactions easier while continuing to ensure your payment information is secure and protected.
Facebook messaging apps getting unified payment system
13 Nov 2019 11:12 AM

The unified service will begin rolling out in US this week for fundraisers, in-game purchases, event tickets, and person-to-person payments.

Bharti Airtel, Bharti Infratel and private equity firm Varde Partners have submitted their bids for assets of debt-laden Reliance Communications.
Airtel submit bids for RCom spectrum; Jio seeks deadline extension by 10 days
13 Nov 2019 9:50 AM

RCom committee of creditors is scheduled to meet on November 13, 2019 to take call on the bids opening.

Globally, over 7,000 brands have already enrolled in Project Zero across US, Europe and Japan, he added.
Amazon brings 'Project Zero' to India to help brands fight counterfeits
13 Nov 2019 9:49 AM

The initiative was launched earlier this year in the US, Europe (UK, France, Italy, Spain, and Germany) and Japan.

In the first round of insolvency proceedings, the Rs 7,350 crore bid of Lakshdeep, part of Suraksha Group, was rejected by lenders.
Jaypee Infratech insolvency: Lenders to meet on Nov 18 to comply with SC direction
13 Nov 2019 9:30 AM

Jaypee Infratech, a subsidiary of Jaiprakash Associates, has an outstanding debt of nearly Rs 9,800 crore.

UberEats has not been able to expand itself to the size of Swiggy and Zomato.
Uber India gets more than Rs 1,700 crore from parent
13 Nov 2019 3:21 AM

Zomato and Swiggy have recently raised funding to compete in the high cash-burn business of food delivery.

Infosys is said to have hired PwC to investigate two whistle-blower complaints alleging financial malfeasance against chief executive Salil Parekh and finance chief Nilanjan Roy.
Infosys faces another whistleblower complaint, CEO accused of misdeeds
13 Nov 2019 3:19 AM

When the first letter became public on 22 October, Infosys stock plunged about 16 per cent and since then, the stock has recovered 9.5 per cent.

The ultra-large crude carrier with capacity of about 3 million barrels arrived off Malaysia in late-September laden with low-sulphur fuel after beginning her 12,400-mile (19,955-kilometre) journey from the Mediterranean Sea in August.
Oil tanker to become Asia’s refuelling hub
13 Nov 2019 1:36 AM

The Oceania, one of the world’s biggest oil carriers, will serve as a floating storage and distribution centre for marine fuel in waters.

Srei Infra’s total consolidated income for the quarter stood at Rs 1,424.18 crore as against Rs 1,537.43 crore recorded during the year-ago quarter.
Srei focuses on co-lending biz; PAT down
13 Nov 2019 1:35 AM

The company's consolidated PAT was at Rs 98.04 crore in the first six months of this financial year against Rs 250.52 crore last year.

Sonalika International Tractors
Sonalika International Tractors to set up unit in China
13 Nov 2019 1:35 AM

The new facility would have an installed capacity to produce 50,000 engine and tractors annually.

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