Tata Motors’ shares jump 4% despite weak earnings
MUMBAI, NOV 17: Shares of Tata Motors went up by nearly 4 per cent today, defying disappointing earnings, driven by improved margins at its flagship British arm JLR. Despite a negative opening, Tata Motors’ scrip rose 3.58 per cent to Rs 542.60 as the trade progressed at the BSE. On the NSE,... read more »
SBI may provide up to $1 billion loan for Adani’s Australia coal mine
Adani Enterprises’ $7 billion coal mine, rail and port project got a fillip on Monday, with the company signing an Memorandum of Understanding (MoU) with State Bank of India. The trading and infrastructure conglomerate signed a MoU to line up a loan of up to $1 billion from SBI for the... read more »
DLF deposits Rs. 50 cr with Supreme Court, to pay rest by November 25
Of the Rs. 630-crore fine imposed by fair-trade regulator CCI, realty major DLF has deposited Rs. 50 crore with the Supreme Court to comply with its direction and will pay the rest by November 25. In August, the Supreme Court had said that the total sum be deposited within three months, pending the... read more »
Infosys ties up with DreamWorks for new engineering solutions
Software major Infosys has entered into a strategic partnership with DreamWorks Animation SKG to develop new engineering solutions. “The tie-up envisages developing next generation technologies with our global talent pool in cloud, big data, Java and open source platforms for DreamWorks,” the... read more »
