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Wipro allots shares worth over Rs 1 crore to employees

2015-04-22 15:14:23| IT Services - Topix.net

The country's third largest software services firm Wipro yesterday reported 2.1 per cent rise in fourth quarter net profit to Rs 2,286.5 crore, while it elevated founder Azim Premji's son Rishad to the board. IT major Wipro today announced allotment of 18,819 shares, worth about Rs one crore at the current market price, to eligible employees.

Tags: to worth employees shares

 

Dr Reddy's to buy UCB's select brands for Rs 800 crore

2015-04-01 23:34:53| Biotech - Topix.net

The company has entered into a definitive agreement with UCB which also entails absorbing 350 employees engaged in the operations of India business, Dr Reddy's Laboratories said in a filing to the BSE. "The revenues of the acquired business is approximately Rs 150 crore for the calendar year 2014," it added.

Tags: select buy brands crore

 
 

EID Parry sells Alagawadi Bireshwar Sugars for Rs 1.7 crore

2015-03-31 08:18:24| Sugar Industry News

Murugappa Group firm EID Parry (India) Ltd said that it has divested its entire shareholding of 1,02,222 equity shares of Rs 100 each in Alagawadi Bireshwar Sugars Pvt Ltd for Rs 1.70 crore.

Tags: sells eid sugars parry

 

Farmers' cane arrears mount to 600 crore

2015-03-30 08:23:36| Sugar Industry News

MUZAFFARPUR: A piquant situation has cropped up in sugar industry in the state where a sudden fall in wholesale sugar price from Rs 3,400 to Rs 2,500 per quintal has forced the sugar mill owners to hold up payment of sugarcane farmers on the ground that they are unable to sustain the loss of Rs 750 in production of every quintal of sugar. As a result, about Rs 600 crore belonging to farmers of the state has been held up by factories this season so far.

Tags: mount farmers cane arrears

 

Top five Sensex cos add Rs 48,823 crore to m-cap

2015-03-08 16:30:12| Chemicals - Topix.net

While the likes of TCS, RIL, HDFC Bank and HDFC also saw rise in their market capitalisation , others such as ITC, ONGC, Infosys, CIL and SBI suffered sharp to moderate losses. The m-cap of Sun Pharma surged Rs 26,162.98 crore to Rs 2,14,845.98 crore, the biggest gain among the top-10 Sensex firms.

Tags: to top add cos

 

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