User: meerak Topic: all-bengaluru
Category: Bengaluru business
Last updated: Jul 28 2017 03:46 IST RSS 2.0
 
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Biocon Q1 profit drops 51% to Rs 81 crore 28.7.2017 Results
Revenue dropped 4 per cent to Rs 988 crore in the April to June quarter, Biocon said
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Odisha showcases investment potential at investors’ meet 28.7.2017 Hindu: Visakhapatnam
Promises single window clearance for proposals
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Vinoth Priya is Real Estate Regulatory Authority secretary 27.7.2017 Deccan Herald - State
The state government on Thursday appointed IAS officer Vinoth Priya as secretary to the Real Estate Regulatory Authority, Bengaluru, with immediate effect. The government recently notified the final Real Estate Regulatory Authority rules, giving effect to the RERA Act in the state. Vinoth Priya is also placed in concurrent charge of the post of special deputy commissioner - 1, Bengaluru Urban district. Besides, IAS officer V Ponnuraj is posted as the managing director of Bengaluru Metropolitan Transport Corporation, while senior IAS officer Sandeep Dave has been posted as additional chief secretary to Infrastructure Development Department. Officers transferred In all, the government has transferred 10 IAS officers. Names of the officers and their new postings are as follows: Anjum Parwez, secretary to Urban Development Department (Municipal Administration), he is also placed in concurrent charge of the post of managing director, Krishna Bhagya Jala Nigama; Naveen Raj Singh, managing director, Mysuru ...
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NTT Communications Expands Presence in India to Meet Growing Digital Demand 27.7.2017 New Kerala: Business India
Mumbai, July 27: NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT Group (TOKYO:9432), today announced the launch of international data network services in India through its affiliate NTT Communications India Network Services (NTTCINS).
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Accenture Opens Ground-breaking Innovation Hub in Bengaluru 27.7.2017 New Kerala: Business India
BENGALURU, July 27, 2017 : Dynamic new location combines the best of Accenture's technology capabilities and industry expertise to drive client-centric innovation at scale
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Canara Bank forays into paperless banking;launches first digital branch in Bengaluru 27.7.2017 HBL: Home
Canara Bank, which has set an ambitious target of moving to ‘paperless’ futuristic banking, launched its first ‘Digital Banking Branch’ at Spencer Towers in MG Road, Bengaluru.Titled ‘CANDI’, the bran...
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Why FreeCharge said yes to Axis despite better bids 27.7.2017 HBL: Home
Amazon offered $80 m, but it came in too late
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Fast Track plans to raise $60 million to expand 27.7.2017 BusinessLine - Economy
City-based Fast Track Call Cabs, India’s third largest cab service provider in terms of vehicles, plans to raise $50 million-$60 million to expand its presence across India, said its Chairman M Prabhu...
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Biocon net tanks 51% in Q1 at Rs 81 crore 27.7.2017 Deccan Herald - Business
Bengaluru-based bio-pharma major Biocon on Thursday reported a steep 51% year-on-year decline in net profit at Rs 81 crore for the first quarter ended June 30, 2017 compared with Rs 167 crore in the corresponding quarter last year. The decline in profits is mainly attributed to higher staff costs and inclusion of operational and fixed costs related to Malaysia facility. The net profit margin also declined to 8% against 15% in the year ago quarter. The company's revenues witnessed a marginal decline of 4% at Rs 988 crore compared with Rs 1,033 crore in the first quarter last year due to the combined impact of a stronger rupee, GST and the one-time positive impact in Q1FY17 on account of the transition to IndAS. Its EBITDA declined 19% to Rs 246 crore during the quarter compared with Rs 304 crore in June quarter last year. The Core EBITDA margin was lower by 4 percentage at 29% from 33% a year ago. Interest and depreciation costs increased 60% to Rs 115 crore for the quarter, largely attributable to the ...
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TripFactory aims at 1,000 franchise stores in 5 years 27.7.2017 HBL: Info-tech
Online travel services firm launches first store in Bengaluru
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Pepper contract receives good response: NCDEX 27.7.2017 BusinessLine - Agri Business
NCDEX said the re-launched pepper contract has evoked a good response over the last couple of days, with a healthy build-up in open interest. The pepper contract, launched on Monday after almost five...
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Candid address 27.7.2017 HBL: Opinion
In his last televised address, President Pranab Mukherjee said that the soul of India resides in pluralism and tolerance. He said it carries with it a history of ideas, philosophy, intellect, industr...
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CSS Corp Wins NASSCOM's Digital Skills Award for 2017 27.7.2017 New Kerala: Business India
Bangalore, July 27: CSS Corp, a global leader in providing IT Services and Technology Support solutions, has won NASSCOM's prestigious Digital Skills Award for 2017.
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Virdi reclaims top spot on day 3 of Rainforest Challenge 27.7.2017 All News-IANS Stories
Braving an injury scare which could been worse, Gurmeet Virdi (co-driver Kirpal Singh Tung) of Gerrari Offroaders Chandigarh reclaimed the top spot with 1072 points out of 1500 on Day three of the Rainforest Challenge (RFC) India-leg off-road motorsport event here on Thursday.
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Four new teams add zing to bigger Pro Kabaddi League (Preview) 27.7.2017 All News-IANS Stories
A fresher and bigger edition of the widely popular Pro Kabaddi League (PKL) will begin here on Friday, with a total of 12 teams fighting it out for the top honours over the next 13 weeks.
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Centre submits correspondence on denotifying national highways 27.7.2017 Hindu: Bangalore
Copies of letters were submitted to the HC, which is hearing petitions filed by owners of establishments serving liquor
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Amid high profile exits, Infosys Co-Chairman hopeful of CEO Vishal Sikka to deliver results 27.7.2017 DNA: Recent Columns
Infosys Co-Chairman Ravi Venkatesan is hopeful that CEO Vishal Sikka would deliver results for the company and not think of leaving it because of losing high-profile talents. Venkatesan stated this when asked if he sees Sikka turning things around for Infosys or turning his back on the company for failing to retain high-profile executives. "Well I very much hope that it is the former (that Sikka will turn things around), not the latter (that he will turn his back on Infosys due to losing high-profile talents)," Venkatesan told PTI here. Market watchers are speculating over the stint of Sikka at Infosys in the backdrop of as many as 11 executives quitting the company after took charge, the latest being Yusuf Bashir, who was leading the USD 500-million startup fund of software services for over two years. Talking about exits, Venkatesan said it was not a matter of great surprise because the executives were highly desired in IT industry. But the company needed to make sure that it did not lose talent, and ...
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Delhi Machine Tool Expo from August 10–13 27.7.2017 BusinessLine - News
The Indian Machine Tool Manufacturers’ Association (IMTMA) is to hold the second edition of its northern regional show — the Delhi Machine Tool Expo from August 10-13 at Pragati Maidan in New Delhi.
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AP lauded for promoting new IT technologies 27.7.2017 BusinessLine - News
The Andhra Pradesh Government needs to be complimented for promoting new and emerging technologies in the IT sector, such as blockchain technology and fintech, which will create more employment oppor...
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Residential sales up 3% in Q1 FY18: PropTiger report 27.7.2017 BusinessLine - News
Residential sales are showing signs of momentum with an increase of three per cent in Q1 over the previous quarter. The total units sold in Q1 FY18 were 53,352 across nine cities, a PropTiger report ...
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