Shares of BLS International Services Ltd. rose nearly 5% to Rs 266 apiece after the company won the contract with Embassy of Italy in Russia for processing visa for a period of five years. Under the contract, the company is estimated to process 1.4 lakh applications annually in 20 centres across Russia, BLS International said in an exchange filing.
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Godrej Properties Advances On The Addition Of Large Redevelopment Project In Mumbai; RSI > 70
Godrej Properties Report: Shares of Godrej Properties Ltd. rose 2.5% to Rs 2,290 apiece after the company announced that it entered into an agreement to redevelop a land parcel in Wadala, Mumbai. The project, spread across 7.5 acres, will offer 0.15 million square metre of saleable area primarily comprising of residential apartments.
Zee-Sony Deal: The Non-Compete Fee Twist
Zee-Sony Deal: An interesting element of the proposed merger between Zee Entertainment Enterprises Ltd. and Sony Pictures Networks India Pvt. is a non-compete fee being paid to Zee founder and promoter, Subhash Chandra.
Stocks For Today: ONGC, Infosys, TCS, Jindal Steel, SBI Life, UCO Bank, BASF India
Business News Today Stocks For Today: India’s stock benchmarks closed little changed on Wednesday after fluctuating between gains and losses in a volatile session, as gains in banking, consumer durables and power stocks were offset by losses in I.T., telecom and auto stocks.
Stocks For Today: ICICI Lombard, Jindal Steel, Engineers India, Dr. Reddy’s, Reliance Industries
India’s stock benchmarks closed at record on Friday aided by gains in energy, oil & gas and metal stocks.