Companies Business News from the Industry

Reliance Industries reports Rs 11,262 crore net profit in Q2 of FY19

Reliance Industries Limited (RIL) on Friday reported a net profit of Rs 11,262 crore for the quarter ending September 2019, an increase of 18.3 per cent on a year-to-year basis.

L&T Technology Services continues double digit revenue growth

L&T Technology Services Limited (BSE: 540115, NSE: LTTS), India’s leading pure-play engineering services company, announced its results for the second quarter ended September 30, 2019.

Hike becomes one of the top 3 patent filers in IT

Hike joined the ranks of Wipro & TCS in a list unveiled by the Office of the Controller General of Patents, Design & Trademarks, Department of Promotion of Industry & Internal Trade, Ministry of Commerce & Industry

Digital Payments grew by 106% in last 9 months: Razorpay

Razorpay, India’s first converged payments solutions company, launched the third edition of its ‘The Era of Rising Fintech’ report in Hyderabad today. This report provides an in-depth study of the rapidly evolving FinTech ecosystem in India. It analyses the patterns of digital transactions and the impact of industry innovations such as UPI which are harnessing a digitally inclusive economy.

Rakesh Misri takes over as HPCL Marketing Director

HPCL’s new Marketing Director, Rakesh Misri is a gold medalist in Civil Engineering from REC Srinagar (now NIT Srinagar), he has a rich and varied professional exposure of over 36 years.

Quess Corp to acquire 49% stake in Trimax

The development follows TSIPL becoming 100% owner of rights to an escrow account, thereby securing…

Cognizant to acquire Contino; a technology consulting firm

Cognizant today announced it has entered into an agreement to acquire Contino, a privately-held technology consulting firm.

AV Organics launches India’s first natural black alkaline mineral water

Evocus’ formulation provides superior and sustained hydration, better detoxification and improved metabolism benefits to today’s…

Global energy major Equinor extends pact with HCL Technologies

HCL Technologies said on Tuesday it has renewed its IT operations and transformation agreement with Equinor, the largest supplier of oil and gas in the Nordic energy market and the largest offshore operator in the world.

The Women disrupting India’s $32 billion home decor industry

Life’s too short to live in an uninspired space. Founded by Neha Bhandari and Avisha Gopal, the Auri Collective aims to separate itself from other online players who mostly operate under a marketplace business model, by bringing a brand-first approach to the home decor industry.

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