Bajaj Pulsar 220 Sales in Nov-2018 recorded good growth when compared with Nov-2017.
Nov-2018 Sales of Bajaj Pulsar 220 : 6933
Nov-2017 Sales of Bajaj Pulsar 220 : 5207
Goldman Sachs Downgraded Hero MotoCorp from Neutral to Sell . Hero MotoCorp Stock has fallen by 4.2% on Dec-24-2018 when stock is downgraded to Sell from Neutral.
Power Finance Corporation is 240 Billion Rupees Market Value company. Rural Electrification Limited is 200 Billion Rupees Company. Both Power Finance Corporation and Rural Electrification Limited shares raised by 1% post the news. Cabinet Committee on Economic Affairs had given approval for Power Finance Corporation to acquire 52.63% of Rural Electrification Limited. Post the acquisition REC Ltd Management control will be taken by Power Finance Corporation.
Power Finance Coporation provides loans to Power Sector Companies and Rural Electrification Limited is established to provide electricity to all rural areas.
This step will help Central Government to achieve Disinvestment Target.
This step will help Central Government to achieve Fiscal Deficit target of 3.3% of GDP.
HCL Technologies Plunges by 6% after 1.8 Billion Dollar Acquisition of couple of Products from IBM.
The software products in scope represent a total addressable market of more than $50 billion and include:
HCL and IBM have an ongoing IP Partnership for five of these products.
HCL Technologies posted 25.34 Billion Rupees as Net Profit in Q2 of 2018-19. Revenues in Q2 is 148.60 billion rupees. Quarter on Quarter jump in Net Profit is 14.8 Percent and Revenues jump by 19.5 Percentage.
Government of India had proposed to merge Bank of Baroda, Vijaya Bank and Dena Bank. As part of it Dena Bank board meeting was held on Sep-24-2018. Dena Bank board has given its approval to merge with Bank of Baroda.
Infosys Acquired Fluido which is SalesForce Advisor and Consulting firm for 65 Million Euros (Approximately 75 Million USD). Fluido is the leading Salesforce consulting partner in the Nordics. In 8 years Fluido has grown to become the leading Salesforce partner in the Nordics employing over 200 experts and serving over 300 customers.
SalesForce is one of World's largest CRM available on Cloud. Fluido company has expertise in Salesforce Related Services, Solutions, Training. Acquisition Helps Infosys to gain global expansion in Nordics and also additional technical expertise in SalesForce related Services.
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