Thursday, May 23 2019 | Time 08:11 Hrs(IST)
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  • Counting begins eight LS seats in Marathwada region
  • Counting of votes starts at 77 centres in UP for 80 Lok Sabha seats
  • Counting of votes begins for 14 Assam LS seats
  • Counting begins amid tight security in TN, AIADMK's fate to be known
  • Two girls killed, one injured after hit by mudslide in Baramulla
  • As all eyes on counting of votes, BJP talking about 100-day agenda of 'new Govt'
  • Pakistan records 52 pc in FDI
  • US state dept says Turkey to face ‘very negative’ consequences if S-400 sale takes place
  • UK labour chairman calls for snap election after senior Tory quits
  • Nath confident of Cong win
Business Economy


NettLinx posts net profit of Rs 1.44 cr in Q3

Hyderabad, Feb 14 (UNI) Hyderabad-based Internet services provider, NettLinx Limited, today reported a net profit of Rs 1.44-crore for the third quarter ended December 31,2016, up from Rs 0.83-crore in the second quarter of the current fiscal.

Driven by consolidation of its subsidiaries and restructuring of the group, NettLinx Limited is on the path to emerge into a strong player in its segment, the company claimed in a statement here.

NettLinx recently forayed into the highly lucrative European market by acquiring 95 per cent stake in Berlin-based business management company, Salion SE (Germany).

Commenting on the financial results, the company Managing Director Rohith Loka Reddy said we have posted strong results in the Q3 for the current financial year. By merging our subsidiaries like NettLinx Aqua into the parent, and by investing in sunrise business segments, NettLinx is putting the right foot forward for future.

Consolidated total income for the quarter ended December 31, 2016 stood at Rs 448.53-lakh as compared to Rs 586.86-lakh in the corresponding period last year.

Earnings per share (EPS) for Q3 are Rs 1.44 as compared to Rs 0.83 in the corresponding quarter for last fiscal.
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SAT asks NSE to give Rs 625 cr to SEBI within 2 weeks

SAT asks NSE to give Rs 625 cr to SEBI within 2 weeks

22 May 2019 | 7:21 PM

Mumbai, May 22 (UNI) The Securities Appellate Tribunal (SAT) on Wednesday asked the National Stock Exchange (NSE) to transfer Securities and Exchange Board of India (SEBI) Rs 625 crore within two weeks in connection with the NSE co-location case.

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Canara Bank launches Facebook and Instagram

22 May 2019 | 7:16 PM

Bengaluru, May 22 (UNI) Public lender Canara Bank, in order to serve and reach out to a larger clientele base, especially the youth, has marked its official presence on two of the most influential social media platforms in India--Facebook & Instagram today.

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Heritage Foods registers revenue growth of 13 07 pc in Q4FY18-19

22 May 2019 | 7:02 PM

Hyderabad, May 22 (UNI) Heritage Foods Limited, one of the leading private dairy players in India, has declared its financial results for the fourth quarter ended March 31, 2019.

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Fifth Smart Cities India Expo inaugurated

22 May 2019 | 6:40 PM

New Delhi, May 22 (UNI) The fifth Smart Cities India 2019 expo, including Transport India, Solar India, Buildings India and Water India expos, was inaugurated by Housing and Urban Affairs Secretary Durga Shanker Mishra on Wednesday.

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Bharti AXA Life Insurance wins FICCI Claims Excellence Award

22 May 2019 | 6:38 PM

Mumbai, May 22 (UNI) Bharti AXA Life Insurance, a joint venture between Bharti Enterprises and AXA, one of the world’s largest insurance companies, has been conferred with the ‘Claims Excellence Award’ by the Federation of Indian Chambers of Commerce and Industry (FICCI).

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