Wipro announced that it has won a multi-year contract for software engineering services from ThoughtSpot. Headquartered in Sunnyvale, California, ThoughtSpot is a search and Artificial Intelligence-driven analytics platform that helps explore, analyze and share real-time business analytics data easily.
ONGC Videsh is a wholly owned subsidiary of Oil and Natural Gas Corporation (ONGC). ONGC Videsh through its wholly owned subsidiary has signed definitive binding agreements with FAR Senegal RSSD SA (Seller), a wholly owned subsidiary of FAR for acquiring 13.6667% participating interest in Exploitation Area (Sangomar Field) and 15% participating interest in Remaining Contract Area (Exploration Area) of Rufisque, Sangomar Offshore and Sangomar Deep Offshore (RSSD) Block, Offshore Senegal. Woodside Energy (Senegal) BV (Woodside), Capricorn Senegal (Cairns) and Le Socides Proles du Sal (Petrosen - the national oil company of Senegal) are other partners in the RSSD Block.
Aarti Industries reported 4.96% fall in consolidated net profit to Rs 140.24 crore on 18.01% increase in total income to Rs 1,172.68 crore in Q2 September 2020 over Q2 September 2019.
Tata Power Company reported 3.49% rise in consolidated net profit to Rs 279.61 crore on 8.19% increase in total income to Rs 8,760.27 crore in Q2 September 2020 over Q2 September 2019.
TTK Prestige said that the company has successfully concluded a long-term settlement covering all its workmen at the Coimbatore unit. This settlement provides for better productivity.
Bata India reported a consolidated net loss of Rs 44.32 crore in Q2 September 2020 as compared to a net profit of Rs 71.30 crore in Q2 September 2019. Total income dropped 48.31% to Rs 382.32 crore in Q2 September 2020 over Q2 September 2019.
Raymond reported a consolidated net loss of Rs 133.03 crore in Q2 September 2020 as compared to a net profit of Rs 83.96 crore in Q2 September 2019. Total income dropped 61.79% to Rs 732.34 crore in Q2 September 2020 over Q2 September 2019.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
RECOMMENDED FOR YOU