Infotech Enterprises inaugurates new facility at Hyderabad

Infotech Enterprises, promoted by BVR Mohan Reddy, has notified that it has inaugurated a state of the art learning centre at the Manikonda facility, Hyderabad.

The newly launched centre has three full fledged training halls, e-learning centre, Technical training class room and Library. The training courses offered at this facility range from Soft Skills, Programs for Senior Executives to Technical Training programs.

Hyderabad-based Infotech Enterprises, a technology services and solutions company, provides geospatial, engineering design, and information technology (IT) solutions.

The stock of the company closed today at Rs 260 on BSE, up 3% compared to its previous close. The counter has made 52-week-high of Rs 298 and low of Rs 68 respectively.


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Reliance Industries Purchase an Additional 0.68% Interest in EIH Ltd.

Reliance Industries Purchase an Additional 0.68% Interest in EIH Ltd.

Owner of Energy giant Reliance Industries, Mukesh Ambani has put in an extra 0.68% in EIH Ltd. With this, his total stake in the hotel chain has increased to 14.8%. In a filing to the Bombay Stock Exchange, EIH said that the shares were purchased from the market on Tuesday.

Shares of Reliance surged 0.3% at Rs. 939.3 in proportion to the Mumbai market at 1.26pm, while EIH shares witnessed a 4.5% rise at Rs. 150.2.

On Monday, Reliance was quoted saying that it is widening its horizon and has procured 14.12% stake in EIH for a sum of $217.5 million.

Bajaj Auto Records 55% Surge in Sales of Vehicles in August

Bajaj Auto Records 55% Surge in Sales of Vehicles in August

On Thursday, Bajaj Auto posted a 55% increase in its sales of vehicles. In the month of August, the Company recorded sales of 3,29,364 vehicles, compared to 2,13,072 units in the same month the year before.

Last month, 2,89,176 two wheelers were sold by Bajaj Auto, a big surge than 1,82,441 units, which were sold in August 2009. The Company’s cumulative sales of two wheelers for the time frame between April and August 2010 increased by 68% and were recorded at 1,397,348 units. The number was high from 833,235 units that were retailed during the same period last year.