Star Health, 5paisa Capital, HFCL, Techno Electric in focus

Image
Capital Market
Last Updated : Jul 12 2022 | 9:04 AM IST

Star Health and Allied Insurance Company: Star Health and Allied Insurance Company and Common Services Centers (CSC), under Ministry of Electronics & Information Technology, have partnered to provide over 5 lakh CSCs access to a select range of Star Health insurance products, specially designed to meet the needs of rural customers, across tier-II, tier-III cities and rural markets pan India.

5paisa Capital: 5paisa Capital's consolidated net profit rose 3% to Rs 74 crore on 38% rise in total income from operations to Rs 841 crore in Q1 FY23 over Q1 FY22.

HFCL: The company has received the Purchase Orders aggregating to Rs. 59.22 crores, from one of the leading Private Telecom Operators of the Country for providing Services to rollout their Fiber to the Home (FTTH) Network and Long Distance Fiber Network in various Telecom Circles.

Techno Electric & Engineering Company: The company's board of directors has approved a proposal to buy back shares up to Rs 130 crore at a price up to Rs 325 per share through the open market route through the stock exchanges.

Ahluwalia Contracts (India): Ahluwalia Contracts (India) has secured the new order for construction work of Amity Campus Bengaluru, aggregating to Rs. 150 crore (Approx.) from Ritnand Balved Education Foundation.

SecureKloud Technologies: Healthcare Triangle Inc., USA, a step-down subsidiary of SecureKloud Technologies has announced that it has entered into a definitive agreement with a single institutional investor for the issuance and sale of shares of its common stock in a private placement.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Subscribe to Business Standard digital and get complimentary access to The New York Times

Quarterly Starter

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 12 2022 | 8:42 AM IST

Next Story