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Abnormally high dividend pay-outs may harm not only the company but also the market and the economy

Sanskritech has develop a point of care testing platform Swayam that can do 70 tests on the spot

Deal will allow Spark Minda to capitalise on the shift to electric mobility and bolster its position as a one-stop shop for comprehensive charging solutions for EVs

A Chemical Engineer from IIT, Kanpur, Shukla joined EIL in 1988 as a Mgt Trainee. In her 32 years at the firm she has led the completion of many energy projects in India and abroad

Century Textiles & Industries, which runs three business verticals -- paper & pulp, realty and paper tissues, and nets over 70 per cent of the income from the first -- is diverting its focus onto the real estate business and has lined up Rs 1,000 crore for capex this fiscal for its ongoing and upcoming projects, including the super premium Worli project. At this level, the capex is nine times the other two businesses are getting, a top official of the AV Birla Group firm has said. Birla Estates was launched as the real estate business vertical of Century Textiles in 2016, and has large land bank cushioning the price impact thus making it more attractive considering the massive cost of land in the cities it is focusing on -- Mumbai and its suburbs, Delhi-NCR, Bengaluru and Pune. "We've set aside Rs 1,000 crore in capex for Birla Estate this fiscal and going forward, our main focus will be on real estate and we want to be among the top 5 players over the next three to five ...

The revenues, however, dropped by 1.2 percent on a year on year (YoY) basis to Rs 3,835 crore, but sequentially the revenues rose 8.7 percent

The company also announced a comprehensive repositioning strategy recently

It's no fun to work where you can't grow or effect change, reports Tech in Asia