Edelweiss Capital units completes acquisition of Anagram Capital

Edelweiss Capital Ltd said its subsidiaries — Edelweiss Securities Ltd and Edelweiss Investments & Finance Ltd — completed the acquisition of Anagram Capital Ltd. Consequently, Anagram Capital has become a subsidiary of the company, it said in a regulatory filing.

On Tuesday, Edelweiss Capital shares increased 1.4% up at Rs517 on the Bombay Stock Exchange, while the Sensex ended at 0.3% down at 17,878 points.

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Patni appoints Apoorva Singh as senior vice president

IT and BPO services provider, Patni Computer Systems Ltd said it appointed Apoorva Singh as its senior vice president and global head for infrastructure management services (IMS).

Mr Singh will be spearheading the IMS vertical along with Patni’s customer interaction services (CIS) division relating to technology-based support business, it said in a regulatory filing.

On Tuesday, Patni shares declined 1.4% down to Rs518 on the Bombay Stock Exchange, while the Sensex ended at 0.3% down at 17,878 points.

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KCP Sugar FY net profit jumps over two-fold

Chennai-based KCP Sugar and Industries Corp Ltd reported over two-fold jump in its full year net profit to Rs24.3 crore against the net profit of Rs11.7 crore a year ago. During the year to end-March, its total revenues increased to Rs332.1 crore from Rs279.6 crore a year ago, the company said in a statement.

On Tuesday, KCP Sugar shares ended 0.3% up at Rs20 on the Bombay Stock Exchange, while the Sensex ended at 0.3% down at 17,878 points.

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