Hindustan Media Ventures appoints Ajay Jain as CFO

Hindustan Media Ventures Ltd said it appointed Ajay Jain as its chief financial officer (CFO), replacing Anup Sharma. Mr Jain will take charge from 1st September, it said in a release.

On Tuesday, Hindustan Media Ventures shares gained 2% to Rs184 on Bombay Stock Exchange, while the benchmark Sensex closed 0.3% lower at 17,971 points.

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Nihar Info Global wins order from NEDCAP

Nihar Info Global Ltd said it received a work order from Non- Conventional Energy Development Corporation of Andhra Pradesh Ltd (NEDCAP) for implementation of IBM File Net Solution. No financial details were provided.

On Tuesday, Nihar Info Global shares ended flat at Rs2 on Bombay Stock Exchange, while the benchmark Sensex closed 0.3% lower at 17,971 points.

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Investment & Precision Castings sets up new company

Investment & Precision Castings Ltd said it formed a new subsidiary titled as I&PCL Vacuum Cast Ltd, to manufacture vacuum investment castings.

On Tuesday, Investment & Precision Castings shares ended 1% down to Rs154 on Bombay Stock Exchange, while the benchmark Sensex closed 0.3% lower at 17,971 points.

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