Rolta collaborates with CBSE to educate students on geospatial technologies

Mumbai-based software company Rolta India Ltd said it signed a memorandum of understanding (MoU) with Central Board of Secondary Education (CBSE) for providing geospatial technology vocation course, for XI & XII standard students as the resource partner, No financials were disclosed.

According to the MoU, Rolta will provide technical assistance, develop and create the curriculum, and impart advanced training to CBSE teachers across the country.

On Wednesday, Rolta shares declined 0.3% to Rs178 on the Bombay Stock Exchange, while the Sensex closed 0.6% higher at 17,977 points.

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Zee Entertainment Q1 net rises 64.3% to Rs150 crore

Zee Entertainment Enterprises Ltd said its first quarter net profit increased 64.3% to Rs150.1 crore on higher revenues.

During the quarter to end-June, its total revenues rose 42.25 to Rs677 crore, the company said in a regulatory filing.

On Wednesday, Zee Entertainment shares fell 1% to Rs306 on the Bombay Stock Exchange, while the Sensex closed 0.6% higher at 17,977 points.

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Balrampur Chini to merge Indo Gulf Industries' sugar division with itself

Balrampur Chini Mills Ltd said the Board for Industrial and Financial Reconstruction (BIFR) has sanctioned the merger of Indo Gulf Industries Ltd’s sugar division with the company.

Indo Gulf Industries will demerge its sugar division located in Uttar Pradesh before merging it with Balrampur Chini. Post restructuring, Indo Gulf Industries will get one equity share of Re1 of Balrampur Chini for every 100 equity shares.

On Wednesday, Balrampur Chini shares declined 2.1% to Rs79 on the Bombay Stock Exchange, while the Sensex closed 0.6% higher at 17,977 points.

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