Bombay Dying Net Jumps Manifold to Rs 246.3 Cr

Mumbai, Nov 12 (PTI): Bombay Dying Tuesday posted Rs 246.28 crore net profit for the September quarter, up from Rs 52.79 crore in the year-ago period.

Total income stood rose to Rs 843.28 crore during the second quarter of this fiscal, up from at Rs 709.62 crore in the year ago period.

In an exchange filing, the company said the profit numbers are not comparable, without offering any explanation. ************ First ICTAI in healthcare launched

Mumbai: The Wadhwani Institute Tuesday said it launched the first artificial intelligence solutions enabled healthcare initiative for rural markets ICTAI (International Center for Transformational Artificial Intelligence).

The Model International Centre for Transformational Artificial Intelligence (Model ICTAI) was inaugurated by Maharashtra chief minister Devendra Fadnavis, said a release.

The founding members of this initiative are NITI Aayog, Maharashtra government, Wadhwani AI, Tata Trusts, Wish Foundation, Path, Stanford Center for Population Health Sciences and IIT Madras, the release added. ******* Indoco Remedies net loss at Rs 7.8 cr

Mumbai: Pharma firm Indoco Remedies Tuesday reported net loss of Rs 7.8 crore for the quarter to September against a net profit of Rs 19.76 crore in the corresponding quarter.

Total income during the quarter declined to Rs 235.96 crore from Rs 287.15 crore a year ago. ******* Reliance Foundation ties up with Centa

Mumbai: Reliance Foundation Tuesday entered into a multi-year partnership with a private entity Centre for Teacher Accreditation (Centa).

The CSR arm of the country's most profitable corporate will look at promoting teaching and also become the principal sponsor of a national competition for teachers organised by Centa, an official statement said, adding the group has multiple initiatives in the education sector including controversial upcoming Jio University. *********** Amazon launches audiobook service Audible

Mumbai: Amazon India Tuesday launched its audiobook service Audible as a dedicated service, offering a broad selection of over 2,00,000 full-length audiobooks and original programmes, including a curated selection of 400 Audible- exclusive titles by leading Indian authors.

Audible.in is a dedicated, authentic and dynamic destination for Indian consumers that puts Indian talent and spoken-word content front and center the company said. *********** UTI Mastershare declares 27% dividend

Mumbai: UTI Mastershare, the country's first equity- oriented scheme has announced a dividend of 27 per cent under dividend option-regular plan and dividend option-direct plan.

The record date for the dividend distribution is November 15, the company said Tuesday.

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)