Minerals and mining giant Vedanta today unveiled its new logo as the firm tries to present a uniform brand identity.
Last month, Sesa Sterlite also announced the changing of name to Vedanta Ltd in a bid better align with its global identity -- Vedanta Resources.
"The new logo will strategically position Vedanta's consistent commitment towards the growth of its low cost operations, leverage technology to deliver innovation and superior value to its shareholders," it said in a statement.
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Poly Medicure Q4 net up 6.32 pc at Rs 12 cr * Medical devices firm Poly Medicure has reported 6.32 per cent rise in standalone net profit to Rs 12.10 crore for the quarter ended March 31, 2015 and is looking at raising funds up to Rs 200 crore.
It had posted a net profit of Rs 11.38 crore for the same period year ago, Poly Medicure said in a filing to BSE.
Standalone total income from operations rose to Rs 97.90 crore for the quarter under consideration as against Rs 81.83 crore for the same period year ago.
In another filing to BSE the company said, "It's Board of Directors have approved raising of funds up to Rs 200 crore, subject to approval from shareholders."
In a separate filing, it said the board has recommended a dividend of 50 per cent (Rs 2.50 per equity share).
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RoomsTonite eyes to double its hotel network by June * Hotel booking app RoomsTonite today said it is planning to double hotel network on its platform by the end of June quarter as the company is witnessing a growing demand on last minute bookings.
"During the past six months, we have almost doubled the number of hotels on our platform and at present we offer over 1,000 hotel brands located across the country. We are signing up new hotels and we expect to touch 2,000 by the end of June," RoomsTonite Chief Executive Suresh John said in a release.
The company in the past six months has expanded its footprint in more than 190 locations across the country.
RoomsTonite, promoted by Bengaluru-based RoomsTonite eBookings, is a mobile app for last-minute hotel room booking.
