formed a 6-member committee to find a successor MD, Aditya Puri.
cancelled royalty pact worth Rs411.2cr with Avantha Holdings.
said that it has defaulted in obligations worth Rs296.6cr on the borrowings which was provided by Oriental Bank of Commerce. The date of default was on Aug. 17.
The Securities and Exchange Board of India exempted the government from making open offer to the shareholders of Canara Bank following the proposed equity infusion that would hike its stake in the lender by 7.9%.
Indiabulls Housing Finance stated that Government Affidavit filed provided a true & clear picture about allegations.
Ashoka Buildcon received a letter of award from UPEIDA for development of EPC Project in Uttar Pradesh, whose accepted bid value stands at Rs1,079.52cr.
Aurobindo Pharma's USA unit entered in pact with Profectus BioSciences to buy certain business assets for $11.29 million.
BPCL said that labour and clerical workmen of marketing and refineries are observing one day's strike from morning of Nov. 28 till the morning of Nov. 29. Unions had called for this strike as a mark of protest against privatisation of the company.
The Competition Commission of India approved Total Group’s arm purchase of 37.4% stake in Adani Gas.
ICICI Securities: SEBI passed settlement order in case of alleged violation of stockbroker norms.
IL&FS Engineering Services: Arbitration Tribunal gives an award for Rs492cr for a claim filed against NHAI by Bangalore Elevated Tollway Private Ltd.
IL&FS Transportation Network's Board approved incorporation of a new arm that will act as sponsor of a proposed Infra Investment Trust to be setup and registered as per SEBI regulations. Board has also given in-principle approval to transfer the company’s shareholding in nine SPVs to the Trust.
SSJVN's Amarjit Bindra resigned from the post of Director (Finance) with effect from Nov. 27. The company’s Chairman and Managing Director Nand Lal Sharma will be entrusted to additional charge of Director (Finance) post.
Lemon Tree Hotels launched 101-room hotel in Vijayawada.
Hinduja Global Solutions entered into a definitive agreement to sell its India domestic Customer Relationship Management business to Altruist India for Rs40cr.
ONGC issued $300 million notes under MTN Program.
AGC Networks stated that promoters hold 64.28% stake in the company, out of which 33.65% stake is encumbered.
Reliance Communications' Creditors Meeting to be held on Nov. 29.
CARE Ratings has withdrawn its ratings from Fortis Healthcare’s long term and short-term bank facilities.
Khadim India redeemed commercial paper of an aggregate amount of Rs30cr.