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Hindustan Zinc to assess corporate restructuring

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The restructuring is intended to divide the recycling, lead, zinc, and silver companies into independent legal corporations.

• 29 September, 2023
• 3:07 PM
• less than a minute

Exicom Tele-Systems Files DRHP for IPO to Raise Funds

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The company intends to secure Rs 80 crore through a pre-IPO placement round.

• 29 September, 2023
• 2:43 PM
• less than a minute

HDFC AMC Gains RBI Approval for Up to 9.5% Stake in Karur Vysya Bank and DCB Bank

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Karur Vysya Bank confirmed the RBI's approval, specifying that HDFC AMC must ensure its aggregate holding in the bank does not exceed 9.5% of the paid-up share capital.

• 29 September, 2023
• 2:36 PM
• less than a minute

Sony-Zee Merger Timeline Extended Amidst Regulatory Challenges

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The National Company Law Tribunal (NCLT) granted approval for the merger in August, dismissing objections from various creditors against Zee

• 29 September, 2023
• 2:33 PM
• less than a minute

Juniper Hotels Files DRHP for IPO to Fund Expansion

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The IPO, featuring shares with a face value of Rs 10, exclusively comprises a fresh issue of equity shares, targeting proceeds of up to Rs 1,800 crore.

• 29 September, 2023
• 2:32 PM
• less than a minute

NLC India Plans 2.4 GW Coal-Based Power Plants in Odisha, Secures 400 MW Power Purchase Agreeme...

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The company signed a power-purchase agreement with GRIDCO, an Odisha state power undertaking, for the purchase of 400 MW generated through thermal power plants in Jharsuguda and Sambalpur.

• 29 September, 2023
• 2:25 PM
• less than a minute

Ashok Leyland Triumphs with Order for 1,282 Buses from GSRTC, Boosting Indian Market Presence

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The order includes 55-seater BS VI diesel buses equipped with iGen6 technology, showcasing a powerful 147 kW (197 hp) H-series engine and a focus on passenger comfort

• 29 September, 2023
• 2:23 PM
• less than a minute

CJ Darcl Logistics Files IPO Papers to Raise Capital

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The company plans to utilize the proceeds from the fresh issue, amounting to Rs 240 crore, for debt repayment, with an additional Rs 10 crore allocated for the purchase of electric vehicles.

• 29 September, 2023
• 2:19 PM
• less than a minute

JioCinema Taps Former Google Executive Kiran Mani as CEO for Expanding Mobile Reach

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Kiran Mani previously oversaw Google’s Android operations in the Asia Pacific region and will lead technology development and partnerships with Hollywood studios for JioCinema

• 29 September, 2023
• 2:14 PM
• less than a minute

Order worth Rs 1,535 crore is received from Sterling and Wilson Renewable Energy

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Sterling and Wilson Renewable Energy Limited (SWRE) has been notified of the award for the 300 MWac EPC project of NTPC Renewable Energy Limited (NTPC REL) at Khavda RE Power Park, Rann of Kutch in Gujarat.

• 29 September, 2023
• 2:06 PM
• less than a minute