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IRB Infrastructure Developers announced that a petition filed by NHAI challenging the Arbitral Award has been dismissed by the Honorable Delhi High Court and the Arbitral Award has been upheld. IRBGT is in the process of taking necessary steps for enforcement of the Arbitral Award. The Award amount is as follows: Termination payment on NHAI default – Rs 370.17 crore Amount already received against the […]

The group now has 329 approvals and has so far filed over 400 ANDAs since the commencement of the filing process in FY 2003-04.

The Company, which raised Rs14.41 crore of Equity in Dec’21 and is supported by 17 lenders, plans to add 6 branches by March 2022.

Domestic markets made massive gains due to positive cues with all sectoral indices trading in the green except metals. ; Tata Motors, Asian Paints, Axis Bank top gainers.

Incremental funding needs at ~Rs200-220 billion over FY2022-24, says ICRA. With the onset of the second wave of the pandemic and the later emergence of the Omicron variant, the recovery in passenger traffic remained gradual, in the current fiscal.

The company will issue equity shares on a rights issue basis to the eligible equity shareholders of the company on the record date.

Coal India Ltd has added 13.67% over last one month compared to 3.6% gain in S&P BSE Metal index and 3.64% drop in the SENSEX

Kalpataru Power Transmission gained 3.6% to Rs 391.10 after the EPC company received a Letter of Intent (LoI) for power transmission and distribution project in international market.

Jindal Stainless (Hisar) rose 3.77% to Rs 356.20 after the company said it received AS 9100D Certification, a quality management system for aviation, space, and defence organizations.

The domestic equities saw a strong rally in early trade tracking positive global stocks. Auto, banking and financial services stocks gained. The Nifty moved above 16,600 mark. At 9:30 IST, the barometer index, the S&P BSE Sensex, jumped 994.5 points or 1.82% at 55,641.83. The Nifty 50 index advanced 279.65 points or 1.71% at 16,625. In the broader market, the S&P BSE Mid-Cap index rose […]