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The rating agency has assigned a ‘CRISIL BBB’ rating to the company’s long-term bank facilities.

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Aurionpro Solutions on Tuesday announced that its subsidiary will set up a wholly owned subsidiary in Istanbul, Turkey which will focus on the smart mobility segment.

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The company’s presence in the region will enable it to get hold of the talent pool based in the region and will strengthen rapid expansion in the newer markets.

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Auto shares dip

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Auto stocks were trading in the negative zone, with the S&P BSE Auto index falling 387.62 points or 1.79% at 21281.76 at 13:51 IST.

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Business Wire IndiaTaking off the ground during the early days of the Pandemic, the Delhi based start-up HERBgen was quick to identify the lack of balanced nutrition among the Indian populace at large and the importance of stronger immunity among individuals. Food alone is unable to fully meet the nutritional needs of the human body. Compounding the problem has been the dependence on the existing […]

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Metal stocks were trading in the negative zone, with the S&P BSE Metal index falling 410.09 points or 1.88% at 21445.88 at 13:51 IST.

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The Russia-Ukraine war which has severely impacted the stock markets has prompted the government to do a rethink with regard to the timing of the LIC IPO, originally to hit the market by March 31.

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Oil and Gas stocks were trading in red, with the S&P BSE Oil&Gas index decreasing 334.78 points or 1.87% at 17526.74 at 13:51 IST.

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From India Ratings and Research

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Germany industrial production advanced 2.7 percent month-on-month in January, faster than the revised 1.1 percent increase seen in December, data from Destatis revealed on Tuesday. On a yearly basis, industrial output grew 1.8 percent, in contrast to the 2.7 percent decline posted in the previous month. Compared with February 2020, the month before restrictions were imposed due to the corona pandemic in Germany, production was […]

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