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Indian Overseas Bank announced that India Ratings and Research has assigned its rating as IND AA- Stable for the proposed issue of Rs 800 crore Tier II Bonds under Basel III and reaffirmed the rating as IND AA- Stable for Basel III Tier II Bonds of Rs 500 crore

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Punjab Sind Bank has received reaffirmation in credit ratings from ICRA as under Basel II Lower Tier II Bonds Rs 300 crore- ICRA AA-; Negative reaffirmed and withdrawn Basel III Additional Tier I Bonds Rs 1000 crore – ICRA A-; Negative reaffirmed Certificate of Deposits Rs 10000 crore – ICRA A1 reaffirmed

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Adani Green Energy AGEL announced that its wholly owned subsidiary Adani Renewable Energy Holding Fifteen participated in a tender issued by Punjab State Power Corporation for procurement of 250 MW Solar Power from ground mounted grid connected solar PV power plants and has received the Letter of Award LOA to set-up 150 MW Solar Power Project The fixed tariff for this project capacity is Rs […]

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Maruti Suzuki India achieved total sales of 164056 units in February 2022 compared to 164469 units in February 2021 Total sales in the month include domestic sales of 137607 units sales to other OEM of 2428 units and its highest ever monthly exports of 24021 units The shortage of electronic components had a minor impact on the production of vehicles which are primarily sold in […]

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Bharat Forge has completed the purchase of 23594274 equity shares of Kalyani Strategic Systems KSSL a subsidiary of the company from its existing shareholders resulting in an increase in the companys stake in KSSL from 51Percentage to 100Percentage Consequently KSSL has become a wholly owned subsidiary of the Company with effect from 28 February 2022

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Siemens announced that Sunsole Renewables Mumbai India has today allotted 26Percentage of its paid-up equity share capital to the Company ie Siemens for a consideration of Rs 27 Million

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Axis Bank has allotted 134172 equity shares of Rs 2 each of the Bank on 28 February 2022 pursuant to exercise of stock options under its ESOP Scheme The paid up share capital of the Bank will accordingly increase from Rs 6137705392 3068852696 equity shares of Rs 2 each to Rs 6137973736 3068986868 equity shares of Rs 2 each

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Sterlite Technologies announced the launch of Firebird a path-breaking line of ORAN-based macro radios for dense wide area 5G coverage The announcement was made at Mobile World Congress 2022 Barcelona where the company showcased its All-In 5G solutions STL Firebird is a portfolio of multi-band 4G5G macro O-RAN compliant radio units O-RUs initially available in Band 1 40 41 and 78 among others These software-defined […]

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TGV Sraac will hold a meeting of the Board of Directors of the Company on 2 March 2022

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Gokaldas Exports will hold a meeting of the Board of Directors of the Company on 1 March 2022

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