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The company's capex plan, which will be spread over the next two years and total Rs 10,000 crore, will be funded by the rupee bond offering. Due to instability in the global bond markets, the corporation had earlier planned to issue dollar bonds but has now canceled the plan.

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Adani Enterprises, Shree Cement: Adani Enterprises will replace Shree Cement from National Stock Exchanges benchmark index Nifty 50. The changes will become effective from 30 September 2022. Eicher Motors: Eicher Motors total motorcycles (Royal Enfield) sales soared 53% to 70,112 units in August 2022 as against 45,860 units sold in the same period last year. Aurobindo Pharma: The board of directors of 100% subsidiary company, […]

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U GRO’s aim is to reach Rs7,000 crore of AUM by end of FY23 and Rs20,000 crore by end of FY25.

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Check the price of petrol and fuel in Delhi, Mumbai, and other cities

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GMR Airports International BV (GAIBV), a stepdown subsidiary of GMR Infrastructure (and direct subsidiary of GMR Airports) has entered into definitive agreements with Aboitiz InfraCapital Inc (AIC), for AIC to acquire shares in GMR-Megawide Cebu Airport Corporation (GMCAC). GMCAC, which is a joint venture between GAIBV and Megawide Construction Corporation (MCC), is the developer and operator of the award-winning Mactan Cebu International Airport (MCIA). GAIBV […]

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Advent may participate in the $100 million fund raising round of KreditBee

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Gold is seen consolidating losses at six week lows on Friday, awaiting the highly anticipated non-farm payrolls data for further cues on Fed. Dollar hovering at its recent two decade peaks is also keeping the yellow metal under pressure. US benchmark treasury yields are hovering above 3.2% and US dollar index that tracks the greenback against a basket of currencies is at 109.54. COMEX Gold […]

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Birla Corporation said that it has permanently closed the manufacturing establishment at its unit namely, Auto Trim Division, Gurgaon w.e.f. 1st September, 2022.

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The Company is committed to maintain the highest quality standards and compliance at all times.

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Cues from foreign equity markets are mixed

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