News Overview

Suven Pharmaceuticals has received upgrade in credit ratings for bank facilities from CRISIL as under Long term bank facilities – CRISIL A Stable upgraded from CRISIL A Stable Short term bank facilities – CRISIL A1 upgraded from CRISIL A1

Larsen Toubro has today received the second balance payment of Rs 450 crore on 18000 partly paid up Non-convertible Debentures NCDs issued and allotted on 23 April 2020

The Board of Advik Laboratories at its meeting held on 23 April 2022 has considered and withdrawn the proposed preferential allotment of up to 250 crore convertible warrants of Rs 10 each and the proposed increased in authorised share capital from Rs 20 crore to Rs 45 crore

The Board of Capri Global Capital has approved the appointment Rajesh Sharma Managing Director of the Company to shoulder additional responsibility as the Chief Financial Officer with effect from 23 April 2022

Religare Enterprises announced that the Securities and Exchange Board of India SEBI has approved the companys application for settlement under the SEBI Settlement Proceedings Regulations 2018 without admission or denial of SEBIs findings for a payment of Rs 541 crore The company has accordingly deposited the suggested amount with SEBI and closed the legacy issues

Mindtree and Sapiens International Corporation NASDAQ and TASE SPNS a leading global provider of software solutions for the insurance banking and financial services industries today announced a partnership to help insurance companies drive digital transformation The combination of Sapiens industry-leading cloud-native core suite of banking and insurance applications and Mindtrees deep domain knowledge and expansive delivery capabilities will enable insurance companies to increase scale speed-to-market […]

Torrent Power has entered into a Share Purchase Agreement SPA with SkyPower Southeast Asia III Investments and SkyPower Southeast Asia Holdings 2 the Sellers for the acquisition of 100Percentage securities of Sunshakti Solar Power Projects SPV The SPV operates 50 MW Solar Power Project in the state of Telangana Long-term Power Purchase Agreement PPA for the Project is with Northern Power Distribution Company of Telangana […]

Mitsu Chem Plast will hold a meeting of the Board of Directors of the Company on 30 April 2022

Divyashakti announced that the Board of Directors of the Company at its meeting held on 25 April 2022 inter alia have recommended the final dividend of Rs 2 per equity Share ie 20Percentage subject to the approval of the shareholders

TVS Motor Company has reached a partnership agreement with PETRONAS an alliance that will see the progressive energy company become the title partner of TVS Racing Indias first factory racing team Rebranded as PETRONAS TVS Racing Team the outfit will don a new livery as part of the alliance effective this season PETRONAS is also set to supply its high-performance engine oil PETRONAS Sprinta to […]