News Overview

Petronet LNG announced that Arun Kumar DIN 03570776 has ceased to be the Independent Director on the Board of the Company wef 9 April 2022 consequent upon completion of three years tenure on 8 April 2022

Hindustan Aeronautics and LT consortium has emerged as L1 to make 5 Polar Space Launch Vehicles PSLVs for ISRO The company is the lead partner with LT sharing the work Other vendors too will be involved with the consortium in the manufacturing of the Launch Vehicles However the contract is yet to be formalised awarded ISROs commercial arm NSIL has floated the RFP for the […]

Bank of Baroda has increased the Marginal Cost of Funds Based Lending Rates MCLRs across tenors by 5 bps with effect from 12 April 2022 as under Overnight – 650Percentage One month – 695Percentage Three month – 710Percentage Six month – 720Percentage One year – 735Percentage

Aurionpro Solutions today announced the re-launch of its website wwwaurionprocom The new website is not only built on the advanced technology platform but also has been revamped to showcase the transformation of Aurionpro into a platform-led enterprise offering a wide range of services to its clients

Lasa Supergenerics announced that the Board of Directors of the Company at its meeting held on 11 April 2022 inter alia have recommended the final dividend of Rs 025 per equity Share ie 25Percentage subject to the approval of the shareholders

Darshan Orna has revised the meeting of the Board of Directors which was scheduled to be held on 9 April 2022 The meeting will now be held on 14 April 2022

The Board of Ruchi Soya Industries at its meeting held on 10 April 2022 has accorded its in-principle approval for evaluating the most efficient mode of enhancing synergies with Patanjali Ayurveda food portfolio in any manner on an arms length basis proposed transaction The Board also decided to change the name of the company to Patanjali Foods

Trishakti Electronics Industries announced that an Extra Ordinary General Meeting EGM of the Company will be held on 5 May 2022

Bharat Forge announced that ICRA has revised the credit rating of the company as follows Long term rating fund based facilities – ICRA AA; Stable reaffirmed Non convertible debentures of Rs 500 crore – ICRA AA; Stable reaffirmed Non convertible debentures of Rs 200 crore proposed – ICRA AA; Stable reaffirmed Issuer Rating – ICRA AA; Stable reaffirmed Short term rating non fund based facilities […]

Glenmark Pharmaceuticals announced that its subsidiary Glenmark Specialty SA Glenmark received approval from the Indian drug regulator Drug Controller General of India DCGI to conduct a Phase 1 clinical trial of its novel smallmolecule GRC 54276 a hematopoietic progenitor kinase 1 HPK1 inhibitor HPK1 is a key regulator of T cell B cell and dendritic cell-mediated immune responses which improves antitumor immunity by activating and […]