News Overview

The Board of Century Plyboards India on 03 April 2022 has approved the incorporation of a wholly owned subsidiary Century Ports for carrying out the project for rejuvenation of Khidderpore Docks KPD-I West through PPP mode on Design Build Finance Operate and Transfer DBFOT basis at Syama Prasad Mookerjee Port Kolkata

Frontline Corporation has postponed the meeting of the Board of Directors which was scheduled to be held on 31 March 2022 The meeting will now be held on a later date

UCO Bank announced the cessation of Ajay Vyas as Executive Director with effect from 02 April 2022 on completion of his tenure

Minda Industries announced the appointment of Rajiv Batra DIN-00082866 on the Board of the Company as an Additional Director in the category of Independent Director for a term of two years wef 01 April 2022

Indian Oil Corporation Larsen Toubro and ReNew Power announced signing of binding term sheet for the formation of a Joint Venture JV company to develop the nascent green hydrogen sector in India The tripartite venture is a synergistic alliance that brings together the strong credentials of LT in designing executing and delivering EPC projects IndianOils established expertise in petroleum refining along with its presence across […]

Tata Power Renewables Energy a wholly owned subsidiary of Tata Power has commissioned a 300 MW project in Dholera Gujarat It is Indias largest single-axis solar tracker system The project will generate 774 MUs annually Along with this it will reduce approximately 704340 MTyear of carbon emission The installation entails 873012 nos of Monocrystalline PV Modules The project was commissioned well within the stipulated timeline

Axis Bank has allotted 102115 equity shares of Rs 2 each of the Bank on 05 April 2022 pursuant to exercise of stock options under its ESOP Scheme The paid up share capital of the Bank will accordingly increase Rs 61394956723069747836 equity shares of Rs 2 each to Rs 6139699902 3069849951 equity shares of Rs 2 each

Dr Reddys Laboratories announced the launch of Methylprednisolone Sodium Succinate for Injection USP the generic equivalent of SOLU-MEDROL methylprednisolone sodium succinate for injection USP in the US Market approved by the US Food and Drug Administration USFDA The SOLU-MEDROL brand and generic had US sales of approximately $144 million MAT for the most recent twelve months ending in February 2022 according to IQVIA Health Dr […]

Tinplate Company of India will hold a meeting of the Board of Directors of the Company on 12 April 2022

Go Fashion India announced that CRISIL Ratings has upgraded the ratings of the company Long term rating – CRISIL A-Stable revised from CRISIL BBB Stable Short term rating – CRISIL A2 revised from CRISIL A2