News Overview

Hindustan Aeronautics HAL has entered into a MoU with Israel Aerospace Industries IAI to convert civil passenger aircraft to multi mission tanker transport MMTT aircraft in India Under the pact HAL will convert passenger aircraft into air refueling aircraft with cargo and transport capabilities The move will provide Indias defence ecosystem with new capabilities and cost effective solutions in the market The scope of MoU […]

JSW Steel has been declared as a Preferred Bidder vide communication dated 31 March 2022 received from the Directorate of Geology and Mining Maharashtra for Composite Licence of an unexplored Iron Ore mine Ajgaon Iron Ore Block of Sindhudurg District in the State of Maharashtra in the Auctions held by the State Govt of Maharashtra on 30 March 2022

Adani Transmission will hold a meeting of the Board of Directors of the Company on 8 April 2022

Godrej Properties has received reaffirmation in credit ratings from ICRA as under Long term short term fund based non fund based Rs 2500 crore – ICRA AA; Positive ICRA A1 reaffirmed Non convertible debenture programme Rs 1000 crore – ICRA AA; Positive reaffirmed Commercial paper Rs 1500 crore – ICRA A1 reaffirmed

Bank of Baroda has redeemed Senior Unsecured Fixed Rate Notes on maturity date of 04 April 2022 aggregating USD 500 million through its London branch

Max Financial Services announced the resignation of Mandeep Mehta as the Chief Financial Officer of the Company with effect from 30 April 2022

Tata Steel India achieved highest ever annual crude steel production of ~19 million tons with a growth of 13Percentage YoY despite the COVID 2nd wave related disruption early in the financial year During 4QFY22 crude steel production increased by 2Percentage QoQ and stood at 490 mn tons Tata Steel India deliveries increased by 6Percentage YoY in FY22 surpassing the previous best recorded in FY21 Domestic […]

Elnet Technologies will hold a meeting of the Board of Directors of the Company on 11 April 2022

Tata Coffee announced that ICRA has reaffirmed the short term rating and placed long term rating under watch with positive implication as under Fund based bank facilities Rs 150 crore – ICRA AA; Stable long term rating placed under watch with positive implications and short term rating reaffirmed Commercial paper Rs 30 crore – ICRA A1 rating reaffirmed

Tata Tele Business Services TTBS has won the prestigious Enterprise Service Provider of the Year award at the ET Telecom Awards 2022 This award recognises the companies which have been working closely with enterprise customers to help drive their businesses successfully