News Overview

The divestment is subject to RBI approval for change in sponsor shareholder of India SME Asset Reconstruction Company.

DCB Bank advanced 2.89% to Rs 80.05 after the Reserve Bank of India (RBI) re-appointed Murali M. Natrajan as the managing director (MD) and chief executive officer (CEO) for a further period of two years from 29 April 2022 to 28 April 2024.

Zee Entertainment Enterprises Ltd witnessed volume of 929.16 lakh shares by 10:51 IST on BSE, a 88.2 times surge over two-week average daily volume of 10.53 lakh shares

Commercial paper worth Rs30 crore (short-term) has been assigned ‘A1+’ ratings by ICRA

Conversa’s strong, intuitive no-code dialog and workflow design and secure, enterprise-ready integration to TCS BaNCS product portfolio, cited as key strengths.

Man Industries (India) rose 1.51% to Rs 101 after the company said that it has entered into a technical collaboration and know-how agreement with Singapore-based OMS Oilfield Services.

On completion of the acquisition, S&T Mining (presently a Joint Venture between SAIL and the Company), will become a wholly-owned subsidiary of the Company.

NLC India achieved record physical performance on all fronts during the FY 2021-22. A new record has been created in terms of electricity generation, with the Power stations of NLC India and its subsidiaries together generating 2920 Crore units of electricity (29.20 Billion Units) during the year 2021-22. This is the highest ever generation in a financial year since inception of the company and is […]

Business Wire India BostonGene today announced the completion of the $150 million Series B funding. NEC Corporation (NEC; TSE: 6701) led the financing with participation from Impact Investment Capital and Japan Industrial Partners. The capital will be used to scale BostonGene’s growth, including continued innovation, clinical and research partnerships, and international expansion. Further, leveraging NEC’s robust infrastructure, BostonGene and NEC intend to form a joint […]

Union Bank of India executed an agreement on 6 April 2022 for the sale of its 8% stake in India SME Asset Reconstruction Company in favour of Dhansamridhi Finance.