News Overview

SJVN has incorporated a wholly owned subsidiary SJVN Green Energy on 30 March 2022 The newly formed company shall carry out business in the filed of power generation in particular solar parks project wind projects and hybrid projects including battery energy storage system assets creation in ware biomass small hydro and green hydrogen based business ventures

The Board of La Tim Metal Industries will meet on 08 April 2022 to consider sub-division of equity shares of the company of face value of Rs 10 each into equity shares of Re 1 each

Esab India will hold a meeting of the Board of Directors of the Company on 27 May 2022

The Board of GAIL India at its meeting held on 31 March 2022 approved the buyback of 56985463 fully paid-up equity shares of the company of face value of Rs 10 each at a price of Rs 190 per share for an aggregate consideration not exceeding Rs 108272 crore

Superior Industrial Enterprises will hold a meeting of the Board of Directors of the Company on 6 April 2022

Bharat Dynamics BDL and Tawazun Economic Council TEC United Arab Emirates have exchanged Memorandum of Understanding MoU to explore new business opportunities in various areas of mutual interest in the field of defence Tawazun Economic Council Tawazun is the UAE defense and Security acquisition authority for the UAE armed force and also manages the procurement and contract of the UAE armed forces covering administrative technical […]

UCO Bank has successfully raised Rs 100 crore through private placement of Basel III compliant Tier II Bonds Series V on 31 March 2022

Hindustan Aeronautics announced that Cabinet Committee on Security CCS has approved procurement of 15 Light Combat Helicopters LCH Limited Series Production for Indian Air Force 10 and for Indian Army 5 from the Company at an estimated cost of Rs 3887 crore along with infrastructure sanctions worth Rs 377 crore

Vardhman Textiles announced that the National Company Law Tribunal Chandigarh Bench has sanctioned the Scheme of Amalgamation filed by the Company comprising of amalgamation of VMT Spinning Company Transferor Company 1 and Vardhman Nisshinbo Garments Company Transferor Company 2 with Vardhman Textiles Transferee Company Scheme The Tribunal has issued an electronic copy of the order sanctioning the Scheme on 30 March 2022

Punjab National Bank has been allotted 901000 shares by India Debt Resolution Company IDRCL on 31 March 2022 With current round of allotment by IDRCL the Banks shareholding in IDRCL came down to 5Percentage of paid up capital from 1118Percentage