News Overview

The production of Coal, Natural Gas, Refinery Products, Steel, Cement and Electricity industries increased in February 2022 over the corresponding period of last year, as per Ministry of Commerce & Industry data released on Thursday.

The facility contributes less than 5% of the Company's global revenues.

The company has signed a PDA with SPVs i.e. affiliates of Sterlite Power Technologies — a company engaged in business to supply hybridâ€based power with solar, wind, and storage solutions.

The acquisition through its 3 SPVs of additional revenues accruing to these SPVs on account of change in law aggregating to Rs304 crore.

GNAL is a Material Subsidiary of the Company.

The board has fixed Wednesday, April 20, 2022 as the 'Record Date' for the purpose of determining the eligibility of Shareholders for the purpose of sub-division.

The Bank allotted 665, 8.60% Unsecured, Subordinated, Non-Convertible, Redeemable, Basel III Compliant Tier II Bonds (SeriesIV) at a face value of Rs1 crore.

Sansera wins large order from BMW Motorrad for aluminium forged and machined parts.

The first revision for Jan-22 raised core sector by 30 bps from 3.7% to 4.0%. If you consider core sector numbers for Feb-22 and compare with Feb-20, it is up 2.31%; which is lower than the Jan-22 performance on a 2 year basis.

Here is the important stock market news to watch out for today.