News Overview

G R Infraprojects has emerged as L-1 bidder in Financial Bid Opening dated 25 March 2022 for the tender invited by National Highways Authority of India for Upgradation to Four Lane with paved Shoulder of NH-341 from Bhimasar Junction of NH-41 to Anjar- Bhuj upto Airport Junction Km 0000 to Km 65478 in the State of Gujarat on Hybrid Annuity Mode The company bid project […]

Adani Enterprises announced that the companys wholly owned subsidiaries Mahanadi Mines and Minerals and MP Natural Resources recently participated in the tenders invited by Nominated Authority Ministry of Coal Government of India and declared as successful bidders for the Bijahan coal block IB Valley coalfield in Odisha and Gondbahera Ujheni East coal block Singrauli coalfield in Madhya Pradesh respectively

Vishnu Chemicals announced that its wholly owned subsidiary Vishnu Barium VBPL has completed the brownfield expansion of its state-of-theart plant at Srikalahasti This expansion increases the capacity by 50Percentage from current 40000 MTPA in the subsidiary company

Jubilant Ingrevia repays commercial paper of Rs 150 crore on 25 March 2022 ie the maturity date

Ceinsys Tech will hold a meeting of the Board of Directors of the Company on 31 March 2022

JSW Energy announced that CARE Ratings CARE has withdrawn their rating assigned to the Long Term and Short Term Bank facilities of Barmer Lignite Mining Company Joint Venture of the Company

Indraprastha Gas announced that Sanjay Kumar has been nominated by GAIL India as Managing Director of lndraprastha Gas He has taken over charge from AK Jana wef 25 March 2022 AK Jana has ceased to be a Director and Managing Director wef 25 March 2022

Poonawalla Fincorp announced that its shareholding in Magma HDI General Insurance Company a joint venture will get reduced from the current 29321Percentage to 21522Percentage following proposed capital raise of Rs 44993 crore by Magma HDI by way of preferential issue to third party investors

HMT announced the appointment of Vijay Mittal Joint Secretary Ministry of Heavy Industries has been appointed as Part-time Official Director on the Board of HMT with effect from 25 March 2022 in place of Jeetendra Singh Joint Secretary who ceased to be Director on the Board with effect from 25 March 2022

Wipro announced that the Board of Directors of the Company at its meeting held on 25 March 2022 has recommended a Interim dividend of Rs5 per share ie250Percentage subject to the approval of the shareholders