News Overview

Bharat Heavy Electricals has achieved yet another milestone in its international business by bagging a prestigious order for a Compressor Package from Iraq Won in the face of stiff competition the order for the Package for Baiji Refinery in Iraq has been placed by Northern Refineries Company NRC a National Oil refinery company owned by Ministry of Oil Republic of Iraq The order envisages design […]

Sterling Wilson Renewable Energy has approved the appointment of Cherag Sarosh Balsara DIN 07030974 as an Additional Director designated as Non-Executive Independent Director of the Company for a term of 5 five consecutive years commencing from 29 March 2022

Dabur India will hold a meeting of the Board of Directors of the Company on 5 May 2022

The Board of Axis Bank at its meeting held on 30 March 2022 has approved the purchase of the Citibanks India Consumer Business from Citibank NA acting through its branch in India CBNA and the NBFC Consumer Business from Citicorp Finance India CFIL as going concerns without values being assigned to individual assets and liabilities to either business subject to fulfilment of specific conditions and […]

JSW Ispat Special Products announced that PT Sarwa Sembada Karya Bumi PT Sarwa has ceased to be a step-down subsidiary of the company The companys subsidiary Monnet Global has sold its entire stake held in PT Sarwa to PT Srinata Mahajati Corpora for a net consideration of USD 1075 million

Indian Bank has received revision in credit ratings from CRISIL as under Basel III AT 1 Perpetual Bonds – CRISIL AA; Stable reaffirmed Basel III Tier 2 Bonds – CRISIL AAA; Stable reaffirmed Certificate of deposits Rs 25000 crore including proposed CDs of Rs 10000 crore – CRISIL A1 assigned

Goodluck India has received upgraded credit rating from CRISIL on its bank loan facilities CRISIL upgraded the Companys long-term rating from BBBPositive to A-Stable and the shortterm rating from A3 to A2 The change in rating reflects substantial improvement in the business and financial profile of Goodluck The improvement is supported by significant increase in scale of operations healthy order book and sustained operating margin

ICICI Lombard General Insurance Co will hold a meeting of the Board of Directors of the Company on 21 April 2022

Kajal Synthetics Silk Mills will hold a meeting of the Board of Directors of the Company on 2 April 2022

The Board of Advanced Enzyme Technologies at its meeting held on 30 March 2022 has appointed Nitin Jagannath Deshmukh DIN 00060743 as an Additional Director Independent with effect from 01 July 2022