News Overview

IDFC First Bank announced that India Ratings Research Ind-Ra has enhanced the rated amount of Basel III Tier 2 Debt Instruments Bonds of IDFC FIRST Bank from Rs 2000 crore to Rs 5000 crore Ind-Ra has assigned IND AANegative ratingoutlook to the additional Tier 2 Bonds Rs 3000 crore while re-affirming the ratingoutlook of Rs 2000 crore Basel III Tier 2 Bonds Further Ind-Ra has […]

Reliance Industries and Asset Care Reconstruction Enterprise have accepted the letter of intent issued by the Interim Resolution Professional of Sintex Industries for their joint resolution plan of Sintex Industries The resolution plan will now be submitted to the NCLT for approval

Equilateral Enterprises will hold a meeting of the Board of Directors of the Company on 29 March 2022

Jindal Stainless announced that an Extra Ordinary General Meeting EGM of the Company will be held on 23 April 2022

Aadhaar Ventures India will hold a meeting of the Board of Directors of the Company on 28 March 2022

BEML announced the appointment of Anil Jerath DIN- 09543904 Chief General Manager Finance as Director Finance on the Board of the Company and he assumed the charge of the post on 22 March 2022

MTAR has been declared L1 bidder for tenders floated by NPCIL for fuel transfer system of GHAVP 1 2 reactor and FM Bridge Carriage assemblies of Kaiga 5 6 GHAVP 3 4 nuclear reactors The combined value of the orders is approximately Rs 135 crore and purchase orders for the same are expected in Q1 FY23

The Board of Can Fin Homes will meet on 29 March 2022 to consider issuance of NCDs up to Rs 2525 crore on private placement basis

Jindal Hotels will hold a meeting of the Board of Directors of the Company on 25 March 2022

Godrej Agrovet has made additional investment aggregating to Rs25 crore in the Equity Share Capital of Godrej Maxxmilk GMPL wholly owned Subsidiary Company by way of subscription to Rights Issue and accordingly has been allotted 735295 Equity Shares of Face Value of Rs10 each of GMPL on 22 March 2022