News Overview

Karur Vysya Bank has received reaffirmation in credit rating for certificate of deposits programme for Rs 3000 crore at ICRA A1

Bharti Airtel announced that its subsidiary Nxtra Data has entered into an Agreement for acquisition of 11334Percentage equity stake in Avaada KNShorapur a special purpose vehicle formed for the purpose of owning and operating the Captive Power Plant in terms of the regulatory requirement for captive power consumption under electricity laws

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

Bajaj Electricals announced that CRISIL has assigned the following ratings on the companys bank facilities of Rs 2000 crore Long Term Rating CRISIL A Watch Developing Assigned; Placed on Rating Watch with Developing Implications Short Term Rating CRISIL A1 Watch Developing Assigned; Placed on Rating Watch with Developing Implications

Maharashtra Corporation will hold a meeting of the Board of Directors of the Company on 28 March 2022

MRC Exim will hold a meeting of the Board of Directors of the Company on 30 March 2022

Yash Chemex will hold a meeting of the Board of Directors of the Company on 31 March 2022

Prism Johnson announced that CRISIL Ratings has on 25 March 2022 assigned CRISIL A1 Credit Rating pronounced as CRISIL A one plus Rating for Commercial Paper instrument

NTPC announced that successful commissioning of third part capacity of 425 MW of 100 MW Ramagundam Floating Solar PV Project at Ramagundam Telangana with effect from 24 March 2022 With this standalone installed and commercial capacity of NTPC has become 5449468 MW Further group installed and commercial capacity of NTPC has become 6860968 and 6794968 MW respectively

Mahindra Mahindra announced its entry into the NFT non-fungible token universe with the release of its first tranche of tokens becoming the first Indian automotive OEM to enter this space NFTs are at the forefront of blockchain technology and have captured the interest of the digitally savvy and constantly connected generation The entry of Mahindra into the NFT universe is yet another testimony of their […]