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Canara Bank has been allotted with 8,80,000 equity shares of India Debt Resolution Company (IDRCL) under preferential allotment vide Companys Board Meeting dated 30 March 2022. With this round of preferential allotment, the equity stake of the Bank in IDRCL has reduces to 5% from previously held 14.90%. Powered by Capital Market – Live News

The rating on commercial paper Rs200 crore of the company has been upgraded to Acuite A1+.

Bank of Baroda has been allotted 9,01,000 equity shares of India Debt Resolution Company (IDRCL) under preferential allotment at IDRCLs Board Meeting dated 30 March 2022. The shareholding translates into a 5% stake for the Bank in share capital of IDRCL. Powered by Capital Market – Live News

South Korea industrial output climbed a seasonally adjusted 0.6 percent on month in February, Statistics Korea said on Thursday, following the upwardly revised 0.3 percent increase in January (originally 0.2 percent). On a yearly basis, industrial production jumped 6.5 percent following the downwardly revised 4.2 percent gain in the previous month (originally 4.3 percent). Powered by Commodity Insights

On preferential basis

“Raising and Accelerating MSME Performance†(RAMP) is a World Bank assisted Central Sector Scheme, supporting various Corona Virus Disease 2019 (COVID) Resilience and Recovery Interventions of the Ministry of Micro, Small and Medium Enterprises (MoMSME).

Dabur India Ltd is quoting at Rs 536.75, up 1.71% on the day as on 12:54 IST on the NSE. The stock is down 0.35% in last one year as compared to a 17.67% spurt in NIFTY and a 3.71% spurt in the Nifty FMCG index.

Marico Ltd is quoting at Rs 502.75, up 2.6% on the day as on 12:54 IST on the NSE. The stock is up 23.45% in last one year as compared to a 17.67% gain in NIFTY and a 3.71% gain in the Nifty FMCG index.

This appraisal at Maturity Level 5 means that the organization is performing at an “optimizing†level.

Nazara Technologies Ltd is quoting at Rs 1656.95, up 2.99% on the day as on 12:54 IST on the NSE. The stock is down 0.82% in last one year as compared to a 17.67% spurt in NIFTY and a 49.67% spurt in the Nifty Media index.