News Overview

OnMobile Global has allotted 4999 equity shares on 17 March 2022 under ESOS

PVR has opened six screen multiplex PVR Friends Cinema in Jalandhar Punjab The property is equipped with laser projection the first in the city The auditoriums are powered with 2K RGB laser projectors For an unparalleled surround sound experience the audis host advanced Dolby 71 technological solution that allows crystal-clear high-definition immersive audio while the Next-Gen 3D technology provides a more captivating and immersive viewing […]

Ramco Systems has received the following ratings for Rs 21450 crore bank facilities of Ramco Systems The outlook on the long term rating is revised from Stable to Negative Long term fund based CC reaffirmed – ICRA A; Negative Short term fund based facilities reaffirmed – ICRA A2 Short term non-fund based facilities reaffirmed – ICRA A2 Unallocated reaffirmed – ICRA A; Negative ICRA A2

The Board of Urja Global at its meeting held on 16 March 2022 has approved further investment in Urja Batteries by way of subscribing to additional 2000000 equity shares

The Board of NxtDigital at its meeting held on 16 March 2022 has considered and accorded in-principle approval for merger of Hinduja Leyland Finance HLFL a registered non-banking finance company NBFC into the company The proposed merger of HLFL will result in the company having assets aggregating over Rs 29000 crores and shareholders receiving shares of the merged entity as per share swap valuation

Hindustan Construction Company in consortium with Om lnfra has been awarded Rs609 crore contract by Public Health Engineering Department Govt of Rajasthan for the construction of the Nokha Water Supply Project to provide Functional Household Tap Connection FHTC in Bikaner District The HCC share in the joint venture is 50Percentage The scope of work involves constructing a network of water distribution lines of over 1000 […]

Carborundum Universal has allotted 4200 equity shares under ESOP on 17 March 2022 With this allotment the paid up equity share capital has increased to 189856703 equity shares of Re 1 each

The Board of Paras Defence and Space Technologies at its meeting held on 17 March 2022 has approved incorporation of wholly owned subsidiary named Paras CAA Gearup The proposed subsidiary shall be engaged in business of development manufacturing and trading of popular handgun and rifle conversion kits

The Board of Embassy Office Parks Management Services Manager to Embassy Office Parks REIT Embassy REIT at its meeting held on 17 March 2022 has approved the following – Approved fund raising by way of issuance of listed rated secured redeemable transferable rupee denominated non-convertible debentures aggregating up to Rs 1000 crore in one or more tranches by Embassy REIT to be utilized towards ongoing […]

Happiest Minds Technologies announced a strategic partnership with OutSystems a pioneer and leader in the low-code application development market Happiest Minds and OutSystems share the vision to transform how enterprise software is delivered to their customers This partnership will add a world-class low-code platform to Happiest Minds portfolio enabling companies to develop deploy and manage omnichannel enterprise applications that run in the cloud on-premise or […]