News Overview

The central bank has increased eligibility criteria for microfinance loans to a household having an annual income of up to Rs3 lakh while removing the interest rate cap on such loans.

For Scheme of Amalgamation

IPCL and E2S Power will work with major companies in the power and renewable energy sector in India to identify, evaluate and offer optimized integrated thermal energy solutions for existing plants and facilities being phased out.

The rating agency has assigned an ICRA A+ rating to the company’s Tier II Bonds.

The benchmark indices hit intraday low during afternoon trade, dragged by metal, oil & gas and IT scrips. The Nifty slipped below 16,700 mark. At 13:30 IST, the barometer index, the S&P BSE Sensex, fell 592.71 points or 1.05% at 55,893.31. The Nifty 50 index lost 180 points or 1.07% at 16,691.30. Reliance Industries (down 2.18%), Infosys (down 2.25%) and HDFC Bank (down 1.17%) dragged […]

Granules India said that Granules Pharmaceuticals, Inc. (GPI), a wholly-owned foreign subsidiary of the company, located in Chantilly, Virginia, USA received an establishment inspection report (EIR) from the US Food and Drug Administration (US FDA).

Here is the stock market performance at 1:30 PM today.

Instruments with [ICRA]A+ rating are considered to have an adequate degree of safety regarding timely servicing of financial obligations.

The rating on short-term debt facilities and the Commercial Paper programme of the company has been reaffirmed at CRISIL Al+.

The company's step-down subsidiary viz. Bhalaji Toll Road Private Limited (BTRPL) has received a Letter of Award (LOA) dated March 14, 2022 from NHAI.