News Overview

NMDC achieved iron ore production of 431 million ton in month of February 2022 compared to 386 million ton in February 2021 The company achieved sales of 397 million ton in February 2022 compared to 325 million ton in February 2021

Coal India and its subsidiaries achieved the following provisional production and off-take performance for the month of February 2022 Coal production rose 39Percentage to 643 million tons in month of February 2022 compared to 619 million tons in February 2021 For the period April 2021 to February 2022 coal production rose 53Percentage to 5424 million tons compared to 5151 million tons in the corresponding period […]

Sequent Scientific announced that Alivira Sade Animal Brazil a wholly owned subsidiary of the company has completed the acquisition of 100Percentage stake in Nourrie Sade e Nutrio Animal Nourrie With this acquisition Nourrie has become a wholly owned subsidiary of Alivira Sade Animal and consequently of the company The acquisition was made for a consideration of BRL 27 million USD 5 million SeQuent had originally […]

Bajaj Auto sold 316020 units in month of February 2022 compared to 375017 units in February 2021 recording a decline of 16Percentage Total sales include domestic sales of 112747 units and exports of 203273 units lower by 32Percentage and 3Percentage respectively compared to corresponding month of the previous year The companys production of 2-wheelers dropped by 16Percentage to 279337 units while production of commercial vehicles […]

Max Financial Services announced that Max Life Insurance Company Max Life a material subsidiary of the company has incorporated a wholly owned subsidiary named Max Life Pension Fund Management Max Life will infuse Rs 55 crore in the newly incorporated pension fund company

Wockhardt will hold a meeting of the Board of Directors of the Company on 3 March 2022

Ganesh Benzoplast will hold a meeting of the Board of Directors of the Company on 7 March 2022

Piramal Enterprises has allotted 1250 secured rated listed redeemable principal protected market link non-convertible debentures having face value of Rs 10 lakh each aggregating to Rs 125 crore on private placement basis on 02 March 2022

Religare Enterprises announced a milestone achievement that it has become debt free by repaying Rs 18550 crore that it owned to its subsidiary Religare Finvest Further the company plans to enter new strategic sectors including asset reconstruction alternate investment funds insurance broking and digital wealth management

Shriram City Union Finance has allotted 61215 equity shares under ESOP on 02 March 2022