News Overview

CSB Bank has revised the Marginal Cost of Funds based Lending Rates with effect from 01 March 2022 as under Overnight – 750Percentage change of -010Percentage One month – 770Percentage no change Three months – 800Percentage no change Six months – 840Percentage no change One year – 930Percentage no change

Unichem Laboratories has received ANDA approval for its Divalproex Sodium Extended-Release Tablets USP 250 mg and 500 mg from the United States Food and Drug Administration USFDA to market a generic version of Depakote ER Divalproex Sodium Extended-Release Tablets 250 mg and 500 mg of AbbVie Inc Divalproex Sodium Extended-Release Tablets are indicated for treatment of acute manic or mixed episodes associated with bipolar disorder […]

The Board of Wockhardt will meet on 03 March 2022 to consider and approve the terms and conditions of the rights issue and other related matters

Page Industries announced the resignation of Sunder Genomal as Managing Director of the company with effect from 31 May 2022 He will continue as Non-Executive Director

SC Soft Singapore an Aurionpro subsidiary announced an order win to design develop supply of on-board validators supporting the upgradation to EMV open loop ticketing for the 200 pilot buses in Costa Rica The scope of the project includes delivery of SC SOFTs SCV 500 touch screen EMV validators supporting validation of QR ticket The order is valued at USD 225000 which covers the supply […]

Brigade Enterprises has incorporated Brigade Real Estate Ventures as its Wholly Owned Subsidiary on 26 February 2022

Tata Consultancy Services TCS announced the availability of its TCS Intelligent Urban Exchange IUX and TCS Customer Intelligence Insights CII software in the Microsoft Azure Marketplace CII customer analytics helps banks retailers insurers and other businesses take advantage of AI machine learning and customer data platform capabilities to deliver hyper-personalized consumer and citizen experiences while protecting privacy and ensuring consent Organizations can use CII to […]

Piramal Enterprises approved the issuance of Secured Rated Listed Redeemable Principal Protected Market Linked Non-Convertible Debentures up to Rs 100 crore along with an option to retain oversubscription of up to Rs 400 crore aggregating up to Rs 500 crore on private placement basis

PNC Infratech announced that Care Ratings has reaffirmed credit rating on the bank facilities amounting Rs 775 crore of its subsidiary PNC Bithur Kanpur Highways at CARE A; Stable

The Board of Jindal Poly Films at its meeting held on 28 February 2022 has approved the appointment of Sanjeev Aggarwal Non Executive Independent Director as a permanent Chairman on the Board