News Overview

The Solvent Extractors’ Association of India (SEA) has stated that Indias import of vegetable oils during December 2021 is reported at 1,226,686 tons compared to 1,356,585 tons in December 2020, consisting 1,216,863 tons of edible oils and 9,823 tons of non-edible oils i.e. down by 10%. The overall import of vegetable oils during first two months of oil year 2021-22, Nov.-Dec’ 21 is reported at […]

The long-term bank facilities have been revised to IVR BBB/ Stable and short-term facilities to IVR A3+.

Menon Bearings Ltd, Pearl Global Industries Ltd, Orbit Exports Ltd and Apex Frozen Foods Ltd are among the other gainers in the BSEs B group today, 12 January 2022.

A consortium led by L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Larsen & Toubro, has secured two offshore packages from a prestigious overseas client. The scope of work comprises EPC for new facilities and integration with existing installations. LTHE is currently executing several domestic and international offshore projects. LTHE is also committed to building its regional presence in geographies that it operates by […]

As companies look ahead to a post-pandemic era, many will need to consider how to meet unique needs and priorities with potentially limited resources with WFH being the new norm.

Ind Ra has affirmed the long term bank loans rating and NCDs at IND A+/Stable.

Business Wire India Altum Technologies Oy (CEO: Matias Tainela, HQ in Helsinki Finland, hereinafter “Altum”) and Nippon Steel Engineering Co., Ltd. (CEO: Yukito Ishiwa, HQ in Tokyo, Japan, hereinafter referred to as “NSE”) are announcing joint collaboration to launch a new Smart Cleaning Service.   This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220111005095/en/   A focused ultrasound technology can remove foulants from […]

Business Wire IndiaFinahub Technology Solutions has selected MatchMove’s Embedded Banking platform to enable Banks & NBFCs in India to offer wallets & prepaid cards to customers for gold-backed lending, under the brand “Akshayous”.   Akshayous is a gold-backed BNPL product launched by Finahub that enables customers to deposit their gold jewellery with a partner NBFC and get a prepaid card, with an assigned credit limit […]

Key highlights to watch in Q3 would be - management commentary, attrition rate, salary hikes and revenue guidance among others.

At meeting held on 12 January 2022