News Overview

The rating on long-term bank facilities has been reaffirmed at A+ and short-term at A1+.

The Notes are rated BBB+ by S&P and Baa2 by Moody’s.

Phoenix Mills on 05 January 2022 has allotted 38000 equity shares under ESOP. Consequently, the paid up equity share capital of the company stands increased to Rs 34,43,92,252 consisting of 17,21,96,126 Equity share of Rs 2/- each. Powered by Capital Market – Live News

Gland Pharma Ltd is quoting at Rs 3995, up 1.35% on the day as on 12:54 IST on the NSE. The stock is up 66.38% in last one year as compared to a 25.26% jump in NIFTY and a 6.41% jump in the Nifty Pharma index.

Reliance Industries announced that on 05 January 2022, the company successfully priced fixed rate senior unsecured notes for an aggregate amount of US$ 4 billion across three tranches in compliance with Regulation S and Rule 144A under the U.S. Securities Act of 1933, as amended (the ?US Securities Act?) (the ?Issue?). The proceeds from the issuance of the Notes will be utilised primarily for refinancing […]

With effect from 05 January 2022

Banks have implemented 83% of the restructuring requests received till September 30, 2021; incremental restructuring likely to remain limited.

Germanys factory orders rebounded in November largely driven by foreign demand, data from Destatis showed on Thursday. New orders grew 3.7 percent month-on-month in November, reversing a strong decline of 5.8 percent in October. Excluding major orders, new orders advanced 3.8 percent from the previous month. The strong growth in new orders was attributable to foreign orders which increased by 8.0 percent. At the same […]

Bharat Forge Ltd is quoting at Rs 738.65, up 2.45% on the day as on 12:49 IST on the NSE. The stock is up 23.34% in last one year as compared to a 25.18% gain in NIFTY and a 19.58% gain in the Nifty Auto.

Maruti Suzuki India Ltd is quoting at Rs 7848.05, up 0.94% on the day as on 12:49 IST on the NSE. The stock is up 3.73% in last one year as compared to a 25.18% gain in NIFTY and a 19.58% gain in the Nifty Auto.