News Overview

Steel Authority of India has received reaffirmation in credit ratings from Brickwork Ratings for NCDs aggregating Rs 2000 crore and proposed NCD issuance of Rs 3000 crore at BWR AA; Stable

Inox Wind and its subsidiary Inox Green Energy Services IGESL as part of the strategic initiative to deleverage their respective Balance Sheets have recently paid Rs 250 crore and Rs 161 crore aggregating to Rs 411 crore towards reducing their debt Consequently the Corporate Guarantees given by Gujarat Fluorochemicals have also got reduced to that extent Both the companies are in the process of further […]

Ashoka Buildcon has submitted Bid to National Highway Authority of India NHAI for the Project viz Request for proposal for Construction of 6 lane Elevated Corridor along with development of existing 4 lane road at ground level from Aroor to Thuravoor Thekku section of NH 66 from Km 366330 to Km 379082 of NH-66 Length 12752 Km under Bharatmala Pariyojana in the State of Kerala […]

J B Chemicals Pharmaceuticals has received ANDA approval from the USFDA for Venlafaxine Extended Release Tablets 375mg 75mg 150mg and 225mg This product is based on OROS Osmotic Controlled Release Oral Delivery System technology an advanced and precision-controlled release mechanism The generic product approval is bioequivalent and therapeutically equivalent to the reference listed drug RLD Venlafaxine Hydrochloride Extended-Release Tablets 375 mg 75 mg 150 mg […]

Trident has been granted patent for Fabric and Method of Manufacturing Fabric by Patent Office India The present invention comprises a method of producing a fabric by subjecting the fabric to a special treatment thereby obtaining increased air space in the resultant fabric This will help the company to deliver its special soft towels without usage of any chemical-based fibers enabling it to save environment […]

Vivanta Industries announced that an Extra Ordinary General Meeting EGM of the Company will be held on 17 January 2023

Wipro has allotted 91200 equity shares under ADS Restricted Stock Unit Plan 2004 and 1848 equity shares under the Restricted Stock Unit Plan 2007 on 30 November 2022 pursuant to exercise of ESOPs

Biocon has received affirmation in credit rating for bank facilities from CRISIL as under Total bank facilities rated – Rs 250 crore Long term rating – CRISIL AA Stable Removed from Rating watch with developing implications rating reaffirmed Short term rating – CRISIL A1 reaffirmed

EaseMyTrip today announced it will invest in and acquire Gujarats GIFT city-based Nutana Aviation The acquiree company is in the business of offering charter solutions to clients in India and abroad Nutana Aviation leases charter aircraft enabling operators to run efficiently along with proving charter booking services to its clients within and outside India With this acquisition EaseMyTrip will add a new segment that will […]

Mahanagar Telephone Nigam announced that Yojana Das DIN 08987456 ceased to be Director Finance wef 30 November 2022 on account of superannuation