News Overview

Union Bank of India has allotted Unsecured Subordinated Non-Convertible Taxable Fully Paid-Up Basel III Compliant Tier- 2 Bonds in the nature of Debentures eligible for inclusion in Tier 2 Capital Bonds in two tranches of Rs1500 crore ISIN INE692A08219Series XXXVI-A and Rs700 crore ISIN INE692A08201Series XXXVI-B aggregating to Rs2200 crore on 29 November 2022

Tata Consultancy Services and ICICI Bank announced the launch of iLens a digital lending solution powered by the TCS lending platform The first-of-its-kind platform digitizes the entire lending processfrom application to disbursementfor everyone including new-to-bank customers to offer them unparalleled convenience with faster turnaround of loan applications greater transparency of loan status and enriched experience To begin with iLens has started empowering customers including new-to-bank […]

Krishna Institute of Medical Sciences has made a further investment by acquiring an additional equity stake of 779Percentage in Arunodaya Hospitals its subsidiary on 28 November 2022 Consequently the Company now holds 6562Percentage of the total paid-up Equity Share capital of Arunodaya Hospitals

Entertainment Network India had previously announced its foray into the United States US Radio market The Companys US subsidiary Viz Entertainment Network LLC EN LLC had entered into a Time Brokerage arrangement with a US based broadcaster to broadcast radio programmes and content targeting the South Asian community in the Bay Area – USA Due to the non-fulfilment of material contractual obligations by the counterparty […]

Sagar Productions will hold a meeting of the Board of Directors of the Company on 1 December 2022

NBI Industrial Finance Company announced that an Extra Ordinary General Meeting EGM of the Company will be held on 20 December 2022

The Executive Committee of the Central Board of State Bank of India at its meeting held on 29 November 2022 has accorded approval for raising Infrastructure Bonds up to an amount of Rs 10000 crore including green shoe option of Rs 5000 crore through a public issue or private placement during FY23

Lumax Industries will hold a meeting of the Board of Directors of the Company on 7 December 2022

KBC Global announced that an Extra Ordinary General Meeting EGM of the Company will be held on 27 December 2022

Bhanderi Infracon will hold a meeting of the Board of Directors of the Company on 5 December 2022