News Overview

Bajaj Holdings Investment will hold a meeting of the Board of Directors of the Company on 28 April 2022

HCL Technologies will hold a meeting of the Board of Directors of the Company on 20 April 2022 and 21 April 2022

Dilip Buildcon has received revision in credit ratings for bank facilities and NCDs from CARE Ratings as under Long term bank facilities Rs 1940 crore – CARE A-; Stable revised from CARE A; Stable Long term short term bank facilities Rs 4500 crore – CARE A-; Stable CARE A2 revised from CARE A; Stable CARE A1 Non-convertible debentures Rs 300 crore – CARE A; Stable […]

Bajaj Finance will hold a meeting of the Board of Directors of the Company on 26 April 2022

Piramal Enterprises announced the resignation of Gautam Banerjee as an Independent Director of the company with effect from 31 March 2022

Power Grid Corporation of India POWERGRID has transferred balance 26Percentage equity shareholding of POWERGRID Vizag Transmission PVTL to PGlnvlT on 31 March 2022 at a consideration of Rs 33078 crore after adjustments of dividend received by POWERGRID from PVTL With this POWERGRID has Nil shareholding in PVTL; and POWERGRID has relinquished its right on additional revenue accruing to POWERGRID Parli Transmission POWERGRID Warora Transmission and […]

Eicher Motors recorded total sales of 67677 motorcycles in month of March 2022 compared to 66058 motorcycles in March 2021 recording a 2Percentage growth Exports rose 56Percentage in March to 9200 motorcycles For FY22 total sales stood at 602268 motorcycles lower by 2Percentage over FY21

Dr Reddys Laboratories has entered into an agreement with Novartis AG to acquire the cardiovascular brand Cidmus in India Under the agreement Dr Reddys will be assigned and transferred the Cidmus trademark in India from Novartis AG for a consideration of USD 61 million The Cidmus brand shall be affixed on the pharmaceutical composition comprising a combination of Valsartan and Sacubitril currently under Novartis patent […]

Jubilant FoodWorks announced that the company has completed the acquisition of stake in Hashtag Loyalty The company holds 35Percentage stake in Hashtag Loyalty on a fully diluted basis in the following manner a 3076 Compulsorily Convertible Series A Preference Shares Series A CCPS of face value of Rs 100 each resulting in 25Percentage stake; b 739 Compulsorily Convertible Seed Preference Shares Seed CCPS of face […]

JSW Energy announced that its subsidiary JSW Neo Energy has entered into a Memorandum of Understanding with the Government of Chhattisgarh for setting up 1000 MW capacity of Hydro Pumped Storage Project viz Hasdev Bango Pumped Storage Project in the State of Chhattisgarh JSW Energy through its green growth vehicle JSW Neo Energy has been expeditiously securing key resources for Hydro PSPs in various resource […]