Corporate News

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Escorts gets revision in credit ratings

Escorts announced that India Ratings & Research has upgraded and assigned the long term issuer rating to IND AA- from IND A+. The outlook is Positive. The instrument wise rating actions are giv...read more

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Alembic Pharmaceuticals allots NCDs aggregating Rs 350 crore

Alembic Pharmaceuticals has allotted NCDs on 14 December 2018 on private placement basis :

1. 1,500 9% Rated Unsecured Listed Redeemable Non-Convertible Debentures ('NCDs') of Rs....read more

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IndusInd Bank allots 2 53 lakh equity shares

 

IndusInd Bank has allotted 2,53,600 equity shares of Rs. 10 each on 14 December 2018 to those grantees who had exercised their option under the Company's Employee Stock Option ...read more

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Vikas Wsp introduces Ozonised Wheat Flour

Vikas Wsp has produced Ozonised Wheat Flour which is free from all pesticides, herbicides, fungicides, fungus metabolites, micotoxins, storage insecticide residues and adhered dust. Ozonation is do...read more

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City Union Bank opens new branch at Chennai

 

City Union Bank has inaugurated its 611th branch at Nelson Manickam Road, Chennai - 600 029.

...read more

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Infosys forms JV with Hitachi Panasonic Corporation and Pasona Inc

Infosys announced the formation of a joint venture with Hitachi, Panasonic Corporation and Pasona Inc., strategically enhancing its presence in Japan. Executing on its strategy to help clients navi...read more

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Indian Energy Exchange to hold board meetingt

 

Indian Energy Exchange will hold a meeting of the Board of Directors of the Company on 20 December 2018.

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R Systems International to convene board meeting

 

R Systems International will hold a meeting of the Board of Directors of the Company on 21 December 2018.

...read more

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Next Mediaworks to conduct board meetingt

 

Next Mediaworks will hold a meeting of the Board of Directors of the Company on 20 December 2018.

...read more

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Adani Transmission incorporates subsidiary AEML Infrastructure

 

Adani Transmission has incorporated a wholly owned subsidiary namely, AEML Infrastructure on 12 December 2018.

...read more

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TVS Motor launches three new products and a stateof theart showroom in Peru

TVS Motor Company announced the launch of their super premium offering TVS Apache RR 310, the 125cc connected scooter TVS NTORQ 125 and the race machine TVS Apache RTR 160 4V for the Peru market....read more

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Torrent Pharmaceuticals redeems NCDs aggregating Rs 100 cr

 

Torrent Pharmaceuticals has redeemed Secured Redeemable Non-Convertible Debentures (NCDs) of Rs 100 crore out of the total NCDs of Rs 500 crore on 13 December 2018.

...read more

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Indiabulls Ventures allots 10 76 lakh CCDs aggregating Rs 59 20 cr

 

Indiabulls Ventures has allotted 10,76,363 Compulsorily Convertible Debentures of face value of Rs. 550/- each ('CCDs'), for a value aggregating to approx. Rs. 59.20 crore,...read more

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Advanced Enzyme Technologies emerges winner at India Pharma Awards 2018 Excellence in R&D

Advanced Enzyme Technologies has been adjudged as the winner of the India Pharma Awards 2018 - Excellence in R&D (Development of new product/technology). As informed by UBM India, the winners h...read more

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Advanced Enzyme Technologies emerges winner at India Pharma Awards 2018 Excellence in R D

Advanced Enzyme Technologies has been adjudged as the winner of the India Pharma Awards 2018 - Excellence in R&D (Development of new product/technology). As informed by UBM India, the winners h...read more

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Jain Irrigation bags order worth Rs 584 crore

Jain Irrigation Systems has bagged an order of Integrated Micro Irrigation Project in Karnataka after successful execution and commissioning of more than a dozen large sized integrated micro irriga...read more

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Dilip Buildcon gets revision in credit ratings for bank facilities

Dilip Buildcon has received ratings from CARE for bank facilities as under -

Long term bank facilities (Rs 1998.09 crore) - CARE A; Stable (Revised from CARE A+ and removed from credit wa...read more

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Premier Explosives receives order from an Israel company

 

Premier Explosives has received an order from an Israel company for Design, Development, Fabrication and Assembly of Rocket Motors. Order amount is USD 41,000 and is to be executed...read more

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Dhunseri Petrochem renamed as Dhunseri Ventures

 

Dhunseri Petrochem announced that the name of the company has changed to Dhunseri Ventures.

...read more

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NBCC India announces change in Government Nominee Director

 

NBCC (India) has appointed K. Sanjay Murthy, Additional Secretary (D&W), Ministry of Housing and Urban Affairs as Government Nominee Director on the Board of the NBCC (India) w...read more

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Board of Indian Oil Corporation approves buyback of shares

Indian Oil Corporation announced that the Board of Directors of the Company at its meeting held on 13 December 2018, inter alia, has approved the following:

1. Buyback of the fully paid e...read more

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Kilburn Chemicals to convene board meeting

 

Kilburn Chemicals will hold a meeting of the Board of Directors of the Company on 24 December 2018.

...read more

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Unishire Urban Infra to hold board meeting

 

Unishire Urban Infra will hold a meeting of the Board of Directors of the Company on 21 December 2018.

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Sai Industries announces board meeting date

 

Sai Industries will hold a meeting of the Board of Directors of the Company on 17 December 2018.

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Dhanuka Agritech schedules board meeting

 

Dhanuka Agritech will hold a meeting of the Board of Directors of the Company on 20 December 2018.

...read more

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P M Telelinnks appoints company secretary

 

P.M. Telelinnks announced that Sakshi Gupta bearing Membership No: 57154 has been recruited for the post of Company Secretary/Compliance Officer of the company.

...read more

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IDFC Bank gets NCLT approval for composite scheme of amalgamation

 

IDFC Bank announced the approval of National Company Law Tribunal to the Composite Scheme of Amalgamation of Capital First, Capital First Home Finance and Capital First Securities ...read more

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NIIT Technologies gets NCLT approval for scheme of amalgamation

NIIT Technologies has received approval of National Company Law Tribunal, New Delhi Bench for the scheme of amalgamation of PIPL Business Advisors and Investment and GSPL Advisory Services and Inve...read more

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Board of Techno Electric Engineering approves buyback of shares

Techno Electric & Engineering announced that the Board of the company at its meeting held on 13 December 2018 has approved buyback of upto 26,82,400 equity shares at a price of Rs 410 per equit...read more

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Lupin receives USFDA tentative approval for Dimethy Fumarate Delayed Release Capsules

Lupin announced that it has received tentative approval for itsDimethyl Fumarate Delayed Release Capsules, 120 mg and 240 mg from the United States Food and Drug Administration (FDA).

Lup...read more

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Board of Gravity India approves sale of premises in Mumbai

 

The Board of Gravity (India) has approved the proposal for sale of premises of the company located at Andheri (East), Mumbai.

...read more

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Rolcon Engineering Company announces demise of director

 

Rolcon Engineering Company announced the sad demise of Dakshaben S. Amin (DIN: 00368790), Non- Executive Woman Director on 03 December 2018.

...read more

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Maruti Suzuki India receives Commendation for Significant Achievement at the CII ITC Sustainability awards 2018

 

Maruti Suzuki India received the 'Commendation for SignificantAchievement' at the CII-ITC Sustainability awards 2018. The recognition of 'Commendation for Significant A...read more

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Over 5 02000 Beneficiaries Assisted Under PMEGP

A total of 5,02,085 beneficiaries and projects have been assisted under the Prime Minister Employment Generation Programme (PMEGP) in 2018-19 (as on 30.11.2018) since its inception in 2008-09. This...read more

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NBCC India wins new orders worth Rs 743 26 cr

 

NBCC (India) has secured total business of Rs 743.26 crore in the month of November 2018.

...read more

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La Opala RG gets revision in credit ratings

La Opala RG announced that CARE has revised the company's credit ratings as follows -

Long term bank facilities (Rs 5 crore) - CARE AA; Stable (Revised from CARE AA-; Stable)

<...read more

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Sasken Technologies recognised as Aspirant in Digital Services

 

Sasken Technologies announced that it has been recognised by Everest Group as an Aspirant in its latest report titled, Digital Service PEAK Matrix Assessment and Market Trends 2019...read more

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Vikas Wsp wins orders worth Rs 206 78 crore

 

Vikas Wsp has received orders for Rs.206.78 crore Thermogel-20 guar gum for health care applications for the production of coconut-milk from its MNC customers to satisfy their over...read more

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Amara Raja Batteries announces cessation of CFO

 

Amara Raja Batteries announced that S V Raghavendra, Chief Financial Officer retired from the services of the Company on attaining the age of superannuation effective from close of...read more

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Suzlon secures 50 4 MW order from Atria Power

Suzlon Group announced its maiden order win for development of 50.4 MW wind power project from Atria Power. Suzlon will install 12 units of S1l1-140m and 12 units of S120-140m wind turbine generato...read more

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Capital First raises Rs 1048.20 cr

Capital First announced that the Debenture Committee of the Company vide Resolution passed by Circulation 12 December 2018, has inter alia approved the allotment of Rated, Unlisted, Secured, Redeem...read more

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Kids Medical Systems schedules EGM

 

Kids Medical Systems announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 4 January 2019 .

...read more

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Ashoka Buildcon schedules board meeting

 

Ashoka Buildcon will hold a meeting of the Board of Directors of the Company on 17 December 2018.

...read more

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Radhagobind Commercial to convene board meeting

 

Radhagobind Commercial will hold a meeting of the Board of Directors of the Company on 20 December 2018.

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Quasar India to convene EGM

 

Quasar India announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 18 January 2019 .

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Neogem India to hold board meeting

 

Neogem India will hold a meeting of the Board of Directors of the Company on 18 December 2018.

...read more

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Neogem India to hold board meeting

 

Neogem India will hold a meeting of the Board of Directors of the Company on 18 December 2018.

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Music Broadcast to hold board meeting

 

Music Broadcast will hold a meeting of the Board of Directors of the Company on 31 December 2018.

...read more

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Scan Steels announces board meeting date

 

Scan Steels will hold a meeting of the Board of Directors of the Company on 18 December 2018.

...read more

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Balmer Lawrie Company to table results

 

Balmer Lawrie & Company will hold a meeting of the Board of Directors of the Company on 7 January 2019.

...read more

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Springform Technology EGM scheduled

 

Springform Technology announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 5 January 2019 .

...read more

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Bemco Hydraulics to conduct board meeting

 

Bemco Hydraulics will hold a meeting of the Board of Directors of the Company on 21 December 2018.

...read more

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Cindrella Hotels to conduct board meeting

 

Cindrella Hotels will hold a meeting of the Board of Directors of the Company on 15 December 2018.

...read more

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Binayaka Tex Processors to hold board meeting

 

Binayaka Tex Processors will hold a meeting of the Board of Directors of the Company on 21 December 2018.

...read more

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EU General Court upholds decision holding Lupin liable to pay fine of EUR 40 mn

Lupin announced that the General Court of the European Union has delivered its judgment concerning Lupin's and other companies appeal against the European Commission's (EC) 2014 decision in...read more

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Strides receives USFDA approval for Lidocaine Ointment

Strides Pharma Science announced that its step‚Äźdown wholly owned subsidiary, Strides Pharma Global, Singapore, has received approval for Lidocaine Ointment USP 5% from the United States Food &...read more

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SORIL Infra Resources plans foray in lending business in rural markets

SORIL Infra Resources announced that to participate in the lending opportunities in unserved rural India, the Company has initiated the process to foray into financial services business with primar...read more

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SGN Telecoms announces change in directorate

SGN Telecoms has made the following changes in directorate -

1 Appointment of Ramesh Kumar (DIN:08290247) as an Additional Director (Independent)

2 Accepted the resignation of R...read more

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Yes Bank allots 3 61 lakh equity shares

 

Yes Bank has allotted 3,61,890 equity shares of Rs 2 each on 12 December 2018 under ESOP. The paid up share capital of the Bank has increased to Rs 462,46,29,550 consisting of 2312...read more

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Sonata Software to acquire US based Microsoft Dynamics 365 Field Service partner Sopris Systems

Sonata Software announced it has signed definitive agreement to acquire US-headquartered Sopris Systems. Sopris Systems is a Microsoft Dynamics 365, Enterprise partner specializing in helping proje...read more

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Emkay Insurance Brokers to transfer its insurance broking business to Ideal Insurance Brokers

Emkay Global Financial Services announced that its subsidiary - Emkay Insurance Brokers (EIBL) has finalised an arrangement with Ideal Insurance Brokers for transfer of insurance broking business o...read more

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Jubilant FoodWorks gets majority stake in JV Jubilant Golden Harvest

 

Jubilant FoodWorks has been allotted 51,00,000 ordinary equity shares at a par value of BDT 10 (Bangladesh Taka Ten) each, in Jubilant Golden Harvest (JV Company) on 11 December 20...read more

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NCLT orders for liquidation of Nagarjuna Oil Corporation

 

Nagarjuna Oil Refinery announced that the Hon'ble National Company Law Tribunal, Chennai Bench vide its order dated 11 December 2018 ordered for Liquidation of Nagarjuna Oil Co...read more

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Wipro achieves Cloud Elite status in Oracle PartnerNetwork Cloud program

Wipro has achieved 'Cloud Elite' status in the Oracle PartnerNetwork (OPN) Cloud Program.

The Oracle Cloud Elite status is conferred upon highly skilled Oracle partners who have m...read more

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Bank of Baroda to consider fund raising by way of Tier II Bonds

 

Bank of Baroda's Capital Raising Committee will meet on 17 December 2018 to approve raising of funds through Basel III Compliant Tier II Bonds.

...read more

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TVS Motor Company wins 2 key awards at CII ITC Sustainability Awards 2018

TVS Motor Company bagged 2 prestigious awards at the CII-ITC Sustainability Awards 2018 held in Delhi. The categories for which the company won the awards are namely the 'Corporate Excellence A...read more

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Larsen Toubro Infotech allots 99 687 equity shares

 

Larsen & Toubro Infotech has allotted 99,687 equity shares of face value of Re. 1/- each under the various Employee Stock Option Schemes of the Company, on 12 December 2018....read more

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Shriram Transport Finance Company allots NCDs aggregating Rs 660 cr

Shriram Transport Finance Company announced that the Allotment Committee - NCDs of the Company in its meeting held on 12 December 2018, approved and allotted 6600 Rated, Unsecured, Subordinated, Ta...read more

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Housing Development Finance Corporation allots 1.83 lakh equity shares

 

Housing Development Finance Corporation has allotted 1,83,373 equity shares of Rs 2 each of Corporation under ESOP. Post allotment of the above shares, the paid up equity share cap...read more

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Board of Hindusthan Urban Infrastructure allots preference shares to HEIL

The Board of Hindusthan Urban Infrastructure at its meeting held on 12 December 2018 has issued and allotted 9,51,89,700, 1% Redeemable Non-Cumulative Non-Convertible Preference Shares (NCPS) of Rs...read more

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Board of Ambuja Cements approves additional investment of Rs 960 cr for expansion at Marwar Mundwa

The Board of Ambuja Cements at its meeting held on 12 December 2018 has approved an additional annual clinker capacity of 1.4 million tonnes (taking the total clinker capacity to 3.1 million tonnes...read more

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Board of Ambuja Cements accepts resignation of MD CEO

 

The Board of Ambuja Cements has approved the resignation of Ajay Kapur, MD & CEO of the company with effect from 01 March 2019.

...read more

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SVP Global Ventures to inaugurate Cotton Yarn Spinning Unit in Oman

 

SVP Global Ventures announced that SV Pittie Sohar Textiles (FZC) LLC's Cotton Yarn Spinning Unit In Oman is being inaugurated by His Highness Sayyid Taimur Bin Assad Bin Tariq...read more

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Board of Ambuja Cements accepts resignation of MD CEO

 

The Board of Ambuja Cements has approved the resignation of Ajay Kapur, MD & CEO of the company with effect from 01 March 2019.

...read more

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Sandhar Technologies director resigns

 

Sandhar Technologies announced that Gaurav Dalmia, (DIN: 00009639) has resigned from the position of Independent Director of the company with effect from 11 December, 2018.

...read more

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Tribhovandas Bhimji Zaveri to shift its showroom in Ghatkopar Mumbai

 

Tribhovandas Bhimji Zaveri will shift its existing Ghatkopar (Mumbai) showroom on 12 December, 2018 to new location situated at G-02 & G-03, Ground Floor, Manratna Business Par...read more

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Stides Vivimed gets USFDA approval for Albendazole Tablets

Vivimed Labs announced that its 50:50 JV Strides Vivimed, Singapore has received approval for Albendazole Tablets USP 200mg from the united States Food & Drug Administration (USFDA). This is th...read more

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SVP Global Ventures to inaugurate Cotton Yarn Spinning Unit in Oman

 

SVP Global Ventures announced that SV Pittie Sohar Textiles (FZC) LLC's Cotton Yarn Spinning Unit In Oman is being inaugurated by His Highness Sayyid Taimur Bin Assad Bin Tariq...read more

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Krypton Industries gets revision in credit ratings

Krypton Industries announced that CRISIL has revised the credit ratings for bank loan facilities of Rs 20.1 crore of the company as under -

Long term rating - CRISIL BB-/ Stable (Upgrade ...read more

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Krypton Industries gets revision in credit ratings

Krypton Industries announced that CRISIL has revised the credit ratings for bank loan facilities of Rs 20.1 crore of the company as under -

Long term rating - CRISIL BB-/ Stable (Upgrade ...read more

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ICRA assigns credit ratings to Remsons Industries

Remsons Industries announced that ICRA has assigned credit rating for Rs 29.90 crore as under -

Long term rating - ICRA BBB-; Stable (outlook revised from Positive)
Short term rati...read more

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Premier Chennai Properties appoints director

 

Premier Chennai Properties appoints Shabbir Mangalorewala, as the Non-Executive Independent Director of the Company subject to the approval of the Shareholders of the Company

...read more

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Board of ACC approves capex of Rs 3000 crore to set up two facilities

The Board of ACC at its meeting held on 12 December 2018 has transacted the following -

Granted its approval for setting up a Greenfield Integrated Cement Plant at Ametha. District Katnl,...read more

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Outcome of board meeting of Ashapura Minechem

Ashapura Minechem announced that the Board of Directors at its meeting held on 11 December 2018 have considered its current legal premise; its financial obligations and the legal opinion solicited ...read more

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NBCC India wins order worth Rs 172 crore

 

NBCC (India) has received a Letter of Award (LoA) of work from Ministry of Skill Development and Entrepreneurship, Govt. of India for construction of office building i.e. Kaushal B...read more

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Kaveri Seed Company to convene board meeting

 

Kaveri Seed Company will hold a meeting of the Board of Directors of the Company on 20 December 2018.

...read more

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High Street Filatex schedules board meeting

 

High Street Filatex will hold a meeting of the Board of Directors of the Company on 19 December 2018.

...read more

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Bilcare to hold board meeting

 

Bilcare will hold a meeting of the Board of Directors of the Company on 14 December 2018.

...read more

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United Bank of India to convene board meeting

 

United Bank of India will hold a meeting of the Board of Directors of the Company on 14 December 2018.

...read more

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VBC Ferro Alloys to conduct board meeting

 

VBC Ferro Alloys will hold a meeting of the Board of Directors of the Company on 14 December 2018.

...read more

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Nimbus Projects schedules board meeting

 

Nimbus Projects will hold a meeting of the Board of Directors of the Company on 28 December 2018.

...read more

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Hindustan Wires announces board meeting date

 

Hindustan Wires will hold a meeting of the Board of Directors of the Company on 19 December 2018.

...read more

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Dhanuka Commercial schedules EGM

 

Dhanuka Commercial announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 3 January 2019 .

...read more

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Shradha Infraprojects Nagpur to conduct EGM

 

Shradha Infraprojects (Nagpur) announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 11 January 2019 .

...read more

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Oracle Financial Services Software schedules board meeting

 

Oracle Financial Services Software will hold a meeting of the Board of Directors of the Company on 27 December 2018.

...read more

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Alexander Stamps And Coin EGM scheduled

 

Alexander Stamps And Coin announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 10 January 2019 .

...read more

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Zydus Wellness to conduct EGM

 

Zydus Wellness announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 4 January 2019 .

...read more

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Honeywell Automation India wins Golden Peacock Award 2018 for Corporate Ethics

 

Honeywell Automation India has won the Golden Peacock Award 2018 for Corporate Ethics. The award is a recognition of Honeywell's efforts in building a culture of strong corpora...read more

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City Union Bank opens new branch at Katargam Surat Gujarat

 

City Union Bank has opened a New Branch at Katargam Surat, Gujarat State on 12 December 2018.

...read more

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Sterlite Tech brings on board two industry technology leaders

Sterlite Tech has on-boarded two industry technology leaders as it continues to design, build and manage smarter programmable networks.

The Company's software-enabled programmable sol...read more


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