by PTI News | Feb 28, 2022 | 10:30 pm | Corporate Action, News
New Delhi, Feb 28 (PTI) The board of state-run Power Finance Corporation on Monday approved a proposal for borrowing Rs 82,000 crore in 2022-23. The board in its meeting held on February 28, 2022, approved borrowings of Rs 82,000 crore in 2022-23 through bonds, foreign currency borrowings, debentures, commercial papers among others, a BSE filing [...]
by PTI News | Feb 28, 2022 | 10:28 pm | News
New Delhi, Feb 28 (PTI) Defence Expo 2022 will have an event called Invest4iDEX, where startups will be able to pitch their ideas in front of a live audience, which will have reputed investors and venture capitalists, the defence ministry said on Monday. Defence Expo 2022 will be held in Gujarat's Gandhinagar from March 10 [...]
by PTI News | Feb 28, 2022 | 10:27 pm | News
Union Bank of India in co-lending tie-up with Ambit Finvest Mumbai, Feb 28 (PTI) State-run Union Bank of India on Monday announced a co-lending tie-up with Ambit Finvest aimed at serving small business borrowers. Under co-lending a bank typically depends on a smaller financial services player's network or underwriting to help target segments. ****** Tata [...]
by PTI News | Feb 28, 2022 | 10:23 pm | News
Mumbai, Feb 28 (PTI) Air India Express, the low-cost international budget arm of Air India, has said it is operating a flight to Bucharest in Romania to fly back Indian evacuees from war-torn Ukraine. Air India Express flight, IX-1201, which departed from the city's Chhatrapati Shivaji Maharaj International Airport at 1.50 pm on Monday, is [...]
by PTI News | Feb 28, 2022 | 10:12 pm | News
New Delhi, Feb 28 (PTI) An individual has settled with markets regulator Sebi a case related to alleged violation of insider trading norms while dealing in the shares of HDFC Bank. Samrat Dasgupta has settled the case by paying a settlement amount of nearly Rs 24 lakh to the Securities and Exchange Board of India [...]
by PTI News | Feb 28, 2022 | 9:55 pm | Corporate Action, News
New Delhi, Feb 28 (PTI) Mankind Pharma on Monday said it will acquire Panacea Biotec Pharma's formulations brands, for India and Nepal markets, for Rs 1,872 crore. Both the entities have entered into definitive agreements for the transaction involving a total consideration of Rs 1,872 crore. Panacea Biotec Pharma Ltd is a wholly-owned subsidiary of [...]
by PTI News | Feb 28, 2022 | 9:50 pm | News
New Delhi, Feb 28 (PTI) D B Realty on Tuesday said it has won a legal case regarding the title of a land owned by the company in Mumbai and will now develop a 2 million square feet office complex. In a regulatory filing, D B Realty informed that its subsidiary Esteem Properties owns about [...]
by PTI News | Feb 28, 2022 | 9:47 pm | Commodities, Commodity Prices, News
Mumbai, Feb 28 (PTI) The initial or short term impact of Russia's invasion of Ukraine for India will be experienced through inflationary pressures as the country is dependent on imported oil, a report said on Monday. Some sectors like oil and gas and both ferrous and non-ferrous metals can gain through this trend, while the [...]
by PTI News | Feb 28, 2022 | 9:19 pm | News
New Delhi, Feb 28 (PTI) Ravindra Energy said it will seek shareholders' approval to raise up to Rs 102 crore through issuance of warrants at its extraordinary general meeting (EGM) on March 23, 2022. The Board of Directors proposes to create, offer, issue and allot two crore warrants at the rate of Rs 51 per [...]
by PTI News | Feb 28, 2022 | 9:18 pm | News
Mumbai, Feb 28 (PTI) Aggregate sales of 1,701 listed manufacturing companies recorded a growth of 27.3 per cent in the third quarter of 2021-22 on an annual basis, aided by high sales growth in petroleum, non-ferrous metals, iron and steel, chemicals and textiles industries, according to RBI data released on Monday. RBI released the data [...]
