Thursday , 18 July 2019
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South Indian Bank to raise Rs 500 crore via various means

South Indian Bank has received approval to raise funds up to Rs 500 crore, in Indian / foreign currency by way of issuance of debt securities including but not limited to non-convertible debentures, Bonds in domestic and / or overseas market, on a private placement basis. The Board of Directors of the Bank at its meeting held on June 15, ... Read More »

Trent planning to raise funds via various means

Trent is planning for raising funds through issue of equity shares or other securities including through rights issue or qualified institutions placement or debt issue or a preferential issue or any other permissible mode. The Board of Directors of the Company at its meeting to be held on June 18, 2019 to consider the same. Trent is part of the ... Read More »

L&T’s construction arm secures orders from various clients across India

Larsen & Toubro’s (L&T) construction arm — L&T Construction has secured orders from prestigious clients across various Indian states for its varied businesses. The company’s Water and Effluent Treatment business has bagged EPC order from the Delhi Jal Board for the design, construction, installation, automation, testing, commissioning and O&M of a 477 MLD water treatment plant (WTP), a 105 ML ... Read More »

MOIL revises prices of various grades of manganese ore

MOIL has fixed/revised prices of different grades of Manganese Ore and other products, effective from June 01, 2019. The prices of Ferro Grade, SMGR (Mn30% & Mn25%), Fines and Chemical Grades of Ore have been decreased by about 7.5% on the existing prices prevailing since April 01, 2019. MOIL is the largest iron ore company in India and fifth largest ... Read More »

India Glycols to raise Rs 250 crore through various means

India Glycols has received approval to raise funds not exceeding Rs 250 crore or its equivalent in any other currency, by way of issuance of securities including through public offering/ private placement/ qualified institutional placement or otherwise. The Board of Directors of the Company at its meeting held on May 21, 2019 has approved the same. India Glycols is engaged ... Read More »

Eminent personalities from various sectors cast their votes in Bengal

Kolkata : A number of business tycoons, well known film actors, sports personalities and political leaders who also formed a part of the 1.49 crore electorate in nine Lok Sabha constituencies in and around Kolkata, cast their votes in the 7th and last phase of Lok Sabha elections here today. While noted industrialist and the head of Rs 15,000 crore ... Read More »

Star campaigners of various political parties hold rallies

Senior BJP leader and Prime Minister Narendra Modi on Thursday addressed five rallies,  two in West Bengal and three in Uttar Pradesh. In West Bengal, the Prime Minister targeted Mamata government saying Didi is humiliating the Constitution fearing imminent defeat in polls. He said that instead of attacking the Prime Minister of the country, Mamata Banerjee should focus on cracking ... Read More »

BSE to conduct mock trading session for various segments

Bombay Stock Exchange (BSE) has scheduled a mock trading session for various segments on May 4. The mock trading session will be conducted for equity, commodity derivatives, currency derivatives and equity derivatives segments. The login session for all the segments will start at 09:30 am and last till 10:00 am. The continuous trading for all the segments except equity will ... Read More »

IL&FS Transportation defaults on interest payments on various NCDs

IL&FS Transportation Networks has defaulted in payment of the interest around Rs 17.56 crore on various non-convertible debentures (NCDs), because of insufficient funds. IL&FS Transportation Networks is an India-based surface transportation infrastructure company. The company is a developer, operator and facilitator of surface transportation infrastructure projects, taking projects from conceptualization through commissioning to operations and maintenance under public to private ... Read More »

DHFL planning to raise funds via various means

Dewan Housing Finance Corporation (DHFL) is planning for raising of funds by way of issuance of equity shares and/or other securities of the Company including by way of preferential issue, qualified institutions placement or rights issue or any other permissible mode or a combination thereof through issue of prospectus and/or placement document and/or letter of offer and/or any other permissible ... Read More »

Electioneering heats up across various poll bound states

Prime Minister Narendra Modi addressed election rally at Latur in  Maharashtra, Chitradurga and Mysuru in Karnataka; Slamming Congress, Prime Minister said, Congress’ manifesto speaks Pakistan’s language; PM to also address public rally at Coimbatore  in Tamil Nadu.   AMIT SHAH ADDRESSES PUBLIC MEETING IN SHAMSHABAD, TELANGANA   BJP president Amit Shah addressed a public meeting in Shamshabad, Telangana. Amit Shah ... Read More »

CMI jumps on getting vendor approval from various companies

CMI scrip is currently trading at Rs. 159.00, up by 10.30 points or 6.93% from its previous closing of Rs. 148.70 on the BSE. The scrip opened at Rs. 155.00 and has touched a high and low of Rs. 162.05 and Rs. 152.50 respectively. So far 4147 shares were traded on the counter. The BSE group ‘B’ stock of face ... Read More »

PM Modi launches various projects in Tamil Nadu

Prime Minister dedicated to the Nation and laid the foundation stone for several road projects. These road infrastructure projects will strengthen road connectivity in various regions in Tamil Nadu and will ensure safe and fast journey for travellers. Prime Minister also laid the Foundation stone for the Restoration of Rail connectivity between Rameshwaram and Dhanushkodi. Prime Minister Modi laid the ... Read More »

PM Modi inaugurates various projects in Jharkhand

Foundation Stone for water supply schemes in areas inhabited by Particularly Vulnerable Tribal Groups was also laid by Prime Minister as well as Foundation Stone for the Centre for Tribal Studies, Acharya Vinoba Bhave University in Hazaribagh. Prime Minister inaugurated three medical college buildings at Hazaribagh, Dumka and Palamu.  He also laid the Foundation Stone for four 500-bedded hospitals at ... Read More »

PM Modi inaugurates and lays foundation stone of various projects in Jhansi

PM Modi laid the foundation stone of Defence Corridor in Jhansi. Jhansi is one of the six nodal points of the Uttar Pradesh defence corridor. He also laid the foundation stone of doubling of 425-kilometre long Jhansi-Manikpur and Bhimsen-Khairar railway lines. The Prime Minister inaugurated the electrification of 297-kilometre long section of Jhansi – Khairar section. He also inaugurated Pahari ... Read More »

PM Modi launches various development projects In Haryana

Prime Minister Narendra Modi gave a boost to healthcare facilities in Haryana. He dedicated to the nation the National Cancer Institute at the AIIMS Jhajjar campus. This is a state of the art Tertiary Cancer care cum Research Institute. The 700 bed hospital has different facilities like surgical oncology, radiation oncology, medical oncology, anesthesia, palliative care and nuclear medicine. The ... Read More »


The Lok Sabha passed the interim budget on Monday amid an opposition walkout. The interim budget proposals were discussed in the Lok Sabha, after which the House passed it. Finance Minister Piyush Goyal in his repoly expressed confidence that his government would return to present the full budget. Highlighting the PM Kisan Samman Nidhi, he said in the next ten ... Read More »

PM lays foundation stone of various development projects in Arunachal Pradesh 

Prime Minister Modi also launched Arun Prabha Channel. This is a 24×7 dedicated channel for north eastern parts of the country. The channel is the 24th channel in the Doordarshan basket. PM Modi said that the launch of DD Arun Prabha will help in promotion of cultural heritage of this region.  Prime Minister laid the foundation stone of Green Field Airport at ... Read More »

PM inaugurates and lays foundation stone for various development projects in Leh

The Prime Minister is on a day-long visit to Jammu and Kashmir. He laid foundation stone for a 480 crore rupee Terminal Building at Leh Airport. Mr Modi inaugurated the 9-megawatt Dah hydroelectric project.  Located in Dah near village Datang, the project is a run-of-the-river scheme.  The Prime Minister also dedicated to the nation the 220 KiloVolt Srinagar-Alusteng-Drass-Kargil-Leh transmission system. ... Read More »

PM inaugurates various development projects in Dadra & Nagar Haveli

Saturday turned out to be a historic day for Dadra and Nagar Haveli. Prime Minister Narendra Modi on his second visit to the Union territory since 2014, laid the foundation stone of a medical college with a capacity of 150 students. This will be built at a cost of Rs 189 crore. Classes will start in the college from the ... Read More »

ICRA reaffirms Dynamatic Technologies’ ratings on various financial instruments

Credit rating agency, ICRA has reaffirmed Dynamatic Technologies’ long-term rating of BBB+ outstanding on the Rs 369 crore term loans, the Rs 145 crore long-term fund-based limits and Rs 0.01 crore proposed limits. The rating agency has also reaffirmed the short-term rating of A2 outstanding on the Rs 23 crore short-term non fund-based facilities and the Rs 50 crore short ... Read More »

City Union Bank opens various branches in Tamil Nadu

City Union Bank has opened various branches in the state of Tamil Nadu on December 27, 2018. The bank has opened 613th branch at Neelanqarai, while 614th branch at Mugalivakkam and 615th branch at Perumalpattu, Thiruvallur District in the state of Tamil Nadu. City Union Bank offers a suite of products across deposits, loans, investment solutions, payments and cards and ... Read More »