Maruti Suzuki’s iconic brand Swift has registered a momentous two million sales landmark since its first launch in India in May 2005. Swift has created a glorious legacy by being the preferred choice of the Indian customers owing to its dynamic features, global styling, sporty, solid and bold stance and power-packed performance. Maruti Suzuki India … Read more
India Finsec has made an investment of Rs 2.84 crore in IFL Housing Finance, subsidiary of the company, via purchase of 28,40,000 equity shares at rate of Rs 10 each through right issue on November 24, 2018. India Finsec is an India-based non-banking financial company (NBFC). The company’s principal activities include providing finance and dealing … Read more
NR Agarwal Industries has temporarily shut down operations of its Unit 2 for a period of 30 days with effect from November 25, 2018 for the purpose of annual maintenance. NR Agarwal Industries is an India-based company. The company is engaged in the business of manufacturing of paper boards and newsprint. The company’s products include … Read more
NMDC has reported 15.47 million tonne (MT) of iron ore production and logged sales volume of 16.55 MT up to the month of October 2018. The company’s Chhattisgarh mines produced 9.64 MT of iron ore and registered sales volume of 6.81 MT, while Karnataka mines produced 5.83 MT of iron ore and sold 9.74 MT … Read more
Sunil Agro Foods has commenced commercial production on the expanded capacity. Sunil Agro Foods is engaged in the manufacture of Wheat products namely Maida (Wheat Flour), Sooji (Semolina), Atta – (Wheat Resultant Atta) and Bran (Wheat Bran) as well as Whole Wheat Atta extracted out of wheat. Bhupendra Singh ChundawatBhupendra Singh Chundawat is a seasoned … Read more
Nava Bharat Ventures and its subsidiary — Nava Bharat Energy (India) — have signed contracts with Tata Power Trading for power supply of 25 MW and 100 MW respectively to Telangana State Grid. The contracts commence from January 15, 2019 to April 30, 2019 and are at a net price of Rs 5.75 per unit. … Read more
Housing Development Finance Corporation (HDFC) is planning to raise up to Rs 8500 crore by issuing bonds on a private placement basis to shore up long-term capital needs. The object of the issue is to augment the long-term resources of the Corporation. The secured redeemable non-convertible debentures (NCDs) with an issue size of Rs 500 … Read more
