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BUSINESS

Lactose India gets nod to avail loan up to Rs 50 crore

Lactose (India) has received an approval to avail term loan/working capital facility up to Rs 50 crore from Banks/Financial Institution. The Board of Directors of the company at its meeting held on August 5, 2019, approved the same. Lactose (India) is a leader and pioneer in the manufacturing of Lactose ... Read More »

Jindal Stainless gets nod to raise funds through various ways

Jindal Stainless has received approval to raise funds through issuance of Non-convertible Debentures (NCDs) of upto Rs 900 crore on private placement basis primarily to refinance existing debt/convertible instruments. The Board of Directors of the Company at its meeting held on August 05, 2019 has approved the same. The board ... Read More »

HDFC Bank launches ATM in Kedarnath Temple

HDFC Bank has become first bank in the country to launch its ATM in Kedarnath Temple premises. It is located at a height of 11,755 feet above sea level, this is the bank’s highest ATM in the country. It is also the only ATM within a 24-km radius of the ... Read More »

DQ Entertainments’ kids animated TV series moves into China

DQ Entertainment’s (DQE) latest kids animated TV series ‘The Psammy Show’ which is a co‐production with Disney Germany and Method Animation France has made its way to China as state broadcaster CCTV has picked up the rights to broadcast the show. The show will broadcast on CCTV’s children’s channel, CCTV ... Read More »

Muthoot Finance zooms on planning to raise funds

Muthoot Finance is currently trading at Rs. 621.25, up by 9.10 points or 1.49% from its previous closing of Rs. 612.15 on the BSE. The scrip opened at Rs. 600.00 and has touched a high and low of Rs. 626.80 and Rs. 600.00 respectively. So far 2048 shares were traded ... Read More »

Crude oil futures end lower on Monday

Crude oil futures ended lower on Monday as concern for a prolonged trade war and its risk to global crude demand was rekindled. Meanwhile, China’s currency weakened below the important level of 7 yuan to the dollar, sparking a global selloff in equities and other assets perceived as risky as ... Read More »

US markets end deeply in red as trade war intensifies

The US markets ended deeply in red on Monday as China allowed its currency to fall to a more-than-10-year low versus the dollar after President Donald Trump rattled markets by announcing additional tariffs on Chinese goods late last week. Trump accused China of currency manipulation even though his administration has ... Read More »

Bharat Dynamics inaugurates 5 MW solar power project

Bharat Dynamics has inaugurated a 5 MW Solar Power Project. The 5 MW plant project has 20,928 number of 265 wp and 270 wp modules powering the whole unit. The solar project, executed by Vikram Solar, India’s leading solar energy solutions provider, is expected to generate 79,00,000 units of energy ... Read More »