Bharat Financial Inclusion has completed the fourth securitization transaction of Rs 429.88 crore in FY19. With this transaction, the company has completed four securitization transactions worth Rs 2,334.71 crore in FY19. The entire pool qualifies for Priority Sector treatment as per the Reserve Bank of India’s Priority Sector lending guidelines. The pool has been rated … Read more
During his weeklong visit, he held wide range discussions with the President of Botswana, Mr. Mokgweetsi Masisi, the President of Zimbabwe Emmerson Mnangagwa and the President of Malawi, Peter Mutharika and other leaders in line with Prime Minister Narendra Modi had recently set out 10 guiding principles to enhance our engagement with Africa. The Vice … Read more
She said in a tweet message that India has achieved completion of her nuclear triad with the first successful deterrence patrol by INS Arihant. This places India in the league of the few countries that can design, construct and operate Strategic Strike Nuclear Submarines. Finance Minister Arun Jaitley said that India achieved the nuclear triad … Read more
Igarashi Motors India has completed the acquisition of export division of Agile Electric Sub Assembly as a going concern on Slump Sale in terms of Business Transfer Agreement which were executed between the company and Agile Electric Sub Assembly. Igarashi Motors India is engaged in the production and sales of D.C. motors for toys and … Read more
Greaves Cotton has completed the first phase of investment i.e. 67% of the equity shareholding in Ampere Vehicles on October 23, 2018, as a result of which Ampere Vehicles has become a subsidiary of the company. Greaves Cotton, a multi-product, multi-locational company is one of the leading engineering companies in India with core competencies in … Read more
L&T Technology Services (LTTS) has completed the acquisition of Bengaluru-based Graphene Semiconductor Services, a provider of end to end semiconductor services, with effect from October 15, 2018. Graphene’s strong offshore presence coupled with expertise in complete VLSI Chip Design & Embedded Software will enhance LTTS’ capabilities in the Semiconductor & Product OEM space. Following this … Read more
Aban Offshore has completed acquisition of 100% interest in a UK Continental Shelf Production License and sale of 50% interest in the same. Aban Offshore is engaged in the business of providing offshore drilling and production services. The Company’s operating segments include offshore oil drilling and production services, and wind power generation (Wind energy). It … Read more
