Aksh Optifibre commissions FRP manufacturing facilities in China

Aksh Optifibre has successfully commissioned its FRP manufacturing facilities in China. With this, the company is on the verge of completing all its announced capex, except Dubai Optical Fibre plant, which is also due to get completed within the stipulated timeframe. Aksh Optifibre is engaged in the production of a variety of cables such as … Read more

Unichem receives EIRs for API manufacturing facilities located at Pithampur, Roha

Unichem Laboratories has received Establishment Inspection Reports (EIR) from the US Food and Drug Administration (USFDA) indicating closure of inspections at both the API manufacturing facilities located at Pithampur and Roha. The inspection at Pithampur was conducted by the USFDA from July 23, 2018 to July 27, 2018, while the inspection at Roha was conducted … Read more

Unichem surges on receiving EIRs for API manufacturing facilities located at Pithampur, Roha

Unichem Laboratories is currently trading at Rs. 212.00, up by 4.90 points or 2.37% from its previous closing of Rs. 207.10 on the BSE. The scrip opened at Rs. 209.95 and has touched a high and low of Rs. 219.45 and Rs. 206.40 respectively. So far 9492 shares were traded on the counter. The BSE … Read more

Manomay Tex India to avail credit facilities up to Rs 80.62 crore from Consortium Bank

Manomay Tex India has received an approval for availing Credit Facilities up to Rs 80.62 crore from Consortium Bank i.e. State Bank of India (Lead Bank), Industrial Estate Branch, Bhilwara and Oriental Bank of Commerce (Member Bank), Gandhi Nagar, Bhilwara. The Board of Directors of the company at their meeting held on October 15, 2018, … Read more

Brickwork upgrades rating of Som Distilleries’ loan facilities

Brickwork ratings has upgraded rating of Som Distilleries & Breweries’ bank/financial institutions loan facilities from BBB to BBB+. This reflects the robust business model of the company. Som Distilleries & Breweries is engaged in the business of brewing, fermentation, bottling, canning and blending of beer and Indian made foreign liquor.

CARE revises Eros International Media’s bank facilities ratings

Credit rating agency, CARE has revised the ratings assigned to Eros International Media’s bank facilities. The agency has revised rating of long term bank facilities worth Rs 563 crore to ‘BBB-/Stable’ from ‘BBB+’. The rating agency also revised rating of short term bank facilities worth Rs 187 crore to ‘A3’ from ‘A3+’. Eros International Media … Read more

SRG Housing Finance gets sanction for Rs 12 crore credit facilities

SRG Housing Finance has received sanction of credit facilities of Rs 12 crore by Nabsamruddhi Finance. The Board of Directors of the Company at its meeting held on October 3, 2018 considered the same. SRG Housing Finance is a housing finance company. The company is engaged in providing home loans for construction, additions, alterations, and … Read more

Vice President expresses concern over lack of adequate medical facilities in rural areas

Addressing the ‘Convocation Ceremony of Lady Hardinge Medical College, the Vice President urged the doctors to provide their services in the rural areas to ensure better health facilities there. He also said that doctors are believed to be second to god and so efforts should be made to maintain this image.