NIA files chargesheet against six LeM terrorists planning terror attacks

nia files charge sheet in a case related to attack on police

Jammu : The National Investigation Agency (NIA) on Wednesday filed a chargesheet against six terrorists of Lashkar-e-Mustafa (LeM) outfit, a frontal organisation of Pakistan-based Jaish-e-Mohammed (JeM), who were planning attacks in Jammu and Kashmir and other parts of the country. Those chargesheeted include self-styled chief commander of the LeM, Hidayat Ullah Malik, and a woman, … Read more

Govt planning to sell ONGC’s 149 fields to private companies

The government is planning to sell as many as 149 small and marginal oil and gas fields of Oil and Natural Gas Corporation (ONGC) to private and foreign companies. The government is also planning to allow the state-owned firm to focus only on big fields. ONGC is India’s largest government-run corporation and produces about 70% … Read more

Aries Agro planning for divestments

Aries Agro is planning for divestment by the Subsidiary Golden Harvest Middle East FZC, UAE from the Step Down Subsidiary Amarak Chemicals FZC, UAE. The meeting of the Board of Directors of the company will be held on November 14, 2018, to consider the same. The company is also planning for divestment by the company … Read more

Pankaj Polypack planning to acquire stake in Morbido Merchandise

Pankaj Polypack is planning to acquire 300 equity shares of Rs 10 each face value of Morbido Merchandise constituting to 0.30% of the paid up capital of the company, in which the company holds 99.70% equity. The meeting of the Board of Directors of the company is scheduled to be held November 13, 2018, to … Read more

Worldwide Leather Exports planning to raise fund up to Rs 1 crore

Worldwide Leather Exports is planning to raise fund by way of an issue of Equity Shares of the company on preferential basis to public shareholders aggregating up to Rs 1 crore. The meeting of the Board of Directors of the company is scheduled to be held November 13, 2018, to consider the same. Worldwide Leather … Read more

Johnson Controls planning to expand its existing design, development capabilities

Johnson Controls-Hitachi Air Conditioning is aiming to strengthen its product offerings and provide customers with state-of-the-art technology benefits. Hence, company is planning to expand its existing design and development capabilities by setting up additional labs and hiring more engineers in a phased manner. Through this development center, the company plans to cater not only to … Read more

Satin Creditcare Network planning to raise funds via NCDs

Satin Creditcare Network is planning to issue Non-Convertible Debenture (NCD) for up to Indian Rupee (INR) equivalent of 30 million US Dollars through private placement. The Board Meeting of the company is scheduled to be held on November 14, 2018, to consider the same. Satin Creditcare Network is one of the largest Microfinance Institutions (MFI) … Read more

Jiya Eco-Products planning to enter into Joint Venture with Korkia

Jiya Eco-Products is planning to enter into Joint Venture with Korkia (Finland). The meeting of the Board of Directors of the company is scheduled to be held on November 05, 2018, to consider the same. Jiya Eco-Products is engaged in the manufacturing of bio-fuels viz. bio-briquettes and bio-pellets which is an alternative source of energy … Read more

Shree Surgovind Tradelink planning to avail credit facility of Rs 20 crore

Shree Surgovind Tradelink is planning to avail credit facility of Rs 20 crore by way of Electronice Dealer Financing Scheme (EDFS) of State bank of India, SME Backbay Reclamation Branch for purchasing goods from JSW Steel. The meeting of the Board of Directors of the company is scheduled to be held on October 26, 2048, … Read more

Tata Motors rises on the buzz of planning to launch new versions Tiago JPT, Tigor JPT

Tata Motors is currently trading at Rs. 172.50, up by 1.95 points or 1.14% from its previous closing of Rs. 170.55 on the BSE. The scrip opened at Rs. 170.00 and has touched a high and low of Rs. 175.70 and Rs. 169.80 respectively. So far 622804 shares were traded on the counter. The BSE … Read more

Indiabulls Real Estate planning to raise Rs 1,000 crore via NCDs

Indiabulls Real Estate is proposing to issue Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10 lakh each aggregating up to Rs 1,000 crore, on a private placement basis. The tenor will be up to 36 months. Indiabulls Real Estate is India’s third largest real estate company, with its focus on construction and development … Read more

Quantum Build-Tech planning to expand, diversify business activities

Quantum Build-Tech is planning for expansion and diversification of business activities of the company. The meeting of Board of Directors of the company will be held on October 27, 2018, to consider the same. Quantum Build-Tech is a public limited company listed with Hyderabad & Bangalore Stock Exchanges. Initially the company was able to develop … Read more

NTPC planning to start biomass co-firing at its thermal power stations

NTPC is planning to start biomass co-firing across all its coal-based thermal power stations in a view to reduce greenhouse gas emissions and cut pollution. Co-firing is the use of two different types of fuel for generation of electricity. The intension is to reduce air pollution caused due to burning of surplus agricultural residue in … Read more

Shriram Transport Finance planning to raise funds via NCDs

Shriram Transport Finance Company is planning to raise funds in ordinary course of business by way of issue of redeemable Non-Convertible Debentures (NCDs) on private placement basis. The meeting of Board of Directors of the company will be held on October 25, 2018, to consider the same. Shriram Transport Finance Company is a flagship company … Read more

Satin Creditcare Network planning to raise funds up to Rs 40 crore via NCDs

Satin Creditcare Network is planning to issue Non-Convertible Debentures (NCDs) up to the amount of Rs 40 crore through Private Placement. The meeting of Working Committee of the Board of Director of the company is scheduled to be held on October 18, 2018, to consider the same. Satin Creditcare Network is one of the largest … Read more

Hathway Cable and Datacom planning to raise funds

Hathway Cable and Datacom is planning to raise funds by issuance of equity shares through one or more methods including further public issue/ ADR/GDR/qualified institutional placement / preferential issue. The Board of Directors of the company at its meeting to be held on October 17, 2018 will consider and approve the same. Hathway Cable and … Read more

Den Networks planning to raise funds

Den Networks is planning to raise funds inter alia by issuance of equity shares through one or more methods including further public issue / ADR / GDR / qualified institutions placement / preferential issue. The meeting of the Board of Directors of the company is scheduled to be held on October 17, 2018, to consider … Read more

MTNL planning to come-up with 4G data services in Delhi, Mumbai: Report

Mahanagar Telephone Nigam (MTNL) is reportedly planning to come-up with 4G data services on the 1,800 Mhz and 2,100 Mhz spectrum in New Delhi and Mumbai, for which it has sought government’s approval for issuance of preferential capital worth Rs 6,292 crore. MTNL was set up by the Government of India to upgrade the quality … Read more