Hind Rectifiers is currently trading at Rs. 171.20, up by 3.30 points or 1.97% from its previous closing of Rs. 167.90 on the BSE. The scrip opened at Rs. 162.80 and has touched a high and low of Rs. 171.25 and Rs. 153.90 respectively. So far 14696 shares were traded on the counter. The BSE … Read more
IDFC and its subsidiaries — IDFC Financial Holding Company (IDFC FHCL) and IDFC Infrastructure Finance (IDFC IFL) — have entered into a definitive agreement with National Investment and Infrastructure Fund II (NIIF II). Pursuant to the said Agreement, NIIF II shall acquire controlling interest in IDFC IFL from IDFC FHCL. IDFC is the country’s leading … Read more
Bodal Chemicals has received an approval to incorporate wholly owned subsidiaries of the company in India, Turkey and Bangladesh. The Board of Directors of the company at their meeting held on October 25, 2018, has approved the same. Bodal Chemicals is an Integrated and Innovative company, offering end-to-end solution to its customers globally. The company … Read more
HCL Infosystems’ subsidiary — HCL Insys Pte., Singapore — has received an approval to sell the entire ownership and control held by Nurture Technologies FZE in its direct subsidiaries namely Gibraltar Technologies LLC (Dubai) and Gibraltar Technologies LLC (Abu Dhabi). The Board of Directors of the company at their meeting held on October 15, 2018, … Read more
15/1/2018 – State-owned oil and gas company PetroVietnam is looking to place three of its subsidiaries for an Initial Public Offering this month. The three wholly-owned subsidiaries are Binh Son Refining and Petrochemical (BSR), PetroVietnam Oil Corporation (PV Oil), and PetroVietnam Power Corporation (PV Power). BSR and PV Oil is slated to debut on the … Read more
Strides Shasun has received an approval for the Scheme of Amalgamation for the merger of its wholly owned subsidiaries (WOSs) viz., Arrow Remedies, Fagris Medica and Strides Chemicals, with itself. The Board of Directors of the company at their meeting held on October 31, 2017, considered and approved the same. The merger is expected to … Read more
