LiveRBI hikes repo rate by 25 bps
RBI hikes repo rate by 25 bps. The repo rate is now at 6.25%. It has also hiked reverse repo rate to 6%. Monetary Policy Committee (MPC)...
Category : Latest News
HCC bags a contract worth Rs.737 crore in Bangladesh
Hindustan Construction Company (HCC), in joint venture with MAX Group has bagged a contract worth USD 110 million in Bangladesh. The contract has been awarded by Russia’s State...
Glenmark gets USFDA approval for generic versions of Loestrin tablets
Glenmark Pharmaceuticals has received final approval for generic versions of Loestrin tablets, from the US health regulator. In a BSE filing the company stated, “Glenmark Pharmaceuticals...
Alidac Pharmaceuticals receives zero observations from USFDA
Alidac Pharmaceuticals, the wholly-owned subsidiary of Zydus Cadila has received zero observations, from the US health regulator. The US health regulator had conducted an inspection of its manufacturing...
Mcleod Russel to dispose 8 tea estates in Assam
Mcleod Russel has entered into a memorandum of understanding (MoU) to sell its 8 tea estates, to M.K. Shah Exports for Rs.331 crore. The tea estates...
Capital First, IDFC Bank receives RBI approval for merger
The Reserve Bank Of India (RBI), has given approval to Capital First and IDFC Bank for the scheme of amalgamation. Reserve Bank of India (RBI) conveyed no...
IIFL’s subsiday acquires 4% stake in Lakshmi Vilas Bank
IIFL’s subsidiary India Infoline Investment Services, has acquired over 4% stake in Lakshmi Vilas Bank for Rs.106 crore, via an open market transaction. As per the bulk...
CG Power bags Rs.319 crore order from Indian Railways
CG Power has bagged an order from the Indian Railways, worth Rs.319 crore. The order is for supplying Under Slung Electrics for Diesel Electric Tower...
Ather Energy launches e-scooter priced at Rs.1.24 lakh
Ather Energy has launched its electric scooter model Ather 450 priced at Rs.1.24 lakh (on road). Ather 450 is designed in a way suitable for...
Bharat Financial gets stock exchanges approval for merger with IndusInd
Bharat Financial Inclusion Ltd (BFIL) has received no-objection approval, from stock exchanges for its merger with IndusInd Bank. The company informed that, it has received...