LiveUCO Bank to issue preference shares to govt for Rs.1,375 crore
UCO Bank has received approval from its board, for a proposal to issue equity shares on preferential basis, to the government for capital infusion of...
Category : Latest News
NTPC generated highest ever electricity in December quarter
NTPC has registered highest ever quarterly generation of power, for the 3 months period ended December 31. The company is the largest power producer in the country,...
Dixon Technologies JV starts manufacturing of CCTVs, DVRs
AIL Dixon Technologies, a joint venture company of Dixon Technologies (India) started manufacturing of CCTVs and DVRs on January 2, 2018. Dixon Technologies (India) is...
Aarti Drugs to consider buyback proposal
Aarti Drugs to consider share buyback proposal in a meeting of board of directors, which is to be held on January 8,2018. In a regulatory...
Orient Green Power disinvests in 8 biomass subsidiaries
Orient Green Power Company has disinvested 8 biomass subsidiaries to Janati Bio Power with effect from December 31,2017. Janati Bio Power is a subsidiary of...
L&T bags Rs.1,454 crore contracts
L&T’s construction arm has bagged contracts worth Rs.1,454 crore including one in Egypt. The Smart World & Communications Business Unit has received an order worth...
Punjab National Bank to divest entire stake in Principal PNB AMC JV
Principal Financial Group and Punjab National Bank (PNB) has signed shares purchase agreement for giving Principal Group full ownership of the Principal-PNB Asset Management Company...
Lemon Tree Hotels gets Sebi approval to launch IPO
Lemon Tree Hotels has received SEBI’s approval to float an initial public offering (IPO). The company had filed the draft red herring prospectus (DRHP) with...
Ashok Leyland sees 79% increase in December sales
Ashok Leyland has registered 79% growth in December 2017 sales volume. It sold 19,253 vehicles in December 2017, while in the corresponding period last year...
Ramco Systems receives order from aerial tour company
Ramco Systems has received an order from world’s largest and longest running aerial tour company, Papillon Grand Canyon Helicopters, to install Ramco Aviation Suite V5.8, for...