Fidelity Management to sell stake in LIC Housing Finance, the book size at $200 million. (CNBC-TV18 sources)
Coffee Day Enterprises clarifies that reports of ITC considering buying a stake in the company are incorrect.
NMDC cut iron ore lump, fines prices by Rs200/tonne from August 20.
ICICI Prudential Life sold 2.05% stake in Redington India on August 20.
Jai Corp decided to merge a wholly-owned subsidiary, Jai Realty Ventures Limited with itself.
Tata Sponge Iron received approval to change the name from ‘Tata Sponge Iron' to ‘Tata Steel Long Products Ltd’.
Kansai Nerolac entered biz transfer agreement with Polygel, Nerofix Promoters of Polygel.
Infosys expanded strategic partnership with Google Cloud to help clients accelerate their digital transformation with Cloud.
CRISIL has reaffirmed its 'BBB-/Stable' rating on the long-term bank facilities of Tasty Dairy Specialities.
Commercial Paper of Rs65cr of Jagran Prakashan has been redeemed on August 19, i.e. on the maturity date.
Urja Global has withdrawn agreement with Nippon Shinyaku Co. Ltd, Japan for the supply of product i.e. Zacobite for the five years, to avoid any further misunderstanding between the stakeholders and the company.
India Ratings & Research has affirmed BHEL's long-term issuer rating at 'AA+'. However, the outlook has been revised from 'Stable' to 'Negative'.
CRISIL reaffirmed long term and short term credit rating of NCL Industries.
Aspira Pathlab & Diagnostics approved the issue and allotment of up to 38 lakh equity shares at an issue price Rs26 per share to strategic investors not forming part of promoter or promoter group, on a preferential basis.
Electrosteel Castings approved the proposal for raising of funds by issuance of 2,74,72,526 equity shares on a preferential basis.
The Department of Telecom (DoT) has asked the Registrar of Companies (RoC) to put the Bharti Airtel-Tata Teleservices (TTSL) merger on hold as it is yet to grant its approval for the same, as per media reports.
Max Group's founder promoter Analjit Singh is in talks to sell his 10% stake in Max Financial Services, as per media reports.
Government accepted NTPC’s request for surrendering coal block in Odisha. The mine was allotted for developing 1,320 MW Bilhaur thermal power plant at Uttar Pradesh, the company said in a statement adding, it’s now is being developed as a solar plant. Moreover, it has signed a power purchase agreement with the state government.
MSTC: Uttar Pradesh government has extended the agreement with for e-tendering cum e-auction of minor minerals blocks (sand and morrum) and insipu rocks blocks for another one year. Signed two selling agency agreements with Chhattisgarh State Power Generation and Jindal Power, with a combined projected volume of business estimated to be Rs 115 crore.
Future Enterprises clarified that post the investigation Directorate of Revenue Intelligence has issued show cause notice in the matter. The company said that it is confident of no violation of any regulations for imports of garments under South Asian Free Trade Area Rules.
Dilip Buildcon's Board to consider the proposal of divestment of wholly owned arms to one or more potential investors on Aug. 26.
DHFL defaulted in payment of non-convertible debentures interest worth Rs50 lakh, which was due on Aug. 20.
ICICI Prudential Life Insurance decreased stake in Redington India from 7.4% to 5.3%.
V-Mart has opened three new stores in Nagaland, Jharkhand and Rajasthan.
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