Mumbai, Feb. 25 -- Gensol Engineering has signed a non-binding Term Sheet for an Rs 350 crore strategic transaction involving the sale of its US subsidiary, Scorpius Trackers Inc., to a major Renewabl... Read More
Mumbai, Feb. 25 -- The company will evaluate a proposals for fund raising through issuance of equity shares or any other equity linked instruments or securities including convertible preference shares... Read More
Mumbai, Feb. 25 -- The Reserve Bank of India (RBI) has announced that microfinance loans in the nature of consumer credit shall also be excluded from the applicability of higher risk weights of 125% a... Read More
Mumbai, Feb. 25 -- In November 2023, the Reserve Bank of India had increased the risk weights on banks credit exposures to NBFCs by 25 percentage points over and above the risk weight associated with ... Read More
Mumbai, Feb. 25 -- Torrent Green Energy (TGEPL), Wholly Owned Subsidiary of Torrent Power has incorporated Torrent Urja 35 (TU35) as a Wholly Owned Subsidiary of TGEPL and received Certificate of Inco... Read More
Mumbai, Feb. 25 -- GMR Airports has allotted 1,10,000 5% coupon INR denominated, Listed, Unsecured, Rated, Redeemable Non-Convertible Bonds of face value of Rs 1 lakh each for an aggregate Rs 1,100 cr... Read More
Mumbai, Feb. 25 -- Elgi Equipments has received reaffirmation in credit ratings from CRISIL for bank facilities of Rs 557.4 crore at CRISIL AA; Stable/ CRISIL A1+. Published by HT Digital Content Ser... Read More
Mumbai, Feb. 25 -- Lemon Tree Hotels announced the signing of Lemon Tree Hotel, Shirdi, Maharashtra. The property shall be managed by Carnation Hotels, a wholly-owned subsidiary of Lemon Tree Hotels, ... Read More
Mumbai, Feb. 25 -- Tejas Networks has allotted 3,04,463 equity shares under ESOP on 25 February 2025. With this allotment, the paid up equity share capital has increased to Rs 1,76,05,95,860/- divided... Read More
Mumbai, Feb. 25 -- The Board of UltraTech Cement at its meeting held on 25 February 2025 has declared the composite scheme of arrangement between Kesoram Industries and UltraTech Cement to be effectiv... Read More