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Bank of India reduces Repo Based Lending Rate to 8.35%

India, June 6 -- Bank of India announced that Repo Based Lending Rate (RBLR) has been reduced to 8.35% w.e.f. 06 June 2025.Today, RBI has revised the Repo Rate from 6.00% to 5.50% (decrease of 50 bps)... Read More


Bharat Electronics signs MoU with Tata Electronics

India, June 6 -- Bharat Electronics (BEL) announced the signing of a Memorandum of Understanding (MoU) with Tata Electronics towards the development of indigenous electronics and semiconductor solutio... Read More


Serra Bonita (associate company of Advanta Brazil/ UPL) to sell all its assets for USD 125 million

India, June 6 -- Advanta Com'rcio de Sementes Ltda. (Advanta Brazil), a global seed company, part of UPL Group, announces that Serra Bonita Sementes S.A. (Serra Bonita), a Brazilian associate company ... Read More


Rites signs MoU with Hindustan Copper

India, June 6 -- Rites signed a Memorandum of Understanding (MoU) with Hindustan Copper (HCL), a CPSE under the Ministry of Mines, to jointly develop a rapid, reliable, and sustainable supply chain of... Read More


Carbogen Amic AG to co-invest in its manufacturing sites in Switzerland

India, June 6 -- Dishman Carbogen Amcis' wholly owned subsidiary, CARBOGEN AMCIS AG, a pharmaceutical process development and Active Pharmaceutical Ingredient (API) and drug products manufacturing com... Read More


India Ratings Downgrades Greaves Cotton to 'IND AA-'; Outlook Stable

India, June 6 -- India Ratings and Research (Ind-Ra) has downgraded ratings of Greaves Cotton Limited (GCL) and its debt instruments to 'IND AA-' from 'IND AA'. The Outlook is Stable. Published by HT... Read More


India Ratings Downgrades Greaves Electric Mobility's Bank Facilities to 'IND A-'/Stable

India, June 6 -- India Ratings and Research (Ind-Ra) has downgraded Greaves Electric Mobility Limited's (GEML) bank facilities' rating to 'IND A-' from 'IND A'. The Outlook is Stable. Published by HT... Read More


India Ratings Downgrades M/S Golden Shelters's Bank Facility to 'IND D'

India, June 6 -- India Ratings and Research (Ind-Ra) has downgraded M/S Golden Shelters Pvt Ltd's (GSPL) bank facility's rating to 'IND D' from 'IND B+/Negative(ISSUER NOT COOPERATING)'. The Outlook w... Read More


India Ratings Affirms Wynford Investments at 'IND AA'; Outlook Stable

India, June 6 -- India Ratings and Research (Ind-Ra) has affirmed Wynford Investments Limited's (Wynford) Long-Term Issuer Rating at 'IND AA'. The Outlook is Stable. Published by HT Digital Content S... Read More


GE Vernova commissions India's first variable speed pumped storage unit at the country's largest hydropower complex

India, June 6 -- GE Vernova Inc. announced that it has commissioned the first of four 250 megawatts (MW) variable speed units at THDC India Limited's Tehri Pumped Storage Hydropower Plant, part of the... Read More