Central Bank of India Credit Ratings Affirmed at ‘IND AA’/Stable
India Ratings has affirmed Central Bank of India’s (CBOI) long-term issuer rating and its Basel III Tier-II bonds at ‘IND…
Ambuja Cements Merger of ACC and Orient Cement Approved
Ambuja Cements announces the amalgamation of ACC Limited and Orient Cement Limited, creating a cement powerhouse. The merger aims to optimize…
Ambuja Cements Board Approves Amalgamation of ACC and Orient Cement
Ambuja Cements’ Board has approved the amalgamation of ACC Limited and Orient Cement Limited, creating a consolidated ‘One Cement…
HFCL Approves QIP Issue with Floor Price at ₹65.84
HFCL Limited has announced the approval for a Qualified Institutions Placement (QIP) issue, setting the floor price at ₹65.84 per equity…
ACC Approves Amalgamation with Ambuja Cements to Drive Synergies
ACC Limited has approved a scheme of amalgamation with Ambuja Cements Limited. The merger aims to combine operations, drive growth, and…
Adani Ambuja Cement Board Approves Amalgamation of ACC and Orient Cement
Adani Ambuja Cement’s board has approved the amalgamation of ACC Limited with Ambuja Cements Limited, and Orient Cement Limited with…
Cummins India Penalty Imposed by Income Tax Department
Cummins India has received an order from the Income Tax Department imposing a penalty of Rs. 1,19,10,452. The penalty was levied under Section…
Prestige Group Expands Chennai Presence with 25-Acre Acquisition
Prestige Group has acquired a 25-acre land parcel in Medavakkam, Chennai, to develop a large-format project with a development potential of…
Bharti Hexacom Faces Penalty for Subscriber Verification Issues
Bharti Hexacom has received a notice from the Department of Telecommunications (DoT) imposing a penalty of ₹2,92,000. The penalty is related…
Biocon Issues Commercial Papers of ₹1,800 Crores
Biocon has announced the issuance of Commercial Papers (CP) amounting to ₹1,800 Crores on a private placement basis. The CPs have a tenure of…