Nov 25, 2021
By: Rounak JainTo transfer its Jamnagar gasification undertaking to a new wholly-owned subsidiary as the company looks to unlock investor value.
Credit: Reliance-Industries
More price hikes could be in the offing as the company states it needs to protect profitability amid rising costs.
Credit: BCCL
It further added that high diesel and employee salaries threaten to eat into investor returns and future investments.
Credit: BCCL
Media reports suggest that the government might privatise these two banks.
Credit: BCCL
Its board has recommended a dividend of ₹8 per share for the financial year ended September 2021.
Credit: Siemens
State insurer LIC offloaded a 2.02 percent stake in the company, bringing down its holding to 9.83 percent.
Credit: Grasim-Industries
The Fevicol maker’s subsidiary has invested in Constrobot Robotics, which is engaged in the business of research, development and manufacturing of robotic equipment.
Credit: Pidilite-Industries
Commissioned a new waste heat recovery system that will help the company generate 5 megawatts of additional power.
Credit: Ramco-Cements
Crisil Ratings has upgraded the bank’s outlook to positive from stable with respect to its fixed deposit and long-term debt instruments.
Credit: AU-Small-Finance-Bank