Sep 7, 2021
By: Rounak JainRating agency ICRA has underlined that the company’s stressed balance sheet could impact lenders, employees and subscribers.
Credit: BCCL
It also stressed that government support is “critical” at this point of time.
Credit: Vodafone-Idea
Yes Bank has demanded the removal of directors of Dish TV and has opposed the ₹1,000 crore fundraising, saying it is intended to dilute the bank’s shareholding.
Credit: Dish-TV
Reported it has almost completed its ₹9,200 crore share buyback programme.
Credit: Infosys
Raised ₹400 crore via issuance of non-convertible debentures.
Credit: Edelweiss-Financial-Services
Its June quarter profit jumped over 3 times to ₹114 crore, but revenue declined to ₹2,203 crore from ₹2,632 crore, year-on-year.
Credit: Nuvoco-Vistas
Entered into an agreement with Export Trading Group to distribute its tractors, tillers and diesel engines in South Africa, Namibia, Zimbabwe, and other African countries.
Credit: VST-Tillers-Tractors
Offloaded a 7.95 percent stake in Elpro International for ₹74 crore.
Credit: International-Conveyors
Emerged as the lowest bidder for a 6-vessel Indian Navy tender for next-gen missile vessels worth ₹10,000 crore.
Credit: BCCL