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IDBI Bank sells 3.90% stake in NSDL

IDBI Bank sells 3.90% stake in NSDL

IDBI Bank has sold 15,60,000 equity shares constituting 3.90% of the paid up capital of National Securities Depository (NSDL) on August 21, 2018.IDBI Bank is the youngest, new generation public sector......

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Motilal Oswal Financial Services transfers lending business to WOS Company

Motilal Oswal Financial Services transfers lending business to WOS Company

Motilal Oswal Financial Services has transferred the lending business by way of a slump sale on a going concern basis, to its wholly owned subsidiary (WOS), Motilal Oswal Capital Markets (MOCML) as contemplated......

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ICRA upgrades ratings assigned to Sterlite Technologies

ICRA upgrades ratings assigned to Sterlite Technologies' NCDs

Credit rating agency, ICRA has upgraded its rating on the non-convertible debenture (NCDs) programme and long-term rating for the line of credit (LOC) of Sterlite Technologies to 'AA' from 'AA-' and reaffirmed......

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Adani Green Energy subscribes to 80% stake of APMWPCL

Adani Green Energy subscribes to 80% stake of APMWPCL

Adani Green Energy has subscribed to 80% equity share capital of Adani Phuoc Minh Wind Power Company (APMWPCL), Vietnam. The company has subscribed to 80% equity shares of APMWPCL to extend its footstep......

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Indiabulls Housing Finance raises Rs 1,169 crore via NCDs

Indiabulls Housing Finance raises Rs 1,169 crore via NCDs

Indiabulls Housing Finance has raised funds aggregating to Rs 1,169 crore through allotment of its fifth  tranche of Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10......

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TPG Capital planning to invest in Jet Airways: Report

TPG Capital planning to invest in Jet Airways: Report

TPG Capital is reportedly planning to invest in Jet Airways India. TPG Capital may invest more than $100 million, but the size of the stake dilution and investment are not finalized. TPG Capital is......

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Azura Projects buys 5.16 lakh shares in Khemani Distributors

Azura Projects has bought 5.16 lakh shares in Khemani Distributors & Marketing at Rs 195 per share on the BSE on August 20, 2018. However, Onyx Partners has offloaded 5.16 lakh shares in the company......

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SpiceJet reports passenger load factor of 93.8% in July

SpiceJet has reported the Passenger Load Factor (PLF) of 93.8% during the month of July 2018. The company had reported Passenger Load Factor of 93.3% during the month of June 2018.The PLF is a key indicator......

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InterGlobe Aviation reports passenger load factor of 88.7% in July

InterGlobe Aviation (IndiGo) has reported the Passenger Load Factor (PLF) of 88.7% during the month of July 2018. The company had reported the Passenger Load Factor of 88.3% during the month of June 2018.The......

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Jet Airways reports passenger load factor of 83.9% in July

Jet Airways has reported the Passenger Load Factor (PLF) of 83.9% during the month of July 2018. The company had reported the Passenger Load Factor of 79.5% during the month of June 2018.The PLF is a key......

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InterGlobe Aviation grounds new Airbus A320 Neo aircraft

InterGlobe Aviation's (IndiGo) new Airbus A320 neo aircraft has been grounded due to Pratt and Whitney engine issues and is undergoing a routine engine change. There is no impact on its flight operations.......

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ICRA reaffirms long-term rating assigned to Basant Agro-Tech

Credit rating agency, ICRA has reaffirmed the long-term rating assigned to the Rs 16.89 crore (reduced from Rs 32.87 crore) term loans and the Rs 70.00 crore fund-based facilities of Basant Agro-Tech (India)......

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HIL starts production of 'CpVC & UpVC' Pipes and Fittings at Gujarat plant

HIL has commenced the commercial production of its 'CpVC & UpVC' Pipes and Fittings at its plant located at Golan Plant, Gujarat. This is in line with HIL's intention to expand the plumbing solutions......

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SEBI imposes Rs 10 lakh penalty on Omkar Overseas, 3 officials

Securities and Exchange Board of India (SEBI) levied a total penalty of Rs 10 lakh on Omkar Overseas and its three former officials. The markets regulator has imposed the same for the delay in disclosure......

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Gaja Capital, GPE India sell 3.28% stake in TeamLease Services

Gaja Capital and GPE India have together sold 5,61,353 shares or 3.28% stake in TeamLease Services for around Rs 148 crore through open market transactions on August 20, 2018. Meanwhile, Franklin Templeton......

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