LIVE MARKET TRACKER :   BSE SENSEX        |    NSE NIFTY    
GLOBAL MARKETS :  NASDAQ      |    FSI London      |    NIKKEI Japan  
  USD GBP EUR CAD AUD INR
USD -
GBP -
EUR -
CAD -
AUD -
INR -
Indian-Commodity  :  Corporate  :  CARE reaffirms rating of Alok Industries' CP / STD

CARE reaffirms rating of Alok Industries' CP / STD (19-Nov-2012)

Credit rating agency, CARE has reaffirmed A1 rating to Alok Industries' commercial paper (CP) / short-term non-convertible debentures (STD) worth Rs 1,000 crore.

The company has received the said rating on the back of extensive experience of the promoters and management in the textile business, track record of the company, integrated operations along with the economies of scale and one of the leading players in the textile industry.

Alok Industries has evolved from a small trading business into India's largest integrated textiles player. It is present across the textile value chain - from yarn manufacturing to garmenting. Alok's production facilities are in Silvassa, Vapi and Navi Mumbai. The company also has a presence in the domestic retail segment and in real estate through a wholly-owned subsidiary.


Top News Today
RIL,Tata Motors and Bosch to see some action today
(23-Jan-2015)

RIL,Tata Motors and Bosch to see some action todayReliance Industries (RIL) and Essar Energy are re-entering the fuel retailing business with aggressive growth plans and efforts to lure customers away from state-run rivals by offering discounts and benefits.......click on news to read complete article.

TC rejects TRAI's recommendations; fixes 2,100-MHz base price at Rs 3,705 crore
(20-Jan-2015)

TC rejects TRAIRejecting Telecom Regulatory Authority of India (TRAI)'s recommendations, the Telecom Commission (TC) approved a base price of Rs 3,705 crore for each MHz of 2,100-MHz spectrum, which would be auctioned......click on news to read complete article.

RIL, SSLT and Tata Motors to see some action today
(20-Jan-2015)

RIL, SSLT and Tata Motors to see some action todayTo take on its public sector peers in the fuel retailing segment, Mukesh Ambani-controlled Reliance Industries (RIL) plans to leverage technology. RIL and Essar Oil face government-owned Indian Oil Corporation......click on news to read complete article.

International Stock News
US markets closed mostly lower on profit taking
(24-Jan-2015)

US markets closed mostly lower on profit takingSnapping four days gaining streak, the US markets closed mostly lower on Friday as investors opted to book some profits off the table following the recent upward move, which came amid......click on news to read complete article.

US markets closed higher on ECB Stimulus
(23-Jan-2015)

US markets closed higher on ECB StimulusThe US markets closed higher on Thursday, as traders reacted positively to the European Central Bank's highly anticipated decision to implement quantitative easing. Federal Reserve officials are currently......click on news to read complete article.

US markets gain; extend winning streak to 3 sessions
(22-Jan-2015)

US markets gain; extend winning streak to 3 sessionsThe US markets closed modestly higher on Wednesday, extending its winning streak to three sessions, as investors widely expect the European Central Bank to deliver on monetary stimulus at its key meeting.......click on news to read complete article.

 

     
  
Recent Corporate News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.