LIVE MARKET TRACKER :   BSE SENSEX   26634.35      |    NSE NIFTY 7967.55    
GLOBAL MARKETS :  NASDAQ 4505.853   -0.14%    |    FSI London 6648.16   +0.02%    |    NIKKEI Japan 16173.52   -0.84%
  USD GBP EUR CAD AUD INR
USD - 0.617 0.7934 1.1163 1.1456 61.74
GBP 1.6211 - 1.2862 1.8096 1.8572 100.0855
EUR 1.2606 0.7778 - 1.4072 1.4442 77.8307
CAD 0.8962 0.5529 0.7111 - 1.0267 55.3325
AUD 0.8729 0.5386 0.6926 0.9744 - 53.8935
INR 0.0162 0.01 0.0129 0.0181 0.0186 -
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
Tata Power, NTPC and Hindalco Industries to see some action today
(30-Sep-2014)

Tata Power, NTPC and Hindalco Industries to see some action todayThe government has cancelled approvals of nine special economic zones, including that of Hindalco Industries, Essar and Adani as no satisfactory progress was made to execute the projects. The decision......click on news to read complete article.

CCEA defers its decision on revising gas prices to November 15
(25-Sep-2014)

CCEA defers its decision on revising gas prices to November 15In a major setback to the oil and gas sector, the Cabinet Committee on Economic Affairs (CCEA) has deferred its decision on revising gas prices, expected October-end, to November 15. The CCEA headed by......click on news to read complete article.

Four-member panel submits report on new gas pricing formula
(18-Sep-2014)

Four-member panel submits report on new gas pricing formulaA four-member panel of secretaries appointed by the government has submitted the much awaited report on a new gas pricing mechanism, which prescribes lower rate than the price approved by the previous......click on news to read complete article.

International Stock News
US markets close lower; stocks recover from session lows
(30-Sep-2014)

US markets close lower; stocks recover from session lowsThe US markets closed lower on Monday, recovering from early morning selling bout, as investor confidence was hit by violent unrest in Hong Kong and a rebound in consumer spending fueled speculation that......click on news to read complete article.

US markets closed higher on bargain hunting
(27-Sep-2014)

US markets closed higher on bargain huntingThe US markets closed higher on Friday on bargain hunting following Thursday's sell-off, which pulled all the three major averages down to their lowest closing levels in over a month. Sentiments remained......click on news to read complete article.

US markets plunge; Nasdaq sinks most since April
(26-Sep-2014)

US markets plunge; Nasdaq sinks most since AprilThe US markets dropped on Thursday, slapping the major benchmarks with their biggest one-day loss, with the Nasdaq plunging the most since April. Other worries were centered on the Russia-Ukraine and Mideast......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.