25 Mar , 2021 By : kanchan joshi
Bank of India: The lender said it will raise up to Rs750 crore by issuing Basel III compliant bonds. The bidding for the bonds will start on 26 March and end on 30 March (settlement date), the bank said in a regulatory filing.
TVS Motors: The company's board of directors declared a second interim dividend, for the financial year ending 31 March 2021, at the rate of Rs1.40 per share (140%) on 47,50,87,114 equity shares of Rs1 each fully paid up, absorbing a sum of Rs66.51 crore
Adani Group: Adani Road Transport Ltd (ARTL) on Wednesday said it has won a Rs1,039.90 crore highway project from National Highways Authority of India (NHAI) in Telangana.
Cadila Healthcare: Cadila Healthcare said the company and its unit Zydus Pharmaceuticals (USA) Inc. have reached a settlement with US-based firm Celgene Corp., a wholly owned unit of Bristol Myers Squibb, over patents for the anti-cancer drug Revlimid.
InterGlobe Aviation Ltd: Domestic airline IndiGo said it has refunded about Rs1,030 crore to customers, complying with a Supreme Court order last year asking airlines to refund payments made for travel during the nationwide lockdown.
Adani Green: Gautam Adani-led Adani Green Energy Ltd (AGEL) will buy 75 megawatt (MW) operating solar projects in Telangana from Sterling & Wilson Private Ltd for Rs446 crore.
SIS Group: The company has notified the buyback of up to 18,18,181 shares of face value of Rs5 each of SIS Ltd at a price of Rs550 per share through a tender offer.
L&T: The company has proposed the amalgamation of L&T Housing Finance Ltd and L&T Infrastructure Finance Co. Ltd with L&T Finance Ltd, all wholly owned subsidiaries of L&T Finance Holdings Ltd.
DHFL: The Central Bureau of Investigation (CBI) has filed a case against the non-bank lender, its promoters, and unknown public servants for creating 260,000 fake home loan accounts under Pradhan Mantri Awas Yojana for loans totaling Rs14,046 crore, of which it routed Rs11,755.79 crore to “several fictitious firms known as Bandra Book Firms".
Canara Bank: Canara Bank is conducting an e-auction of about 2,000 properties, that the bank has attached and are now in its possession, on 26 March. So far, the bank has sold 1,450 properties valuing Rs886 crore in the current financial year.
0 Comment