Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, today announced its reinvigorated strategy for the Nigeria market. Building on its aggressive strategy to have a robust market presence, the New Delhi (India)-headquartered company also launched a new motorcycle that is developed especially for the Nigerian market.
Power Grid Corporation of India acquired Fatehgarh Bhadla Transco (FBTL) and Sikar New Transmission Limited (SNTL), the project SPVs to establish transmission system strengthening for evacuation of power from solar energy zones in Rajasthan (8.1 GW) on build, own, operate and maintain (BOOM) basis from the bid process coordinator - REC Power Distribution Company.
IndusInd Bank makes it to the Carbon Disclosure Project (CDP) list for the 6th consecutive year; the only Indian bank to get featured in the list.
Punjab National Bank reported standalone profit at Rs586.33cr in Q4FY21 against a profit of Rs506.03cr in Q3FY21, net interest income fell to Rs6,937.55cr from Rs8,312.98cr qoq.
RBL Bank: The Reserve Bank of India (RBI) approved the re-appointment of Vishwavir Ahuja as the Managing Director & CEO of the bank, for further period of one year, with effect from June 30, 2021.
Intellect ranked #1 in 3 Categories of Financial Sector: Retail Banking, Transaction Banking and InsurTech by Global IBSI Sales League Table 2021.
Equitas Small Finance Bank announces its collection efficiency and billing efficiency for the month of May 2021.
Welspun Corp: American Petroleum Institute, USA has granted License (No. # 5L- 1217) to manufacture SAWH pipes as per API Specification 5L & to apply API monogram on the pipes from our Jamunia, Raisen, Madhya Pradesh facility w.e.f. May 26, 2021.
BSE StAR MF signs MoU with Godavari Urban Multi State Credit Co-Op Society Ltd., Nanded.
Foods & Inns reported higher consolidated profit at Rs4.64cr in Q4FY21 against Rs2.88cr in Q4FY20, revenue rose to Rs162.66cr from Rs138.42cr yoy.
IFGL Refractories reported consolidated loss at Rs2.53cr in Q4FY21 against loss of Rs13.93cr in Q4FY20, revenue jumped to Rs283.52cr from Rs222.09cr yoy.
Results today: Union Bank of India, Central Bank of India, Mrs Bectors Food Specialities, Dynamatic Technologies, Fairchem Organics, Graviss Hospitality, Jubilant Ingrevia, Landmark Property Development Company, Mold-Tek Technologies, MRF, New India Assurance Company, SEAMEC, Shree Pushkar Chemicals & Fertilisers, SMC Global Securities, SMS Lifesciences India, Tower Infrastructure Trust, Victoria Mills, and Yuken India.
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