Balkrishna Industries: The company has successfully commenced commercial production of the Brown Field Expansion and Debottlenecking Project at Bhuj Plant ahead of schedule. This will result in increased production of tires up to 50,000 MTPA.
Nazara Technologies: The company's board approved issuance of equity shares worth Rs 25 crore to existing shareholders of Datawrkz Business Solutions. These shares will be issued on a preferential basis, at a price of Rs 2,260 per share.
JK Cement: The board of directors of the company approved entering into paint business through a wholly owned subsidiary, formation of new wholly owned subsidiary and investment in the said wholly owned subsidiary.
KPIT Technologies: ICRA has assigned the company's Long-Term Rating to '[ICRA] AA' with a Stable outlook and a Short Term rating of '[ICRA] A1+'.
PNB Housing Finance: A meeting of the board of directors of the company is scheduled on 9 March 2022 to consider and approve fund raising.
Tube Investments of India: The company's subsidiary TI Clean Mobility has acquired 70% stake in Cellestial E-Mobility.
Cantabil Retail India: The company has opened 8 New Showrooms/ Shops at different location in India during February 2022.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
RECOMMENDED FOR YOU