We will hold 12 electronic auctions of bad accounts this month to recover more than Rs 50.6 billion of membership fees sold to the Asset Reconstruction Company (ARC) Mechanism.
housing: At least two existing foreign investors in PNB Housing Finance, The Carlyle Group and General Atlantic Singapore, are consultants to provide due diligence to mortgage lenders seeking to use these investors for equity expansion. Is believed to have hired.
Indian Glycol: Swiss chemical giant Clariant AG has set up a 51:49 joint venture promoted by the Baltia family.
Manufactures and sells renewable ethylene oxide (EO) derivative products.
Tick Green Energy: The company said the Kamudi solar power plant in Tamil Nadu is becoming more water-friendly. In a statement explaining the term “water positive,” AGEL makes a company’s plant water positive when it harvests and recycles more water than it consumes.
AstraZeneca Pharma India: The company said it has received marketing approval from India’s drug controller General (DCGI) for the treatment of non-small cell lung cancer.
Infosys: Infosys’ business process management division, BPM, announced on Thursday that it will extend its strategic collaboration with Newmont Corporation for five years to standardize and digitize its distribution model across Newmont Corporation’s mining sites.
Max Healthcare: The Max Healthcare Institute (MHC) said it raised Rs 1,200 by issuing securities. The company, the second largest private hospital chain in the country, raised capital through a qualified institutional arrangement (QIP).
Karur Vysya Bank, and Finance: Cholamandalam Investment has partnerships with the private sector
The two companies said Thursday that they had a great opportunity for banks and non-bank financial companies to leverage each other’s strengths in the joint lending business, with the aim of gaining greater market share across segments.
Tata Motors: Homemade auto measure
The commercial vehicle industry is expected to grow by more than 30% in the next fiscal year, backed by cyclical increases in demand and an overall recovery in economic activity, according to people familiar with the top companies.
JSW Steel: The company announced in February this year that crude steel production fell by only 1% to 13.06 lactone (LT). The company, one of the top six domestic steel producers, produced 13.20 LT of steel in the same month last year.
REC, PFC: State-owned companies REC and Power Finance Corporation have signed an agreement with Bhutan-based Kholongchhu Hydro Energy (KHEL) to fund a 600-megawatt hydropower project in neighboring Trashiyangtse.
Prestige Estates Projects: Real estate company Prestige Estates Projects said it has completed the sale of Rs 7,467 worth of commercial assets to global investment firm Blackstone in the first round of sale.
Adani Green Stocks: News Stocks: Adani Green, India Glycols, PNB Housing, SBI, Karur Vysya Bank
https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-the-news-adani-green-india-glycols-pnb-housing-sbi-and-karur-vysya-bank/articleshow/81459147.cms Adani Green Stocks: News Stocks: Adani Green, India Glycols, PNB Housing, SBI, Karur Vysya Bank