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Fitch revises outlook on 9 Indian banks' IDRs to negative
Updated : 5 years, 9 months ago IST
Singapore, June 22 (ANI): Fitch Ratings has revised the outlook to negative from stable on long-term issuer default ratings (IDRs) of nine India-based banks while affirming their IDRs, support ratings and support rating floors.
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Biocon, DKSH collaborate to commercialise 7 generic formulations in SE Asi
Updated : 5 years, 9 months ago IST
Bengaluru (Karnataka) [India], June 22 (ANI): Biopharmaceutical major Biocon Ltd and Swiss market expansion services group Diethelm Keller Siber Hegner (DKSH) said on Monday their subsidiaries have signed an agreement under which DKSH will sell and distribute seven of Biocon Pharma's generic
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Tech Mahindra recognised among India's 50 best companies to work for in 20
Updated : 5 years, 9 months ago IST
New Delhi [India] June 20 (ANI/NewsVoir): Tech Mahindra Ltd, a leading provider of digital transformation, consulting and business reengineering services has been recognised amongst India's 50 best companies to work for in 2020 by the Great Place to Work® Institute.
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Moody's downgrades Tata Motors to B1, changes outlook to negative
Updated : 5 years, 9 months ago IST
Singapore, June 19 (ANI): Moody's Investors Service has downgraded Tata Motors Ltd's (TML's) corporate family rating (CFR) and the company's senior unsecured instruments rating to B1 from Ba3.
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ICICI Bank offloads 3.96 pc equity in ICICI Lombard General Insurance
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 19 (ANI): India's largest private sector lender ICICI Bank on Friday divested 1.8 crore equity shares of the face value of Rs 10 each of ICICI Lombard General Insurance Company Ltd on the stock exchange.
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Tata Power to develop 100 MW solar project in Maharashtra
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 19 (ANI): Tata Power Renewable Energy Ltd (TPREL) said on Friday that it has received a letter of award from Maharashtra State Electricity Distribution Co Ltd (MSEDCL) to develop a 100-megawatt solar project in Maharashtra.
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IRB Infrastructure FY20 PAT down 15 pc at Rs 721 cr
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 18 (ANI): India's largest highway infrastructure company IRB Infrastructure Developers Ltd said on Thursday that its profit after tax in FY20 fell by 15 per cent to Rs 721 crore due to Covid-19 lockdown across the country.
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Carzonrent India Pvt Ltd appoints Sudarshan S Sarma as CEO
Updated : 5 years, 9 months ago IST
New Delhi [India], June 18 (ANI/NewsVoir): Carzonrent India Private Limited, India's leading personal mobility service provider today announced the appointment of Sudarshan S Sarma as its Chief Executive Officer.
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Religare case: Delhi court dismisses Shivinder Mohan Singh's bail plea
Updated : 5 years, 9 months ago IST
New Delhi [India], June 18 (ANI): A Delhi court on Wednesday dismissed former Fortis Healthcare Promoter Shivinder Mohan Singh's plea seeking to be released on bail in a money laundering case related to alleged misappropriation of funds at Religare Finvest Ltd.
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KFin Technologies announces leadership transition: Sreekanth Nadella eleva
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 17 (ANI/PRNewswire): KFin Technologies Private Limited. ("KFin" or the "Company", formerly known as Karvy Fintech Pvt. Ltd.), one of India's largest Registrars and a market leader in the investor servicing industry, has appointed Sreekanth Nadella, presentl
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Muthoot Finance FY20 net profit up 53 pc at Rs 3,018 cr
Updated : 5 years, 9 months ago IST
Ernakulam (Kerala) [India], June 17 (ANI): Muthoot Finance, the country's largest gold financing company in terms of loan portfolio, on Wednesday, reported 53 per cent increase in net profit at Rs 3,018 crore for FY20 as against Rs 1,972 crore in the previous year.
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Contactless IR Thermal Temperature Scanner with IOT based mobile app launc
Updated : 5 years, 9 months ago IST
Pune (Maharashtra) [India], June 17 (ANI/NewsVoir): In contribution to fight the COVID-19 crisis in India, Skroman Switches Pvt. Ltd. in association with Pelican Telecom Pvt. Ltd. have launched ITTS 20, India's first Contactless Infrared Thermal Temperature Scanner with IOT based mobile app.
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