Sonata Launches ‘CSK 2020 Edition’ for Chennai Superkings Fans

As fans await the beginning of IPL 2020 and for their favourite players to strike on the field, Sonata hits a masterstroke with a collection of watches that celebrates the spirit of ‘Once a fan, Always a fan’. Sonata, the largest-selling watch brand from Titan Company Limited announces the launch of Sonata CSK 2020 collection, the second edition of its collaboration with the Chennai Super Kings. This exclusive collection celebrates the love of the ‘whistlepodu army’ and brings an exclusive variety of watches and smart wearables for the fans. With…

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Universal Cables Ltd updates on capacity expansion

Universal Cables Ltd had announced manufacturing capacity expansion of Power & Control Cables, LT & HT Power Capacitors and Thermoplastic Compounds/Zero Halogen Flame Retardant Compounds (all types and specifications). The production capacity expansion has been undertaken with the prime objective of aligning the company’s manufacturing facility at Satna (M.P.) to keep pace with the envisaged growth in demand and migrate to the evolving technologies for manufacturing of Power & Control Cables, LT & HT Power Capacitors and Thermoplastic Compounds/Zero Halogen Flame Retardant Compounds. The existing capacity of Power & Control…

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Innovators Facade Systems Limited receives work order of Rs. 26 crores

Innovators Facade Systems Limited has received the Work Order amounting to Rs. 26 Crores for Design, Supply, Fabrication and Installation of Faade Work in Dwarka, Delhi from M/s. Larsen & Toubro Limited. Shares of Innovators Facade Systems Ltd was last trading in BSE at Rs.21.55 as compared to the previous close of Rs. 20.55. The total number of shares traded during the day was 8000 in over 5 trades. The stock hit an intraday high of Rs. 21.55 and intraday low of 21.5. The net turnover during the day was…

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MRPL shareholders approve proposal to raise funds of Rs. 5000 crore

The shareholders of Mangalore Refinery and Petrochemicals Limited (MRPL) in the 324 Annual General Meeting held on 18/09/2020 approved to raise funds upto © 5,000 Crore through issue of unsecured non-convertible debentures (NCDs) / Bonds, through a special resolution. Shares of MANGALORE REFINERY & PETROCHEMICALS LTD. was last trading in BSE at Rs.29 as compared to the previous close of Rs. 29.1. The total number of shares traded during the day was 108668 in over 664 trades. The stock hit an intraday high of Rs. 29.6 and intraday low of…

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ITC Ltd increases stake in Delectable Technologies Pvt Ltd

ITC Ltd had earlier acquired, in the first tranche, 100 Equity Shares of Rs. 10/- each and 1864 Compulsorily Convertible Preference Shares of Rs. 10/- each of Delectable Technologies Private Limited (‘Delectable’), representing 11.15% of its share capital on a fully diluted basis. On 17th September, 2020 the company has acquired, in the second tranche, 1964 Compulsorily Convertible Preference Shares of Rs. 10/- each of Delectable. With this acquisition, the Companys shareholding in Delectable aggregates 20.06% of its share capital on a fully diluted basis. Subject to completion of agreed…

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PNB associate bank, JSC Tengri Bank’s License revoked

The Financial Regulator of Kazakhstan has revoked the license of JSC Tengri Bank, wherein Punjab National Bank has 41.64% stake, on account of failure to observe prudential standards and other mandatory norms and limits by the JSC Tengri Bank. Shares of PUNJAB NATIONAL BANK was last trading in BSE at Rs.32.6 as compared to the previous close of Rs. 33.25. The total number of shares traded during the day was 1986539 in over 1860 trades. The stock hit an intraday high of Rs. 33.45 and intraday low of 32.35. The…

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ITC Ltd.’s Sunfeast YiPPee!’s 10th Anniversary celebrations make a GUINNESS WORLD RECORDS® achievement

Sunfeast YiPPee!, one of India’s most popular instant noodles brand, commemorated its 10th Anniversary enriched with consumers’ eternal love for their bowl of YiPPee! noodles. Acclaimed for its differentiated, long and slurpy noodles, the brand invited consumers’ on its Facebook event page to capture and share their YiPPee! noodle eating moments. In doing so, the fun and excitement filled activity translated into achieving a GUINNESS WORLD RECORDS® title for ‘Most photos of people eating noodles uploaded to Facebook in one hour’. All participants will also be receiving a memorabilia in…

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RITES Ltd board approves buy back through tender offer at Rs. 265

The Board of Directors of RITES Ltd in their meeting held on September 18, 2020 has approved the buyback of the fully paid up equity shares of the Company of face value of Rs. 10/- each through tender offer. The buyback will not be exceeding 96,98,113 (Ninety Six Lakh Ninety Eight Thousand One Hundred Thirteen) equity shares (representing 3.88% of the total number of equity shares in the paid-up share capital of the Company) at a price of Rs. 265 (Rupees Two Hundred Sixty Five only) per equity share (the…

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Mysore Petro Chemicals Limited to write-off GBP 770,000

Mysore Petro Chemicals Limited had invested GBP 770,000 in Blue Lotus International Limited (“Investee Company”) constituting 15.27% of the capital of the Investee Company. The Investee Company has informed that the prevailing economic condition and the Covid-19 has caused severe disruption to its business. The business has come to standstill with no operational revenue. As a result of this, the Investee Company has initiated the process of its voluntary liquidation. In view of the above, the Board of Directors of the Company at their meeting held today have considered and…

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