Corporate News

Date Heading Details
19-Sep-2020   10:51 Hrs IST IRCTC gets nod from Railway Ministry to start 20 pairs of clone special trains services <P align=justify>Indian Railway Catering and Tourism Corporation (IRCTC) has received approval from Ministry of Railways to start 20 pairs of clone special trains services from September 21, 2020 on specific routes.<P align=justify>IRCTC is the only entity authorised by the Indian railways to provide catering services to railways, online railway tickets and packaged drinking water at railway stations and trains in India.
19-Sep-2020   10:42 Hrs IST Future Enterprises defaults on debt repayment <P align=justify>Future Enterprises has defaulted on debt repayment towards commercial paper. The company is unable to service its obligations in respect of the payment of commercial paper after its maturity and the gross principal amount on which the default has occurred on September 14, 2020, is Rs 90 crore. The delay in reporting is due to efforts being made by the company to make payment by mobilising certain funds to make payment and then submit report of having repaid with delay.<P align=justify>Future Enterprises develops, owns and leases the retail infrastructure for the Group. The company also holds the Group's investments in subsidiaries and joint ventures including insurance, textile manufacturing, supply chain and logistics.
19-Sep-2020   10:21 Hrs IST Bandhan Bank collection efficiency ratio touches 90% in August
19-Sep-2020   10:03 Hrs IST Blackstone offloads 23% stake in Essel Propack
19-Sep-2020   09:50 Hrs IST Mysore Petro Chemicals gets nod to write-off investment in Blue Lotus International
19-Sep-2020   09:33 Hrs IST NHB imposes penalty on Reliance Home Finance
19-Sep-2020   09:21 Hrs IST Coal India's arm donates Rs 5 crore to UP for procurement of ambulances
19-Sep-2020   09:02 Hrs IST James Warren Tea enters into agreement with ITAS Prabhat LLP
19-Sep-2020   08:57 Hrs IST Mangalore Refinery gets nod to raise funds upto Rs 5000 crore
19-Sep-2020   08:46 Hrs IST ITC hikes stake in Delectable Technologies