Shares of Maruti Suzuki India Ltd. shed nearly 3.3% to Rs 7,097.65 apiece after the company said in an exchange filing post market hours Thursday that it anticipated an adverse impact due to electronin components supply constraint on vehicle production in October in both Haryana and its contract manufacturing company in Gujarat.
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3i Group-Backed BVG India Seeks Regulatory Approval for IPO
BVG India Ltd. seeks SEBI’s approval to raise as much as Rs 200 crore selling new shares, while its shareholders plan to sell up to 7.2 million shares in an initial public offering, according to its draft prospectus.
The Curious Case Of HDFC Bank’s ‘Penalties’ On Fraudulent Loan Applications
A practice at India’s largest private lender HDFC Bank Ltd. to levy a “processing fee” on loan applications submitted with fraudulent documents is raising eyebrows.
Dilip Buildcon is required to pay a penalty of Rs 3 crore with NHAI
Shares of Dilip Buildcon Ltd. rose nearly 4% in intraday trade to Rs 559.9 apiece after the company informed the exchanges that National Highways Authority of India completed its probe on the accident at project site at Anandapuram-Pendurthi-Anakapalli NH05 in Andhra Pradesh on July 14, 2021.
GMR Infra Advances As Shareholders, Secured Creditors Approve Amalgamation Plans; RSI Above 70
GMR Infra: Shares of GMR Infrastructure Ltd. rose nearly 3.7% in intraday trade to Rs 39.4 apiece after the company’s shareholders and secured creditors approved the amalgamation and arrangement among GMR Power Infra, GMR Infra and GMR Power and Urban Infra and their respective shareholders during the NCLT convened meetings.