Tata Motors: Moodys downgrades JLR rating to Ba3 negative Tata Motors: Moodys downgrades JLR rating to Ba3 negative Pratik Shastri / Friday, June 21, 2019 0 1104 Article rating: 2.5 Major Indian automaker Tata Motors informed about revision of credit rating by Moody’s. The global rating agency has downgraded Tata Motors credit rating. Read more
Odisha government appoints MSTC for scrap and sale services Odisha government appoints MSTC for scrap and sale services Pratik Shastri / Friday, June 21, 2019 0 2201 Article rating: 3.2 Bengal-based, PSU, MSTC reported that Odisha state government appointed it for services and works related to different products of the company. Read more
Bajaj Finance shines like a beacon amidst the NBFC darkness Bajaj Finance shines like a beacon amidst the NBFC darkness DSIJ Intelligence / Friday, June 21, 2019 0 3227 Article rating: 5.0 The shares of Bajaj Finance surged 25 per cent, thereby rendering the company’s stock performance the best in the NBFC sector. Read more
Lakshmi Vilas: CCI okays merger with IBH; hits upper circuit Lakshmi Vilas: CCI okays merger with IBH; hits upper circuit DSIJ Intelligence / Friday, June 21, 2019 0 2056 Article rating: 4.8 The regulator for fair business practices the Competition Commission of India has approved the scheme of amalgamation of Indiabulls Housing Finance Limited (IBH) and Indiabulls Commercial Credit Limited (ICCL) with Lakshmi Vilas Bank Limited (LVB). The stock of LVB hits upper circuit limit. Read more
Sundaram Finance to acquire stakes of BNP Paribas held in 2 JVs Sundaram Finance to acquire stakes of BNP Paribas held in 2 JVs Amir Shaikh / Friday, June 21, 2019 0 3826 Article rating: 4.0 Sundaram Finance (SFL) has entered into an agreement with its partner BNP Paribas for acquiring stakes held by the latter in their two joint venture companies called Sundaram BNP Paribas Home Finance Limited and Sundaram BNP Paribas Fund Services. Read more