JSW Steel: In a regulatory filing, the company announced that the crude steel production for November, 2020 was at 13.32 lakh tonnes showing a growth of 3 per cent YoY. The average capacity utilisation was 89 per cent during November.
YES Bank announced that Brickwork Ratings has upgraded the rating on Tier I Subordinated Perpetual Bonds (Basel II) from BWRD to BWR BB+/ Stable.
As per reports, the Union government on December 8 issued another notification regarding changes in the Foreign Exchange Management Act permitting FDI in defence production up to 74 per cent under the automatic route. As such, defence-related shares like Hindustan Aeronautics, Walchandnagar Industries, and Astra Microwave Products are set to trade actively today.
Gujarat Industries Power Co
announced that the District Collector, Kutch, Gujarat has approved the allotment of land to the company admeasuring 4750 HA for development of 2,375 MW Renewable EnergyPark at Village Khavda, District Kutch, Gujarat, for a period of 40 years on leasehold basis.
The Competition Commission of India (CCI) has given its nod to US equity major Blackstone Group buying certain commercial and retail properties from Bengaluru-based real estate player Prestige Estates.
Tata Steel: Standard & Poor's (S&P) Global Ratings has revised Tata Steel the company’s outlook to 'stable' from 'negative' and affirmed 'B+' rating, according to reports.
Tata Consultancy Services has launched a new transformative Digital Bank Guarantee platform, powered by the Quartz Blockchain solution, as part of the Banking Service Bureau (BSB), operated by TCS for the digital banking industry in Israel.
Kalpataru Power Transmission: The company's board has approved capital expenditure of around Rs 207 crore towards the purchase of land and will further incur nearly Rs 170 crore towards construction, municipal charges, taxes, and for other approvals for development and construction of corporate office of about 1,79,000 sq. ft. of leasable area near its existing office at Santacruz, Mumbai.