Stocks in the news
GAIL India: State-owned natural gas company GAIL India and Ranchi Municipal Corporation has signed concession agreement for setting up compressed biogas plant in Ranchi.
Godrej Industries: Godrej Industries informed exchanges that the rating agency ICRA has assigned 'AA' rating to the company's proposed issue of non-convertible debentures of up to Rs 1,500 crore.
Deepak Nitrite: Deepak Nitrite said the rating agency CRISIL has upgraded long-term rating outlook for bank loan facilities of Rs 750 crore of the company, from 'AA-/Positive' to 'AA/Stable.
Indo Count Industries: Indo Count Industries' project management committee has approved expansion of its bed linen capacity by around 20 percent from its existing annual capacity of 90 million meters to 108 million meters by debottlenecking and balancing its facilities.
Vaibhav Global: The Shop TJC Limited, UK, a step-down subsidiary of the Vaibhav Global, has acquired E-retailer Shop LC GmbH, Germany (100 percent subsidiary). The object of the company is to expand business in Germany by selling the products to the retail consumers via television and e-commerce websites, said Vaibhav Global in its BSE filing.
Hathway Cable & Datacom: Hathway Cable & Datacom has entered into an agreement for disposing its entire 50% i.e. 5,000 equity shares having face value of Rs 10 each of Net 9 Online Hathway, a joint venture company, on March 18. The company has received a consideration of Rs 99 lakh after selling stake in the joint venture company, said Hathway in its BSE filing.
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