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Wednesday 10 August 2022

In News

In News


HDFC Bank: Trade receivables discounting platform M1xchange has tied up with the private lender with an aim to provide more liquidity to small businesses at competitive interest rates. This move is expected to bring in high liquidity to buyer corporates and MSMEs at competitive interest rates 

Apollo Hospitals Enterprise: The hospital and healthcare chain said it has acquired a hospital asset in Gurugram from Nayati Healthcare and Research NCR Pvt Ltd for around Rs 450 crore. The acquired complex is situated on a hospital-zoned land with a potential of 650 beds spread over 7 lakh square feet. 

Brigade Enterprises: The realty firm has acquired a land parcel in Chennai from TVS group and partnered with landowners in Bengaluru to develop two real estate projects with an estimated sales potential of Rs 4,000 crore in next 4-5 years.

INDIA GLYCOLS: Co. Says both the new grain based ethanol plants with capacities of 180 KLPD and 110 KLPD at Kashipur and Gorakhpur sites, respectively, have started trial production. The Company expects to complete the trial runs and achieve capacity by September, 2022 

Torrent Power: The energy providing firm said it has received shareholders' approval for raising up to Rs 2,000 crore through issuance of non-convertible debentures (NCDs) The proposal for raising funds was listed on the agenda of the company's annual general meeting held on Monday 

Godawari Power & Ispat: The iron and steel firm said its 70 MW captive solar power plant in Chhattisgarh has commenced commercial operations. The plant began commercial operations on Saturday. 

Trident: The textile major said its founder and chairman Rajinder Gupta has expressed his intention to step down as director and non-executive chairman of the company due to health issues and family commitments.

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