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Bharat Forge
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| Bharat Forge has invested EUR 11.35 million and acquired 50% stake in Refu Drive GmbH in terms of joint venture agreement entered into by Bharat Forge and Refu Electronik GmbH, Germany. |
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Bimetal Bearings
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| Bimetal Bearings has declared non-working days during the month of September 2019, at the company's facilities -
Coimbatore Plant - 3 days
Strip & Powder Plant, Chennai - Nil
Thoraipakkam Plant, Chennai - 15 days
Hosur Bearing Plant - 9 days
Hosur (Bushings & Thrust Washer Plant) - 9 days |
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Ambuja Cem.
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| Ambuja Cements has moved one spot up to 4th rank globally in the
Construction Material Category adjudged by the internationally renowned Dow Jones Sustainability Index - 2019, thus setting yet another benchmark in the sustainable development.
With this, Ambuja Cement continues to lead in the category in India with such a high world ranking- a rise of one position as compared to the 2018 sustainability benchmarking. In 2017 ranking, Ambuja Cement was at 7th position. |
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Grasim Inds
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| The Finance Committee of Board of Grasim Industries at its meeting held on 19 September 2019 has approved issue of Non-Convertible Debentures (NCDs) on
private placement basis, for an amount not exceeding Rs. 750 crore, in one or more tranches. |
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NELCO
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| Speedcast International, the world's most trusted provider of remote
communication and IT solutions and NELCO have been awarded a new contract to deliver satellite communications onboard a leading Indian Cruise line catering to the Indian domestic and
international cruise markets.
The leading Indian Cruise line offers a rich experience of Indian culture, hospitality and cuisine to
domestic and international travelers. The cruise ship will sail initially in India before proceeding to
the Middle East. Throughout its journey, it will be able to enjoy seamless Ku-band connectivity in and
out of Indian waters as a result of the recent partnership agreement between Speedcast and Nelco. |