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  • Stock Alert - Detailed News

Tata Steel in focus on fund raising plan
22-Feb-19   08:49 Hrs IST

Tata Steel has informed BSE that the meeting of the board of directors of the company is scheduled on 26 February 2019, inter alia, to consider and approve the issuance of unsecured Non-Convertible Debentures on private placement basis. The announcement was made after market hours yesterday, 21 February 2019.

Bharat Electronics (BEL) has on 20 February 2019, signed an MoU with JSR Dynamics Pvt Ltd (JSR), a Nagpur-based start-up Company, at Aero India 2019 in Bengaluru. The MoU aims at leveraging the individual design and manufacturing capabilities of BEL and JSR to develop weapons and light weight cruise missiles, which have business potential in both the domestic and international markets. The announcement was made after market hours yesterday, 21 February 2019.

AU Small Finance Bank has entered into agreement with ACKO General Insurance Company for General insurance as Corporate Agent. This tie up shall be mutually beneficial for Bank & ACKO General Insurance Company in terms of business, market penetration and digital distribution of Insurance Products. The announcement was made after market hours yesterday, 21 February 2019.

Allahabad Bank has received a communication from the Government of India, Ministry of Finance, Department of Financial Services regarding fresh capital infusion of Rs 6896 crore towards contribution of the Central Government in the preferential allotment of equity shares (Special Securities/Bonds) of the Bank during the financial year 2018-19, as Government's investment. The announcement was made after market hours yesterday, 21 February 2019.

Security and Intelligence Services (India) said its subsidiary SIS Australia Group Pty Ltd on 21 February 2019, has signed definitive agreements to acquire initially 51% shareholding in Platform 4 Group. The announcement was made after market hours yesterday, 21 February 2019.

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