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Yes Bank has received a letter from RBI allowing Rana Kapoor to be the bank’s managing director and CEO till Jan 31, 2019.
Graphite India clarified that the complainants regarding pollution issues in its Bengaluru Plant have approached National Green Tribunal (NGT) and the matter is currently pending there. Application to the Pollution Board for consent has been made well in time.
ITC hotels acquired Park Hyatt Goa Resort and Spa, as per a media report.
Clariant Chemicals (India) will dissociate from it plastics and coatings business by 2020 on back of parent company’s intension to do so globally.
PSU Banks will be in focus on report that government is considering merging PNB, Oriental Bank of Commerce, Andhra Bank.
Bharti Airtel, Jio said to be among bidders for Aircel assets, as per a media report..
Life Healthcare sold 49.7% stake in Max Healthcare, a subsidy Max India, of to Radiant Life.
ICICI Bank to consider increasing offshore raising of funds via debt instruments on Sept 24. SEBI also clarified that the bank and Chanda Kochhar have filed replies to the show-cause notices but they have not received any settlement application from the bank or any other related entity.
IT Department is inspecting Jet Airways’ books for alleged falsification of accounts and suspicious transactions, as per a media report.
Manali Petrochemicals began the supply of Notedome Products from September 19.
CEAT unveiled high speed range of CEAT SecuraDrive tyres.
Aditya Birla Finance filed arbitration against the IL&FS Transportation Networks before High Court of Delhi.
Gravita added new washing line and PPCP Granules extrusion lines with annual capacity or 4,800 MTPA at its Andhra Pradesh plant.
Dilip Buildcon received an order worth Rs228.96cr from Madhya Pradesh Metro Rail Co, Urban Administration, after emerging as L-1 bidder for the project.
Sugar companies such as Bajaj Hindusthan Sugar will be in focus as Competition Commission of India has passed an order against them for alleged contravention of provisions of The Competition Act, 2002.
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