ITC Ltd.’s Sunfeast YiPPee!’s 10th Anniversary celebrations make a GUINNESS WORLD RECORDS® achievement

Sunfeast YiPPee!, one of India’s most popular instant noodles brand, commemorated its 10th Anniversary enriched with consumers’ eternal love for their bowl of YiPPee! noodles. Acclaimed for its differentiated, long and slurpy noodles, the brand invited consumers’ on its Facebook event page to capture and share their YiPPee! noodle eating moments. In doing so, the fun and excitement filled activity translated into achieving a GUINNESS WORLD RECORDS® title for ‘Most photos of people eating noodles uploaded to Facebook in one hour’. All participants will also be receiving a memorabilia in…

Read More

RITES Ltd board approves buy back through tender offer at Rs. 265

The Board of Directors of RITES Ltd in their meeting held on September 18, 2020 has approved the buyback of the fully paid up equity shares of the Company of face value of Rs. 10/- each through tender offer. The buyback will not be exceeding 96,98,113 (Ninety Six Lakh Ninety Eight Thousand One Hundred Thirteen) equity shares (representing 3.88% of the total number of equity shares in the paid-up share capital of the Company) at a price of Rs. 265 (Rupees Two Hundred Sixty Five only) per equity share (the…

Read More

Mysore Petro Chemicals Limited to write-off GBP 770,000

Mysore Petro Chemicals Limited had invested GBP 770,000 in Blue Lotus International Limited (“Investee Company”) constituting 15.27% of the capital of the Investee Company. The Investee Company has informed that the prevailing economic condition and the Covid-19 has caused severe disruption to its business. The business has come to standstill with no operational revenue. As a result of this, the Investee Company has initiated the process of its voluntary liquidation. In view of the above, the Board of Directors of the Company at their meeting held today have considered and…

Read More

Somany Ceramics adds a dash of style at T2, Mumbai Airport.

In association with Times OOH, the brand targets niche flying travellers to promote, Germ Shield tiles powered by Germ Shield Technology at the Domestic Departure, SHA of T2, Mumbai Airport. Somany Ceramics Limited, an internationally acclaimed organization that specializes in ceramics and allied products segment and known to be a leader in design and innovation enthralls with a powerful communication message at Mumbai International Airport. Somany in partnership with Times OOH, the advertising partner for Mumbai airport, chose the most premium media located in the domestic departure, security check-in of…

Read More

United Spirits Ltd announces resignation of CFO

As part of the career progression, Mr. Sanjeev Churiwala, Executive Director & Chief Financial Officer of the Company will transition into the role of Regional Finance Director – APAC within Diageo group effective 1st October 2020. Consequently, Mr. Sanjeev Churiwala has submitted his resignation as Director, Whole-time Director and Chief Financial Officer (Key Managerial Personnel) of the Company effective end of day 30th September 2020. The Board of Directors at its meeting held today has accepted his resignation from the aforesaid positions. Shares of UNITED SPIRITS LTD. was last trading…

Read More

Lords Chloro Alkali Ltd posts loss of Rs. 1.08 crore in Q1FY21

LORDS CHLORO ALKALI LTD. has reported financial results for the period ended June 30, 2020. Financial Results (Q1 FY 2020-21) – QoQ Comparison The company has reported total income of Rs.22.20 crores during the period ended June 30, 2020 as compared to Rs.39.67 crores during the period ended March 31, 2020. The company has posted net profit / (loss) of Rs.(1.08) crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.(2.32) crores for the period ended March 31, 2020. The company has reported EPS…

Read More

Zydus Cadila receives final approval from USFDA for Potassium Chloride Extended-Release Tablets

Zydus Cadila has received final approval from the USFDA to market Potassium Chloride ExtendedRelease Tablets (US RLD: K-Dur Extended-Release Tablets) in the strengths of 10 mEq (750 mg) and 20 mEq (1500 mg). The medication is a mineral supplement used to treat or prevent low amounts of potassium in the blood and will be manufactured at the group’s formulation manufacturing facility at the SEZ, Ahmedabad. The group now has 301 approvals and has so far filed over 390 ANDAs since the commencement of the filing process in FY 2003-04. Shares…

Read More

ICRA upgrades rating of Escorts Ltd

The Rating Committee of ICRA Limited (ICRA), after due consideration, has removed the long-term rating from ‘Rating Watch with Developing Implications’, and upgraded the same from [ICRA]AA- (pronounced as ICRA double A minus) to [ICRA]AA (pronounced as ICRA double A). The long-term rating has a ‘stable’ outlook. ICRA has also reaffirmed a short-term rating of [ICRA]A1+ (pronounced ICRA A one plus) for the Rs. 950.0 Crore Line of Credit of Escorts Limited. The aforesaid ratings will be due for surveillance anytime before March 31, 2021. Shares of ESCORTS LTD. was…

Read More

Bhatia Mobile to Migrate to main board of BSE

Bhatia Communications and Retail (India) Limited concluded its 12th annual general meeting today. Mr. Sanjeev Bhatia, CMD of the company addressed the Shareholders and informed that the company has been migrated to main board of Bombay Stock Exchange. The company was listed on SME Exchange on 21.02.2018 with help and support of all shareholders. In SME exchange, the minimum trading size of a Lot was 2000 shares, due to which small shareholders were unable to invest in our company. Also existing shareholders were not able to sell part of their…

Read More