Search result for 'corporate guarantee'

Sebi has penalized DB Realty, its promoters, and officials for Rs 25 lakh for misrepresenting financial statements and non-disclosures. The regulator found violations related to guarantees and loan...

Thermax's net profit declined by 52% to Rs 114 crore in the December quarter, impacted by lower margins and product mix changes. The company also acquired Buildtech Products India Pvt. Ltd,...

Reliance Power has announced a consolidated net profit of Rs 2,878.15 crore in the July-September quarter, driven by a gain from deconsolidation of a subsidiary and settlement of guarantor...

Dabur acquires Sesa Care, a leading Ayurvedic hair oil brand, for Rs 315-325 crore, expanding its presence in the Rs 900 crore market. The deal includes a majority stake acquisition and a share...

Inox Wind has secured a Rs 2,200 crore finance facility from a consortium led by ICICI Bank, demonstrating strong financial health and a positive outlook.

Reliance Power has settled Rs 3,872 crore guarantor obligations for its subsidiary Vidarbha Industries Power, ending all disputes with CFM Asset Reconstruction Private Limited.

GVK Power and Infrastructure Ltd faces insolvency proceedings after failing to repay loans to lenders, including ICICI Bank. The NCLT has appointed an interim resolution professional to manage the...

Samvardhana Motherson International Ltd (SAMIL) raised USD 350 million through note issuance, oversubscribed six times. The funds will be used to repay existing debt.

The GST Council will meet on Saturday to discuss online gaming tax, fertilizer recommendations, and other crucial issues, including GST rate rationalization and amendments to GST laws.

The GST Council will meet on Saturday to discuss taxation of online gaming, corporate guarantees, and spectrum fees. The meeting will also review the 28% GST on online gaming bets.

The National Company Law Tribunal (NCLT) has initiated insolvency proceedings against Himalayan Mineral Waters for defaulting on a corporate guarantee given for LeeL Electricals. The insolvency...

Biocon has been fined over Rs 3 crore by the GST authorities for issues related to input tax credit reporting errors, denial of input tax credit on sales, and other irregularities.

Jubilant Foodworks Ltd plans to acquire the remaining 45.33% of DP Eurasia, the Domino's Pizza franchisee in Turkey, Azerbaijan, and Georgia, through an open offer for Rs 769.54 crore.

JSW Energy's subsidiary, JSW Energy (Barmer) Ltd, will provide a corporate guarantee for a Rs 954 crore loan to Barmer Lignite Mining Company, a joint venture with Rajasthan State Mines & Minerals...

Moody's has affirmed Ba1 corporate family rating for JSW Steel, citing the company's strong market position in India and efficient operations. The rating agency also assigned Ba1 to proposed USD...

JSW Infrastructure has issued a corporate guarantee of USD 126 million to Axis Trustee Services for a financial aid to be availed by its subsidiary JSW Terminal (Middle East) FZE.

Jubilant Foodworks plans to acquire an additional 51.16% stake in DP Eurasia, the Domino's Pizza franchisee in Turkey, Azerbaijan and Georgia, for up to Rs 670 crore.