Axis Bank appoints Amitabh Chaudhry as the managing director and chief executive officer after receiving necessary approval from RBI. JK Lakshmi Cement to issue securities up to Rs500cr.
Tata Motors’ Jaguar Land Rover’s total retail sales for August fell 4.9% to 36,629 units yoy basis.
HEG and Graphite will be in focus after Supreme Court allowed import of needle pet coke.
Thyrocare Technologies’ board has approved a buyback of 8.63 lakh shares at Rs730 per share aggregating to Rs66cr.
Reliance Industries’ subsidiary Reliance Retail Ventures acquired additional 16.31% equity holding in Genesis Colors for Rs34.8cr.
Soril Infra Resources is planning to raise Rs550cr for diversification/expansion of the existing and future businesses.
Bank of India, Bank of Maharashtra, and Union Bank of India received a penalty order of Rs1cr each from Reserve Bank of India.
HDIL sought shareholders’ approval to raise $200mn.
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RITES won a turnkey railway order worth Rs294.67cr from ministry of railways for doubling of rail lines for South Western Railways.
Omax Autos to set up a new unit in Uttar Pradesh, for manufacturing products, and equipment supplied to railways with an investment of Rs100-120cr.
Goa Carbon’s production for August stood at 13,730.8mt and sales at 14,726.8mt.
Coal India received a notice from Orissa State Pollution Control Board for non-compliance of environmental norms.
Linde India received an approval from Competition Commission of India for its combination with Praxair, subject to compliance of certain modifications, as per media report.
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