Life Insurance Corporation of India (LIC) has been recognized as the leading insurance brand, floating with a substantial brand value of US$ 9.8 billion, a brand strength index score of 88.3, and an esteemed AAA brand strength rating has been touted by the Brand Finance Insurance 100 2024 report. The report also highlights Cathay Life Insurance as the second strongest brand, experiencing a 9% growth in brand value to reach US$ 4.9 billion, followed by NRMA Insurance, which w
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The Borrowing includes fundraising through Taxable Bonds/Green Taxable Bonds/Sub-ordinated Tier-II Bonds/Perpetual Debt Instruments (PDI)/ Green Masala Bonds/Green Foreign currency bonds (USD/EUR/JPY)/Foreign currency bonds (USD/EUR/JPY)/Term loan from Banks and FI’s from domestic market/Lines of credit from international agencies/Public & private placement of Tax-free bonds/Capital Gains Bonds/Commercial Papers/Short term loans/CC/WCDL from Banks/Foreign Currency Non-Resident (FCNR -B
The board members of Canara Bank have accorded approval for initiating the process of diluting a part of its stake by listing its subsidiary, Canara Robeco Asset Management Company Ltd (CRAMC), on the stock exchange through an initial public offering (IPO). The CRAMC consists of Canara Bank’s joint venture with Orix Corporation, Japan, with the bank holding a 51 percent stake. The public sector bank has decided to dilute 13 percent of its stake by listing CRAMC on the stock exchan
The Indian Navy has received the delivery of ‘Ammunition Cum Torpedo Cum Missile Barge, LSAM 18, part of 11x ACTCM Barge Project, built by MSME Shipyard, M/s Suryadipta Projects Pvt Ltd, Thane at Naval Dockyard, Mumbai for NAD(Karanja). The contract for building 11 X ACTCM Barge was signed between MoD and M/s Suryadipta Projects Pvt Ltd, Thane on 05 Mar 21. Induction of these Barges would provide impetus to the operational commitments of IN by facilitating Tran
The company board has proposed to issue equity shares to M/s. Money Seeds represented by non-promoter groups by way of preferential allotment. According to the exchange filing made by the company, it is stated that under circular Resolution dated 28th March 2024, the company has approved the Allotment of 1,10,00,000 Equity Shares of the Company having a face value of Re.1/- each, at an issue price of Re.16.60/- per Equity Shares (including a premium of Re.15.60 per Equity Shares) for an aggre
New Delhi: As a significant step towards decarbonization in Steel Authority of India Limited, an agreement has been signed by SAIL’s Durgapur Steel Plant & SAIL-EMD with Sentra world aimed to explore the viability of employing Sentra world's digital platform as a tool for managing carbon dioxide emissions.
Team Engineers India Limited, along with Team HRRL, achieved another critical milestone at the 'Jewel of the Desert', grassroot Rajasthan Refinery project with the Mechanical Completion of the Refinery Cooling Tower & Cooling Water Treatment Plant (CT-01).
Coal India Limited organised a one-day workshop on RTI Act with emphasis on role of PIOs & FAAs at its corporate headquarters in Kolkata. Shri B.K. Tripathy, CVO CIL, inaugurated the workshop.
New Delhi: The new website of Bharat Electronics Limited, https://bel-india.in, was launched today (March 28, 2024) by Mr Bhanu Prakash Srivastava, CMD.
New Delhi: Bharat Heavy Electricals Limited has been awarded the Council for Fair Business Practices' 'CFBP Jamnalal Bajaj Uchit Vyavhaar Puraskar for Fair Practices 2023-24', in the 'Manufacturing Enterprise - Large' category.
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