Bharat Electronics Gets MCA Nod for Joint Venture with Israel Aerospace, Shares Fall 3%
Shares of Bharat Electronics Ltd. (BEL) fell by 3% after reaching a day’s high of Rs 294.60 on 30th September, despite the company announcing that...
Tag : Ministry of Corporate Affairs (MCA)
Adani-Hindenburg Row: Further Action on Adani After SC Decision, Sebi Report
Government Agencies and the Ministry of Corporate Affairs (MCA) will await the outcome of Sebi’s investigation into allegations related to the Adani group before deciding...
Shipping Corporation Shares Soar 10% After Govt Approval of Demerger Plan
Shares of the state-run Shipping Corporation of India (SCI) soared 12% to Rs 128.9 per share in intraday trade on the BSE on Thursday. The...
MCA Approves Demerger of NMDC Steel from NMDC
Steel giants such as ArcelorMittal, POSCO, Jindal Steel and JSW Steel are preparing to bid for the steel fabrication facilities of NMDC, India’s largest iron...
Digit Insurance’s FY21 Net Loss Shrinks As Revenue Soars Over 50%
The general insurance company Digit Insurance’s net loss shrank sharply in 2020-21 (FY21) following solid revenue growth during the year. The company, owned and operated...
Hike Exits WinZo Following $12 Mn Buyback
Hike, an early investor in social gaming platform WinZO has exited the firm following a $12 million buyback from the platform. WinZO said that this...
Overseas Listing Just Got a Lot Easier for Indian Tech Companies, Startups
Indian technology companies eyeing a US listing got a fillip after the Ministry of Corporate Affairs (MCA) on Friday clarified that such firms would not...
ICICI Bank Launched ‘iStartup2.0’ as a ‘One-Stop-Shop’ for Startups
ICICI Bank on Wednesday announced the launch of ‘iStartup2.0’, a programme for startups to take care of their banking and beyond-banking needs such as regulatory assistance,...