Sep 2, 2021
By: Rounak Jain
Credit: BCCL
RBI imposed a penalty of ₹25 lakh on the bank for violating certain know your customer (KYC) norms.
Credit: Axis Bank
Production in August surged 14.6 percent to 42.6 metric tonnes, year-on-year.
Credit: BCCL
Approved an interim dividend of ₹18.5 per equity share, with the record date set for September 9, 2021.
Credit: Vedanta
Ami Organics IPO fully subscribed, with 190 percent demand on Day 1. Vijaya Diagnostic IPO subscribed 30 percent on Day 1.
Credit: Flickr
Raised ₹4,000 crore via issue of Additional Tier 1 (AT1) bonds at a coupon rate of 7.72 percent.
Credit: Wikimedia
Its subsidiary has acquired a 90 percent stake in Shree Venkateshwara Electrocast, an aluminum foil manufacturer, for ₹22.28 crore.
Credit: Shyam Metalics
Completed the sale of its stake in Airtel Payments Bank for a consideration of ₹295 crore.
Credit: BCCL
Royal Enfield sales fell 9 percent in August to 45,860 units, compared to 50,144 units a year ago.
Credit: Eicher Motors
Extended the shutdown of one of the roasters at the Chanderiya Lead Zinc smelter plant which is expected to lead to a loss of 25,000 tonnes of zinc production.
Credit: Hindustan Zinc
The Telangana government has approved the company’s ₹1,000 crore expansion plan in the state.
Credit: Wikimedia