Stocks in News - 28 Sept 2021 1) RBL Bank: RBI has imposed a | Groww

Stocks in News - 28 Sept 2021

1) RBL Bank: RBI has imposed a penalty of Rs 2 crore on RBL Bank for breaching deposit and board composition norms.

2) Maruti Suzuki: Maruti Suzuki has told its component suppliers to be ready for the production of 160,000-180,000 cars and SUVs in October, as per reports.

3) Reliance Industries: The company is in talks to buy a stake in Glance InMobi Pte, according to a media report.

4) BPCL: BPCL is planning to invest Rs 1 lakh crore over the next 5 years in raising petrochemical production capacity, gas business, clean fuel, and augmenting marketing infrastructure.

5) Adani Enterprises: Adani Airport Holdings, a subsidiary of Adani Enterprises, has signed a Share Subscription Agreement with April Moon Retail (AMRPL) for a strategic partnership to operate duty-free outlets in airports.

6) Whirlpool of India: The company has entered into a share purchase agreement with Elica S.p.A to acquire an additional stake in Elica PB India.

7) Bharat Forge: The company’s Aerospace Business Division has successfully achieved the Nadcap accreditation for Metallic Materials Manufacturing.

8) Websol Energy System: The company has received approval for its Websol Module from the MNRE, Government of India.

The company has also received approval of its module from BIS and IEC61215.

9) Indian Metals & Ferro alloys: ICRA has upgraded the rating of Indian Metals & Ferro Alloys for the long-term loan facilities to A+ from A.

For short-term loan facilities, the rating has been upgraded to A1+ from A1.
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