KNR Constructions The company will sell stake in three road SP | Trade with Fun

KNR Constructions
The company will sell stake in three road SPVs to Cube Highways & Infrastructure.

Jindal Steel & Power 
The company’s board has approved raising up to $1 billion via senior bonds.

Ipca Laboratories 
CRISIL reaffirmed its credit rating for the company’s commercial paper programme at A1+.

Larsen & Toubro 
The company has completed the sale of its entire stake in L&T Uttaranchal Hydropower to ReNew Power Services.

Aayush Food and Herbs 
Classic Mercantile LLP bought a 5.77 percent stake in the company via an open market transaction on August 30

Bharat Forge 
The company has clarified that media reports of the company being in talks with Tesla for auto components were incorrect.

NHPC 
The company said that Unit 3 (60 MW) of Bairasiul Power Station (3 X 60 MW) in Himachal Pradesh has been tested and commissioned after completion of Renovation and Modernization works.

Bank of Baroda 
Shanti Lal Jain will step down as Executive Director of the Bank w.e.f September 1, due to his appointment as MD & CEO Of Indian Bank.

Axis Bank 
Moody’s has assigned B1 (hyb) rating to the bank’s proposed offshore Additional Tier 1 (AT1) bonds.

HDFC Asset Management Company 
The company has applied for 15 percent of the paid-up equity share capital of AMC Repo Clearing by paying an application amount of Rs 22.18 crore.