Dish TV India, NBCC (India), Tata Motors DVR and Castrol India will be excluded from the Futures and Options segment of National Stock Exchange of India. Accordingly, no contracts shall be available for trading in the above mentioned securities with effect from 31 January 2020.
The board of Zee Entertainment Enterprises completed the process of reconstitution of the board and appointed three new independent directors in lieu of two independent and one nominee Director of Essel Group, namely Niharika Vora, Sunil Sharma and Subodh Kumar, respectively. The founder of ZEE, Subhash Chandra, expressed his intent to step aside as the Chairman of the company. The board accepted his resignation with regret and applauded his vision for the company and the industry at large.
Ashok Leyland signed a Memorandum of Understanding (MoU) with lClCl Bank to enter into a strategic financing partnership for two years. This MoU will enable both Ashok Leyland and ICICI Bank to offer customised financial solution to customers across India with focus on semi-urban and rural geographies.
Goodyear India said that the company has decided to close its manufacturing operations of the plant situated at Ballabgarh, (District-Faridabad) Haryana, from 25 November 2019 to 30 November 2019 (both days inclusive) to align production in line with the market demand.
Aarti Industries said that the company has incorporated two wholly-owned subsidiaries namely Aarti Organics and Aarti Bharuch. Aarti Organics and Aarti Bharuch are yet to commence business operations.
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