The Indian Wood Products Company Ltd. (IWP), incorporated in 1919, is a Pioneer in manufacturing of Katha (Catechu) and Cutch in India. This Kolkata based company with over 90 years of experience is mainly into the business of production, processing and marketing of high quality Katha, Cutch and Catechins at Izatnagar, Bareilly (UP). The Company recently got directly listed in BSE and admitted to dealings on the exchange in the list of XT Group and soon got shifted to X Group. Mr. Krishna Kumar Mohta is the...
Shilpa Medicare Ltd. (SML), established in 1987 at Raichur, Karnataka is engaged in the production and exports of consistently high-quality Active Pharmaceutical Ingredients (API) Fine Chemicals, intermediates, herbal products and speciality chemical products using sophisticated technology, meticulously following international specifications with Mr. Omprakash Inani as Chairman and Mr. Vishnukant C. Bhutada as MD. Over the period of time, it has shifted its focus towards creating a niche in pharmaceutical manufacturing particularly in Oncology generics. It is one of the leaders in the Oncology market and offers a complete range of products in this segment spanning across APIs, formulations both in terms of R&D; and manufacturing capabilities along...
Hindustan Aeronautics Ltd. (HAL) incorporated in 1963 is Bengaluru based wholly-owned Government of India (GoI) Company under the administrative control of the Ministry of Defence (MoD). HAL is one of the Navratna' company since June 2007 and the largest Defence Public Sector Undertakings (DPSU) in terms of value of production as per MoD report, primarily involved in the operations of the aerospace industry. It is engaged in the Design, Development, Manufacture, Repair, Overhaul, Upgrade and Servicing of a wide range of products...
Bandhan Bank Ltd. (BBL), incorporated in 2014 is a Kolkata based commercial bank promoted by its founder, MD and CEO Mr. Chandra Shekhar Ghosh. BBL provides pan-India services with focus on micro banking and general banking services majorly serving under-banked and underpenetrated markets in India. BBL is the first microfinance company and the first in a decade that was granted a banking license. BBL started its operation as an NGO in 2001 which was transferred into India's largest microfinance company by number of customers and size of loan...
Bharat Dynamics Ltd. (BDL), incorporated in 1970 is Hyderabad based whollyowned Government of India (GoI) Company under the administrative control of the Ministry of Defence (MoD). It's a Miniratna Company (Category I) engaged in manufacturing of defence equipments. BDL manufacturers Surface to Air missiles (SAMs), Anti-Tank Guided Missiles (ATGMs), underwater weapons, launchers,...
CESC Ltd. formerly known as Calcutta Electric Supply Corporation, incorporated in 1978 is the Kolkata-based flagship company of the RP-Sanjiv Goenka Group. It is a fully integrated power utility company with its operation spanning the entire value chain: right from mining coal, generating power and distribution of power across 567 sq. Kms of its licensed area in Kolkata and Howrah, West Bengal. CESC's diversified segments include Power, which is engaged in generation and distribution of electricity; Retail, which includes organized retailing; Property, which is engaged in property development, and Processing Outsourcing, which includes business process outsourcing. Company owns and operates three thermal...
The Reserve Bank of India (RBI) has come out with its Sixth Bi-monthly Monetary Policy review (2017-18), wherein, it maintains status quo on the policy rates while keeping a neutral stance but mentioned about lurking inflationary threat, fiscal slippage, surging global crude oil prices and the likely fallout of volatility in global financial markets. The decision of the Monetary Policy Committee (MPC) is consistent with the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4% within a band of +/- 2%, while supporting growth. Following are the policy measures and vital announcements by the RBI. The RBI has kept the Repo Rate under the Liquidity Adjustment Facility (LAF) unchanged at 6.00% for the third time in a row. Accordingly, Reverse Repo Rate under the LAF determined with a spread of 25 basis points below the Repo rates...
The interest income of the company was Rs. 6,984 crore in the Q2FY18, slightly up from Rs. 6,968 crore year ago. The company has made a provision of Rs. 1,089.86 crore for nonperforming assets (NPAs or bad loans) in the Q2FY18, which is higher than Rs. 313.36 crore year ago. The company's gross NPAs as on 30 September 2017 stood at Rs. 21,504.44 crore, down from Rs. 30,718.61 crore on 31 March 2017. Its loan book as on FY17 includes sanction of Rs. 1,00,603 crore with disbursement amount of Rs. 62,798 crore. Of total loans ~72% of advances belong to state power utilities, 9% to central power utilities, 14% to private power utilities and 5% to joint...
