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Tata Steel Mining successful resolution applicant for Rohit Ferro-Tech

Tata Steel Mining successful resolution applicant for Rohit Ferro-Tech
TSML has been declared as successful resolution applicant by the Committee of Creditors for acquisition of Rohit Ferro-Tech Limited on June 5, 2021, subject to it obtaining necessary regulatory approvals, Tata Steel said
PTI | June 7, 2021 | Updated 07:58 IST
Tata Steel Mining Limited (TSML) has been declared as the successful resolution applicant by the creditors of Rohit Ferro-Tech Limited, steel major Tata Steel said on Sunday.
Tata Steel Mining Limited is a wholly-owned subsidiary of Tata Steel.
In a BSE filing, Tata Steel said, TSML has been declared as successful resolution applicant by the Committee of Creditors for acquisition of Rohit Ferro-Tech Limited on June 5, 2021, subject to it obtaining necessary regulatory approvals including approval from the National Company Law Tribunal. ....

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Stocks to watch: PNB, IndiGo, MRF, Tata Steel, Equitas SFB, RBL Bank

Read more about Stocks to watch: PNB, IndiGo, MRF, Tata Steel, Equitas SFB, RBL Bank on Business Standard. The Reserve Bank of India (RBI) approved the re-appointment of Vishwavir Ahuja as the Managing Director & CEO of RBL Bank, for a further period of one year, with effect from June 30, 2021 ....

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Tata Steel Share Price: Stocks in the news: Tata Steel, PNB, Quess Corp, BoB, MRF and DHFL

NIIT: The skills and talent development company said its net profit stood at Rs 46.5 crore in the March 2021 quarter. The company has also strengthened its board with the addition of four new members, including the appointment of Udai Singh Pawar and Leher Vijay Thadani.
Jubilant Pharmova: The drug firm reported a consolidated net profit of Rs 214 crore for the fourth quarter ended March 31, 2021. The company had posted a net profit of Rs 260 crore in the January-March quarter of 2019-20.
VA Tech WABAG: Water treatment player has clocked standalone profit for the quarter ending March 31, 2021 at Rs 32.82 crore. The Chennai-based company had clocked standalone net at Rs 1.38 crore during corresponding quarter previous year. ....

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Market may open flat with positive bias - The Hindu BusinessLine

Market may open flat with positive bias
June 07, 2021
RInfra, Hero Moto, IOL Chem, Welspun, Rohit Ferro to remain in focus
Indian markets are likely to open on a positive note but within the range, amidst positive global cues, easing corona cases and mixed economic data. The BSE Sensex, which narrowly missed topping the all-time high of 52,516.76 on Friday, will remain in focus.
The SGX Nifty at 15,733 (8 am IST) indicates a flat-to-positive opening for Nifty futures, which on Friday closed at 15,700.85 on the NSE.
Most Asia-Pacific stocks are also listless with markets in Japan, China, Australia and South Korea trading little changed. However, Taiwan equities are down about 0.6 per cent. ....

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