MARKETS

BSE Prices delayed by 5 minutes... Prices as on Apr 20, 2018 - 11:59AM   ABB India 1257 [ 0.64% ]ACC 1571.35 [ -0.18% ]Ambuja Cements Ltd. 246.5 [ -0.30% ]Asian Paints Ltd. 1145.8 [ -1.80% ]Axis Bank Ltd. 507.1 [ -1.25% ]Bajaj Auto Ltd. 2811.95 [ -1.51% ]Bank of Baroda 141.55 [ -2.41% ]Bharti Airtel 396.95 [ 0.51% ]Bharat Heavy Ele 89.4 [ 1.30% ]Bharat Petroleum 372.35 [ -1.38% ]Britannia Ind. 5314 [ -1.44% ]Cairn India Ltd. 285.4 [ 0.90% ]Cipla 588.2 [ 0.68% ]Coal India Ltd. 285.7 [ 1.01% ]Colgate Palm. 1102.35 [ -0.73% ]Dabur India 353.5 [ -1.05% ]DLF Ltd. 210.2 [ -2.16% ]Dr. Reddy's Labs 2120 [ -0.49% ]GAIL (India) Ltd. 329.75 [ -1.63% ]Grasim Inds. 1086.35 [ -1.60% ]HCL Technologies 1049.3 [ 3.33% ]HDFC 1839.75 [ -1.32% ]HDFC Bank 1945 [ 0.16% ]Hero MotoCorp 3715 [ -0.38% ]Hindustan Unilever L 1451.55 [ -0.19% ]Hindalco Indus. 257.8 [ -2.63% ]ICICI Bank 286.05 [ -1.07% ]IDFC L 53.6 [ 0.00% ]Indian Hotels Co 147 [ -1.38% ]IndusInd Bank 1805.15 [ -1.58% ]Infosys 1174.2 [ 3.66% ]ITC Ltd. 274.4 [ -0.94% ]Jindal St & Pwr 249.35 [ -4.13% ]Kotak Mahindra Bank 1149.05 [ -0.53% ]L&T 1372.95 [ -0.82% ]Lupin Ltd. 794.5 [ 0.56% ]Mahi. & Mahi 798 [ -0.64% ]Maruti Suzuki India 9042.9 [ -0.37% ]MTNL 19.8 [ -1.98% ]Nestle India 9188 [ 0.38% ]NIIT Ltd. 105.75 [ 0.95% ]NMDC Ltd. 122.5 [ -2.04% ]NTPC 176 [ -0.82% ]ONGC 182.3 [ -0.46% ]Punj. NationlBak 93.2 [ -3.02% ]Power Grid Corpo 207.5 [ -0.34% ]Reliance Inds. 925.45 [ -1.68% ]SBI 240.8 [ -2.21% ]Vedanta 304.4 [ -2.34% ]Shipping Corpn. 73.5 [ -3.98% ]Sun Pharma. 504.45 [ -0.85% ]Tata Chemicals 732.25 [ -0.94% ]Tata Global Beverage 285.65 [ -0.16% ]Tata Motors Ltd. 340.8 [ 1.78% ]Tata Steel 604.4 [ -2.60% ]Tata Power Co. 85.8 [ -1.27% ]Tata Consultancy 3378.05 [ 5.87% ]Tech Mahindra Ltd. 680.95 [ 2.35% ]UltraTech Cement 4100.1 [ -0.01% ]United Spirits 3456 [ -0.71% ]Wipro Ltd 297 [ 1.85% ]Zee Entertainment En 588.9 [ -0.48% ]

News Details

You can view in detail.
Venus Remedies L - Updates 12/01/2018 20:00

Venus Remedies Limited has informed the Exchange that 'Export-Import Bank of India (EXIM) has unilaterally declared Venus Remedies Limited and its directors as 'Wilful Defaulters'. In this regard it is pertinent to mention that the said action on the part of EXIM bank is arbitrary, unjust, contrary to facts and thus illegal since the same has been taken against principles of natural justice. Further, it is relevant to state that the CDR was approved as per RBI?s circular BRI/2013-14/503 dated 26.2.2014 which mandates that only those accounts which are not a willful defaulter can be restructured. Hence, admittedly, the Company was not a willful defaulter. Furthermore, the Company is subject to regular audits as per MRA/decisions of JLF meetings. At no point of time, there has been any finding of the company being a ?wilful defaulter?. Moreover, the Cash Flow Statement for FY 2015-16 to FY 2016-17 clearly shows that there is no sufficient generation of funds.'.

LOAD MORE