An order worth $500 million has been received from a telecom service provider in the US. The company will provide services to the contractor for 5 years.
Dixon Tech ,
Will do the same with HKC Corporation Limited. Will do joint venture for manufacturing company of LCM. LCM stands for Liquid Crystal Module. The joint venture will assemble smartphones, TVs, monitors and auto displays. Will sell HKC branded products in India. The venture will provide incentives to set up electronic component ecosystem.
Tata Chemicals ,
Tata Chemicals Europe has been fined £1.1 million. The fine was imposed by Chester Crown Court in the UK. The fine has been imposed for an accident in 2016. In the incident, the contractor was injured on the spot and later died. A few weeks after being discharged from hospital, the contractor died unexpectedly. Tata Chemicals, a subsidiary of Tata Chemicals, is a European company. An incident in 2016 resulted in the injury of a contractor on site.
Muthoot Microfin ,
Muthoot Microfin has signed an agreement with SBI. Muthoot Microfin Company is a subsidiary of Muthoot Finance. Agreements have been signed to empower women entrepreneurs. To provide financial services to women entrepreneurs in semi-urban and rural areas of India.
ICICI Bank ,
Market regulator SEBI has issued an administrative warning to ICICI Bank. ICICI Securities has warned about delisting of shares. ICICI Bank did not conduct the ICICI Securities delisting outreach program properly.
PB Fintech ,
SEBI sent a show cause notice to the Chief Executive Officer. The company has given a statement on the notice. There will be no impact on the functioning of the company. We will take legal advice to take appropriate action on the show cause notice.