Sterlite Technologies in focus

Sterlite Technologies said the company has added new orders of Rs 1,500 crore. These orders have ranged from continued business development in its core areas of optical connectivity solutions and network services to emerging areas such as software virtualization.

Asian Paints said the meeting of board of directors of the company will be held on Tuesday, 25 February 2020, to consider and approve payment of second interim dividend, if any, for the financial year ending 31 March 2020. The record date for payment of second interim dividend, if declared, will be Wednesday, 4 March 2020.

Vodafone Idea informed that Brickwork Ratings, has downgraded its rating on Non-Convertible Debentures aggregating to Rs 2,500 crore from 'BWR BBB-' to 'BWR BB-'.

GAIL (India) said the amount of Rs 1,83,076 crore that it has to pay as AGR dues and penalties derived in provisional assessment orders by the department of telecommunications (DoT) is legally not tenable. The company also said it has filed a plea at the Supreme Court to seek clarification on the orders passed.

Sunteck Realty said the response for Sunteck MaxXWorld at Naigaon continues to remain encouraging with number of units sold reaching a mark of more than 1800 apartments.

Infibeam Avenues said that it has made inroads into United States of America, the world's second largest digital payments market by revenue. The company will offer its vast array of digital payment solutions to web and mobile based small and medium enterprises (SME) largely operating in the online retail, education, hospitality and travel and tourism industry, apart from other industry verticals under the brand CCAvenue.

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