MoneyWorks4Me

Kirloskar Industries get RBI’s nod to carry on business of core investment company

18 Oct 2012 Evaluate

Kirloskar Industries has been granted exemption by Reserve Bank of India (RBI) from the requirement of registration under Section 45-IA (4) of the Reserve Bank of India Act, 1934, for carrying on the business of a Core Investment Company vide its letter dated October 15, 2012.

Kirloskar Industries is engaged in manufacturing of diesel engines. It is part of Kirloskar group of companies that has business interest in various sectors such as manufacturing, oil and gas, power, construction and mining, agriculture, industry and transport.

Peers
Company Name CMP
Bharat Heavy Elect. 428.00
Thermax 3568.35
Kirloskar Industries 3788.30
Skipper 532.65
INDO-MIM 993.65
View more..