Stock Updates
Dalmia Cement (Bharat) limited entered into a share subscription & shareholder agreement to acquire 26% stake in equity share capital of Truere Surya Private Limited at Rs 44.80 crores
Adani Power is planning to more than triple the capacity of its Kawai power plant in Rajasthan with an investment of up to ₹18,000 crore.
AU Small Finance Bank has applied to the Reserve Bank of India for transition to a universal bank, which would ease regulatory norms, including lower capital adequacy requirements and reduced priority sector lending obligations.
TCS has expanded its partnership with Google Cloud to launch two AI-powered cybersecurity solutions: the TCS Managed Detection and Response (MDR) solution and the TCS Secure Cloud Foundation.
Sonata Software has completed the merger of Encore Software Services Inc, USA (a wholly owned subsidiary of Sonata Software North America Inc, USA) with SSNA.