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January 29, 2024

stock updates HDFC Bank Life Insurance Corp has received the Reserve Bank of India’s nod for acquiring up to a 9.99% stake in HDFC Bank Ltd Tata Group Airbus partners with Tata Group to set up India’s first helicopter final assembly line in the private sector DLF The company acquires 29 acres land in Gurugram’s Golf Course Extension for Rs. 825 crores SJVN The Company successfully bagged 100 MW Solar Project of GUVNL Phase XXI Shriram Finance The company will consider raising of funds by way of issue of redeemable non-convertible debt securities including bonds in onshore/offshore market on private placement basis Exide Industries Limited The company has invested Rs. 50 crore by way of subscription in the equity share capital of its wholly owned subsidiary Exide Energy Solutions Limited Karnataka Bank The Board of Directors in its meeting have approved to raise balance Rs. 700 crores by way of preferential issue for an amount up to Rs. 100 crore and an amount aggregating up to Rs. 600 crores through, private placement, qualified institutions placement and/or any combination Piramal Enterprises Limited The company has entered into share purchase agreement to sell its entire direct investment of 20% of the fully paid-up equity share capital held in Shriram Investment Holdings Private Limited to Shriram Ownership Trust for a consideration of Rs. 1,440 crores Macrotech Developers Limited The company has approved the proposal for enabling raising of funds up to Rs. 5000 crores by way of issuance of equity shares, eligible securities, other securities or instruments or any combination of securities, in one or more tranche or tranches Shyam Metallics and Energy Limited NCLT Kolkata has approved the Scheme of Amalgamation of Platinum Minmet Private Limited with Shyam Sel and Power Limited, wholly owned subsidiary of the company PVR INOX Limited Opened 4 screen multiplex at Mittal Mall,Ajmer, Rajasthan. IRB Infra Arbitration tribunal grants award in favour of SPV in a case against NHAI, IRB Infra says the company will receive Rs. 1681 crores in compensation. IRB is also entitled to receive further interest from the date of the award till the date of realization of the compensation Jubilant Pharmova Company’s wholly owned subsidiary to sell its entire 25.8% stake in Sofie Biosciences Inc for aggregate proceeds of about $ 139.43 million Subex The company gets RBI’s in-principle nod to set up Account Aggregator Services

stock updates HDFC Bank Life Insurance Corp has received the Reserve Bank of India's nod for acquiring up to a...