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.