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