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Axis bank The Competition Commission of India has considered the proposed combination and approved the subscription to 14,25,79,161 equity shares of Max Life by the Bank. KEC International The company has secured new orders of Rs. 816 crores across its various businesses Brigade Enterprise Brigade Group signs a Joint Development Agreement for an Office Space in Whitefield, Bengaluru with a Development Value of Rs.340 Crores. Vedanta Vedanta Aluminium Expands Alumina Refining Capacity to 3.5 million tonnes per annum (MTPA)”. Anup Engineering Board fixed 23rd April 2024 as the Record Date for bonus issue Gufic Biosciences The company has incorporated a wholly owned subsidiary, “VEIRA LIFE FZE,” in Dubai for the marketing, distribution, and sale of pharmaceutical products. GE Power The company received orders worth Rs 774.9 crore from Jaiprakash Power. Suryoday Small Finance Bank The company reported disbursements at Rs 2,340 crore, up 39% YoY in the fourth quarter, gross advances at Rs 8,650 crore, up 41% YoY and total deposits at Rs 7,775 crore, up 50% YoY. RBL Bank The company reported total deposits at Rs 1.03 lakh crore, up 22% YoY as of March 31 and gross advances at Rs 85,640 crore, up 5% YoY. Vodafone Idea The board will meet on April 6 to consider share issuance proposals of equity and/or convertible shares on a preferential basis. L&T Finance Holdings The company reported retail loan book at Rs 80,010 crore in the fourth quarter, up 31% YoY and retail disbursements at Rs 15,030 crore, up 33% YoY
Sun. Apr 14th, 2024

STOCKS IN ACTION 10 JANUARY Mahindra and Mahindra: The company will collaborate with a US-based automobile technology company, Mobileye for software solutions and to explore building a full-stack autonomous driving system. Power Finance Corp: The company received a no-objection letter from the Reserve Bank of India for setting up a finance company in the International Financial Services Centre situated in GIFT City, Gujarat. Polycab India: The company denied media reports of tax evasion and said that it has not received any communication from the income-tax department regarding the outcome of the search. Lupin: The pharma major received approval from the USFDA for the launch of Bromfenac Ophthalmic Solution, 0.07% in the United States. Shyam Metalics And Energy: The company raised Rs 1,385 crore through qualified institutional placement at Rs 576 per share, which indicated a discount of 9.70% to the current market price. Steel Strips Wheels: The National Company Law Tribunal approved the acquisition of the AMW Autocomponent. The company has also invested Rs 138.15 crore into AMW Autocomponent through a mix of equity for Rs 5 crore and an inter-corporate loan of Rs 133.15 crore. IRCTC: The Railway Ministry nominated Sanjay Kumar Jain as the chief managing director of the company. Life Insurance Corp: The company has increased its stake to 5% from 4.8% in Navin Fluorine. KIOCL: The company’s operations at the Mangalore pellet plant were suspended due to the non-availability of iron-ore fines. Karnataka Bank: The private lender partnered with Digivriddhi to offer a host of financial services catering to the needs of dairy farmers and milk societies

By earn Jan 11, 2024 #market
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STOCKS IN ACTION 10 JANUARY

Mahindra and Mahindra: The company will collaborate with a US-based automobile technology company, Mobileye for software solutions and to explore building a full-stack autonomous driving system.

Power Finance Corp: The company received a no-objection letter from the Reserve Bank of India for setting up a finance company in the International Financial Services Centre situated in GIFT
City, Gujarat.

Polycab India: The company denied media reports of tax evasion and said that it has not received any communication from the income-tax department regarding the outcome of the search.

Lupin: The pharma major received approval from the USFDA for the launch of Bromfenac
Ophthalmic Solution, 0.07% in the United States.

Shyam Metalics And Energy: The company raised Rs 1,385 crore through qualified institutional placement at Rs 576 per share, which indicated a discount of 9.70% to the current market price.

Steel Strips Wheels: The National Company Law Tribunal approved the acquisition of the AMW
Autocomponent. The company has also invested Rs 138.15 crore into AMW Autocomponent through a mix of equity for Rs 5 crore and an inter-corporate loan of Rs 133.15 crore.

IRCTC: The Railway Ministry nominated Sanjay Kumar Jain as the chief managing director of the company.

Life Insurance Corp: The company has increased its stake to 5% from 4.8% in Navin Fluorine.

KIOCL: The company's operations at the Mangalore pellet plant were suspended due to the non-availability of iron-ore fines.

Karnataka Bank: The private lender partnered with Digivriddhi to offer a host of financial services catering to the needs of dairy farmers and milk societies STOCKS IN ACTION 10 JANUARY

Mahindra and Mahindra: The company will collaborate with a US-based automobile technology company, Mobileye for software solutions and to explore building a full-stack autonomous driving system.

Power Finance Corp: The company received a no-objection letter from the Reserve Bank of India for setting up a finance company in the International Financial Services Centre situated in GIFT
City, Gujarat.

Polycab India: The company denied media reports of tax evasion and said that it has not received any communication from the income-tax department regarding the outcome of the search.

Lupin: The pharma major received approval from the USFDA for the launch of Bromfenac
Ophthalmic Solution, 0.07% in the United States.

Shyam Metalics And Energy: The company raised Rs 1,385 crore through qualified institutional placement at Rs 576 per share, which indicated a discount of 9.70% to the current market price.

Steel Strips Wheels: The National Company Law Tribunal approved the acquisition of the AMW
Autocomponent. The company has also invested Rs 138.15 crore into AMW Autocomponent through a mix of equity for Rs 5 crore and an inter-corporate loan of Rs 133.15 crore.

IRCTC: The Railway Ministry nominated Sanjay Kumar Jain as the chief managing director of the company.

Life Insurance Corp: The company has increased its stake to 5% from 4.8% in Navin Fluorine.

KIOCL: The company’s operations at the Mangalore pellet plant were suspended due to the non-availability of iron-ore fines.

Karnataka Bank: The private lender partnered with Digivriddhi to offer a host of financial services catering to the needs of dairy farmers and milk societies

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