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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
Thu. Apr 11th, 2024
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Stock Updates

🔸 Bajaj Auto

The company has made further investment of Rs. 45.75 crores in Yulu Bikes Private Limited (Yulu Bikes), India’s largest shared electric two wheeler mobility company

🔸 RVNL & SALASAR

They have emerged as the lowest bidder from Madhya Pradesh Power Transmission Company Limited for construction of 132 KV & 220 KV Transmission Lines and associated Feeder Bays. The order cost is Rs. 173.99 crores

🔸 Sona BLW

The Company has received certification for one of its product i.e. hub wheel drive motor for electric two-wheelers under the PLI scheme

🔸 Vodafone Idea

The board will meet on Feb. 27 to consider fundraising proposals. KM Birla has said the Aditya Birla Group does not plan to exit the business and is looking for new investors.

🔸 Bank of Baroda

The lender raised Rs 2,500 crore via Tier II bonds at a 5.57% coupon

🔸 IRCTC

The company has tied up with Swiggy for supply & delivery of pre-ordered meals through IRCTC e-catering portal as a Proof of Concept in the first phase at four Railway stations i.e. Bengaluru, Bhubaneswar, Vijayawada & Visakhapatnam.

🔸 ION Exchange India

NCLT, Mumbai-approved scheme of amalgamation of Global Composites and Structurals and Ion Exchange Environment Management with Ion Exchange

🔸 Angel One

The board approved raising up to Rs 2,000 crore in tranches.

🔸 Morepen Labs

The board approved raising funds up to Rs 350 crore via QIPs.

🔸 IRB Infrastructure

The company approved raising up to $550 million via FX bonds.

🔸 PFC

The company will consider a fundraising proposal on Feb. 29.

🔸 Oil India

The company signed an MoU with Fertilisers and Chemicals Travancore (FACT) for green hydrogen.

🔸 Bharat Forge

The company has invested Rs 133.58 crore in Bharat Forge Global Holding GmbH.

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