Last Updated: February 23, 2023, 08:34 IST
The Nifty futures contract traded on the Singapore Exchange signifies a optimistic begin to home equities. The contract was buying and selling at 17,673.50, up 37.5 factors or 0.21% from the earlier shut.
Wipro: Wipro Lab45, the innovation lab of Wipro, introduced the launch of its decentralized id and credential trade (DICE) ID, which places customers in charge of their private knowledge and allows sooner, simpler and safe sharing of personal info on-line.
Adani Green: Sri Lanka’s Board of Investment on Wednesday accepted two wind energy crops by India’s Adani Green Energy Ltd with a complete funding of $442 million, a press release issued by the board stated. “The two wind power plants of 350 MW are scheduled to be commissioned in two years and accordingly, they will be added to the national grid by 2025,” the statement added.
Tata Steel: The company has acquired 4.69 crore shares of its indirect subsidiary Neelachal Ispat Nigam at Rs 64 apiece, aggregating to Rs 300 crore in the first tranche of investment.
Sonata Software: The company’s North America arm will buy 100 per cent stake in Quant Systems Inc, a Texas based IT services corporation for an upfront payment of $65 million and will pay up to $95 million over 2 years for achievement-based earn-outs.
Zee Entertainment: The bankruptcy court NCLT has admitted IndusInd Bank’s Insolvency Plea against Zee Entertainment. The order is in response to a petition filed by IndusInd Bank after Zee failed to fulfill its obligations under a debt service reserve account agreement.
H.G. Infra: The company has been declared as the lowest bidder (L-1) by Rail Vikas Nigam for a project worth Rs 535.15 crore. HG Infra had bid for Rs 466 crore.
Mahindra CIE: The company posted a consolidated loss of Rs 657 crore versus a profit of Rs 80 crore a year ago, and Rs 171 crore in the preceding quarter. Its revenue rose 34.5 per cent to Rs 2,246 crore from last year.
Lemon Tree Hotels: The company announced its latest signing, Lemon Tree Hotel, Bhopal, Madhya Pradesh. The property is expected to be operational by December 2023 and shall be managed by Carnation Hotels, a wholly-owned subsidiary and the management arm of Lemon Tree Hotels.
Hero MotoCorp: VIDA, powered by Hero, has expanded its “Worry-Free EV Ecosystem” and arrange public charging infrastructure in Bengaluru, Delhi and Jaipur.
Orient Cement: The company has entered into a non-binding Memorandum of Understanding (“MoU”) with Adani Power Maharashtra Limited (“APML”) for facilitating bona fide use of land identified to establish a cement grinding unit at Tiroda in Maharashtra.
Disclaimer:Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
Read all of the Latest Business News right here
