Last Updated: March 03, 2023, 08:15 IST
The Nifty futures contract traded on the Singapore Exchange signifies a constructive begin to home equities. The contract was buying and selling at 17,475.50, up 120.50 factors or 0.69% from the earlier shut.
Adani Green Energy
The firm now has its fourth wind-solar hybrid energy plant totally operational at Jaisalmer in Rajasthan, with a era capability of 700 MW, taking the overall working renewable portfolio of the corporate to 8,024 MW. The new hybrid plant has an influence buy settlement (PPA) at Rs 3.24 per kWh for 25 years. Separately, SB Adani Family Trust offloaded 5.56 crore fairness shares in Adani Green Energy through open market transactions at a median worth of Rs 504.6 per share, amounting to Rs 2,805.6 crore. However, Goldman Sachs Trust II-Goldman Sachs GQG Partners International Opportunities Fund purchased greater than 2.25 crore fairness shares within the firm and GQG Partners Emerging Markets Equity Fund bought 1.38 crore shares at a median worth of Rs 504.6 per share, which had been completely price Rs 1,833.6 crore.
Mahindra & Mahindra Financial Services
The firm evaluated the overall disbursement of roughly Rs 4,185 crore for February 2023, a 53% development over February 2022. The mortgage guide in February 2023 grew additional by 1.5% over January 2023.
Happiest Minds Technologies
The firm’s board has accepted the fundraising of Rs 125 crore through the difficulty of 12,500 non-convertible debentures on a personal placement foundation within the home market in three tranches.
Hindustan Petroleum Corporation
The firm has raised Rs 1,650 crore through non-convertible taxable debentures on a personal placement foundation.
Karnataka Bank
Karnataka Bank stated Muralidhar Krishna Rao demitted the workplace of CFO on March 01 and the Bank has appointed Abhishek Sankar Bagchi as new CFO.
SBI, YES Bank
State Bank of India could look to decrease its stake in Yes Bank after a lock-in interval ends on March 13, which was put in place by the central financial institution as part of the lender’s restructuring, Reuters reported.
PVR
Leading multiplex chain operator PVR to spend about Rs 450-500 crore of capex on new screens and the corporate, submit the merger with Inox, is now trying to add 200 screens yearly, and faucet the potential of smaller markets.
Zydus Lifesciences
Zydus Lifesciences has acquired last approval from the United States Food and Drug Administration (USFDA) for Acyclovir Cream, which belongs to a category of medicines referred to as antivirals.
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