Last Updated: March 24, 2023, 08:19 IST
The March futures contract of Nifty 50 suggests a damaging begin for home equities immediately. The contract was buying and selling at 17,058, down 25.5 factors or 0.15 per cent from the earlier shut.
Vedanta: The board of administrators will meet on March 28 to think about and approve the fifth interim dividend for the present monetary yr.
Maruti Suzuki: The firm will likely be mountaineering costs in April 2023 owing to elevated value strain which will likely be handed on by means of the value enhance.
LIC: Financial Services Institutions Bureau has really helpful Siddhartha Mohanty for the place of chairperson of the life insurer.
Hindustan Aeronautics: The authorities will train the greenshoe possibility to promote extra 1.75 per cent stake within the firm because the supply on the market was subscribed 4.5 occasions its base measurement. The challenge will open for retail buyers on Friday.
IT shares: Accenture reported a income of $15.81 billion in Q2, beating its steerage of $15.2-15.75 billion. Its has revised down FY23 steerage to 8-10 per cent from 8-11 per cent. The firm introduced it should lay off 19,000 individuals, or 2.5 per cent of its headcount, on account of wage inflation and value streamlining. It expects a severance value of $1.2 billion.
Campus Activewear: TPG is claimed to promote 7.62 per cent stake price Rs 800 crore in Campus Activewear by way of a block deal immediately at Rs 345 per share, as per a report by CNBCTV-18.
Aether Industries: The firm stated it has signed an preliminary pact with the Gujarat authorities to arrange new manufacturing crops at its Panoli web site with an funding of round Rs 1,000 crore.
Canara Bank: Canara Bank accomplished sale of its 40 per cent stake in Commercial Indo Bank (CIBL) with the State Bank of India for Rs 121.3 crore.
Bajaj Hindusthan Sugar: Bajaj Hindusthan Sugar on Thursday stated it has acquired two firms—Phenil Sugars Ltd (PSL) and Bajaj Power Ventures Private Ltd (BPVPL) — for Rs 800 crore.
PNB: PNB’s board will meet on March 29 to think about fundraising for FY24 by way of Basel III compliant extra tier-I and tier II bonds.
LIC: Financial Services Institutions Bureau has really helpful Siddhartha Mohanty for the place of chairperson in Life Insurance Corporation of India. Mohanty is at present Acting Chairperson of LIC.
IDFC First Bank: The board has permitted the allotment of 37.75 crore shares of Rs 58.18 apiece to wholly owned subsidiary IDFC Financial Holding Company on preferential foundation by means of non-public placement, taking the latter’s stake within the financial institution up to 39.99 per cent.
Lupin: The firm has obtained tentative approval from the US FDA to market obeticholic acid tablets, a generic equal of Ocaliva® Tablets of Intercept Pharmaceuticals, Inc.
Rail Vikas Nigam: The 40:60 JV of Rachana Construction and RVNL has obtained LOA for upgradation to six lane with paved shoulder of Sarkhej-Changodar Section of NH-8A (New NH-47) for Ahmedabad- Bagodara-Rajkot highway on EPC mode in Gujarat. The mission value is Rs 252.21 crore.
Bharat Electronics: The ministry of defence has signed two contracts price Rs 3700 crore with Bharat Electronics for provide of Medium Power Radar and Digital Radar Warning Receiver (RWR) for Indian Air Force.
Tata Steel: The firm acquired the steadiness 24 per cent stake of subsidiary Tata Steel Advanced Materials from Tata Steel Downstream Products for round Rs 17.33 crore.
IRCTC: IRCTC has signed an MoU with Uttarakhand Civil Aviation Development Authority (UCADA) for a interval of 5 years for offering Helicopter ticket reserving service to the pilgrims of Shri Kedarnath Dham on behalf of UCADA.
Indiabulls Housing Finance: The firm allotted 9.16 lakh non-convertible debentures in a public challenge to elevate Rs 91.65 crore.
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