Monday 29 January 2024

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Varun Beverages
Started commercial production of carbonated soft drinks, juices, preform and shrink-film at its production facility at Supa, Maharashtra.

Salasar Techno Engg
Forest Vincom Pvt. bought 21.86 lakh shares (0.69%) at Rs 119.36 apiece.

Maharashtra Seamless
Received 2 contracts worth Rs 116 cr from Indian Oil Corporation Ltd. for supply of seamless pipes.

RailTel Corp of India
SW Capital Private Ltd. bought 18.35 lakh shares (0.57%) at Rs 439.63 apiece.

HDFC Bank
Life Insurance Corp has received the Reserve Bank of India's nod for acquiring up to a 9.99% stake in HDFC Bank Ltd

DLF
The company acquires 29 acres land in Gurugram's Golf Course Extension for Rs. 825 crores

SJVN
The Company successfully bagged 100 MW Solar Project of GUVNL Phase XXI

Shriram Finance
The company will consider raising of funds by way of issue of redeemable non-convertible debt securities including bonds in onshore/offshore market on private placement basis

Exide Industries Limited
The company has invested Rs. 50 crore by way of subscription in the equity share capital of its wholly owned subsidiary Exide Energy Solutions Limited

Karnataka Bank
The Board of Directors in its meeting have approved to raise balance Rs. 700 crores by way of preferential issue for an amount up to Rs. 100 crore and an amount aggregating up to Rs. 600 crores through, private placement, qualified institutions placement and/or any combination

Piramal Enterprises Limited
The company has entered into share purchase agreement to sell its entire direct investment of 20% of the fully paid-up equity share capital held in Shriram Investment Holdings Private Limited to Shriram Ownership Trust for a consideration of Rs. 1,440 crores

Macrotech Developers Limited
The company has approved the proposal for enabling raising of funds up to Rs. 5000 crores by way of issuance of equity shares, eligible securities, other securities or instruments or any combination of securities, in one or more tranche or tranches

Shyam Metallics and Energy Limited
NCLT Kolkata has approved the Scheme of Amalgamation of Platinum Minmet Private Limited with Shyam Sel and Power Limited, wholly owned subsidiary of the company

PVR INOX Limited
Opened 4 screen multiplex at Mittal Mall,Ajmer, Rajasthan.

IRB Infra
Arbitration tribunal grants award in favour of SPV in a case against NHAI, IRB Infra says the company will receive Rs. 1681 crores in compensation. IRB is also entitled to receive further interest from the date of the award till the date of realization of the compensation

Jubilant Pharmova
Company’s wholly owned subsidiary to sell its entire 25.8% stake in Sofie Biosciences Inc for aggregate proceeds of about $ 139.43 million

Subex
The company gets RBI's in-principle nod to set up Account Aggregator Services

Lemon Tree Hotels
The company announced its latest signing – Lemon Tree Hotel, Motihari, Bihar. The property, which will be franchised by Lemon Tree Hotels, is expected to open in FY25. 

INFOSYS:
APAC businesses expected to nearly triple spending on generative AI to $3.4bn in 2024: Infosys Research, Spending trails North America but adoption, effectiveness, and growth are among the highest globally
By: via Telegram.me/AlliesFin #StockMarket #Bharat

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*India Daybook – Stocks in News* *Kirloskar Oil:* Net profit up 86.1% at ₹146.8 cr vs ₹78.9 cr (YoY) Revenue up 20% at ₹1,660 cr vs ₹1,383...