smelly Futures contracts traded on the Singapore Exchange indicated a negative opening for domestic equities. The contract was trading at 17,486.50, down 33 points or 0.19% from the previous close.
Hindustan Aeronautics
The Hindustan Aeronautics Board will meet on March 10 to consider and approve the second interim dividend for the financial year 2022-23. In other news, the Union Cabinet has approved the purchase of 70 HIT-40 basic trainer aircraft from HAL for Rs 6,800 crore for the Indian Air Force.
Rail Vikas Nigam
Rail Vikas Nigam Limited (RVNL) has emerged as the lowest bidder for construction and maintenance of Vande Bharat trainset including government manufacturing units and upgradation of trainset depots in JV with partners.
Tata Steel
Bought shares worth Rs 74 crore in TRF, a listed subsidiary of Tata Steel. TRF is engaged in the business of design and manufacture of bulk material handling systems and equipment for key sector industries such as power, ports, steel, mining and cement for projects undertaken on turnkey basis. In addition, Tata Steel is the promoter company for TRF.
Adani Ports
Adani Agri Logistics, a subsidiary of Adani Ports, has incorporated a wholly owned subsidiary named HM Agri Logistics. HM Agri will develop and operate state-of-the-art silo complexes at various locations across India.
mindspace Business Park REIT
CRISIL Ratings Limited has reaffirmed the credit rating for non-convertible debentures, market linked debentures and corporate credit rating of Mindspace Business Park REIT at AAA, while the commercial papers of the company are rated A1+.
Raj Oil Mills
The last date for receipt of applications in the ongoing “Rights Issue” has been extended from March 13, 2023 to March 21, 2023. The rights issue is for equity shares of face value of Rs 10 each for an amount of Rs 1.50 each. 44.97 crore with an option to retain the oversubscription up to Rs.
Sunteck Realty
Lease approx. Its premium commercial building Sunteck BKC51 with 2 lakh sq ft built-up area to be upgraded Education For the lease period of 29 years. The total revenue generated from the project during the entire lease period would be close to Rs 2,000 crore.
Hero MotoCorp
Hero MotoCorp sold 394,460 units of motorcycles and scooters in February 2023. This translated into a double-digit growth of 10% year-on-year when the company sold 358,254 units.
Maruti Suzuki
The car major reported a 6% year-on-year decline in production of passenger cars and light commercial vehicles. Total production in February stood at 159,873 units. The current shortage of electronic components may have an impact on production prints in February as compared to recent months.
Bajaj Finserv
SEBI approved the company for mutual fund license. Bajaj Finserv Asset Management has also been approved to act as an asset management company for Bajaj Finserv Mutual Fund.
Disclaimer:Disclaimer: The views and investment tips given by the 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 decision.
read all latest business news Here