smelly Futures contracts traded on the Singapore Exchange indicated a positive opening for domestic equities. The contract was trading at 17,686, up 54 points or 0.31% from its previous close.
LIC
LIC’s top management has held a meeting with the Adani group and as per reports, the insurer is more confident about the group’s business prospects.
dish tv
Shareholders of Dish TV India have rejected the appointments of four candidates as non-executive independent directors on the company board, reducing the number of directors.
Bajaj Electrical
Received award for plant and installation services of distribution infrastructure of electricity supply circle in the districts of Bihar. The total contract amount is Rs 645 crore and the project will take 30 months to complete.
HDFC bank
Re-appointed Shashidhar Jagadishan as Managing Director and CEO for a period of three years. Jagadishan joined HDFC Bank in 1996 and was appointed as the Chief Financial Officer in 2008 before being promoted to the post of MD & CEO in 2020.
cams
announced the acquisition of 55.42% stake in Think Analytics, a data science and artificial intelligence company, through a secondary acquisition for an undisclosed sum. CAMS said in a regulatory, “AI, analytics and data based technologies are becoming mainstream to solve problems, transform and grow businesses, CAMS has found investment in Think Analytics as a good opportunity that CAMS provide holistic market access and drive innovation.” Filings with the Exchanges.
Samvardhan Madrasan
Increases investment in subsidiary Motherson technology Services from 62.9% to 90.4%. Additional equity shares are acquired through subscription to the rights issue of MTSL, at a price applicable to all existing shareholders.
Ashoka Buildon, Mahanagar Gas
Ashoka Buildcon and a Morgan Stanley Infrastructure Fund entered into a share purchase agreement with Mahanagar Gas for sale of its subsidiary Unison Enviro for Rs 531 crore. Unison Enviro Pvt Ltd is a subsidiary of Ashok Buildcon and has received authorization from the Petroleum and Natural Gas Regulatory Board to develop city gas distribution business in Ratnagiri, Latur, Osmanabad and Chitradurga and Davangere districts. It is engaged in supplying natural gas to domestic, commercial, industrial and transportation sectors.
Adani Ports & SEZ, Adani Total Gas
ICRA has revised the outlook for two Adani group companies — Adani Ports and Special Economic Zone and Adani Total Gas — from ‘stable’ to ‘negative’ due to deterioration in the financial flexibility of the group.
Tech Mahindra
Tech Mahindra said it will invest up to Rs 700 crore over the next two years in the newly carved out segment of products and platforms.
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
