Sembcorp Energy India Ltd has filed a draft red herring prospectus (DRHP) with the Sebi for an initial public offering (IPO). The offer will include a fresh issue of shares to raise up to Rs 4095 crore and an offer for sale (OFS) of 146.78 million shares by Sembcorp Industries and local joint venture partner […]
Bajaj Finserv Ltd, Grasim Industries Ltd, and Titan Company Ltd. will be included in the Nifty index, the exchange said in a statement today. Aurobindo Pharma Ltd., Ambuja Cements Ltd and Bosch Ltd will be excluded. On NSE, Bajaj Finserv were up 0.33% at Rs 4,989.75, Aurobindo Pharma up 1.39% at Rs 578.95, Titan Company […]
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Infosys: IT major, Infosys Limited has launched a joint Center of Excellence with PTC, a global software company that delivers a technology platform and solutions, at the Infosys campus in Bengaluru. This Center of Excellence will build on Infosys’ Industry 4.0 thought leadership, deep knowledge of traditional product engineering and industry domains. Reliance: Reliance Industries has agreed to subscribe to […]
Mahindra & Mahindra: Auto major Mahindra and Mahindra (M&M) has announced that the Company, as part of its expansion plan, would make an additional investment at its Chakan plant in Maharashtra. M&M will invest over Rs 500 crore in its electric vehicle project under the new electric vehicle policy of the govt of Maharashtra.
Shares of Mahindra and Mahindra were trading lower by 0.92% at Rs. 718 on NSE in later morning deals Tuesday.
JSW Energy: JSW Energy Limited, a division of JSW Group in India, has entered into an agreement with the govt of Maharashtra for manufacturing of Electric Vehicles and Energy Storage Systems. JSW Energy shares were trading up 1.01% at Rs. 79.80 on NSE.
UCO Bank: UCO Bank seeks shareholders’ approval to issue shares worth up to Rs. 6510 crore on a preferential basis to the government. UCO Bank’s Stocks were trading lower over 2 percent.
Religare Enterprise: Religare Enterprise Limited approves raising of funds through the issue of warrants worth Rs. 916 crore. The Company’s Shares trading lower over 4 percent on NSE.