Today Share Market News In Telugu And English Hindi Tata Motors DVR, Tata Motors: The company received a no-objection certificate from the National Stock Exchange and Bombay Stock Exchange for the conversion of its differential voting rights shares to ordinary shares.
Life Insurance Company: The Department of Economic Affairs granted a one-time exemption to the company to achieve a 25% minimum public shareholding within 10 years from the date of listing, i.e., until May 2032.
GMR Airports: The National Investment and Infrastructure Fund will invest Rs 675 crore in the company’s upcoming greenfield airport at Bhogapuram, Andhra Pradesh.
Allcargo Gati: The company approved raising up to Rs 500 crore via multiple instruments and approved an amalgamation scheme between the company, Allcargo Logistics, and their subsidiaries.
WPIL: The company has received an order worth Rs 425.35 crore from PHED, Government of West Bengal for the execution of a turnkey project for package Il of the surface-based water supply scheme.
Ceat: The company has invested Rs 3 crore in its unit, Tyresnmore Online. After the investment, the company will own a 100% stake in Tyresnmore Online.
Kaynes Technology: The company raised Rs 1,400 crore via qualified institutional placement and set an issue price for QIP at Rs 2,424 per share, which indicates a discount of 1.06% to the floor price of Rs 2,449.96 per share.
KPI Green: The company raises Rs 300 crore via qualified institutional placement and sets an issue price for QIP at Rs 1,183 per share, which indicates a discount of 4.98% to the floor price of Rs 1,245 per share.
Ami Organics: The company has signed a memorandum of understanding with a global manufacturer of electrolytes for the manufacturing of electrolytes for battery cells and allied materials in Gujarat, India. The company will also sign a memorandum of understanding with the government of Gujarat for investment amounting up to Rs 300 crore for setting up a manufacturing facility for electrolytes for battery cells and allied materials in Gujarat, India.
Infosys: The IT major announced a 5-year collaboration with auto parts distributor LKQ Europe to provide IT-related business solutions.
Hindustan Unilever: The National Company Law Tribunal has given the nod to voluntarily liquidate the unit Bhavishya Alliance Child Nutrition Initiative.
Suven Pharma: The board has approved the appointment of Himanshu Agarwal as Chief Financial Officer effective from Jan. 2, 2024, and Subba Rao Purapalli to step down as CFO effective Jan. 2, 2024.
Paisalo Digital: The company will consider raising funds by issuing a non-convertible debenture on Dec. 28.
Lupin: The pharmaceutical major announced the launch of Softovac Liquifibre, a 100% Ayurvedic liquid laxative.
Brigade Enterprises: The company leases 54,300 sq ft of office space to Sidvin Core-Tech India and signed a 10-year agreement for Grade A office space at Brigade Deccan Heights, Bangalore.
MOIL: The company achieved a 2023 production capacity of over 16 lakh metric tonnes, the highest since 2019, and 2023 sales of over 14 lakh metric tonnes, the highest since 2007.
Madras Fertilizers: The company has resumed the operations of the plant that was shut down ol
Dec. 4 due to the impact of Cyclone Michaung.
Maruti Suzuki: NCLAT adjourned CCI matter, next listed for hearing on February 2, 2024
Lupin Launches Softovac Liquifibre, a first-of-its-kind liquid fibre
Softovac Liquifibre is a 100% Ayurvedic liquid laxative
MedPlus arms gets order from Drugs & Control Authority on Suspension of drug license for 5 days