Stocks in News;
Gilada Finance & Investments Ltd board recommends bonus issue
Hinduja Global Solutions fixes Feb 23, 2022 as record date for bonus, dividend
Swiss Military Consumer Goods Ltd to consider fund raising on Feb 25, 2022
Reliance Industries : Jio Platforms will Invest $200 million in Glance to accelerate Glance's launch in key international markets outside of Asia such as the U.S., Brazil, Mexico and Russia
Nykaa : Global Store on the Nykaa App exclusively launches Prakti, a unique Hybrid Beauty Brand
Cineline India launches new brand for Film Exhibition Business
BHEL secures order for Heat Exchangers for Light Combat Aircraft - Tejas
Vedanta: has signed an MoU with Hon Hai Technology Group (Foxconn) to form a joint venture company that will manufacture semiconductors in India. Vedanta will hold the majority of equity in the JV
Adani Ports and SEZ receives LoA from Syama Prasad Mookerjee Port, Kolkata
Sharika Enterprises bags contract by TPNODL
Glenmark inks agreement with Astrazeneca to commercialize its product Pulmicort Respules® in Columbia
Cipla: Promoters to sell up to 2.5% stake in block deals, according to terms of the deal obtained by Bloomberg. The company’s shares are offered at a price range of Rs 904.8 to Rs 916.7 each in a secondary placement. 16.14 million shares are being offered by the sellers, with option to upsize to 4.03 million shares
Axita Cotton Ltd receives order from Bangladesh
Karur Vysya Bank joins hands with UNANU for Digital Freight Finance and opens 5 new Branches today
Goodluck India Ltd commissions New Press for Forging Unit
Godrej Consumer Products:
divested its entire stake in BBLUNT for Rs 84.5 crore. Honasa Consumer, the parent company of Mamaearth, has acquired BBLUNT from the company. The transaction is expected to be complete by March 14
Asian Energy JV receives LOA for Hura CHP worth Rs. 128 Crores from Eastern Coalfields Limited
Pennar Industries: bagged orders worth Rs 647 crore across its various business verticals between Dec 2021-Jan 2022.
KPI Global Infrastructure receives order from Aether Industries Ltd
Zydus gets 180 days shared exclusivity for Roflumilast Tablets
Waaree RenewableTechnologies enters into MOU with AES India Pvt Ltd
Pressman Advertising and Signpost India announce merger proposal
Black Box completes acquisition of Dragonfly Technologies in Australia
ABB completes remote commissioning of new actuator for ITC Paperboards and Specialty Papers
Dai-Ichi Karkaria Ltd sells land for Rs. 4.8 crores
One 97 Communications: Merchant payments processed on Paytm platform in January jumped 105% from a year earlier to Rs 83,481 crore. Average monthly transacting users jumped 40% YoY to 68.9 million. Number of loans disbursed through Paytm jumped to 1.9 million from 0.4 million YoY. Value of loans disbursed through Paytm was Rs 921 crore in January compared with Rs 212 crore last year
SREI Infrastructure Finance : Kolkata NCLT has approved consolidated insolvency proceeding for SREI Group NBFCs. SREI Infrastructure Finance and SREI Equipment Finance will face consolidated insolvency proceeding, under the same committee of creditors. Bidders will be required to bid for a consolidated balance sheet
FIEM Industries to exit JV
