One 97 Communications: Paytm has denied rumours that its licence application for Paytm Payment Services has been postponed. The company has not received any correspondence pertaining to the Paytm Payment Services licence application that suggests a deferral or fines.
Vodafone Idea: In preparation for its impending public offering, the company concluded the anchor book allocation of 490 crore equity shares at a price of Rs 11 per share. At a price of Rs 11, apiece, anchor investors purchased 491 crore shares. Redwheel Funds has contributed Rs 281 crore, Fidelity has contributed Rs 774 crore, while GQG has invested Rs 1,348 crore.
Infosys: The business reported that it has successfully partnered with Proximus, the top supplier of digital services and communications solutions in Belgium, to standardise its current procedures on the ServiceNow platform and revolutionise its operations for customer service management.
Zed Entertainment Enterprises: The business declared that it will be withdrawing its application to the National Company Law Tribunal for the merger execution. This will allow the business to keep up its vigorous defence of all of its allegations against Sony in the ongoing arbitration procedures at the Singapore International Arbitration Centre as well as in other venues. The company has been removed from the derivatives category by the NSE.
Ambuja Cements: Under the warrants programme, the Adani family contributed a further Rs 8,339 crore, bringing the total injection to Rs 20,000 crore. This increased their ownership from 63.2% to 70.3%.
Power Grid: In FY25, the business has authorised the issuance of bonds totaling up to Rs 12,000 crore.
IIFL Finance: At an offer price of Rs 300 per share, the company approved a right issue up to a maximum of Rs 1,500 crore. Rights issue to close on May 14 and open on April 30.
Adani Enterprises: A joint venture called King Power Ospree was established in Singapore by the company’s step-down unit.
Power Grid Corporation of India: The interstate transmission system bidder was deemed to have won.
Sunteck Realty: Due to high housing demand, the company reported a 20% annual gain in sale bookings to Rs 1,915 crore in the FY24. In Q4 FY24, the collections were 296 crores, down 10% YoY/32% QOQ, and Rs 1,236 crores, down 1.12% for the full fiscal year 2024. In the Mumbai Metropolitan Area, the business is working on seven sizable projects with a combined Gross Development Value of almost Rs 30,000 crore.
PC Jeweller: The business plans to issue rights for a total of Rs 1,500 crore, and fully convertible warrants for an additional Rs 500 crore.
Kirloskar Ferrous Industries: The Hiriyur small blast furnace is back in service.
Brigade Enterprises: Pre-sales of Rs 6,013 crore in FY 24 and Rs 2,243 crore in Q4 were the company’s best levels ever, while revenues of Rs 5,915 crore, up 9% YoY, were recorded.
Biocon: The pharmaceutical company and Biomm S.A. inked an exclusive licencing and supply contract for the marketing of generic Ozempic (Semaglutide) in Brazil.
Happiest Minds Technologies: The business unveiled “hAPPI,” a new GenAl chatbot created for a Happiest Health division. The chatbot is a big step forward in giving consumers in the healthcare industry individualised and educational encounters.
Shilpa Medicare: Ages, Austria conducted an inspection of the company’s Telangana facility from January 22 to January 26 and granted GMP Certification.
Andhra Paper: Due to a lack of pulp from the Rajahmundry manufacturing facility, where an unlawful strike has been going on since April 2, the company’s Kadiyam manufacturing facility is temporarily closed.
Krishna Institute of Medical Sciences: The Income Tax agency sent a demand notice to the company’s arm for Rs. 307 crore in AY23.
TARC: The company recorded its highest-ever pre-sales in FY24, reaching Rs 1,612 crore, up 200% YoY, and its highest-ever yearly collection to date, reaching Rs 415 crore, in Q4 pre-sales, standing at Rs 1,281 crore, 600% up.
Wardwizard Innovations And Mobility: In March, the company shipped over 3,800 units, up 1.5% YoY and 88% MoM.
For More Visit: https://paisainvests.com/
Disclaimer: The articles on PaisaInvests.com are solely for educational purposes. While we endeavor for accuracy, we make no guarantees regarding completeness or reliability. Readers are advised to conduct their own research and seek professional advice before making any financial decisions. We are not liable for any loss or damage incurred from the use of information provided. Additionally, we do not control the content of external websites linked within our articles.
