Swan Energy: In accordance with the NCLT Order, the business completed the reconstruction of Reliance Naval and Engineering’s (RNEL) equity shareholdings.
Life Insurance Corporation: The business raises its 4.99% ownership position in Hindustan Unilever to 5.01%.
Brigade Enterprises: On April 18, the business authorized Jayant Bhalchandra Manmadkar’s appointment as CFO and KMP.
Gokul Agro Resources: The company’s division and the Andhra Pradesh government reached an agreement for the state’s oil palm development program.
Vedanta: obtains an 11-year loan from Power Finance Corporation for ₹3,900 crore.
Jio Financial Services: To expand its wealth management operations in India, the company announced the establishment of a 50:50 joint venture with BlackRock and BlackRock Advisors Singapore. It will also include an Indian brokerage and wealth management company.
Adani Energy Solutions: During the quarter, the company’s transmission and smart metering division added 174 ckms to the operational network and achieved system availability of 99.6%. The company maintained a supply reliability of over 99.9% and its distribution loss stayed low at 5.09% in Q4.
TCS: To improve its technology, the company announced the opening of a new delivery center in Brazil. The center would concentrate on important areas including digital transformation, artificial intelligence, and cognitive business operations.
JSW Infra: Arun Maheshwari was reappointed as CEO for a period of three years, commencing on April 18, by the business.
Cipla: The company would pay Rs 130 crore to purchase Ivia Beaute’s cosmetics and personal care business venture.
Allcargo Terminals: The company’s 54.7 ‘000 TEU March CFS volume represents a 1% YoY and 8% month-over-month increase.
Gujarat Gas: To increase the range and accessibility of energy options for customers, the firm inked a non-binding Memorandum of Understanding. The partnership between two significant energy industry heavyweights is expected to provide a wide range of goods and services across GGL’s approved regions.
Manappuram Finance: On April 19, the business would take a $500 million fund-raising request under consideration.
General Insurance Corporation: On May 1st, V. Balkrishna was appointed CFO by the firm.
Thomas Cook: The top omnichannel forex provider set up shop at its Delhi-NCR franchise location. As a result, the company’s currency network in Delhi-NCR now includes 12 sites, including 1 airport outlet and 11 branches.
Sula Vineyards: After acquiring N D Wines, the business currently owns all of the latter’s equity share capital, making it a fully owned subsidiary.
Insolation Energy: To sell solar PV modules, the company’s unit secured purchase orders of Rs 55.71 crore.
K Vamsidhar Reddy has been appointed by India Cements as the company’s Chief Manufacturing Officer (projects and operations) from April 15, 2024.
HeroMotoCorp: starts delivering the Mavrick 440 across the country
Shivalik: A group introduces the idea of an instant house
TATA MOTORS: ON MAY 10, THE BOARD WILL MEET TO DISCUSS Q4 RESULTS AND CO WILL RECOMMEND A DIVIDEND, IF ANY
INDIA’S TRANSFORMERS AND RECTIFIERS: CO RECEIVED A LETTER FROM GUJARAT ENERGY TRANSMISSION CORP WITHDRAWING THE STOP DEAL, INTELLING CO that GETCO HAS WITHDRAWN THE STOP DEAL WITH CO, WHICH IMMEDIATELY IMPLIES THAT CO IS NOW ELIGIBLE TO SUPPLY TO GETCO, IMMEDIATELY
Gujarat Gas: CO and Indian Oil Corporation have inked a non-binding Memorandum of Understanding. CO states that IOCL is providing liquid fuels at GGL outlets under the terms of the MOU.
Gujarati gas: CO says that under the agreement, IOCL supplies greases, automotive lubricants, and specialty items at the GGL outlet. CO SAYS UNDER MOU GGL CNG MOTHER FACILITY SETTING UP AT IOCL OUTLETS
TODAY’S BOARD MEETING AT KOTAK MAHINDRA BANK WILL CONSIDER Q4 RESULTS AND CO WILL RECOMMEND DIVIDEND, IF ANY
LIC: CO GROWS FROM 4.99% TO 5.01% IN ITS SHAREHOLDING IN HINDUSTAN UNILEVER
INDUSIND BANK: APR 25 BOARD MEETING TO DECIDE Q4 RESULTS || CO TO DECIDE DIVIDEND RECOMMENDATION, IF ANY
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