Nestle: The business provided clarification on media reports and restated its dedication to the highest standards of safety, quality, and nutrition. It further stated that its performance and operations were unaffected materially by the media reports.
Gokaldas Exports: To fund Rs 600 crore, the garment manufacturer with headquarters in Bengaluru has started a qualifying institutional placement. The issue price of Rs 775 per share represents a 4.05% discount to the closing price. The cost of the floor is Rs 789.99.
ITC: For Rs 485 crore, the company’s arm purchased a 100% share in Blazeclan Tech.
Infosys: The business’s division will buy a whole 100% of the engineering research and development company In-Tech Holding GmbH.
Infrastructure of GMR Airports: In FY 24, the company’s airports in Mopa, Hyderabad, and Delhi recorded a rise in passenger traffic and their highest-ever cargo volumes handled.
BSE: The company made it clear that, in response to a fictitious video of CEO and MD Sundararaman Ramamurthy doing the rounds on social media, the CEO does not support any investment advisory message.
Rail Vikas Nigam: The company and Turkish engineering consulting and contracting firm TUMAS India inked a Memorandum of Understanding to work together on infrastructure and public transportation projects in India.
Torrent Power: For Rs 50 lakh, the business purchased SPV MSKVY Ninth Solar as part of the 306 MW Nasik project.
Container Corporation of India: The business and PSA Mesa Supply Chain inked a Memorandum of Understanding to work together to provide clients with seamless and affordable end-to-end logistics services.
Hindustan Construction Company: Girish Gangal has been named Chief Financial Officer and Key Managerial Personnel in lieu of Rahul Rao, who resigned on April 18.
Oriental Hotels: On April 19, the business named Paras Puri as CFO. Owing to internal moves, Nitin Bengani will leave his position as CFO.
Goa Carbon: As of today, the company’s Bilaspur Unit activities have been temporarily suspended for repair.
SJVN: The company’s unit formed a joint venture (JV) with “SGEL Assam Renewable Energy Limited,” an Assamese power distribution company, to engage in the establishment of power plants for the production of electricity from all renewable energy sources, including hydropower.
Hinduja Global Solutions: A deal was reached by the company’s division to purchase 51% of Seven Star Balaji Broadband for a sum of Rs 18.36 crore. The acquisition will create expansion prospects for internet services, particularly in Mumbai.
Mahindra Lifespace Developers: In just two days, the business sold 350 crore rupees’ worth of properties at the Bengaluru project.
Federal Bank: The RBI gave its approval for the business to establish a representative office in Saudi Arabia.
Vesuvius India: The business strengthened its manufacturing capabilities in India by launching a new Mould Flux factory in Visakhapatnam and investing up to Rs 1,000 crore.
Landmark Cars: The company partnered with three new OEMs and expanded into new regions in FY24. Its Q4 pro forma sales was up 8.2% at Rs 1,311 crore.
CICI Securities reports a 74% increase in sales to ₹1,543 crore and a ₹17 dividend per share.
Blue Star: In four years, the commercial refrigeration market will treble to ₹10,000 crore. B Thiagarajan, MD at Blue Star
Gujarat High Court grants Suzlon Energy an interim stay against a fine of around ₹261 crore.
Mahindra Lifespace: Mahindra Zen, Bengaluru’s first net zero waste + energy home, sells residences valued at ₹350 crore in two days.
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