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Grasim Industries Recognised at Times Now Global Sustainability Alliance 2024

Grasim Industries Recognised at Times Now Global Sustainability Alliance 2024

28 June 2024

On June 27, 2024, Grasim Industries Limited informed in a stock exchange filing that the company was honoured at the 3rd edition of the Times Now Global Sustainability Alliance – Sustainable Organisation 2024 event. The Global Sustainability Alliance is a platform for global change-makers, individuals, and organisations dedicated to championing sustainability. The 3rd edition of …

Nazara Tech’s NODWIN Pte to Gradually Acquire Freaks 4U Gaming GmbH

Nazara Tech’s NODWIN Pte to Gradually Acquire Freaks 4U Gaming GmbH

28 June 2024

On June 28, 2024, Nazara Technologies Limited informed in a stock exchange filing that its subsidiary NODWIN Gaming Private Limited, a material subsidiary, disclosed that its Singapore-based entity, NODWIN Gaming International Pte. Ltd (NODWIN Pte), has finalised agreements to gradually increase its current 13.51% ownership in Freaks 4U Gaming GmbH. This Berlin-based global gaming and …

Brigade Enterprises Unveils Premium Residential Project in Bengaluru

Brigade Enterprises Unveils Premium Residential Project in Bengaluru

28 June 2024

On June 27, 2024, Brigade Enterprises Limited informed the stock exchanges of the launch of Brigade Insignia, a premium residential project in Yelahanka, Bengaluru. Brigade Insignia features six towers with 379 spacious 3, 4, and 5 BHK apartments, including limited edition Sky Villas, spread over a 6-acre plot. The project has a revenue potential of …

PI Industries Strengthens Global Footprint with New Dubai-Based Subsidiary

PI Industries Strengthens Global Footprint with New Dubai-Based Subsidiary

28 June 2024

On June 27, 2024, PI Industries announced via a stock exchange filing the incorporation of a wholly-owned subsidiary named PI Industries Management Consultancies LLC in the Emirate of Dubai, United Arab Emirates. This strategic move marks a significant step in expanding the company’s global footprint, particularly in the agri-business sector. The new subsidiary, PI Industries …

JSW Infrastructure’s Strategic Acquisition of Navkar Corporation: A Gateway to Enhanced Logistics

JSW Infrastructure’s Strategic Acquisition of Navkar Corporation: A Gateway to Enhanced Logistics

28 June 2024

On June 27, 2024, JSW Infrastructure Limited, part of the JSW Group and India’s 2nd largest private commercial port operator, announced that its wholly-owned subsidiary, JSW Port Logistics Private Limited, will acquire a 70.37% stake in Navkar Corporation Limited from its promoters and promoter group. The companies have signed the necessary agreements, but the acquisition …

Polycab India Block Deal: Promoters Offload 2.74% Stake for Rs.2,716.5 Crore

Polycab India Block Deal: Promoters Offload 2.74% Stake for Rs.2,716.5 Crore

28 June 2024

Today, a crucial block deal involving Polycab India saw the sale of a 2.74% equity stake, amounting to Rs.2,716.5 crore. The specific identities of the buyers and sellers have remained undisclosed till now. However, according to the reports, Polycab’s promoters were likely behind the sale of part of their stake. Details of the Deal The …

CSB Bank Surges as Amansa Holdings Buys Over 80 Lakh Shares

CSB Bank Surges as Amansa Holdings Buys Over 80 Lakh Shares

28 June 2024

Introduction to CSB Bank CSB Bank, a prominent old private sector bank, boasts a rich history spanning over a century. With an extensive network of 779 branches, the bank’s operations are primarily concentrated in Kerala, housing 35% of its branches. The remaining branches are spread across Tamil Nadu, Andhra Pradesh, Karnataka, and Maharashtra. Challenges and …

HCL Tech Block Deal: 1.24 Crore Shares Sold for Rs.1,788.3 Crore

HCL Tech Block Deal: 1.24 Crore Shares Sold for Rs.1,788.3 Crore

28 June 2024

HCL Technologies announced a significant block deal involving the sale of 1.24 crore equity shares today. This transaction, valued at Rs.1,788.3 crore, represented approximately 0.46% of the company’s total equity. Despite the large scale of the transaction, the identities of the buyers and sellers remain undisclosed. Transaction Details The shares were sold at an average …

GMR Power & Urban Infra Settles with NHAI for ₹1,387.21 Crore, Sparking Stock Price Rally

GMR Power & Urban Infra Settles with NHAI for ₹1,387.21 Crore, Sparking Stock Price Rally

28 June 2024

GMR Power & Urban Infra Limited Settlement with NHAI On June 28, 2024, GMR Power & Urban Infra Limited disclosed an important update to the stock exchanges. This update pertains to the status of claims settlement by their subsidiary, GMR Hyderabad Vijayawada Expressways Private Limited (GHVEPL), with the National Highways Authority of India (NHAI). Background …

Bharti Airtel Brings Up Tariff Hikes Following Jio

Bharti Airtel Brings Up Tariff Hikes Following Jio

28 June 2024

Bharti Airtel Limited, commonly known as Airtel, is an Indian multinational telecommunications services company based in New Delhi. It operates in 18 countries across South Asia and Africa, as well as the Channel Islands. Currently, Airtel provides 5G, 4G, and LTE Advanced services throughout India. Currently offered services include fixed-line broadband, and voice services depending …

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