On March 27, 2024, Jio Financial Services Ltd stated in an exchange filing that the company’s wholly-owned subsidiary has invested in Reliance International Leasing IFSC Limited. Jio Financial Services’ Expansion Move On Wednesday, Jio Financial Services Ltd informed the exchanges that their wholly-owned subsidiary, Jio Leasing Services Limited (JLSL), along with its nominees, invested ₹2.50 …
On March 28, 2024, RateGain Travel Technologies Limited informed in stock exchange filings that the company’s Adara is set to help Destination Marketing Organizations (DMOs) track ROI accurately using visitor spending data. Details of the Upgrade The RateGain company, Adara, which is one of the largest data exchange platforms in the world that provides access …
On March 28, 2024, Kotak Mahindra Bank acquired a 100% stake in Sonata Finance Private Limited for a total consideration of around ₹537 crore. Details of the Acquisition On Thursday, the Indian bank and financial services company Kotak Mahindra Bank informed in the stock exchange filing that they had acquired Sonata Finance Private Limited, which …
On Thursday, Caplin Point Laboratories shares price rose by 5.25% to trade at Rs 1326.15, from its previous closing of Rs 1,259.95 on the BSE. USFDA approval for generic eye drop Caplin Point Laboratories’ subsidiary, Caplin Steriles has been granted final approval from the United States Food and Drug Administration (USFDA) for its Abbreviated New …
Texmaco Rail & Engineering Ltd (Texmaco), a leading player in India’s railway equipment manufacturing sector, has successfully completed a Qualified Institutional Placement (QIP) of ₹250 crore. For this, the company approved the issue and allotment of 1,61,29,032 Equity Shares of the face value of ₹1 per equity share to eligible, qualified institutional buyers at the …
On March 27, 2024, Varun Beverages Ltd informed in an exchange filing that the company had completed the acquisition of the South Africa-based Beverage Company (BevCo) along with its wholly-owned subsidiaries. Details of the Acquisition On Wednesday, PepsiCo’s largest franchise bottler, Varun Beverages Ltd, stated in a regulator filing that the company had acquired The …
On March 27, 2024, State-owned REC Ltd informed in an exchange filing that the company’s board had approved an overall borrowing limit of ₹1,60,000 crore for 2024-25. Breakdown of Borrowing Limit On Wednesday, REC Ltd’s board held a meeting and approved a borrowing limit of ₹1.6 lakh crore, which includes ₹1,45,000 bonds and term loans, …
Dynacons Systems and Solutions Limited is an information technology (IT) solutions company engaged in systems integration, including the sale of IT products and services. Its segments include System Integration and Technology Workforce Augmentation Services. There is a significant surge in the Dynacons Systems and Solutions share price today. Share Performance At the start of the …
On March 27, 2024, the Board of National Hydroelectric Power Corporation (NHPC), a leading renewable energy producer in India, approved a significant capital infusion of ₹6,100 crore. For this, the company will issue secured/ unsecured, redeemable, taxable, non-cumulative non-convertible Corporate Bonds in one or more series/tranches on a private placement basis and/or raising of Term …
About the PPA Adani Power Limited (APL) has recently achieved a significant milestone in the power sector as its subsidiary Mahan Energen Limited (MEL) secured a substantial long-term Power Purchase Agreement (PPA) with Reliance Industries Limited (RIL). MEL, a wholly-owned subsidiary of APL has entered into a 20-year PPA with RIL for 500 MW of …
