Transport Corporation
Transport Corporation of India announced that it will carry out its first equity share buyback worth up to Rs 160 crore.
Trent, BEL, LTIMindtree
Tata Group’s lifestyle company Trent (Trent) and state-owned company Bharat Electronics (BEL) are the latest additions to the Nifty 50 index, while LTI Mindtree (LTIM) and Divi’s Laboratories have made an exit.
Vodafone Idea
Vodafone Idea has been delisted from the Nifty 500 and Nifty Midcap 100 indexes as part of a semi-annual realignment of the NSE’s various indices.
Power of trust
Anil Ambani had resigned from the board of directors of Reliance Infrastructure and Reliance Power pursuant to Sebi’s interim order dated February 11, 2022, in the matter of Reliance Home Finance.
Ambuja cements
GQG Partners bought 17.1 million shares of Ambuja Cements through a block trade on Friday. Other buyers of the company’s shares included Morgan Stanley, Norges Bank, SBI Life Insurance Inter alia.ONGC
ONGC has started production from its fifth oil well in KG-DWN-98/2 Cluster-2 Asset Of Deepwater Block in Krishna River.
Pharmaceutical still
Alembic Pharma has received US FDA approval for betamethasone valerate foam used to treat scalp skin conditions.
Ashoka BuildCon
Ashoka Buildcon emerged as the lowest bidder for the Mumbai Metropolitan Region Development Authority (MMRDA) project worth Rs 478 crore.
Karur Vysya Bank
Reserve Bank of India approves SBI Mutual Fund’s proposal to acquire 9.99% stake in Karur Vysya Bank.
JSW Energy
JSW Energy division JSW Neo Energy has obtained LoA for a 250 MW grid-connected wind power project from Adani Electricity Mumbai.
IDFC
IDFC received an income tax refund of Rs 202.55 crore (including tax of ₹ 189.25 crore and interest of Rs 13.30 crore) for the assessment year 2023-24.
KEC International
KEC International secured new orders worth Rs 1,079 crore in the Transmission and Distribution (T&D) and Cables businesses.
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