Tata Consultancy Services The country’s largest IT services firm has entered into a strategic partnership with Payments Canada to transform its payment system operations and help implement the Real-Time Rail. MOIL The company’s production in FY22 rose 8 percent YoY to 1.2 mt while sales were flat YoY at 1.2 mt. Total turnover in FY22 … Read more

HDFC Bank Deposits rose nearly 17 percent YoY and 8 percent QoQ in Q4 FY22 while advances gained 21 percent YoY and near 9 percent QoQ. CASA Ratio was at an all-time high of 48.2 percent. Hero MotoCorp The company sold 4.50 lakh units of motorcycles and scooters in March 2022, declining sharply compared to … Read more

Ruchi Soya Industries The board has approved an issue price at Rs 650 per equity share for its follow-on public offer Future Retail Future Retail CEO Sadashiv Nayak has resigned with effect from March 31, 2022. HDFC Asset Management Company Life Insurance Corporation of India acquired 2.02 percent stake in the company through open market … Read more

Nazara Technologies Subsidiary Nazara Pte Ltd (Nazara Singapore) will invest $2.5 million in BITKRAFT Funds. Out of which $0.875 million will invest upfront while the balance investment amount of $1.625 million will be deployed over a period of three years. Axis Bank The bank has acquired Citibank’s India consumer business from Citibank N.A. and the … Read more

Tata Consumer Products Tata Consumer will demerge Tata Coffee’s plantation operations into a subsidiary and merge Tata Coffee’s ex-plantation operations with Tata Consumer. Tata Consumer will buy a 10.15 percent stake in Tata Consumer Products UK Group. IDBI Bank The board has granted in-principle approval for divestment of the bank’s stake up to 11.10 percent … Read more

ICICI Bank The lender will buy a 15 percent stake in India Debt Resolution Company in tranches. Tata Power The company has collaborated with Rustomjee Group to provide end-to-end electric vehicle charging solutions across all its residential and commercial projects in Mumbai Metropolitan Region. Sudarshan Chemical Industries The board has approved fundraising of up to … Read more

Adani Enterprises The company’s subsidiaries – Mahanadi Mines and Minerals Private Ltd and MP Natural Resources Private Ltd – are declared as successful bidders for coal blocks – Bijahan and Gondbahera Ujheni East coal block in Odisha and Madhya Pradesh respectively, by the Government of India. The revenue sharing with the government will be 14 … Read more

Aurum Proptech The company will acquire Helloworld Technologies for Rs 42 crore. Tata Consumer Products The company will consider issuing equity shares up to 1.5 percent to a foreign company through preferential allotment on March 29 Kalpataru Power Transmission SBI Funds Management acquired 14.5 lakh equity shares in the EPC company through open market transactions … Read more

Ruchi Soya Industries Follow-on public offer will open for subscription on March 24. GPT Infraprojects The company has bagged an order valued at Rs 118 crore. This contract is a joint venture of which GPT’s share is 51 percent. Filatex India The board on March 29 will consider the proposal for the buyback of fully … Read more

Asian Paints Promoter Nehal Abhay Vakil has raised his stake in Asian Paints to 1.32 percent from 0.32 percent. Tata Consultancy Services The buyback issue of the company will close on March 23. It was opened on March 9. The company had planned to buy back up to 4 crore equity shares from eligible shareholders. … Read more