The Board of Tata Motors will meet on Monday on May 2 to consider a proposal to raise up to 500 million rupees through the issuance of values in a private placement base. The Board will consider and approve the issuance of qualified, listed, non -safe, exchangeable and non -convertible dismissals based on private placement.
Aurobindo Pharma said Monday that the incident occurred at the plant of its subsidiary Lyfius Pharma, based in Andhra Pradesh, which led to the temporary suspension of operations. The incident resulted in certain auxiliary equipment without impact on the central manufacturing infrastructure in the G Penicillin production installation located in Kakinaada, said Hyderab headquarters manufacturer in Hyderabad in a regulatory presentation. It is important to highlight that no injuries were reported, he added. “As a precautionary measure and to facilitate the replacements of necessary equipment, operations in the plant will stop temporarily for an estimated period of 20 to 25 days,” said the company.
The compliance address (ed) carried out raids in the offices of Gensol Engineering. Operating under the Interest Management Law (FEMA), officials seized financial documents, electronic devices and other records last their search, the company said that fraud facial acquisitions. The raid has been carried out in the company’s units in Ahmedabad and Gurgaon.
According to the enthusiasm of the market that the TGP increase climate is planning to sell a 3.9 percent participation in Tata Technologies through Block Deal. According to the reports, approximately 1.59 million shares would be downloaded in the RS 670-699 pricing range.
REC LTD of state property has raised RS 5,000 million rupees by issuing bonds. The offer included 3,000 million rupees through five -year bonds to a coupon or 6.87 percent and 2,000 million rupees through 10 -year bonds to a coupon or 6.86 percent, said a company statement. According to the declaration, the issuance of bond witnessed an excessive response of the market participants, which reflects a strong confidence of investors in the solid financial position and the growth prospects of the company. The bonds have been assigned a “AAA” rating by the prominent credit rating agencies: Attention qualifications, ICRA and India PVT LTD Rating and Research and Research, which means the high degree of security with respect to the appropriate obligations.
The Sonata software said on Monday that it has pocketed a $ 73 million agreement (approximately 620 million rupees) of a company based in the United States in the technology, media and telecommunications space for digital modernization directed by AI. The agreement extends for five years, Sonata Software said in a statement. “Sonata Software ensures a digital modernization agreement led by USD 73 million with a leading US TMT company.” Sonata will establish a modernization engineering center enabled for AI dedicated in India under the agreement.
Wipro has brought a Ti Transformation Agreement based in Germany Vorwerk. As part of the five -year association, Wipro will modernize Vorwerk’s IT infrastructure using its infrastructure operations solution with AI, according to the statement of a company. The company did not disclose the value of the agreement.
Global Health, who operates hospitals under the Medanta brand, said on Monday he plans to invest around 500 million rupees to establish a super specialized hospital of 400 beds in Guwahati, Assam. The Company Board, at its meeting held on Monday, approved the purchase of 3 Land Acres of Assam Electricity Grid Corporation LTD for RS 30 million rupees plus incidental expenses for the registration and possession of the Earth, said the medical care provider in a regulation filling.
Dr. Reddy’s laboratories said Monday that their association has expanded with Sanofi Healthcare to introduce a new medicine for the prevention of the lowest respiratory tract disease in newborns. The company plans to introduce Beyfortus, which contains the monoclonal antibody, Nersevimab, in a preloaded injection used for the prevention of lower respiratory tract disease of the respiratory syncitial virus (RSV). The medicine is also administered in children up to 24 months of age, who are still vulnerable to serious RSV disease during their second RSV season.
Embassy Office Parks Reit has collected RS 675 million rupees as a short -term debt through the issuance of commercial documents to pay their existing loans and meet working capital requirements. In April of this year, the company had informed about the issuance of commercial documents listed, qualified, exchangeable and called by rupees, for an added amount of RS 675 million rupees on a private placement.
Landmark Cars informed the exchanges that his Jeep Punjab business has sold, which consists of two exhibition rooms and a workshop. With this, Landmark Cars has completely left Punjab. This movement is aligned with the company’s strategy to consolidate operations and rationalize costs.
The Indusind Bank announced on Monday the resignation of the attached CEO Arun Khurana, week after the private lender reveals accounting lapses in its derivative portfolio that triggered a routes in shares. In the light of recent accounting problems related to internal derivative shops: “I have supervision of the function of the Treasury main office, such as the full -time director, Vice President CEO and a part of the bank, therefore resignation, effective BOARD BANK, in -indard that in the uninter Innusind, in -indard that in Innusind, in -indard Indusind That Innusind, Innusind, in -indard that Innusond Stock Market is presented.
CG Pomps CG Power and Industrial Solutions has launched the first automatic wireless automatic water controller and without smartsense-india float. This avant -garde system eliminates the need for manual wiring and floating switches, offering a truly intelligent and intelligent water control solution for Indian homes. Some Smartsense key features include detection without floor, 100% wireless operation, automatic starter, dry execution protection, multiple tanks connectivity, etc.
The Media & Entertainment Board has approached the proposal to acquire up to 60% of the social capital of Bontyme Technologies, a company that is dedicated to focusing on creating a network platform for media professionals and engines of film recommendation. It is proposed that the acquisition will be carried out through a sharing exchange agreement, in which the shareholders of M/S Bontyme Technologies will be assigned capital actions of the company in a preferential base.
Calendar of results: Bajaj Finance, Bajaj Finnish, Capital Small Finance Bank, Bharat Petroleum Corporation, NTPC Green Energy, Trent, Ambuja Cements, Indiamart InterMeh. CEAT, Fedbank Financial Services, Finance Business Finance of Five Star
Posted on April 29, 2025