The Indian benchmark index is likely to start trading with a marginal increase as shown by SGX Nifty. At 7:00 a.m., SGX Nifty March Futures was quoted at 17,225, showing an increase of 50 odd points on NSE nifty 50 benchmarks in Belling Bell.
GAIL (India)
Company to consider repurchases. The state-owned natural gas distribution company on March 31 will consider the proposal for repurchasing full-deposited equity shares.
PVR and INOX
The upper multiplex player on March 27 announced a merger after the Directors of PVR Limited and Inox Leisure Limited at their respective meetings, agreed to merge all inox stocks with PVR.
Adani Enterprises
Subsidiaries win offers for coal beams in Odisha and MP. Mahanadi Mines and Mineral PVT Ltd and MP PVT Ltd. MP PVT Ltd. was declared a successful bidder for the seeds and Gondbahera Ujheni Timur coal in Odisha and Madhya Pradesh, by the Indian government. The division of income with the government will be 14 percent for the rock coal block and five percent for the Gondbahera Block Ujheni East Coal Realty’s main plan to invest around Rs 2,000 Crore to build two new shopping malls in Gurugram and Goa, because it sees the potential of large growth in organized retail by opening the economy after a significant reduction in the case of Covid-19.
Icici Lombard.
Private insurance companies have joined the other 53 races including Tata AIG, Nippon Life and Financial Financial Company because they obtained the insurance arm making capital profit reliance, which last year was included in the administration and governance issues. The offer can bid to buy all companies or one or more of its eight clusters The FMCG player said he would continue to see the acquisition to become a big player in the packaging food business. The company recently acquired KotaTaram Agro Foods, who accommodated the Soulfull brand, and Tata SmartFoodz, which has food products in the premium food room.
Bharti Airtel.
The private telecommunications department will get 4.7 percent of the shares in Indus Towers from Vodafone Group around Rs 2,388 Crore, according to companies that submitted. Transactions will be run at a price of 187.88 per share Furthermore, the company has been paid in advance of RS 8,815 Crores of spectrum contributions to reduce interest costs. This is a second-in-advance payment by Airtel in the last three months and comes behind the manufacture of strong cash flows, infusion of equity and loans with a much lower interest rate.
HDFC bank.
India One of the largest private bankers plans to increase up to RS 5,000 Crore through additional Tier I Bonds for capital adequacy and business growth. The treatment ratings have provided “AA +” ratings to Basel III Tier-i Bonds that are in accordance with the lenders The two companies partnered with Boeing and French companies to explore opportunities for the development and use of sustainable aviation (SAF). This initiative is in the background of aviation industrial calls to reduce carbon emissions. The company has Reckit’s Dermicool Prickly Heat Talc for consideration of Rs 432 Crore. The agreement will be funded through internal accruals, and is the largest by Emamam after the hair and product of King King ‘(2015), and Zandu Pharma (2008).
Vedanta.
Anil Agarwal leads the main mining plan to invest $ 1.5 billion throughout the oil and gas business, zinc and steel. In the Board Meeting on Friday, the company approved $ 687 million in capital expenditure for drilling new wells in the company’s oil and gas unit, Cairn Oil & Gas, Vedanta said in the submission of the Stock Exchange.
Ruchi Soya.
Monday is the last day to subscribe to further public offers. The company issued shares in the ribbon price of RS 615-650, and the problem so far subscribed to 37 percent Manappuram financed the company’s board in his meeting on Sunday approved a proposal to increase up to 7,800 crore rs by means of non-conversion publishing