Tata Motors:
The Bengaluru Metropolitan Transport Corporation and the completely owned subsidiary of the domestic automaker, ML Smart City Mobility Solutions, have signed a definitive agreement for the 12-year supply, operation, and maintenance of 921 electric buses in Bengaluru.
Tech Mahindra:
The IT giant would receive around Rs58 crore from its step-down subsidiary Comviva Netherlands for its whole investment in Dynacommerce Holdings BV, which is situated in the Netherlands.
Sun Pharma:
The US health authorities have sent a warning letter to the drug giant for its Halol factory, which is already the subject of an import notice.
The Phoenix Mills:
The real estate company has finished paying nearly Rs510 crore for a 7.22-acre property piece in Surat, Gujarat.
JSW Energy:
JSW Energy (Barmer), a subsidiary of the utility company, has issued over 99 crore bonus shares for a total of Rs995.90 crore.
Jindal Steel and Power:
Under the PLI scheme for specialty steel, the metal industry will spend Rs7,930 crore to produce eight different types of high-end alloy in the nation.
Yes Bank:
The bank’s portfolio of stressed asset loans totalling Rs48,000 crore has been assigned by the private lender to JC Flowers Asset Reconstruction.
Dr Reddy’s Laboratories:
Dr Reddy’s Research and Development BV (DRRDBV), a wholly-owned subsidiary of the pharmaceutical company, has agreed to sell some of the assets and liabilities of its Netherlands-based location.
PNB Housing Finance:
To expand its clientele in the cheap housing market, the home financing player has launched ‘Roshni’ branches in several places, including tier II and III cities.
MCX:
SEBI is keeping a tight eye on mock trading sessions and the transition process as leading commodity exchange rushes against time to transfer its trading technology from former promoter 63 Moons.
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