1) Reliance Industries:
In order to further solidify its position in India’s enormous retail market, Mukesh Ambani’s conglomerate will pay Rs2,850 crore for the wholesale business in India of German company Metro AG.
2) Adani Enterprises:
The solar production and research arm of the Adani Group, Adani Solar, a subsidiary, has introduced large-sized monocrystalline silicon ingots at its Mundra facility.
3) Sula Vineyards:
On Thursday, the biggest wine producer in India will list on the stock exchanges.
4) Max Financial Services:
According to the bulk deal data available with the NSE, the promoter of the financial services company Max Ventures Investment Holdings sold 58.85 lakh shares, or 1.7%, at an average price of Rs679.2 per share of the company for Rs399.7 crore.
5) Adani Power:
The electricity company owned by the Adani Group reported that CDP (Carbon Disclosure Project) has given it a B grade for 2022’s climate change transparency.
6) Bandhan Bank:
For its written-off portfolio with an outstanding of Rs8,897 crore, the private sector lender has received a binding bid of Rs801 crore from an asset rehabilitation company.
7) Bharat Forge:
The castings and forgings business has started supplying forgings made from green steel that were produced and provided by Saarloha Advanced Materials, a Kalyani Group firm.
8) Uno Minda:
The manufacturer of automotive components announced that it has reached a technological licence agreement with Asentec Co. of South Korea for the design, development, production, and marketing of wheel speed sensors in India.
9) Reliance Capital:
In the auction held as part of its resolution process, the Ahmedabad-based Torrent Group placed the highest bid for the insolvent Reliance Capital, offering Rs8,640 crore to buy the NBFC company founded by the Anil Ambani Group.
10) Kalpataru Power Transmission:
The National Company Law Tribunal has authorized the merger of JMC Projects (India) with the company, making it one of the largest listed engineering and construction businesses in the nation.
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