News Overview

For consideration of Rs 155 crore

Tata Steel announced that as part of the its initiative towards simplification of its portfolio, the company has today, i.e. 30 March 2022 transferred the 89,63,888 equity shares of face value Rs. 10/- each, held in Tata Steel Special Economic Zone (TSSEZ) to Tata Steel Utilities and Infrastructure Services (TSUISL) for a consideration other than cash, in form of 5,51,175 equity shares of TSUISL. The […]

Tata Motors announced that TPG RISE Climate TopGun (TPG), a private equity fund has subscribed to 3,75,00,000 Compulsorily Convertible Preference Shares of the face value of Rs 1,000/- each in Tata Passenger Electric Mobility, subsidiary of the company (Tranche I Investor Securities) on 30 March 2022, for an aggregate consideration of Rs 3750 crore as the first tranche of the potential investment aggregating Rs 7500 […]

Crompton Greaves Consumer Electricals announced that the company has acquired sole control over Butterfly Gandhimathi Appliances w.e.f. 30 March 2022 and has become the promoter of the Target Company. Powered by Capital Market – Live News

At meeting held on 30 March 2022

The Union Cabinet chaired by the Prime Minister, Narendra Modi, has given its approval to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 01.01.2022 representing an increase of 3% over the existing rate of 31% of the Basic Pay/Pension, to compensate for price rise. This increase is in accordance with the accepted formula, which […]

Hong Kong share market finished session higher on Wednesday, 30 March 2022, as hopes for Ukraine-Russia peace talks lifted global risk appetite. At closing bell, the benchmark Hang Seng Index advanced 1.39%, or 304.40 points, to 22,232.03. The Hang Seng China Enterprises Index rose 1.28%, or 96.37 points, to 7,609.37. Risk appetite among global financial markets had improved on the positive development in Ukraine-Russia peace […]

The Mainland China share market finished session higher on Wednesday, 30 March 2022, as risk sentiment got a boost from progress in talks between Russia and Ukraine and optimism that Chinese authorities could announce moves to support growth. However, market gains capped amid lingering concerns about the countrys economic outlook, with Chinas most populous city and financial centre, Shanghai, continuing to grapple with a staggered […]

The Australian share market finished higher for seventh straight session on Wednesday, 30 March 2022, as the government unveiled a stimulatory budget ahead of this years federal election. Meanwhile, buying sentiments underpinned amid optimism around a peaceful resolution of the Ukraine war after Russia on Tuesday promised to scale down military operations around Ukraines capital Kyiv, while Ukraine proposed adopting a neutral status in face-to-face […]

The offer received bids for 1.54 crore shares as against 1.17 crore shares on offer.