News Overview

Tata Elxsi announced that Cauveri Sriram has assumed the office of Company Secretary and will be one of the Key Managerial Personnel of the Company with effect from 01 March 2022 in place of G Vaidyanathan who superannuated from the services of the Company on 28 February 2022

Advik Capital will hold a meeting of the Board of Directors of the Company on 4 March 2022

Sterlite Technologies announced a collaboration with Analog Devices Inc to develop 5G Open RAN radio units O-RU Together the two companies will build 5G-ready solutions to expand the diversity of commercially available O-RUs and facilitate the growth of Open RAN networks As a part of this collaboration STL and Analog Devices will work closely with other ecosystem providers including leading power amplifier PA vendors to […]

Tata Motors sales in the domestic international market for February 2022 stood at 77733 vehicles compared to 61258 units during February 2021 Domestic sales rose 27Percentage to 73875 vehicles in February 2022 The companys commercial vehicle sales rose 11Percentage to 37552 units while passenger vehicle sales rose 47Percentage to 39981 units in February 2022

Hindustan Aeronautics announced the cessation of M S Velpari Director Operations of the Company upon his superannuation on 28 February 2022

Mahindra Logistics has entered into Share Purchase Agreement Share Subscription Agreement and Shareholders Agreement Agreements on 28 February 2022 for acquisition of up to 43972 equity shares and for subscribing up to 63200 Series A Compulsorily Convertible Cumulative Preference Shares of ZipZap Logistics Whizzard in tranches The Acquisition would result in the Company holding in aggregate up to 60Percentage of Share Capital of Whizzard on […]

EID Parry India announced that the Board of Directors of the Company at its meeting held on 28 February 2022 inter alia have recommended the second interim dividend of Rs 55 per equity Share ie 550Percentage subject to the approval of the shareholders

Axis Bank has allotted 134172 equity shares of Rs 2 each of the Bank on 28 February 2022 pursuant to exercise of stock options under its ESOP Scheme The paid up share capital of the Bank will accordingly increase from Rs 6137705392 3068852696 equity shares of Rs 2 each to Rs 6137973736 3068986868 equity shares of Rs 2 each

ICICI Bank has allotted 141981 equity shares of face value of 2 each on 28 February 2022 under the Employee Stock Option Scheme ESOS

Ashok Leyland sold 14657 units in month of February 2022 compared to 13703 units in February 2021 recording a growth of 7Percentage Total sales comprised of domestic sale of 13281 units which rose 4Percentage YoY