TCS confirmed that its investment committee approved the arrangement during its meeting on Thursday.
Addressing recent market speculation around a single upcoming EV launch, Jejurikar clarified that Mahindra will introduce two new electric vehicles next week.
However, buyers and sellers of the deal are not officially disclosed yet. The floor price of the deal has been fixed at ₹1,675.70 per share.
The partnership is expected to support Zaggle’s expansion within the retail and fashion segment.
Here are some of the stocks that may see significant price movement today: Reliance Industries, Hyundai Motor, JSW Energy, etc.
The company plans to invest approximately ₹1,000 Crore via its subsidiary Mahindra Hotels and Residences India Limited.
The company reported an EBITDA of ₹259.3 crore for the quarter, up 5.2 percent from ₹246.5 crore last year.
The scope includes end-to-end PMC services for the proposed regional development project in Nagpur.
The company said the deal is valued at ₹130.64 crore for shares that carry a face value of ₹10 each.
The FOMC members are deeply divided; while US shutdown and lack of data are not making it any better
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