News Overview

Life Insurance Corporation of India has increased its shareholding in Tech Mahindra from 4863Percentage to 6874Percentage during the period 30 November 2021 to 21 November 2022 at an average cost of Rs 104224

Minda Corporation announced Technology License Agreement TLA with LocoNav for white-labelling of Telematics Software for both Web AndroidiOS platforms on 21 November 2022 Spark Minda will integrate LocoNav developed software with its inhouse developed telematic devices to provide OEMs with a complete solution This exclusive collaboration will enable Spark Minda to be ahead of technology curve with customised solutions to suit Indian OEMs As part […]

Larsen Toubro has purchased the entire stake held by Chiyoda Corporation in LT-Chiyoda LTC a joint venture between Larsen Toubro and Chiyoda Corporation Chiyoda in accordance with the Share Purchase Agreement dated 22 November 2022 The acquisition cost is Rs 75 crore for 4500000 shares aggregating to 50Percentage of the shareholding The transaction is expected to be completed by 31 December 2022

Glenmark Pharmaceuticals Inc USA Glenmark and Glenmark Pharmaceuticals have reached a settlement agreement with Pfizer Inc PF Prism CV and PF Prism IMB BV Pfizer for Axitinib Tablets 1 mg and 5 mg the generic version of their Inlyta1 Tablets 1 mg and 5 mg Glenmark had previously announced it received tentative approval by the United States Food Drug Administration USFDA for their generic Axitinib […]

Axis Bank has allotted 222398 equity shares of Rs 2 each of the Bank on 21 November 2022 pursuant to exercise of stock options under its ESOP Scheme The paid up share capital of the Bank has accordingly increased from Rs 61473793383073689669 equity shares of Rs 2 each to Rs 6147824134 3073912067 equity shares of Rs 2 each

GHCL announced that India Ratings Research a Fitch Group Company has affirmed the companys LongTerm Issuer Rating to IND AA- Stable The rating agency also reaffirmed IND A1 to GHCL for issuance of Commercial Paper CP of Rs 100 crore which shall be carved out of existing working capital facilities

Yash Innoventures will hold a meeting of the Board of Directors of the Company on 8 December 2022

Macrotech Developers has allotted 45919 equity shares under ESOP on 21 November 2022

Easy Trip Planners has signed an agreement through a Memorandum of Understanding MoU with Assam Tourism Development Corporation ATDC during an event held on 21 November 2022 The objective of this MoU is to share resources and collectively collaborate to boost the growth of tourism in Assam Binded by the MoU EaseMyTrip will provide white label solutions to endorse ATDC properties on its website and […]

Aarnav Fashions announced that the 39th Annual General Meeting AGM of the company will be held on 15 December 2022