Zee Entertainment: Ace investor Rakesh Jhunjhunwala‘s Rare Enterprises Ltd and BofA Securities Europe SA on Tuesday bought shares of Zee Entertainment Enterprises worth over Rs 225 crore through open market transactions.
HCL Technologies: The IT major said it has signed a pact with South Korean software company HANCOM Inc to share advanced software technology solutions and establish a mutual bridgehead for overseas expansion.
Jindal Steel & Power:
has upgraded its rating from ‘A’ with ‘stable’ outlook to ‘A+’ with ‘Positive’ outlook on the long term bank facilities and from “A2+” to “Al+” for short term bank facilities of the company
Tata Steel: The iron producer announced the commissioning of a carbon capture unit at its plant in Jamshedpur. The unit can capture five tonnes of carbon per day, the company said. The company did not disclose the financial details of the project.
Shree Cement: Rajasthan-based cement maker will invest Rs 4,750 crore on three projects, including Rs 3,500 crore to set up an integrated cement plant at Nawalgarh Tehsil of the state.
Yes Bank: The private sector lender and six persons settled with Sebi a case pertaining to alleged selective disclosure of asset quality, after paying Rs 1.65 crore towards settlement amount.
Power Finance Corporation: UBS Group AG increased stake in the company to 5.67 per cent from 3.4 per cent earner, through the rights issue.
Hindustan Aeronautics: The defense sector PSU and Rolls-Royce signed an agreement for Make-in-India Adour engine parts to support the latter’s international defense customer base.
of India: The state owner lender said it has secured a sustainability-linked loan aggregating to a total syndicated facility of USD 1.5 billion (about Rs 11,050 crore) from one of the leading trading corporates globally.
Finance: Insurance behemoth Life Insurance Corporation of India’s stake in the company increased to 45.24 per cent from 40.31 per cent post preferential allotment.
BLS International: The tech-enabled services company said it has been empanelled for processing Ayushman Bharat cards under Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) by the National Health Authority.
Reliance Infrastructure: The Anil Ambani Group company will receive Rs 7,100 crore from the Delhi Metro Rail Corporation (DMRC) after a recent Supreme Court judgement, the company’s chairman Anil Ambani told.
Setco Automotive: The promoters of the company have pledged 16.25 per cent stake against a loan.
Dynacons Systems & Solutions: The company won an e-governance contract worth Rs 7.46 crore for development & management of GMDMA website, disaster management app and command & control system from the Municipal Corporation of Greater Mumbai.
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