Adani Ports: The nation’s largest ports and logistics firm APSEZ on Wednesday mentioned it’s buying Windy Lakeside Investment’s 31.5 per cent stake in Gangavaram Port Ltd for Rs 1,954 crore.
Corporation (IOC) plans to monetise its hydrogen-producing amenities to lift about Rs 10,000 crore, in line with folks conversant in the matter.
Bajaj Electricals, Mahindra Logistics: The two firms signed a logistics optimisation and outsourcing contract price over Rs 1,000 crore for the subsequent 5 years. As per the settlement, Bajaj Electricals Ltd (BEL) will outsource its total logistics to Mahindra Logistics Ltd (MLL), which can even present an entire end-to-end redesign.
Ircon International: The Offer on the market (OFS) of
was oversubscribed on the first day of difficulty by institutional traders. The authorities is promoting as much as 16 per cent stake at a ground worth of Rs 88 a share in railway PSU IRCON. The difficulty will open for retail traders on Thursday.
Mazagon Dock Shipbuilders: The firm mentioned commissioning of Submarine Karanj is scheduled on March 10 and the sea trials of first ship Visakhapatnam of Project P-15B, which is due for supply later this 12 months, have commenced.
GE Shipping: mentioned it has purchased a secondhand Supramax Bulk Carrier of about 56,103 dwt. The 2013 Japanese constructed vessel is anticipated to affix the firm’s fleet in Q1 FY22
Bharti Airtel: The telecom firm mentioned it has raised $750 million by allotment of ‘unsecured senior fastened fee notes’ to eligible traders.
VST Tillers: VST Tillers Tractors has entered right into a share buy settlement for funding in Series A Preferred
Stock of Zimeno Inc . The investee firm is in the growth of Electric Autonomous Tractor
NTPC: State-run energy large NTPC will cease 105MW of energy provide to Sikkim from Wednesday midnight in view of non-payment of excellent dues of Rs 89 crore, a supply mentioned.
HDFC: Mortgage main HDFC additionally lower its rate of interest providing on Wednesday, making credit score cheaper 0.05 per cent to its clients. The HFC mentioned it’s going to elevate as much as Rs 5,000 crore by issuing non convertible debentures (NCDs) on a non-public placement foundation.