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Stocks in News

April 1, 2022

Vodafone Idea: The company’s board has approved raising of ₹4500 crores to 3 promoter or promoter group entities at ₹13.30 per share.

Vedanta: Vedanta’s board has approved a proposal to source 580 MW of green energy for its operations across India.

Sterlite Technologies | The company has signed the definitive agreement to sell its 64.98 percent stake in Maharashtra Transmission Communication Infrastructure (MTCIL).

Lupin: The pharma major said the USFDA has issued 13 observations to its US-based wholly-owned subsidiary Novel Laboratories, Inc after an inspection.

Adani Enterprises: The Adani Group’s flagship firm said it has received a letter of award from NHAI to develop a section of National Highway 48 under the government’s Bharatmala Pariyojana.

ONGC: The state run exploration firm, which opened seven out of India’s eight oil and gas producing basins, is on the way to open another basin, Vindhyan as it details out commercialisation of a gas discovery in Madhya Pradesh.

Raymond: The National Company Law Tribunal has approved the scheme of transfer of Raymond Apparel business to the textile major.

Hindustan Zinc: The mining firm said it will invest Rs 350 crore to develop up to 200 megawatt (MW) renewable energy capacity through a special purpose vehicle.

Exide Industries: The consumer durables player announced an investment of Rs 6,000 crore in Karnataka.

SJVN: The state run utility player said it has incorporated a new subsidiary for executing renewable projects. The new subsidiary, SJVN Green Energy (SGEL) shall work in the verticals of power generation from renewable sources.