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June 23, 2022

Bajaj Auto’s board will meet on June 27 to take a call on share buyback proposal.

GAIL (India) is planning to enter into distributed Liquefied Natural Gas (LNG) production.

SBI: India’s largest lender State Bank of India (SBI) is gearing up to take on competition resulting from the merger between mortgage lender Housing Development Finance Corp (HDFC) and HDFC Bank, chairman Dinesh Khara told shareholders on Wednesday.

IRB Infra: IRB Infra received arbitration award of Rs. 419 crores from IRB Pathankot Amritsar Toll Road Ltd.

Vodafone Idea: Debt-ridden telecom major Vodafone Idea on Wednesday informed that its board of directors met on 22 June, 2022, to approve a proposal for raising of funds up to ₹436.21 crore, by way of issuance of equity shares or convertible warrants on a preferential basis.

Allsec Technologies: Business process outsourcing firm Allsec Technologies will merge with technology-enabled staffing and outsourcing services firm Quess Corp in an all-stock deal, the companies said in a joint statement on Wednesday.
GPT Infraprojects: GPT Infraprojects bags order worth Rs 292 crore. The company has bagged an order worth Rs 292 crore for execution of viaducts, major bridges, ROBs, supply of vehicle, site facilities & other allied works for Khurda Road – Bolangir New B G link project of East Coast Railway. This contract is in joint venture.

Bharat Petroleum Corporation Ltd: BPCL gets MCA nod for merger of Bharat Oman Refineries with itself. BPCL has received approval from Ministry of Corporate Affairs for amalgamation of Bharat Oman Refineries with itself.

Imagicaaworld Entertainment: Imagicaaworld Entertainment completes debt resolution. The company has completed its debt resolution successfully and inducted new promoters on the board of directors.