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Bajaj Auto : has approved the buyback of shares worth Rs 2,500 crores.
Cipla : will acquire an additional stake for nearly Rs 26 cr in ‘GoApptiv Private’ to raise its shareholding to 22.02%.
Reliance Industries: Altigreen, an electric commercial vehicle maker backed by Mukesh Ambani’s conglomerate in collaboration with last-mile delivery service provider Vidyut Parivahan on Monday inaugurated its EV service centre at Wagholi in Pune.
ICICI Bank: The private lender will maintain its strong market position and market capitalisation over the next 12-18 months, S&P Global Ratings said and affirmed its long-term issuer credit rating ‘BBB-‘ with a stable outlook.
JSW Steel: Moody’s Investors Service said it has upgraded the steel maker’s Corporate Family Rating (CFR) to Ba1 from Ba2. At the same time, Moody’s has changed the ratings outlook on JSW Steel Ltd and Periama Holdings LLC to ‘stable’ from ‘positive’.
Bank of Baroda: The public sector lender said it will raise Rs 5,000 crore by issuing long-term infrastructure bonds.
Poonawalla Fincorp: Two individuals offloaded shares of the NBFC worth Rs 105 crore through open market transactions.
TTK Prestige: The household appliance maker said it will acquire a majority 51 per cent stake in Ultrafresh Modular Solutions, a move which will help the leading kitchen appliances company into the fast-growing modular kitchen solutions segment.
Mishtann Foods: Riding the success of its new launches, the FMCG firm is launching a new variant in salt in the form of salt crystals which has several nutritional benefits on the auspicious occasion of ‘Rath Yatra’ on 1st July 2022.