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Tata Motors: The private equity firm TPG Group to invest Rs 7,500 crore in its new wholly-owned electric vehicle subsidiary. The investment would be made in tranches, over a period of 18 months from the date of completion of the first tranche.
Orient Paper & Industries: L7 Hitech acquired 21 lakh equity shares in the company at Rs 32.53 per share on the NSE, the bulk deals data showed.
Zee Entertainment Enterprises | The comapny said an “offer” was presented to them by largest shareholder group – Invesco Developing Market Funds – back in February 2021 to merge the company with entities linked to a large Indian group.
IndusInd Bank: The bank has been authorised by RBI to collect Direct and Indirect Taxes on behalf of the Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and Customs (CBIC).
Puravankara: Subsidiary Provident Housing proposed to launch its area sharing premium affordable housing development ‘Provident Palm Vista’ in Mumbai having a total saleable area of about 1.0 million square feet. Another subsidiary T-Hills proposed to launch its plotted development project ‘Tivoli Hills’ in Bangalore having a total saleable plot area of about 1.4 million square feet.
Bhansali Engineering Polymers: The company approved the Brown Field ABS expansion project at existing plants i.e. Abu Road (Rajasthan) & Satnoor (Madhya Pradesh) for enhancing overall ABS production capacity to 2,00,000 tonnes per annum with approximately capex of Rs 500 crore, to be funded through reserves and surplus which shall be implemented tentatively by December 2024. Stock news first uploaded on telegram channel Neerajjoshi5014
Vipul: The company has signed and entered a joint venture agreement with Tulip Infratech, for assigning of all development rights to carry out all developments activities in relation to residential project namely ‘Aarohan Residences’ at Golf Course Road, Haryana.
Happiest Minds Technologies: The company entered into partnership with Tech4TH Solutions, a company incorporated in the USA.
Bajaj Finserv: Trustee company under the name of Bajaj Finserv Mutual Fund Trustee Limited has been incorporated as a wholly owned subsidiary of the company.