NDTV : Adani Enterprises will acquire an indirect stake of 29.1% in NDTV through its subsidiary Vishvapradhan Commercial (VCPL). Adani Group has also initiated an open offer of 26% additional stake in NDTV from its shareholders.
Hindalco : Hindalco has reserved around $8 billion of capital expenditure for its arm Novelis India over the next 5 years: Chairman Kumar Mangalam Birla.
NTPC : NTPC will raise Rs 2,000 crore through issuance of non-convertible debentures on a private placement basis.
SpiceJet : The airline is exploring multiple options, including stake sale to other airlines, to raise up to Rs 2,000 crore: Chairman and MD Ajay Singh.
Tata Motors : Tata Motors has signed a Power Purchase Agreement (PPA) with Tata Power to develop a 7.25 Mwp solar project at its commercial vehicle manufacturing facility.
NHPC : NHPC has signed an initial pact with Bharat Electronics Ltd (BEL) to set up a large capacity solar equipment manufacturing facility.
Devyani International : Dunearn Investments (Mauritius) Pte Ltd sold around a 2% stake in Devyani International for Rs 482 crore.
Unichem Labs : Unichem Laboratories has received approval from the US health regulator to market its generic carbamazepine tablets.
Hindustan Petroleum : HPCL has announced a cow dung-to compressed biogas project at Sanchore in Rajasthan. This is the company’s first waste-to energy project.