Airtel : Singtel Group is selling shares worth Rs 12,900 cr in Bharti Airtel. After the sale, Singtel’s stake in Airtel will decrease to 29.7%. Singtel is a Singapore based telecommunications conglomerate.
TCS : TCS clarified that it will pay 100% of variable pay for its 6 lakh plus employees for the June quarter of this fiscal.
Bandhan Bank : The bank will open 551 more branches in the 2022-23 fiscal year: MD and CEO Chandra Shekhar Ghosh.
NHPC : NHPC Renewable Energy and the Government of Rajasthan have signed a deal for the development of ultra mega renewable energy power parks.
Lupin : Lupin has received approval from the USFDA for an inhalation solution intended to treat chronic obstructive pulmonary disease.
TVS Motor : TVS Motor will acquire a 48% stake in two-wheeler startup ‘DriveX’.
IDFC : IDFC Limited has appointed Mahendra N Shah as the managing director (MD) of the company with effect from October 1, 2022.