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February 28, 2023

Tata Steel: Company has received approval from Committee of Directors for allotment of 2.15 lakh non-convertible debentures, with 8.03% fixed coupon rate, having face value Rs 1 lakh, amounting to Rs 2,150 crore, for a tenor of 5 years, to identified investors on private placement basis.

Infosys: Company announced the roll-out of private 5G-as-a-Service to accelerate business value for its enterprise clients worldwide. The private 5G-as-a-service delivers a simple and flexible pay-as-you- go solution for clients.

Zee Entertainment Enterprises: National Company Law Appellate Tribunal (NCLAT) has granted a stay on the NCLT order with respect to IBC proceedings initiated against Zee..

Mastek: Company has signed a strategic partnership with Netail, to help e- commerce and omni-channel retailers optimize their retail value-chain and thereby attract, convert, and retain digital consumers.

NHPC: The Cabinet Committee on Economic Affairs has given its approval for incurring expenditure on pre-investment activities and various clearances for Dibang multipurpose project (MPP), in Arunachal Pradesh for Rs 1,600 crore.

Dalmia Bharat: Company bagged a block in Madhya Pradesh on the first day of the latest round of commercial coal mine auction held on Monday.

Bharti Airtel: Sunil Bharti Mittal said on Monday that the return on capital in the telecom business is very low and a tariff hike is likely to be held mid of this year.

Vodafone Idea: Company on Monday said it has allotted 12,000 optionally convertible debentures to ATC Telecom Infrastructure.

Wipro: Company announced four strategic global business lines as it looks to deepen alignment with client’s evolving business needs and tap emerging opportunities in high-growth segments of the market.