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March 15, 2023

TVS Motors: The company has received the board approval for allotment of 12,500 non-convertible debentures of face value Rs 1 lakh each, amounting to Rs 125 crore, through private placement. The date of maturity of these NCDs will be March 13, 2026.

Railtel: Company has received a work order worth Rs 287.57 crore from the Centre for Development of Advanced Computing. The work includes supply, installation, integration, testing and commissioning of IT infrastructure in greenfield data centre at New Delhi and Bengaluru along with training and support.

Reliance Industries: Reliance Jio has introduced a set of new postpaid family plans called Jio Plus at Rs 399 per month. The plans will be available starting March 22 in all Jio stores and home delivery.

Cipla: Company on Tuesday announced that it has sold a 51.18 percent stake in Cipla Quality Chemical Industries Ltd, Uganda, for $25-30 million to Africa Capitalworks SSA.

NTPC: Company is planning to import around 5.4 million tonne of coal to meet the supply shortage during the first half 2023-24 fiscal.

Maruti Suzuki: Suzuki Motor Corporation the parent company of Maruti Suzuki has increased its stake in the company to 56.48 percent by purchasing shares from the open market.

DFM Foods: Company has received a delisting order, approving the delisting of equity shares from BSE and National Stock Exchange of India, the trading in the equity shares of the company will be discontinued from both the exchanges with effect from March 28 this year.