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April 18, 2023

Listing debut: Avalon Tech

• Avalon Tech will make its listing debut on BSE and NSE today.

• Avalon Tech IPO was open for subscription between April 3 to April 6, 2023. It was subscribed 2.34 times.

SBI: Board will meet today to consider raising funds of up to $2 billion.

Zee Entertainment: OFI Global China has sold a 5.11% stake in the company.

Jubilant FoodWorks: Coca Cola India has acquired a 15% stake in Hashtag Loyalty Private, as associate company of Jubilant FoodWorks.

Bank of Maharashtra: Hiked interest rates by up to 0.10% across tenures.

Vedanta: The company has partnered with 20 display glass companies from South Korea to build an electronics manufacturing hub in India.

Tata Power
• Tata Power Delhi Distribution has inked a pact with NTPC Vidyut Vyapar Nigam.

• NTPC Vidyut will supply 200MW hydropower to Tata Power Delhi during the next five years.