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TCS: TCS announced that its ₹18000 crores buyback will open on March 9, and the window will close at 5pm on March 23.
Info Edge: Info Edge has acquired a 76% stake in online dating company Aisle Network for ₹91 crores.
3i Infotech receives contract worth Rs 12.85 crore: The company has bagged a work order from Rajasthan State Pollution Control Board (RSPCB) for design, development, implementation and maintenance of integrated e-Governance Solution 2.0 for the Rajasthan State Pollution Control Board. The total contract value is Rs 12.85 crore. The stock was locked in its upper circuit on March 4 but has declined 31 percent in the past one month.
Balkrishna Industries starts expansion, de-bottlenecking at Bhuj plant: The firm said it has successfully commenced commercial production of the brownfield expansion and de-bottlenecking project at its Bhuj plant ahead of schedule. This will result in increased production of tyres up to 50,000 MTPA.
PNB Housing Finance plans to raise funds: The company will hold a board meeting on March 9 to consider fund raising. The stock was down 1.3 percent on March 04 and has lost 7.0 percent over the past one year.
Nazara Technologies board approves preferential issue of Rs 25 crore: The mobile gaming company said its board has approved issuance of equity shares worth Rs 25 crore to existing shareholders of Datawrkz Business Solutions.
V-Mart Retail sees SBI Funds Management buying 4.5% stake: SBI Funds Management through various schemes acquired 4.5 percent stake in the retail company via open market transactions on March 3.
KPIT Technologies gets ratings upgrade: ICRA has assigned the long-term rating at ‘AA’ for company’s bank facilities with a ‘stable’ outlook and a short-term rating at ‘A1+’.