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August 27, 2021

Jindal Poly Films: The company has acquired 100% shares of Jindal India Solar Energy and consequent thereof Jindal India Solar became wholly-owned subsidiary.

GRM Overseas: Promoters acquired 23,802 equity shares in the company via open market transaction, increasing shareholding to 71.70% from 71.51% earlier.

BHEL: A Memorandum of Understanding (MOU) was signed between the company and JSC Rosoboronexport, to cooperate and implement possible joint projects and activities with BHEL for joint production of spare parts and components for Russian-origin equipment installed onboard the Indian Navy Aircraft Carrier “Vikramaditya” and maintenance of systems and equipment of Aircraft Carrier “Vikramaditya and on other issues of mutual interest.

IDFC First Bank: The RBI approved the appointment of Sanjeeb Chaudhuri, Independent Director, as the Part-Time Chairman of the bank, for a period of three years.

Onward Technologies: ICRA assigned long term rating for bank facilities of the company at BBB-/Positive and short term rating at A3.

Wipro: The company signed a strategic partnership with DataRobot to provide Augmented Intelligence at scale, to help customers become AI-driven enterprises, and accelerate their business impact.