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Zomato: China's Ant Group arm, Antfin Singapore Holdings Pte, is likely to sell up to a 2 percent stake (17.64 crore shares) in Zomato for Rs 2,800 crore through a block deal, sources told CNBC-Awaaz. The floor price for the block deal has been fixed at Rs 159.4 per share, which represents a 4 percent discount from the current market price. Wipro: The IT services company has acquired a 27 percent stake in SDVerse LLC to strengthen its positioning as a leader in software-defined vehicle and cloud car engineering services. The transaction is expected to be completed before the end of March 2024. NHPC: The state-run power company has started developing the 1,200-MW Jalaun Ultra Renewable Energy Power Park in Jalaun, Uttar Pradesh. The solar park will be developed by Bundelkhand Saur Urja, a subsidiary company of NHPC, with an investment of Rs 796.96 crore. The park is proposed to be set up in 24 months from the investment approval and will generate about 2,400 MUs of electricity every year. Tata Technologies: The Tata Group company has appointed S Sukanya as chief operating officer with effect from March 6, 2024. S. Sukanya was working at Tata Consultancy Services as Senior Vice President and Chief Information Officer. Coal India: Chhattisgarh-based Coal India subsidiary South Eastern Coalfield's Gevra mine is set to become the largest coal mine in Asia. The mine has been granted environmental clearance to expand production capacity to 70 million tons per year from the current 52.5 million metric tonnes. Bharti Airtel: After receipt of notices for conversion of FCCBs of principal value of $40,862,000 from certain FCCB holder(s), the Special Committee of Directors for Fund Raising of the telecom operator has approved the allotment of 56,81,733 fully paid-up equity shares at a conversion price of Rs 518 per equity share to FCCB holders. The outstanding principal value of FCCBs, as listed on the Singapore Exchange, stands at $337.967 million. Indian Railway Catering and Tourism Corporation: IRCTC has signed a Memorandum of Understanding (MoU) with Swiggy (Bundl Technologies) to provide pre-ordered meals to passengers of Indian Railways through IRCTC e-Catering Services. This service will be made available initially on Bengaluru, Vijayawada, Visakhapatnam, and Bhubaneswar stations, and the number of stations may be increased or decreased on mutual agreement during the currency of the Proof of Concept (PoC).

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