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Vodafone Idea: The telecom operator said its board of directors will meet on February 27 to consider all proposals for raising funds in one or more tranches by way of a rights issue, further public offer, private placement, including preferential allotment, qualified institution placement, or through any other permissible mode. The trading window for dealing in securities of the company will be closed on February 23–29.
Indian Railway Catering and Tourism Corporation: IRCTC has tied up with Bundl Technologies (Swiggy Foods) for the supply and delivery of pre-ordered meals through the IRCTC e-catering portal as a proof of concept in the first phase at four railway stations, i.e., Bengaluru, Bhubaneswar, Vijayawada, and Visakhapatnam. The eCatering service through Bundl Technologies may be available soon.
Olectra Greentech: The Consortium of Olectra Greentech and Evey Trans (EVEY) has received a Letter of Award (LOA) from Brihan Mumbai Electric Supply & Transport Undertaking (BEST) for the supply, operation, and maintenance of 2,400 electric buses on a gross cost contract basis. These buses, valued at Rs 4,000 crore, will be delivered over a period of 18 months.
Tata Elxsi: The Tata Group company, through its NEURON product suite, announced a strategic partnership with Accuknox, the developer of NIMBUS. This strategic partnership helps operators roll out secure 5G networks with inline mitigation and makes the network future-ready for 6G.
Oil India: The company has signed a Memorandum of Understanding (MoU) with Fertilisers and Chemicals Travancore (FACT), a public sector company, to explore opportunities in the domain of green hydrogen, including green ammonia, green methanol, and other derivatives.
Bajaj Auto: The Pune-based two-and-three-wheeler company has made further investment of Rs 45.75 crore in Yulu Bikes, which is India’s largest shared electric two-wheeler mobility company. After the fresh investment, Bajaj Auto's shareholding in Yulu Bikes now stands at 18.8 percent.
Angel One: The retail broking house has received approval from board members for fund raising up to Rs 2,000 crore through a preferential issue, further public offer, or qualified institution placement (QIP).
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Repost from ✌️STOCK TRADERS ✌️
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