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Підписники
Немає даних24 години
-57 днів
-1930 день
Архів дописів
1 102
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Apollo Tyres: Foreign portfolio investor White Iris Investment sold 2,85,79,542 equity shares, or a 4.5 percent stake, in the tyre manufacturing company through an open market transaction at a price of Rs 448.35 per share, valued at Rs 1,281.4 crore. However, Nippon India Mutual Fund picked up 1,20,44,000 equity shares, or a 1.9 percent stake, at the same price, amounting to Rs 540 crore. As of September 2023, White Iris Investment held an 8.04 percent stake, or 5,10,54,445 equity shares, in Apollo Tyres.
Tech Mahindra: Mohit Joshi assumed the office as Managing Director and CEO of Tech Mahindra effective December 20. The term of appointment of CP Gurnani as Managing Director and CEO of the company ended on December 19, and consequently, Gurnani ceased to be the Managing Director and CEO of the company.
IndusInd Bank: The private sector lender, is likely to sell up to 1.79 crore shares, or 2.86 percent equity, in Nippon AMC via block deals, CNBC-TV18 reported, quoting sources. The floor price has been set at Rs 426.60 per share, which is a 5 percent discount to Tuesday's closing price. The total offer size for the Nippon AMC stake stands at a substantial Rs 762 crore.
Bharat Petroleum Corporation: The oil marketing company has received board approval for setting up a polypropylene (PP) unit for the production of polypropylene at Kochi Refinery at a gross project cost of Rs 5,044 crore.
RVNL: Rail Vikas Nigam and Kerala Rail Development Corporation JV emerged as the lowest bidders to upgrade and redevelop the Varkala Sivagiri Railway station in Kerala. The project costs Rs 123.26 crore, and the time period for the project is 30 months.
CONCOR: Container Corporation of India signed a MoU with DB Schenker India to collaborate on EXIM and domestic business. Through the MoU, the companies aim to provide sustainable supply chain practices in the logistics industry.
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