IDFC first bank
IDFC First Bank's board of directors has approved the merger of idfc ltd and IDFC Financial Holding Company with itself through a merger scheme.
Investments in tubes
Tube Investments division TI Clean Mobility has reached an agreement with Anand Jayachandran to undertake electric small commercial vehicle business through a subsidiary to be incorporated by TI Clean Mobility.
Indian Oil
The Board of Directors of the company approved the revision of the capital cost of the project from Rs 6555 crore to Rs 7231 crore for the implementation of the petrochemical project of Numaligarh Refinery Ltd.
Read more: What changed the market while you were sleeping?
IndusInd Bank
IndusInd BankThe IndusInd International Board promoter plans to raise $1.5 billion in capital to increase stake in the lender and other strategic goals.
Trusted Industries
Dependence Jio has launched Jio Bharat Phone, which will empower the existing 250 million feature phone users with internet-enabled phones. The beta test for the first million Jio Bharat phones starts on July 7.
bajaj finance
The company's assets under management (AUM) increased by 32% to Rs 2.7 lakh crore as of June 2023 in the first quarter. It posted the highest quarterly increase in its AUM of approximately Rs 22,700 crore during the first quarter.
vedanta
Alumina production at the Lanjigarh refinery decreased 18% yoy and 4% qoq. Aluminum smelter production increased 2% YoY to 579kt due to efficiencies in operations.
gender power Infrastructure
Genus Power Infrastructure has been awarded a Letter of Award (LOA) of Rs 2,207.53 crore for the appointment of an Advanced Metering Infrastructure Service Provider (AMISP), including AMI system design with supply, installation and commissioning. 27.69 lakh service of prepaid smart meters, power meters and DT meters energy accounting level.
avenue supermarkets
avenue supermarkets, which operates retail chain DMart, has reported standalone revenue of Rs 11,584 crore for the first quarter ending June. This is an 18% increase, compared to Rs 9,806 crore recorded in the same period last year.
Mangalore Refinery
Sanjay Vanna, Director (Refinery) and Managing Director (Additional Position) of the company is appointed Managing Director effective immediately.
Lupine
Lupine has received USFDA approval for its new abbreviated drug application for cyanocobalamin nasal spray.
indostan zinc
The company posted the highest first quarter mined metal production at 257kt, up 2% year-on-year due to higher ore production primarily at the Rampura Agucha and Kayad mines supported by better mined metal grades and better oil recovery. windmill.
Chalets Hotels
The board of the company approved the raising of funds in the form of NCD or any other debt instrument in one or more tranches for the purpose of refinancing high cost debt, up to an amount of Rs 500 crore.
financial M&M
Disbursements stood at Rs 12,150 crore for the first quarter, registering a growth of 28% year-on-year.
torrent power
Torrent Power has started working on a pilot project for green hydrogen to be mixed with natural gas in the city's gas distribution network (CGD).
