Benchmark indices Sensex and Nifty ended on a flat note after a volatile session on Tuesday due to profit-taking amid rising geopolitical tensions. In today's trade, shares of Tata Technologies, SBI Card, Jio Financial, LTIMindtree, NBCC among others will be in focus due to various news developments.
Tata Technologies
TPG on Tuesday divested a 3% stake worth Rs 1,230 crore in Tata Technologies through its investment arm Rise Climate Sf Pte Ltd via a block deal.
UPL's step-down subsidiary UPL Global has completed the acquisition of the remaining 20% stake in PT Excel Meg Indo, an Indonesian company involved in the agrochemical sector.
Zydus Life
Zydus Life received US FDA’s final approval for Amantadine extended-release capsules 68.5 mg & tentative approval for 137 mg.
Jio Financial
Jio Financial Services arm Jio Leasing Services (JLSL) invested Rs 67.5 crore in Reliance International Leasing IFSC for 8.1% cumulative optionally convertible preference shares.
PNC Infratech
PNC Infratech was declared lowest bidder for a project worth Rs 380 crore from NHAI.
SBI Cards
Dinesh Khara resigned as the Director of the company with effect from August 27, 2024.
Godrej Agrovet
Godrej Agrovet completed acquisition of 49% stake in Arm Godrej Tyson foods from Tyson India Holdings. With this acquisition, the co’s shareholding in Tyson India holdings increases to 100% from 51%.
Aditya Birla Capital
AB Capital has invested Rs 300 crore on rights basis in arm Aditya Birla Housing Finance.
LTIMindtree
Karnataka High Court stayed GST demand order worth Rs 378 crore till the next date of hearing, which is yet to be notified.
Wipro expanded its collaboration with Dell Technologies to bring the Dell AI Factory to Wipro’s Enterprise AI-Ready Platform.
NBCC
The Board of NBCC will consider the proposal for issue of bonus shares on August 31, 2024
