Markets may open slightly lower as GIFT NIFTY signals weak start -ARETE Securities Ltd
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The markets are expected to open marginally lower today as trends in GIFT NIFTY indicate a negative start for the broader index after NIFTY closed 19 points lower at 26,027 on Monday.
Arvind SmartSpaces
The company acquired an outright residential high-rise project in Whitefield, Bengaluru with ~4.6 lakh sq ft saleable area and top-line potential of ~Rs.550 crore.
EIH
The company signed a management agreement for a 25-key Oberoi luxury resort at the 500-hectare Makaibari Tea Estate, Darjeeling, scheduled to open in 2030.
Inox Wind
The company received a 102.3 MW order from ABREL EPC, a subsidiary of Aditya Birla Renewables, for supply of 3.3 MW wind turbines in Karnataka.
Intellect Design Arena
The company partnered with 35 Canadian credit unions across eight provinces to deploy eMACH.ai DEP, covering institutions managing over $13 billion assets.
Krishna Institute of Medical Sciences
The company’s subsidiary commenced operations at a 350-bed multi-specialty hospital at PES University campus, Electronic City, Bengaluru.
Lemon Tree Hotels
The company signed a license agreement for Lemon Tree Hotel, Bandipur, Nepal, an 80-room property to be managed by subsidiary Carnation Hotels.
MTAR Technologies
The company received an amended order from an existing customer increasing total order value to Rs.370.56 crore with an incremental addition of Rs.92.64 crore.
Newgen Software Technologies
Wholly owned Saudi subsidiary signed a 2-year SAR 15.98 million (Rs.38.64 crore) contract with a Saudi public sector bank for a loan origination system.
PowerGrid
The company emerged as the successful bidder under TBCB for the 765 kV SR–ER inter-regional transmission project on a BOOT basis.
SEPC
The company joined the JARPL–AT Consortium for Rampur Batura Opencast Coal Mine in Madhya Pradesh with aggregate contract value ~?3,299.51 crore for ~10 years.
State Bank of India
The bank will sign a €150 million line of credit with KfW in Frankfurt to finance climate-friendly energy generation projects.
Texmaco Rail & Engineering
The company’s JV Touax Texmaco Railcar Leasing awarded a Rs.132 crore order for supply of BLSS and BVCM wagons.
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