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The markets are expected to open marginally lower today as trendsin GIFT Nifty indicate a negative start for the broader index afterNifty closed 0.95 points lower at 22,513.70 on Friday

JSW Energy:

The company completed a QIP round, raising Rs 5,000 crore at an issueprice of Rs 485 per share, which is a 4.92% discount to the floor price ofRs 510.09 per share.

Vodafone Idea:

The company is set to raise Rs 2,075 crore through the issuance of 139.5crore shares to Oriana Investments, priced at Rs 14.87 each.

Tata Steel:

Following debottlenecking across sites and enhanced production atNeelachal Ispat Nigam Ltd, the company reported its highest annualcrude steel output of 20.8 million tons, marking a 4% YoY growth.

Indiabulls Real Estate:

The company plans to raise Rs 3,910.9 crore through a preferentialshare issue in tranches, with investors such as Utpal Seth, Blackstone,Poonawalla Finance, and Quant MF.

Dr. Reddy’s Laboratories:

The company has entered into a marketing and distribution agreementwith Bayer for the second brand of Vericiguat in India.

Mahindra EPC:

The company secured an order valued at Rs 13.2 crore from the Officeof the Assistant Engineer for supplying microirrigation systems across2,700 hectares.

Landmark Cars:

The company announced the formation of a wholly owned subsidiarynamed Landmark Premium Cars.

United Breweries:

The company has been issued a demand order for Rs 264 crore for FY20by the Maharashtra GST department.

Embassy REIT:

The company is set to acquire Embassy Splendid TechZone for Rs 1,269 crore.

Nestle India:

The company’s board has approved a gradual increase in royaltypayments to the parent firm by 0.15% each year over the next fiveyears, reaching 5.25% of net sales.

Greaves Cotton:

The company’s unit has signed an agreement with Tsuyo Manufacturingto enhance its footprint in the low-speed electric 3-wheeler segment.

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