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The markets are expected to open marginally higher today as trends in GIFT Nifty indicate a positive start for the broader index after Nifty closed 123 points lower at 22,023.35 on Friday.

Life Insurance Corporation:

The insurance behemoth’s workforce of over 110,000 employees will see a comprehensive wage increase of 17%, as sanctioned by the government.

Hindustan Aeronautics:

In a significant deal, the firm has inked an agreement valued at Rs 2,890 crore with the Ministry of Defence. This contract encompasses the mid-life enhancement of 25 Dornier aircraft, together with supplementary gear, for the Indian Navy’s use.

Rail Vikas Nigam:

The enterprise has been granted a Letter of Acceptance by Maharashtra Metro Rail, carrying a value of Rs 339 crore, for the design and construction of the Pune Metro Rail Project.

ICICI Prudential:

The company redesignated Sandeep Batra as chairman of the board, effective June 30.

Metro Brands:

The corporation has secured approval from the NCLT to proceed with the demerger of Metro Athleisure from the parent company.

Crompton Greaves:

The firm has been granted a patent for its innovative linear node tubular lighting system, which for 20 years.

Omaxe:

The business has procured a 34.55% stake in Secure Properties Pvt. Ltd.'s equity shares and has subscribed to a 35% share in ‘Omaxe be Together Amausi Busport’ and ‘Omaxe be Together Ayodhya Dham Busport’, thereby designating them as associate companies.

GTPL Hathway:

The enterprise has finalized the takeover of Metro Cast Network India, boosting its ownership stake from 34.34% to a majority of 50.10%.

RailTel Corporation:

The company has received a work order valued at Rs 130 crore from the Bihar Education Project Council.

Punjab National Bank:

During its EGM, the bank sanctioned a capital augmentation plan, aiming to raise up to Rs 7,500 crore. This capital raise may be achieved via qualified institutional placements, other permissible methods, or a mix thereof.

Jindal Stainless:

The firm has contributed stainless steel to India’s inaugural underwater metro line in Kolkata, a pioneering venture with a project value of Rs 4,965 crore.

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