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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 173 points higher at 22,011.95 on Thursday.

Muthoot Finance:

The firm has secured an additional 4.48% interest in its subsidiary Belstar Microfinance for a consideration of Rs 300 crore, elevating its aggregate holding to 63.50%.

Wipro:

The firm has established a new venture, ‘SDVerse’, in collaboration with General Motors and Magna International.

Reliance Power:

The corporation has fulfilled all its dues concerning its loans from DBS Bank India, thereby releasing the 45 MW wind power project’s assets from any liens.

Mazagon Dock:

The company has entered into a 29-year lease agreement with the Mumbai Port Authority for land and building, costing Rs 354 crore.

Tata Chemicals:

The firm has been ordered by the income tax department to pay a penalty amounting to Rs 103.6 crore.

Tata Communications:

The board has sanctioned a deal to segregate a new edged digital services division at a cost of Rs 458 crore.

Prestige Estates:

The subsidiary has procured 62.5 acres in the NCR for Rs 468 crore, aimed at developing an integrated township.

Star Housing Finance:

The firm has initiated a co-lending alliance with Tata Capital Housing Finance to support 5000 EWS/LIG segment home buyers in the initial phase.

Life Insurance Corp:

The corporation has raised its shareholding in LTIMindtree from 4.99% to 5.03%.

Bharat Dynamics:

The company has sanctioned a stock split, dividing each share into two.

Jindal Saw:

The company has received NCLT approval for the amalgamation scheme involving Jindal Quality Tubular, Jindal Tubular (India), and Jindal Fittings.

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