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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 247 points lower at 22,272.5 on Monday.

Cipla:

The company is set to enhance its market presence with the strategicacquisition of Ivia Beaute’s cosmetics and personal care business for Rs 130crore.

Insolation Energy:

The company’s division has secured purchase orders valued at Rs 55.71crore for the supply of solar PV modules.

Gokul Agro Resources:

The company’s unit has signed an agreement with the Government ofAndhra Pradesh for the oil palm development programme in the state.

Jio Financial Services:

The company has announced a 50:50 joint venture with BlackRock andBlackRock Advisors Singapore for wealth management operations in India,alongside plans to establish a wealth management firm and a brokerageentity within the country.

Manappuram Finance:

The company will review a proposal to raise $500 million in funds on April 19.

Transformers & Rectifiers India:

The company has received a Withdrawal of Stop Deal Letter from GujaratEnergy Transmission Corporation (GETCO), reinstating its eligibility to supplyto GETCO immediately.

Thomas Cook:

The company has expanded its forex service network in Delhi-NCR to 12locations, with the opening of a new counter at its franchise outlet.

Sula Vineyards:

Sula Vineyards: The company has acquired 100% of the equity share capital of N D Wines,making it a wholly owned subsidiary

Vedanta Ltd:

The company has secured an 11-year term loan of Rs 3,918 crore fromPower Finance Corporation Ltd (PFC), which will facilitate the swiftcompletion of its power projects.

Gujarat Gas:

The company has signed a non-binding MoU with Indian Oil Corporation,aiming to enhance the availability of energy solutions for consumers acrossGGL’s authorised areas.

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