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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 92 points lower at 22,004.70 on Tuesday.

Wipro:

The company has executed the transfer of its entire shareholding in Wipro Gulf LLC, which was held by Wipro Holdings (UK), to Wipro IT Services UK Societas.

Piramal Enterprises:

The entity has completed an investment of Rs 2,000 crore into its division, Piramal Capital & Housing Finance, through a subscription to a rights issue.

Lumax Industries:

The corporation will allocate an investment of Rs 5 crore into its European subsidiary.

Wockhardt:

The company has secured Rs 480 crore through QIP, with the issue price set at Rs 517 per share.

APL Apollo Tubes:

The enterprise has finalized the acquisition of a 53.57% stake in share capital and voting rights in KML as of March 26, 2024, thereby establishing it as a subsidiary.

IDFC:

The corporation has obtained an order from NCLT to convene shareholder consent on May 17 concerning the proposed amalgamation scheme involving IDFC Financial Holding with IDFC, and subsequently IDFC with IDFC First Bank.

Titan:

The company’s entity, TCL Watches Switzerland AG, is no longer a wholly owned subsidiary following its liquidation.

Praveg:

The commencement of operations at Praveg’s Safari Velavadar Resort, situated in Gujarat, has been initiated.

Prism Johnson:

The company will consider fundraising via bonds on March 29.

Indian Hotels:

The corporation has injected $6.5 million as equity into its Netherlands-based, wholly-owned subsidiary, IHOCO BV.

Pratap Snacks:

The company has initiated commercial production at its newly established unit located in Khewat.

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