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04-03-2024 09:03 AM | Source: ARETE Securities Ltd
Nifty indicate a negative start for the broader index - Arete Securities

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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 40 points higher at 22,378.4 on Saturday.

 

One 97 Communications:

Paytm Payments Bank has been fined Rs 5.49 crore by the Financial Intelligence Unit of India for breaching its obligations under the Prevention of Money Laundering Act, 2002.

Asian Paints:

Company plans to establish a new water-based paint manufacturing facility in Madhya Pradesh, with an annual capacity of 4 lakhs KL, involving an investment of approximately Rs 2,000 crore.

Axis Bank:

Company has given the green light to raise Rs 4,000 crore through debt instruments, featuring a base issue size of Rs 1,000 crore and a green shoe option of Rs 3,000 crore.

Jio Financial Services:

JFS was the sole addition to the S&P BSE Large Cap index, as announced by the Bombay Stock Exchange during its periodic reconstitution of S&P BSE Indices.

Welspun Corp:

Company has outlined plans to establish a manufacturing plant for plastic pipes and water storage tanks in Madhya Pradesh, with a proposed investment totaling Rs 400 crore.

FSN E-Commerce Ventures:

Company extended its global presence by inaugurating Nysaa, the inaugural beauty retail store in Dubai, through a partnership with Apparel Group.

VI:

Tanla Platforms and Vodafone Idea Business Services Ltd. have entered into a definitive Memorandum of Understanding for the deployment of 'Messaging as a platform' in India.

Torrent Power:

Company has secured an order worth Rs 2,700 crore from Railway Energy Management for the installation of approximately 325 MW of renewable energy capacity.

Angel One:

Company has partnered with a team of experienced wealth managers to spearhead its technology-driven omnichannel wealth management operations.

Rainbow Children's Medicare:

Company has opened an 80-bed hospital in Tamil Nadu, bringing the company's total bed capacity to 1,885 beds. The project's total cost amounts to Rs 60 crore.

PVR Inox:

The company opened a 4-screen multiplex in Patna and a 14-screen multiplex in Pune.

Vimta Labs:

Company has been awarded a grant of Rs 4.1 crore from the Government of India to enhance its food testing laboratory.

 

 

 

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