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Market Updates

The markets are expected to open marginally lower today as trendsin GIFT NIFTY indicate a negative start for the broader index afterNIFTY closed 8 points higher at 22,552 on Friday.

CAMS:

The company’s JV with KFin, MFC Technologies, received incorporationapproval from MCA for MF Central operations.

HFCL:

The company’s subsidiary HTL secured a Rs.44.36 crore contract from theIndian Army to supply Tactical Optical Fiber Cable Assemblies for battlefielduse.

Inox Wind:

The company bagged a 153 MW order from a leading renewable developerfor 3 MW turbines, EPC, and O&M services in Tamil Nadu.

J. Kumar Infraprojects:

The company received Rs.120.88 crore order from Mumbai Railway VikasCorporation for construction work under MUTP Phase IIIA.

Kamat Hotels:

The company signed an agreement to manage and operate The OrchidHotel in Rishikesh, Uttarakhand, expanding its portfolio.

Lemon Tree Hotels:

The company signed license agreements for Keys Lite properties in Nimanand Garoth, Madhya Pradesh, managed by subsidiary Carnation Hotels,opening FY26.

Narayana Hrudayalaya:

The company’s Cayman subsidiary HCCI executed a JV agreement with 2070Health, W Health Ventures, and Everhope Oncology to establish cancer carecenters in India.

NIIT Learning Systems:

The company’s US subsidiary NIIT (USA) Inc. invested $1 million in 8%Convertible Notes of StriVR Labs Inc., USA, aligning with its Corporate L&Dstrategy.

Omaxe:

The company’s subsidiary Omaxe World Street launched ‘New Singapore’ &‘Clarkee,’ a Rs.600 crore retail and hospitality development at World Street,Faridabad.

REC:

The company revised FY25 market borrowing programme from Rs.60,000crore to Rs.80,000 crore across bonds, NCDs, term loans, ECB, CP.

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