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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 88 points higher at 24,666 on Wednesday.

BASF India

The company approved the demerger of its ?2,064.73 crore Agricultural Solutions business into BASF Agricultural Solutions India, which will be separately listed post necessary approvals.

Brigade Enterprises

The company acquired a 5.41-acre land on Velachery Road, Chennai for ?441.7 crore with GDV potential of ?1,600 crore over 0.8 mn sq ft.

GE Vernova

The company plans to invest ?1,400 million in India for a new manufacturing line at its Chennai (Pallavaram) facility and a new facility in Noida for HVDC and FACTS technologies.

HBL Engineering

The company received RDSO approval for Kavach System Version 4.0, enabling execution of its accumulated ?3,763.83 crore order book over 24 months.

Infosys

The company completed its stake sale in the Infosys-led JV in Japan, HIPUS, to Mitsubishi Heavy Industries.

Lloyds Metals and Energy

The company received CCI approval for TEIL’s MDO business demerger, equity subscription in TEIL, and TEIL’s stake acquisition in Lloyds Surya.

Poonawalla Fincorp

The company approved issuance of secured, listed NCDs worth ?750 crore via private placement with a ?250 crore base and ?500 crore green shoe.

SAMHI Hotels

The company approved ?125 crore investment in subsidiary Ascent Hotels via rights issue to repay inter-corporate loans and meet GIC deal conditions.

Tata Elxsi

The company has been selected by Mercedes-Benz R&D India for software engineering and SDV development.

Wipro

The company entered a digital transformation partnership with Hachette UK to modernize IT infrastructure through the implementation of SAP S/4HANA on RISE with SAP.

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