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Market Updates

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 124 points lower at 26,068 on Friday.

Adani Enterprises

The company's JV AdaniConneX executed Rs.231.34 crore SPA for acquisition of 100% stake in Trade Castle Tech Park to support infrastructure development.

Ather Energy

The company secured a partnership with Evolution Auto for the launch of the Rizta electric two-wheeler in Sri Lanka.

Godrej Properties

The company secured a ~75-acre land parcel in Nagpur for a plotted residential development with an estimated revenue potential of ~Rs.755 crore.

Interglobe Aviation

The company approved USD 820 million investment in InterGlobe Aviation Financial Services IFSC for acquisition of aviation assets to support fleet ownership expansion.

Jyoti CNC Automation

The company commenced expanded operations at its subsidiary Huron Graffenstaden SAS facility in Strasbourg, France doubling capacity to support global manufacturing growth.

KNR Constructions

The company received Rs.319.24 crore LOA from Musi Riverfront Development Corporation for 24-month construction of an iconic bridge across Mir Alam Tank.

Lemon Tree Hotels

The company signed a license agreement for a 50-room Keys Select hotel in Bhopal to support its managed-portfolio hospitality expansion.

NBCC

The company received Rs.42.37 crore LOA from National Horticulture Board for CIP Agra planning and execution.

Powergrid

The company received agreement from Nepal Electricity Authority for cross-border 400 kV transmission link projects in India and Nepal to support high-capacity power transfer infrastructure.

RateGain Travel Technologies

The company entered a strategic partnership with HotelIQ, a hotel business intelligence and analytics platform, to integrate Navigator rate shopping solutions worldwide to support hotel revenue optimization.

Trident

The company announced a Rs.2,000 crore expansion plan in Punjab, allocating Rs.1,500 crore towards new terry towel and paper facilities in Barnala and Rs.500 crore for a corporate center in Mohali. 

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