22-05-2024 08:35 AM | Source: ARETE Securities Ltd
The company`s unit has received a work order from Morphing InnovationsOPC valued at $132.7 millio - ARETE Securities Ltd

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The markets are expected to open marginally lower today as trendsin GIFT Nifty indicate a negative start for the broader index afterNifty closed 27 points higher at 22,529 on Tuesday.

Coforge:

The company introduced two new industry Copilots—Underwriter Copilotfor Insurance and Advisor Copilot for Financial Services—and announcedthe launch of the Copilot Innovation Hub in collaboration with Microsoft toboost enterprise adoption of generative AI.

GR Infraprojects:

The company has been identified as the lowest bidder for two significantprojects, the Pune Ring Road project valued at Rs 1,997 crore and theWardha Expressway road project with a worth of Rs 2,350 crore.

Reliance Industries:

The company secured an exclusive license for Nel’s alkaline electrolysers inIndia and gained rights to globally manufacture these electrolysers forcaptive use, following a license agreement with Nel Hydrogen Electrolyser.

Royal Orchid Hotels:

The company is set to expand its presence with the launch of a new 5-starresort in Kevadia, Gujarat.

Phoenix Mills:

The company announced the completion of CPP Investment’s third trancheof investment in PCREPL, amounting to ?2.70 billion.

PNC Infratech:

The company has been declared the L1 bidder for two EPC road projects bythe Maharashtra State Road Development Corporation, with a combinedvalue of ?4,994 crore.

Mayur Uniquoters:

The company approved an investment of up to ?300 million by subscribingto the common stock of Mayur Uniquoters Corp. USA.

Welspun Enterprises:

The company approved the sale of 19% of its equity shares in WGSL andWTSL to Aryabhat Vyapar, along with the transfer of shareholding ofWelspun Global Services and Welspun Transformation.

Bondada Engineering:

The company’s unit has received a work order from Morphing InnovationsOPC valued at ?132.7 million.

Biocon:

The company’s Biologics division has obtained USFDA approval for the biosimilarAflibercept, marking Yesafili’s entry into the U.S. ophthalmology market.

Goldiam International:

The company secured an order valued at ?30 crore.

Godawari Power and Ispat:

The company approved the proposal to withdraw the scheme ofamalgamation of Godawari Energy with the company.

Eris Lifesciences:

The company approved the issuance of NCDs worth up to ?12.50 billionthrough private placement.

 

 

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