The markets are expected to open marginally higher today - ARETE Securities Ltd
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 80 points higher at 22,514.65 on Thursday.
Grasim Industries:
The firm has secured a 26% share in Clean Max Decimus, a dedicated entity established for the production and distribution of renewable energy.
Rashi Peripherals:
The company has procured new orders worth Rs 1,510 crore from NMDC Data Centre, backed by Hinduja Group, for the delivery of ICT products.
Cello World:
The company has commenced operations at its new manufacturing plant located in Rajasthan.
Sula Vineyards:
The company has sanctioned the acquisition of N D Wines for approximately Rs 14 crore.
United Spirits:
The company acquired a 15% interest in Inspired Hospitality for Rs 5.65 crore through the subscription of 3,494 compulsory convertible preference shares.
Aeroflex Industries:
The company has completed the acquisition of Hyd-Air Engineering for Rs 17.2 crore.
Prestige Estates:
The company has purchased 21 acres of prime land in Whitefield, Bengaluru, intended for residential development with an estimated 4 million sq ft of developable area, which includes about 1,800 apartments.
Nazara Technologies:
The company’s division has acquired the intellectual property rights of Ultimate Teen Patti for Rs 10 crore.
Hero MotoCorp:
The company has been issued an income tax demand of Rs 310 crore along with interest amounting to Rs 296 crore for the assessment years 2013-14 to 2017-18 and 2019-20.
Nestle India:
The National Consumer Dispute Redressal Commission has rejected the complaint lodged by the Department of Consumer Affairs regarding MAGGI Noodles in 2015.
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