The Markets are expected to open marginally higher today - ARETE Securities
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The Markets are expected to open marginally higher today as trend in GIFT nifty indicate a positive start for the broader index after Nifty closed 197 points lower at 21,513 on Monday
Brigade Enterprises:
The company has signed a Memorandum of Understanding with the Tamil Nadu government to invest over Rs 3,400 crore for multiple construction projects.
Ashok Leyland:
The company signed a Memorandum of Understanding with the Tamil Nadu government to invest Rs 1,200 crore in three to five years
Bajaj Finserv:
The company’s unit Bajaj Alliance reported a total new business premium of Rs 962 crore and a gross direct premium of Rs 1,425.1 crore for December.
Sanghi Industries:
Ambuja Cements' open offer for acquiring a 26% stake in the company will open on Jan. 15 and close on Jan. 29
Aurobindo Pharma:
The U.S. FDA conducted its inspection at the company’s Telangana manufacturing facility. It ended with a 'Voluntary Action Indicated' classification.
BEML:
The company bagged an order worth Rs 329.87 crore from the Ministry of Defence for the supply of Mechanical Minefield Marking Equipment Mark?II.
Tata Motors:
The company reported Jaguar Land Rover wholesales at 1.01 lakh units, up 27% YoY and retail sales at 1.09 lakh units, up 29% YoY. The order book continues to be strong, the company said.
Cipla
The company’s UK?based arm announced a joint venture with Kemwell Biopharma and Manipal Education & Medical Group to develop novel cell therapy products for major unmet medical needs in the United States, Japan, and EU regions.
Bajaj Auto:
The company has approved a Rs 4,000?crore buyback via a tender offer. It plans to buy back 40 lakh fully paid?up equity shares of face value of Rs 10 each at Rs 10,000 apiece.
Zee Entertainment Enterprises:
Sony Group is planning to call off the $10 billion merger pact with the company, according to Bloomberg.
Adani Group Companies:
The conglomerate has signed a Memorandum of Understanding to invest over Rs 42,700 crore in Tamil Nadu.
Eicher Motors:
The company’s unit, Royal Enfield, signed a non?binding Memorandum of Understanding with the Tamil Nadu government. It will invest around Rs 3,000 crore over eight years in the state to set up greenfield and brownfield projects in the region
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