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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 385 points higher at 22,217 on Friday.

JSW Infra:

The company has received a letter of award from the V.O. Chidambaranar Port Authority for handling dry bulk cargo at V.O. Chidambaranar Port on a design, build, finance, Operate and transfer (DBFOT) basis through a PPP basis.

Swan Energy:

The board will consider the issue price for QIP on Feb. 28.

Sanofi India:

The company reported revenue of Rs 694 crore and net profit of Rs 138 crore in the December quarter.

Bharti Airtel:

The company strengthened its retail footprint in Agartala, Hyderabad, Jalandhar, Chandigarh, and Vizag.

Ashok Leyland:

The company acquired a 49.9% stake in TVS Trucks for Rs 24.95 crore  to strengthen the company’s automotive business.

Kotak Mahindra Bank:

Zurich Insurance Company plans to buy a 70% stake in Kotak Mahindra General Insurance Company for Rs 5,560 crore via primary and secondary acquisitions in a single tranche.

Zee Entertainment Enterprises: 

The company said its board has constituted an independent advisory committee to review the alleged widespread circulation of misinformation, market rumours and speculation about the company.

Housing and Urban Development:

To reach 25% of the minimum public shareholding, the government plans to sell up to 0.17% of the stake over a period of 12 months. It currently holds 75.17% equity in the developer.

Union Bank of India:

The company approved Rs 135.65 per share as the issue price of the share. The QIP is fully subscribed.

HUDCO:

The company has signed a MoU with NBCC for effective implementation of consultancy services, asset monetization activities, and corporate social responsibility activities.

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