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Market Updates

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 123 points higher at 21,778 on Monday.

Aditya Birla Fashion and Retail:

The company raised its stake in unit Finesse International Design to 63.5% from 58.7% for Rs 20 crore.

Info Edge India:

The company will invest Rs 25 crore in Zwayam Digital, a wholly owned subsidiary.

The Ramco Cements:

The company has approved to acquire the shares of its arm, Ramco Industries, from Promoter Group Nalina Ramalakshmi for Rs 16 crore in one or more tranches.

Oil Marketing Companies:

As per reports, state?run OMCs are likely to announce cuts in petrol and diesel prices.

Satin Creditcare Network:

The company entered into a master agreement for the co?lending of loans to microfinance borrowers by way of a co?lending module in tranches with Karnataka Bank. A ratio of 80:20 will be funded by the bank and the company, respectively.

RedTape:

The company has entered into a strategic, marketing and technical tie?up with Open Network for Digital Commerce (ONDC) for marketing its products

Waaree Renewables:

The company has signed a collaboration agreement with 5B Maverick Services to accelerate the deployment of utility?grade solar power, both domestic and international.

Lemon Tree Hotels:

The company has signed a franchise agreement for an upcoming hotel in Mussoorie, Uttarakhand, under the company’s brand, ‘Lemon Tree Hotel’.

Punjab National Bank:

The bank approved raising up to Rs 7,500 crore in one or more tranches during the next financial year.

Swan Energy:

The company approved raising Rs 4,000 crore via multiple instruments

RBL Bank:

ICICI Prudential AMC and ICICI Prudential Life received RBI's nod to acquire aggregate holdings of up to 9.95% in the two lenders

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