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12-03-2024 09:22 AM | Source: 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 - ARETE Securities Ltd

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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 161 points lower at 22,332.65 on Monday.

 

SpiceJet:

Chief Operating Officer Arun Kashyap and Chief Commercial Officer Shilpa Bhatia have resigned from the airline.

Jupiter Wagons:

The Ministry of Railways has given the company an order worth Rs 957 crore to produce and deliver 2,237 units of BOSM wagons.

Pitti Engineering:

Company announces its acquisition of Bagadia Chaitra Industries for a total enterprise value of Rs 124.92 crore.

Wipro:

Company has broadened its collaboration with Nutanix to introduce a dedicated business unit focused on Nutanix solutions.

IRB Infrastructure Developers:

Company announces that its unit, IRB Lalitpur Tollway, has achieved financial closure for the NH-44 project, securing Rs 3,500 crore in project finance from the lender.

HIL:

The board approved a 100% equity acquisition of Crestia Polytech for a total consideration of Rs 160 crore.

Rail Vikas Nigam:

Company secures contracts from Central Railway for signalling work on Khapri-Sewagram section and a construction order worth Rs 339 crore from Maharashtra Metro Rail Corp.

Triveni Engineering and Industries:

The company has acquired a 25.43% stake in Sir Shadi Lal Enterprises for Rs 35 crore, with the aim of expanding its business operations in the sugar and alcohol sectors.

Popular Vehicles and Services:

IPO set at Rs 280-295 per share, totaling Rs 601.55 crore with Rs 180 crore raised from anchor investors.

ESAF Small Finance Bank:

Board of Directors approves raising up to Rs 135 crore via Tier II bonds on private placement basis.

Aditya Birla Capital:

Board approves amalgamation of wholly owned unit Aditya Birla Finance with company, pending NCLT sanction and approvals from RBI and shareholders.

 

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