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16-08-2024 08:57 AM | Source: ARETE Securities Ltd
The markets are expected to open marginally higher today astrends in GIFT Nifty indicate a positive start - ARETE Securities Ltd

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The markets are expected to open marginally higher today astrends in GIFT Nifty indicate a positive start for the broader indexafter Nifty closed 4 points higher at 24,143 on Wednesday.

Equinox India Developments:

The company revalidated its authorization to raise up to INR 7,500 crorethrough non-convertible debentures, bonds, or other debt securities viaprivate placement for another year, within existing borrowing limits.

Gabriel India:

The company stated that the Indian government rejected the FDIapplication for its JV with Inalfa.

Jio Financial Services:

The company incorporated a wholly-owned subsidiary, Jio Finance Platformand Service Ltd, in Mumbai to engage in the distribution of financialproducts and allied services.

JNK India:

The company received a large order from Hindustan Petroleum valuedbetween INR 50 crore to INR 150 crore.

Max India:

The company approved a proposal to raise funds of INR 250 crore.

Paras Defence and Space Technologies:

The company received a INR 305 crore order from Larsen and Toubro.

Power AND Instrumentation (Gujarat):

The company's JV received an order worth INR 229.2 million and anotherworth INR 55 million.

SpiceJet:

The company is seeking shareholder approval to raise up to INR 3,000 crore.

Sun Pharma:

The company will invest up to $15 million in Pharmazz Inc., resulting in aholding of more than 5%.

Swan Energy:

The company will divest its LNG terminal to Turkey's BOTAS for $399million.

Tata Steel:

The company acquired equity shares worth $182 million in T Steel HoldingsPte.

Uttam Sugar Mills:

The company approved an increase in cane crushing capacity from 4,700TCD to 5,500 TCD at its Ithaikheri unit.

Zydus Lifesciences:

The company's venture capital arm, Zynext Ventures, invested in Neuro42,a company developing portable MRI systems for neuroimaging andinterventions.

 

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