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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 201 points higher at 22,821 on Thursday.

Hero MotoCorp:

The company has approved the purchase of additional shares in AtherEnergy, with the acquisition costing ?1.24 billion for up to 2.2% of AtherEnergy’s shares.

Wipro:

The company has landed a $500 million deal with a prominent UScommunication service provider to deliver managed services for variousproducts and industry-specific solutions.

Pidilite Industries:

The company has sold its associate company CPL, which had a minimalcontribution to its sales and net worth, for about ?1.06 crores to existingand new shareholders.

Mishtann Foods:

The company has approved a fund-raising initiative worth ?500 millionthrough the issuance of equity shares on a rights basis.

Welspun Enterprises:

The company has settled with IOCL for ?236.7 million, ending the Delhi HighCourt suit post-settlement.

Can Fin Homes:

The company is set to propose at the AGM the issuance of debt instrumentsup to ?40 billion and a further issue of shares via QIP/preferentialallotment/rights issue for ?10 billion.

Tata Steel:

The company announces the NCLT’s approval for the amalgamation schemeof Bhubaneshwar Power into and with Tata Steel.

PB Fintech:

The company’s Dubai-based unit, PB Fintech FZ-LLC, has invested USD 2million for a 26.72% stake in YKNP Marketing Management.

Alkem Laboratories:

The company has agreed to invest ?300 million in shares ofHaystackAnalytics, a move that will enable participation in the expandingdiagnostic space.

Rail Vikas Nigam:

The company has secured an order valued at ?4.95 billion from NationalThermal Power Corporation.

Bajaj Housing Finance:

The company has approved an IPO featuring a fresh issue of shares worth?40 billion, along with a share sale by existing shareholders.

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