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16-05-2024 09:07 AM | Source: ARETE Securities Ltd
The markets are expected to open marginally higher today astrends 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 astrends in GIFT Nifty indicate a positive start for the broader indexafter Nifty closed 17 points lower at 22,200 on Wednesday.

HDFC Life Insurance:

The company has declared a bonus totaling INR 37.22 billion for itspolicyholders.

ImagicaaWorld Entertainment:

The company has launched a new indoor air-conditioned themedattraction at Wet n Joy Amusement Park, located in Lonavala.

Transport Corporation of India:

The company has declared the issuance of NCDs amounting to INR 2billion.

Quick Heal Technologies:

The company has fortified its European market presence bypartnering with EET, establishing itself as the preferred distributor forcybersecurity solutions.

TVS Motor:

The company has commenced operations in Italy, offering advancedthermic and electric scooters and motorcycles through TVS MotorItalia, under the leadership of Dr. Giovanni Notarbartolo di Furnari.

Eicher Motors:

VE Commercial Vehicles, a unit of the company, has established ajoint venture with iTriangle Infotech to provide fleet managementsolutions, committing an initial investment of INR 5 million for a 51%stake, while iTriangle holds 49%.

Cipla:

The company has entered into definitive agreements to invest up toINR 260 million in Achira Labs through optionally convertiblepreference shares, which will result in Cipla holding 27.27% of thetotal voting rights after the first investment tranche.

Paradeep Phosphates:

The company is in the process of introducing its proprietary biogenicnano-urea and nano-DAP fertilizers.

Gokul Agro Resources:

The company is initiating the construction of a new biodiesel plantlocated at Gandhidham, with a strategic investment amounting to?1.05 billion.

Kaynes Technology India:

The company has completed the acquisition of 100% shareholding inEssnkay Electronics LLC, with the cost of acquisition being 12,000units at USD 100 per unit.

Thirumalai Chemicals:

The company has sanctioned an additional equity investment of upto $45 million in TCL Specialty LLC.

Mankind Pharma:

The company has announced its plans to raise funds up to ?75 billionthrough the issuance of shares.

 

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