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 113 points higher at 22,217 on Tuesday.
Siemens:
The company has sanctioned the spin-off of its energy business into anindependent publicly traded entity, with a share entitlement ratioestablished at 1:1.
Oberoi Realty:
The company has passed a resolution authorizing the issuance of nonconvertible debentures up to 20 billion rupees through private placement.
Aurionpro Solutions:
The company has approved the issuance of bonus shares at a 1:1 ratio andrecommended a dividend of Rs 2.5 per share.
Dalmia Bharat Sugar and Industries:
The company has approved the scheme of amalgamation with BaghauliSugar and Distillery, marking a strategic move to consolidate operations.
Indian Overseas Bank:
The company has revised its one-year MCLR to 8.90% from 8.85%, effectiveMay 15.
Repco Home Finance:
The company has approved a fundraise through the issuance of ?10 billionworth of NCDs.
Shree Cement:
The company has approved the scheme of amalgamation for merging ShreeCement North into Shree Cement East, aiming to create a synergisticconsolidation of their business operations.
IndiaMART Intermesh:
The company has acquired an additional 14.88% share capital inLivekeeping Technologies, with an investment of ?133.9 million.
Exide Industries:
The company has made a strategic investment of ?749.99 million in shares ofits wholly-owned subsidiary, Exide Energy Solutions, through a rights issue.
Abans Holdings:
The company is broadening its investment scope by launching its premierGlobal Arbitrage Fund in the U.S. markets, with a 9.29% stake involved.
Mahindra & Mahindra:
The company has announced the divestment of its entire 30.83% stake inNew Delhi Centre for Sight Limited, owned by Mahindra Holdings, in a dealvalued at INR 4.25 billion.
Infosys:
The company has partnered with First Abu Dhabi Bank to enhance andupdate its IT infrastructure services, utilizing Infosys Cobalt for deliveringtop-tier infrastructure-managed services, with a 0.09% stake.
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