IGI Logo

The markets are expected to open marginally lower today as trends in GIFT Nifty indicate a negative start for the broader index after Nifty closed 140 points lower at 22,302 on Tuesday.

Tata Elxsi:

The company has partnered with Arm to fast-track the software-defined vehicle journey for OEMs.

Patel Engineering:

The company, in a joint venture, has been declared the lowest bidder for an irrigation project worth ?3.43 billion by the Office of the Executive Engineer, Government of Maharashtra, with the company’s share in the contract being ?1.2 billion.

Bharat Dynamics:

The company plans to invest in a joint venture, along with five other members, for an amount of up to ?11.7 million. Notably, the consortium is being led by Bharat Electronics.

Mishra Dhatu Nigam:

The company, in a joint venture, has been declared the lowest bidder for an irrigation project worth ?3.43 billion by the Office of the Executive Engineer, Government of Maharashtra, with the company’s share in the contract being ?1.2 billion.

LTIMindtree:

The company has collaborated with IBM to establish a WatsonX Center of Excellence for Generative AI in India.

Infosys:

The company has been awarded the ISO 42001:2023 certification for its Artificial Intelligence Management System.

Mahindra & Mahindra:

The NCLT has approved the merger of Mahindra Heavy Engines, Mahindra Two Wheelers, and Trringo.com with the company.

Ravindra Energy:

The company has agreed to sell its entire stake in Prerak Greentech Solar to Avengers Rays for ?215.2 million.

Shyam Metalics:

The company has commenced operations at the recently acquired Ramsarup plant, signaling growth in the steel sector.

Dixon Technologies:

The subsidiary Dixon Electro Appliances has formed an agreement with Nokia to develop and manufacture telecom products.

Suraj Estate Developers:

The company has approved a comprehensive fundraising initiative of up to ?5 billion through equity shares or other equity-linked instruments, in one or more tranches, via methods such as private placement, preferential issue, rights issue, or qualified institution placement.

Please refer disclaimer at http://www.aretesecurities.com/

SEBI Regn. No.: INM000012740