08-08-2024 09:19 AM | Source: ARETE Securities Ltd
The markets are expected to open marginally lower today as trends in GIFT Nifty - ARETE Securities Ltd

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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 304 points higher at 24,297 on Wednesday.

Adani Enterprises:

The company’s unit Adani Airport Holdings Ltd has incorporated a wholly-owned subsidiary named Global Airports Operator L.L.C. (GAO) in Abu Dhabi for investments and acquisitions related to the construction, operation, and maintenance of airports outside India.

Bondada Engineering:

The company’s unit has received an order worth INR 198.4 million.

GE T&D:

The company won an order worth INR 305 crore.

GIC:

The company received a GST show cause notice amounting to INR 1,112 crore from the Mumbai South Commissioner ate.

GTL Infrastructure:

The company received a show cause notice from the GST Authority imposing a penalty of INR 8.94 billion.

Lemon Tree Hotels:

The company launched its seventh property in Gujarat with Lemon Tree Resort, Somnath, featuring 52 well-appointed rooms, a restaurant, a boardroom, a fitness center, a recreational room, a swimming pool, and other public areas.

NTPC:

The company announced that the first part of the 60 MW capacity out of the 150 MW Gujarat Solar PV project is set to begin commercial operations from 29.07.2024.

Rashtriya Chemicals and Fertilizers:

The company approved raising funds up to INR 3 billion.

Taneja Aerospace and Aviation:

The company entered into an investment agreement with Zenith Precision, with the agreement size at INR 50 million.

Tata Motors:

The company launched the CURVV EV with a starting price of INR 17.50 lakh.

TVS Supply Chain Solutions:

The company won a multi-year contract with JCB for in-plant logistics at Vadodara.

Welspun Corp:

The company announced the acquisition of 100% of the securities issued by Weetek Plastic, with the cost of acquisition at an enterprise value of INR 850 million.

 

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