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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 98 points higher at 22,055 on Friday.

RailTel Corporation of India Ltd.:

The company has been awarded a work order worth Rs. 51.53 crores by the Central Warehousing Corporation for the nationwide Supply, Installation, Testing, and Commissioning of a Modern Video Surveillance System.

Jupiter Life Line Hospitals:

The company has approved the expansion of its Indore hospital by 75 beds and its Pune hospital by 22 beds, with a total project cost of ?18 crores.

Aditya Birla Fashion:

The company’s subsidiary, Indivinity Clothing Retail Pvt Ltd, has allocated shares valued at Rs. 100 crores to the company. This transaction increases the company’s stake in the subsidiary from 80% to 85.54%.

HUDCO:

The company has entered into an agreement with SITCO for the development of the Surat Multi Modal Transportation Hub, marking a strategic move in infrastructure enhancement.

Emami Paper Mills:

The company has signed a PPA with AMP Energy C&I Three for the supply of solar power from a 7 MWP capacity solar power plant located in Odisha.

Bank of India:

The company has sanctioned a capital infusion plan, aiming to raise up to ?5,000 crores. This will be achieved through the issuance of Basel III compliant Additional Tier 1 and Tier 2 bonds, amounting to ?2,500 crores each.

Lemon Tree Hotels:

The company has entered into a franchise agreement to establish a new hotel in Uttar Pradesh, expanding its footprint in the region.

Saksoft:

The company has announced the approval of a scheme of amalgamation involving DreamOrbit Softech and others with the company.

Sapphire Foods:

The company has approved the amalgamation of French Restaurants with Gamma Pizzakraft Lanka, reflecting a strategic consolidation in its business operations.

Astra Micro:

The company has entered into a collaboration agreement with Teledyne e2v HiRel to offer semiconductor services, bolstering support for the aerospace, defense, and high reliability electronics markets.

Thomas Cook India:

The company is targeting the substantial and rapidly expanding outward remittances segment. It has introduced TCPay to facilitate smooth and seamless financial transactions.

TVS Holdings:

The company has sanctioned the acquisition of an 80.74% stake in Home Credit India Finance, with the transaction valued at ?554 crores.

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