05-03-2024 09:23 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 27 points higher at 22,405.60 on Monday.

 

Tata Motors:

Company has decided to split into separate listed entities for passenger and commercial vehicles, aiming to bolster growth and accountability.

Thomas Cook:

Company's subsidiary has secured a 50% ownership in 500 FT Investment L.L.C., UAE, marking a strategic move to establish a travel-related venture.

Mishtann Foods:

Company has obtained in-principle approval from BSE for a proposed rights issue of equity shares worth up to Rs 49.90 crore.

AU Small Finance Bank:

The Reserve Bank of India has granted approval for company's merger with Fincare Small Finance Bank.

IIFL Finance:

Company has been instructed by the RBI to halt the disbursal of gold loans immediately, though the company is permitted to continue servicing its current loans.

Krishna Institute of Medical Sciences:

Company plans to invest around Rs 500 crore to build a new 300-bed multi-specialty hospital in Thane, Mumbai.

Jio Financial Services:

Promoters Sikka Ports and Terminals and Jamnagar Utilities and Power are set to acquire up to 14 crore shares of the company.

Cyient:

Company has formed a partnership with Mass Medic to expedite innovation in the field of medical technology (MedTech).

Oil and Natural Gas Corp.:

The company appointed Nandan Verma as the executive director.

NBCC:

Company's subsidiary has secured a contract valued at Rs 92 crore from the Post Graduate Institute of Medical Education and Research in Chandigarh.

Brigade Enterprises:

Company has launched Dioro at Brigade El Dorado, encompassing approximately 6.1 million square feet, with an estimated revenue potential of Rs 380 crore.

Garden Reach Shipbuilders & Engineers:

Company has entered into a Memorandum of Understanding with the Indian Register of Shipping, aiming to collaborate on the development of green energy solutions and autonomous vessels.

 

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