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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 21 points higher at 24,323 on Friday.

Bajaj Auto:

The company announces CNG motorcycle to start at INR 95,000, with the top model costing INR 1,10,000.

Bank of Baroda:

The company says as of June 30, global business grew by 8.52% YoY. Global deposits grew by 8.83% YoY as of June 30, while global advances grew by 8.14% YoY as of June 30.

Coforge:

The company acquired 46 lakh equity shares of Cigniti, representing 16.92% of its current paid-up share capital, at a cost of INR 1,398.50 per share.

eClerx Services:

The company has announced a buyback of up to 1,375,000 equity shares at INR 2,800 per share, totaling INR 3,850 million.

IndusInd Bank:

The company says net advances are up 16% YoY as of June end, and provisional deposits are up 15% YoY.

JM Financial:

The company increases its stake in JM Financial Credit Solutions Limited from 46.68% to 89.67% through a INR 1,282 crore acquisition.

Life Insurance Corporation of India:

The company is infusing LKR 500 million (approx. INR 14 crores) into its subsidiary LIC Lanka to comply with regulatory capital requirements, increasing its shareholding from 90.91% to 93.75%.

Tata Motors:

The company says the waiting list for the new Range Rover Electric continues to grow, with over 39,000 sign-ups.

Tata Steel:

The company says India deliveries at 4.94 million tonnes, up 3% YoY. Indian business saw best-ever Q1 sales.

Titan:

The company registered a growth of 9% YoY in Q1 FY25, with jewellery domestic operations growing 8% YoY in Q1.

Ugro Capital:

The company has approved the issuance of up to INR 75 crores worth of senior secured non-convertible debentures on a private placement basis.

Welspun Corp:

The company agreed to make an investment not exceeding INR 3.50 crore, holding up to approximately 22.67% equity share capital in Bhargavi Renewable Private, a subsidiary of Welspun Renewable Energy Private.

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