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The markets are expected to open marginally lower today as trendsin GIFT Nifty indicate a negative start for the broader index afterNifty closed 5 points higher at 23,264 on Tuesday.

NHPC:

The company’s stake in National High Power Test Laboratory (NHPTL)has been reduced to 12.5% following the approval of a 1 crore sharetransfer to Power Grid Corp, leading to NHPTL no longer being anassociate company.

B.L. Kashyap and Sons:

The company has secured new orders totaling approximatelyRs 1,021 crore, including a Rs 924 crore construction order from DLFCity and a Rs 97 crore civil construction order from Sattva Homes,bringing the total order book to Rs 3,545 crore.

Union Bank:

The bank has approved a fund-raising plan of up to Rs 10,000 crore.

SBI:

The bank has approved a long-term debt fund-raising of up to $3 bn.

Tube Investments:

The company has entered into definitive agreements with South AsiaGrowth Invest III LLC and South Asia EBT Trust III, with a proposedfund-raising by TICMPL aimed at scaling up operations of TICMPL andits units.

Trident:

The company’s unit, Trident Home Textiles, has acquired 15,000ordinary shares of subsidiary Trident Global B.V. at €1 per share,signifying a further investment in the subsidiary

Camlin Fine Sciences:

The company’s unit has entered into a share purchase agreement toacquire a 100% stake in Vitafor Invest NV, Belgium, and its units.

TCS:

The company has launched a new IoT Engineering Lab in Ohio, aimedat accelerating innovation for its clients.

Ltimindtree:

The company has strengthened its presence in Saudi Arabia byopening its regional headquarters in Riyadh.

Hindustan Aeronautics:

The company is set to provide two Hindustan 228-201 aircraft to the Cooperative Republic of Guyana, facilitated by a USD 23.37 million line ofcredit agreement between the RBI and Export-Import Bank of India.

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