09-05-2024 09:07 AM | Source: ARETE Securities Ltd
The markets are expected to open marginally lower today as trendsin GIFT Nifty indicate a negative start for the broader index - ARETE Securities Ltd

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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 flat at 22,302 on Wednesday.

Reliance Industries:

The company has announced the acquisition of a 100% equity stake inReliance Chemicals and Materials Ltd, with the transaction valued at?3.14 billion.

Manappuram Finance:

The company has set the terms for notes under its USD $750 million EMTNprogramme, to be utilized for onward lending, refinancing, and othercorporate activities.

Godrej Industries:

The company has acquired an additional 14% equity stake in Godrej OnePremises Management

Rail Vikas Nigam:

The company has received a Letter of Acceptance for a contract valued at?1.67 billion.

NHPC:

The company has been scheduled by the MCA for a hearing on theamalgamation with Lanco Teesta Hydro Power on May 30, 2024.

NTPC:

The company, through its NTPC Green Energy arm, has inked an MoU withMahatma Phule Renewable Energy and Infrastructure Technology todevelop renewable energy parks and projects in Maharashtra.

NBCC:

The company has received work orders totaling ?4 billion.

India Shelter Finance Corp:

The company has approved the issuance of NCDs aggregating up to?10 billion.

Bank of Baroda:

The company has been informed by the RBI that restrictions on the BOBWorld application have been lifted, allowing immediate resumption of newcustomer onboarding.

TVS Supply Chain Solutions:

The company has secured a new contract for Eicher’s bus facility in Baggad,reinforcing a 20-year partnership and contributing to over 1200 jobs inMadhya Pradesh, with the deal spanning three years.

 

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