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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 34.4 points higher at 22,402.4 on Wednesday

Reliance Industries:

The company has finalized the procurement of a 100% equity interest inboth MSKVY Nineteenth Solar SPV and MSKVY Twenty-second Solar SPV,with the transaction amounting to Rs 1 crore for each entity.

Shyam Metalics and Energy:

The company has launched the “SEL Tiger Foil” product line, aimed atenhancing food freshness preservation and advancing sustainability efforts.

Kotak Mahindra Bank:

The Reserve Bank of India has issued a directive to the company to halt theissuance of new credit cards and suspend the acquisition of new customersthrough its digital banking platforms, effective immediately.

TCS:

The company has established a strategic partnership with Amazon WebServices (AWS), designed to expedite the cloud transformation journey forits clientele on a large scale.

Ask Automotive:

The company has announced a joint agreement with Japan’s AISIN Group toenhance the marketing and sales of auto components in the independentaftermarkets across India, Nepal, Sri Lanka, and Bangladesh.

Rail Vikas Nigam:

The company has been identified as the most competitive bidder forSouthern Railway Project valued at Rs 239 crore.

Tata Motors Ltd.:

Through its subsidiary TPEM, the company has penned a non-binding MoUwith Vertelo for the delivery of 2,000 XPRES-T EVs, marking a step forwardin India’s e-mobility evolution.

RITES Ltd.:

The company has entered into an MoU with Damodar Valley Corp (DVC) toprovide Project Management Consultancy for rail infrastructure, focusing onupgrades and development related to power plants and their connectivity.

ITC:

The company is set to hold a shareholder meeting on June 6, 2024, toapprove the demerger of ITC Hotels into a distinct listed entity, asmandated by the NCLT.

Tata Chemicals:

The company has scheduled a board meeting on April 29 to deliberate onthe proposal for the issuance of NCDs on a private placement basis.

IRCTC:

The company has approved an additional expenditure of Rs 500.7 millionfor the ICT infrastructure, aimed at extending the duration of the ICTrefresh project.

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