Infosys, MindTree, AB Money: Infosys, MindTreee, National Standard (India),
India, , Morarka Finance, and Perfect-Octave Media Projects are among the companies that will announce their September quarter results today.
Zee Entertainment Enterprises: The media major said Invesco, its single largest shareholder, had itself come with a proposal in February this year for a merger of the company with certain entities owned by a large Indian group (Strategic Group) with inflated valuation “by at least Rs 10,000 crore”.
Tata Motors: The homegrown auto major said it will raise $1 billion (Rs 7,500 crore) in its passenger electric vehicle (EV) business from TPG Rise Climate at a valuation of up to USD 9.1 billion.
Bajaj Finserv: Trustee company under the name of
Mutual Fund Trustee Limited has been incorporated as a wholly owned subsidiary of the company.
Adani Ports: The Adani Group’s port player, which operates Mundra Port in Gujarat, has decided not to handle containerised cargo originating from Iran, Pakistan and Afghanistan from November 15 would increase domestic logistics costs for the export sector, according to exporters.
IndusInd Bank: The bank has been authorised by the RBI to collect Direct and Indirect Taxes, on behalf of the Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and Customs (CBIC).
Coal India: The state owned miner’s arm NCL said it is ensuring sufficient fuel supply to meet the growing energy demand of the nation and reaffirmed its commitment for uninterrupted fuel dispatch to its dependent coal consumers, including thermal power plants.
Power Grid Corporation of India: The state-owned transmission player’s board okayed an investment of Rs 14.23 crore for an electric vehicle charging station in Navi Mumbai and to create an arm to undertake telecom and digital technology businesses.
BLS International: The tech-enabled services company said it has been authorised by the Embassy of Brazil in India for visa application processing. Under the mandate, the company will be accepting visa applications from centers in Delhi and Mumbai.
Everest Organics: The bulk drugs maker said it has developed an Active Pharmaceutical Ingredient for investigational antiviral drug Molnupiravir, which is used in the treatment of patients with mild-to-moderate coronavirus infections.
Choice International: The company acquired the mutual fund distribution business of Centcart Money Services by the company’s step-down subsidiary Choice Wealth.
Centrum Capital: The Reserve
issued a licence to Unity Small Finance Bank, a step-down subsidiary of the company, to carry on small finance bank business.
