Tech: The stock will make its market debut on Friday. If we go by grey market trends, the stock is commanding a premium of Rs 135 as of today, hinting at a modest listing gain of 8 per cent. Analysts advised only aggressive investors to stay with the stock post listing.
Hexaware Technologies: Private equity group Carlyle has emerged as the frontrunner to acquire Hexaware Technologies from its PE owner Baring Private Equity Asia (BPEA) with a bid of $3 billion (Rs 22,500 crore), said people in the know.
Vodafone Idea: VIL has paid its licence fee dues for first quarter 2021-22, a company spokesperson said in a statement. A report had earlier suggested that the operator fell Rs 150 crore short on payment of licence fees.
HDFC Bank: Private sector lender HDFC Bank fixed the coupon rate of its $1 billion additional tier- I (AT-1) bonds at 3.70 per cent per annum. The notes will be listed on the India International Exchange (IFSC) Limited, HDFC Bank said in a regulatory filing.
ICICI Bank, Graphite India: ICICI Bank, Graphita India, Sundram Fasteners, Sheela Foam and TTK Healthcare which among a few companies which will hold their annual general meetings (AGMs) today.
Hindustan Zinc: Vedanta group firm Hindustan Zinc said that there is no change to its dividend policy and it will adhere to it. The statement comes a day after the company deferred its board meeting which was to consider an interim dividend for FY22.
InterGlobe Aviation:
said it will resume flights to Dubai from early Friday morning after a brief ban by Dubai authorities. “IndiGo will recommence flight operations between India and UAE from 0130 IST (2000 UTC) tonight. We have informed all our passengers and any inconvenience caused is regretted,” the airline said in a statement.
Larsen & Toubro Infotech: LTI, the globally-focused tech consulting and digital solutions provider from the Larsen & Toubro stable, is hiring 4,500 freshers this year, compared to 3,000 last year, as it faces high attrition rate, a top company official has said.
CDSL: Leading depository said its wholly-owned subsidiary
IFSC has been recognised as the bullion depository in IFSC by the International Financial Services Centres Authority (IFSCA).
Dabur India: Home-grown FMCG major
is looking at the future with “great optimism” but challenges from the pandemic are far from over, its Vice Chairman Mohit Burman said, adding the company is better prepared to deal with any eventuality.
AU Small Finance Bank: The SFB has received shareholders’ nod for raising equity and debt capital totalling up to Rs 14,500 crore to fund its business growth.
GIC Housing Finance: The HFC said it will seek shareholders’ nod to raise up to Rs 2,500 crore in debt capital, during its AGM next month. The company’s next annual general meeting (AGM) is to be held on September 27.
Coal India: Coal India Chairman Pramod Agrawal has said it will be difficult for the PSU to give 50 per cent wage hike to workers, as demanded by the unions, due to financial constraints facing the company, according to a union leader.
Tata Steel: The private steel major will pay a total of Rs 270.28 crore as annual bonus for the accounting year 2020-2021 to its eligible employees of all applicable division /units of the company.
TCS: IT services major
Services (TCS) said it is expanding its strategic partnership with Google Cloud with the launch of Google Garages at its TCS Pace Port co-innovation and advanced research centers in Amsterdam, New York, and Tokyo.
