Wipro has won a deal valued at over $1.5bn from Alight Solutions LLC.
Shares of real estate firm will be in focus as the Supreme Court of India, in an interim order, banned the construction activity till Oct 9 in Madhya Pradesh, Uttarakhand, Maharashtra, and Chandigarh. This is after they failed to come up with a policy on solid waste management.
L&T proposed to sell 59lakh shares, of which is 3.41% of the paid-up equity capital of L&T Infotech through the stock exchange mechanism.
LIC hiked its stake in the Britannia Industries by 0.014% to 5.009%.
The USFDA finished auditing of a Halol plant of Sun Pharma with no observation, a media report said.
Idea Cellular changes its name to ‘Vodafone Idea limited’ with effect from Aug 31.
Punjab National Bank is planning to offload its entire holding of 0.11% in the NSE and is likely to raise over Rs48cr capital by divesting the stake, a media report said.
State Bank of India increased benchmark lending rate by 0.2% across all tenors up to three years.
Graphite India to acquire upto 46% stake in General Graphene Corporation with an investment upto $18.6 million in multiple tranches in cash.
Hindustan Construction Company’s board to meet on Sept 05 to consider fund raising by the issue of equity shares or other securities.
Solara Active Pharma Sciences completed acquisition of Strides Chemicals.
Ramky Infrastructure to offload 100% of its stake holding in NAM Expressway to Singapore based Cube Highways for Rs140cr, along with all its liabilities.
L T Foods’ board granted an approval the investment of Rs140cr by India Agri Business Fund II in its wholly owned subsidiary Nature Bio Foods.
Godrej Consumer Products has divested its entire stake in United Kingdom arm, through its subsidiary.
Trigyn Technologies said that the Indian Income Tax Authorities had carried out a search under the section 132 of Income Tax Act, 1961 at the premises of the Company from August 29-30.
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