Today’s business is likely to remain in meditation.
HCL Tech, Tata Communications, Very Angry
HCL Tech, Veri Energy and Tata Communications shares are expected to be in the limelight on Tuesday as companies are going to announce their quarterly earnings.
Hindustan Unilever
FMCG veteran Hindustan Unilever (HUL) has finalized the acquisition of 90.5% stake in rebellion science 2,706 crore.
Tata power
Tata Power Renewable Energy, a subsidiary of Tata Power, has entered a power purchase agreement (PPA) with Tata Motors to develop a 131 MW wind-sore hybrid project.
Vedanta
Promoter Entity Twin Star Holdings (Borrowers) have signed a $ 530 million facility with a group of lenders. Vedanta is acting as a guarantor for resource and welter trading agreement. The funds raised through this agreement will be used to address the financial obligations of the VRL group, cover the expenses related to the transactions mentioned in the finance documents and support the general corporate needs of the borrower. Twin Star Holdings, which holds 40.02% stake in Vedanta, is part of a related party and Vedanta’s promoter group.
One97 Communication (Paytm)
Paytm Money, a subsidiary of the company, has introduced new competitive interest rates and an updated brokerage structure for its recently launched salary for later (Margin Trading Facility – MTF) service. This initiative is designed to make more affordable investments for both retail and high-value investors.
Coal
Coal India has entered a memorandum (MoU) with Damodar Valley Corporation, which is to set up two 800 MW Ultra Super Kritical Power Plants in Jharkhand.
Mazagon dock shipbuilders
Captain (in Retad) Jagmohan has been appointed as the chairman and managing director of the company’s board, which is effective from April 21 and will work until his retirement on 30 September 2029. As a result, Biju George, Director (Shipbuilding) abandoned his additional responsibilities as Chairman and Managing Director, also effective on 21 April.
Nuka
Nureca has received official approval from the Punjab government to establish a new manufacturing facility in Sundara, Punjab. This facility will be dedicated to the production of health and welfare equipment.
Brigade enterprises
The company has entered a joint development agreement for a plotted development project in Malur, East Bengaluru, covering about 20 acres of land. The gross development value of the project is almost 175 crore, with a total development capacity of 0.45 million square feet.
Gandhi oil refinery
The company has entered a non-comprehensive memorandum (MoU) with the Jawaharlal Nehru Port Authority (JNPA), which is to participate in the development of a terminal at the Wadhavan Port to handle containers, wholesa and liquid cars along with the construction of auxiliary weaving. Project is expected to require investment around 1,000 crores, with operations starting in 2030.
Rejuvenation: This story is only for educational purposes. The above views and recommendations belong to individual analysts or broking companies, not Taaza Khabar 247. We recommend investors to investigate with certified experts before taking any investment decisions.
