Bharti Airtel: The telecommunications carrier’s board has approved raising up to Rs 21,000 as a rights issue at a price of Rs 535 per share. Mega fundraising will give Airtel more firepower as the company becomes a rival in the highly competitive Indian telecommunications market.
Tata Steel: Domestic steel giants will invest Rs 800 billion in capital investment in the Indian business during the fiscal year, said TV Nardran, CEO and managing director of the company.
Hero MotoCorp: Motorcycle manufacturers and the Automotive Skills Development Council (ASDC) have worked together to bridge the digital skills gap of national car dealerships and build the capabilities of this important growth driver.
Tata Motors: Homemade car majors said they had received approval from the National Enterprise Court (NCLT) Mumbai Bench to split the passenger car business unit into separate entities.
Inter-Globe Airlines: Operator indigo Appointing Greg Saletsky as Special Advisor, he said he would work closely with the Executive Leadership Team to accelerate opportunities for operational and commercial improvement of airlines.Saletsky participated in the board of directors
As a part-time director in October last year.
Zydus Pharma’s Dr Reddy’s Labs: According to the latest report from the US health regulator, major pharmaceutical companies are recalling bottles of their products in the US market for a variety of reasons.
NMDC: The state-owned iron ore major has provided technical and financial support to Neelachal Ispat Nigam Ltd (NINL), after which mining operations at the steelmaker’s Mithirda iron ore mine block in Orissa have resumed. ..
Vedanta: A mining company led by Anil Agarwal said the board of directors will meet next week to consider and approve the first interim dividend from 2021 to 22.
India: State-owned metal producers are committed to investing 4,000 rupees in Jharkhand over the next three years to increase the capacity of the Gua mine, in addition to installing a 4 million ton (MT) pallet plant. Expressed.
Bharat Oil: Oil distributors supply medical grade oxygen from the Mumbai Refinery to the Greater Mumbai Municipal Authority (MCGM) to help meet the medical oxygen requirements of city hospitals in the city.
Max Healthcare Institute: The medical facility has acquired the exclusive right to support development and provide medical services to a 500-bed hospital in a 3.5-acre prime location in Saket, Delhi, through its arm Alps Hospital Ltd. Said.
Mariko: In-house developed FMCG companies expect revenue growth of 13-15% in the medium term, supported by an 8-10% increase in volume, and will continue to invest in brand building to support growth initiatives. Says Managing Director and Chief Executive Officer. Sauga Tagputa.
Burger paint: To become a company of 10,000 rupees, which will celebrate its 100th anniversary in 2023
We aim to achieve sales of 8,000 rupees in the current fiscal year. In the last fiscal year, it recorded an income of about 6,800 rupees.
Philips Carbon Black: The company of RP-Sanjiv Goenka Group plans to pump about 1,300-1,400 rupees over the next two years to expand capacity. The lineup includes one 800 rupee greenfield plant near Chennai and Mundra’s brownfield expansion for specialty carbon with an investment of 300-350 rupees.
IDFC First Bank: The private sector is aiming for a 25% increase in retail loan books over the long term and expects mortgage lending to account for 40% of future loan books.
technology: The recently listed company said it had acquired Hyderabad-based OpenPlay for Rs 186.41. Nazara’s board of directors has approved the acquisition of OpenPlay Technologies from existing shareholders.
Ltd: Indian Oil Group companies have announced the appointment of Arvind Kumar as Managing Director. The Appointments Committee of the Cabinet (ACC) has approved a proposal to appoint Indian Oil Executive Director Arvind Kumar as Managing Director of CPCL.
Indoko Relief: The pharmaceutical company said it has been accredited by the UK-MHRA (Medicine and Healthcare Products Regulatory Agency) for AnaCipher, a Hyderabad-based clinical research institute (CRO).
Future retail: The Kishore Biyani-led company is supreme in response to the High Court of Delhi instructing the High Court of Delhi to maintain its status quo in connection with a transaction of Rs 24,713 with Reliance Retail and enforce orders from a Singapore-based emergency arbitrator. He said he had approached the court. ..
UCO Bank: State-owned lenders said the government extended the term of MD and CEO Atul Kumar Goel by two years.
Coffee Day Company: The coffee chain said it had “significantly” reduced debt and management is doing its best to get the company back on track. According to the latest annual report, CDEL’s net debt as of March 31, 2021 was Rs 1,731.
Telecom stock: The telecommunications industry’s Advanced Gas-cooled Revenue (AGR) increased by 2% in the quarter ended March 2021 to reach Rs 48,587. Data from the sector regulator TRAI shows. AGR growth was 8.12% year-on-year.
Bharti Airtel Shares: News Shares: Airtel, TaMo, Dr Reddy’s Labs, Vedanta, Max Health
https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-the-news-airtel-tamo-dr-reddys-labs-vedanta-and-max-health/articleshow/85754985.cms Bharti Airtel Shares: News Shares: Airtel, TaMo, Dr Reddy’s Labs, Vedanta, Max Health