Bharti Airtel  | The company said its board will meet on Feb 17 to discuss the future strategic plans and reorganisation of the shareholding framework of the subsidiary companies.


Market

Updated : March 22, 2021 07:40 AM IST

The Indian market is probably going to open flat Monday amid combined international cues. At 7:35 am, the SGX Nifty was buying and selling 2.50 factors or 0.02 p.c larger at 14,749.50, indicating a flat begin for the Sensex and Nifty50.


 Bharti Airtel  | The company will acquire 17.43 lakh shares, representing 7.48 percent of paid-up equity stake of Sandhya Hydro Power Project Balargha Pvt Ltd, a special purpose vehicle (SPV).

Bharti Airtel | The firm will purchase 17.43 lakh shares, representing 7.48 p.c of paid-up fairness stake of Sandhya Hydro Power Project Balargha Pvt Ltd, a particular objective car (SPV).


(*22*)
 Tata Motors  | The company said Marc Llistosella will not be joining as its CEO and Managing Director.

Tata Motors | The firm stated Marc Llistosella is not going to be becoming a member of as its CEO and Managing Director.



 Vodafone Idea  | The company admitted it has found an “inadvertent error” in the subscriber data for January 2021 reported to TRAI, and has now corrected and submitted revised information to the regulator.

Vodafone Idea | The firm admitted it has discovered an “inadvertent error” within the subscriber knowledge for January 2021 reported to TRAI, and has now corrected and submitted revised data to the regulator.



 Power Grid Corporation  | The company will acquire 74 percent stake of Jaiprakash Power Ventures in Jaypee Powergrid for Rs 351.65 crore.

Power Grid Corporation | The firm will purchase 74 p.c stake of Jaiprakash Power Ventures in Jaypee Powergrid for Rs 351.65 crore.



 Adani Green Energy  | The company will acquire 100 percent stake in an SPV holding 50 MW operating solar project of the Toronto-headquartered SkyPower Global.

Adani Green Energy | The firm will purchase one hundred pc stake in an SPV holding 50 MW working photo voltaic mission of the Toronto-headquartered SkyPower Global.



 JSW Energy  | The company’s subsidiary JSW Future Energy received orders for a total wind capacity of 450 MW from Solar Energy Corporation of India (SECI).

JSW Energy | The firm’s subsidiary JSW Future Energy acquired orders for a complete wind capability of 450 MW from Solar Energy Corporation of India (SECI).



 Future Retail  | Future Group has approached the Delhi High Court challenging a single judge’s order upholding the Singapore's Emergency Arbitrator's (EA) order restraining Future Retail Ltd (FRL) from going ahead with its Rs 24,713 crore deal with Reliance Retail to sell its business, which was objected to by US-based e-commerce giant Amazon.

Future Retail | Future Group has approached the Delhi High Court difficult a single choose’s order upholding the Singapore’s Emergency Arbitrator’s (EA) order restraining Future Retail Ltd (FRL) from going forward with its Rs 24,713 crore take care of Reliance Retail to promote its enterprise, which was objected to by US-based e-commerce big Amazon.



 Bharat Dynamics  | The company has signed a contract for the production and supply of Milan-2T Anti-Tank Guided Missiles. The contract value is Rs 1,188.12 crore.

Bharat Dynamics | The firm has signed a contract for the manufacturing and provide of Milan-2T Anti-Tank Guided Missiles. The contract worth is Rs 1,188.12 crore.



 NTPC  | The company’s Bongaigaon plant in Assam achieved the highest-ever generation of 18.2499 million units on March 18, 2021, with a 101.39 percent Plant Load Factor (PLF).

NTPC | The firm’s Bongaigaon plant in Assam achieved the highest-ever era of 18.2499 million models on March 18, 2021, with a 101.39 p.c Plant Load Factor (PLF).



 Prabhat Dairy  | The bid for delisting offer opens on March 24 and will close on March 31. The floor price of delisting offer is set at Rs 63.77 per share.

Prabhat Dairy | The bid for delisting provide opens on March 24 and can shut on March 31. The flooring value of delisting provide is ready at Rs 63.77 per share.



 NHPC  | The company’s board inter-alia has approved the proposal regarding the formation of a Joint Venture (JV) company for implementation of the Ratle Hydroelectric Project (850 MW) in the Chenab River Basin in UT of Jammu and Kashmir. The Board has also accorded its investment approval to contribute initial equity of Rs 51 crore by NHPC Ltd in the JV company, to be promoted jointly by NHPC (51%) and JKSPDCL (49%).

NHPC | The firm’s board inter-alia has authorised the proposal relating to the formation of a Joint Venture (JV) firm for implementation of the Ratle Hydroelectric Project (850 MW) within the Chenab River Basin in UT of Jammu and Kashmir. The Board has additionally accorded its funding approval to contribute preliminary fairness of Rs 51 crore by NHPC Ltd within the JV firm, to be promoted collectively by NHPC (51%) and JKSPDCL (49%).



 Great Eastern Shipping Company  | The company has signed a contract to buy a second hand Midsize Gas Carrier of about 35,188 cbm. The 2006 Korean built vessel is expected to join the company’s fleet in Q1 FY 2021-22.

Great Eastern Shipping Company | The firm has signed a contract to purchase a second hand Midsize Gas Carrier of about 35,188 cbm. The 2006 Korean constructed vessel is predicted to be a part of the corporate’s fleet in Q1 FY 2021-22.



 Infibeam Avenues  | Promoter entity O3 Developers sold 0.39 percent equity stake in Infibeam Avenues via open market transaction on March 17. Non-promoter Varini Patel offloaded 32.50 lakh equity shares in the company on March 17.

Infibeam Avenues | Promoter entity O3 Developers bought 0.39 p.c fairness stake in Infibeam Avenues by way of open market transaction on March 17. Non-promoter Varini Patel offloaded 32.50 lakh fairness shares within the firm on March 17.



 PNC Infratech  | CARE Ratings has assigned credit rating on the bank facilities of the company’s subsidiary, PNC Gomti Highways, as ‘A’ and assigned ‘Stable’ outlook on the bank facilities of Rs 559.30 crore.

PNC Infratech | CARE Ratings has assigned credit standing on the financial institution services of the corporate’s subsidiary, PNC Gomti Highways, as ‘A’ and assigned ‘Stable’ outlook on the financial institution services of Rs 559.30 crore.


Published : March 22, 2021 07:31 AM IST




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