2022-06-15 06:42:13
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BSC Exclusive Morning Market News & Update
LIC: The company’s stake in Hero MotoCorp has increased from 9.163% to 11.256%. It has also increased its stake in Hindustan Unilever to 5.008%.
SBI: India's largest public sector lender has increased MCLR-based lending rates across tenors by 20 basis points.
NTPC: The company has started commercial operations for 15 MW out of 56 MW Kawas Solar PV Project at Kawas, Gujarat, taking its total operational capacity to 54,666.68 MW.
Wipro: The Bengaluru-based IT firm will increase its headcount in Norway to 350 to help clients capitalise on digital transformation.
Asian Paints: The company has acquired 51% stake in Weatherseal Fenestration for Rs 19 crore to make it a subsidiary.
Cipla: The drugmaker, along with Drugs for Neglected Diseases initiative, has launched an HIV drug for children in South Africa.
Bajaj Auto: Shekhar Bajaj has resigned as the non-executive director of the company due to health reasons.
Engineers India: The company was appointed as project management consultant by Nayveli Lignite Corp. for 1200 TPD lignite to methanol project. The project is expected to be commissioned in 2027.
Biocon: The Competition Commission of India has approved the sale of the global biosimilars portfolio of Viatris Inc. to the company.
IIFL Wealth: The Competition Commission of India has approved purchase of 24.98% stake of the company by Bain Capital.
GR Infraprojects: GR Bandikui Jaipur Expressway, a wholly owned subsidiary of the company, executed the concession agreement with the National Highways Authority of India.
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