Ambuja CementsThe Adani Group is likely to sell a 2.84% stake in Ambuja Cements on Friday through a block deal to raise around Rs 4,200 crore, ET reported.
Power Mech ProjectsThe Board of Power Mech Projects approved a bonus issue in the ratio of 1:1, where eligible investors will get one additional share for one share held in the company.
Bharti Airtel
The Goods and Service Tax Appellate Authority has ordered Bharti Airtel to pay Rs 194 crore GST on licence fees and spectrum usage charges demanded by the Department of Telecom.
Adani PowerNCLT has approved the company’s resolution plan to buy Lanco Amarkantak Power. The cost of acquisition will be around Rs 4,101 crore.
NykaaHarindarpal Singh and Associates is likely to sell up to 1.4% stake in Nykaa at a floor price at Rs 198 per share, according to reports.Jain IrrigationJain Irrigation has signed an MoU with Coffee Board of India for the commercial release of the advanced high quality, disease-resistant coffee plants to growers.
WiproIT services giant Wipro has entered into an agreement with John Lewis Partnership (JLP) to transform and modernise the firm’s IT Infrastructure.
Shriram FinanceThe Competition commission of India (CCI) approved the sale of the entire stake of Shriram Housing Finance to Mango Crest Investment.