Friday, 20 January 2023
HCL Technologies
HCL Technologies is the primary IT partner of ODP Corporation’s end-to-end IT operations and enterprise-wide digital transformation to support ODP’s business strategy in its Office Depot, ODP Business Solutions and Veyer business units
Mukand Ltd
Mukand Ltd. has transferred 45.94 acres of land at its Kalwe/ Dighe facility in Thane, Maharashtra, to AGP DC Infra Two Pvt. Ltd. for Rs 796.46 cr.
LIC and IDBI Bank
GoI and LIC will sell their 60.72% stake in IDBI Bank as part of the disinvestment and the government’s stake will reduce to 15%.
Rail Vikas Nigam
Rail Vikas Nigam’s joint venture with ISC Projects has been awarded the supply and commissioning of ballastless track for the Surat Metro Rail Project Phase-1 worth Rs. 166.26 cr. With a higher book-to-bill ratio, the share can be bought for medium-term gains.
Allcargo
Allcargo has acquired 75% stake in European rival, Fair Trade, for Euro 12 mn that has a fair value around Euro 16mn
Anand Rathi Wealth
Anand Rathi Wealth posted 20% higher Q3 revenue of Rs. 140 cr. with 35% rise in NP to Rs. 43 cr. Its AUM (assets under management) has surged to Rs. 1017 cr.
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